wind energy

Inox Wind Q3 Results-Firm Turns PAT Positive

Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, today announced its financial results for the third quarter of Fiscal Year 2024 (FY24). Continuing its turnaround journey, Inox Wind turned PAT positive in Q3 FY24, reflecting the successful implementation and outcome of its recent strategic measures as well as operational improvements. Notably, […]

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Statkraft Begins 519 MW Brazilian Wind Farm; It’s Largest Outside Europe

Statkraft has announced the inauguration of its largest wind farm outside Europe – the 519 MW Ventos de Santa Eugênia Wind Complex – that is now coming up in Bahia, Brazil. Also, it is among the first hybrid projects in Brazil once the planned solar farm of 163 MW is added to optimise energy production. […]

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Scotland’s TWP Progresses With Its 1 GW Offshore Floating Wind Project

Scotland-based renewable energy company Thistle Wind Partners (TWP) has submitted the onshore scoping report for its Ayre floating offshore wind project which is among the two of its ScotWind projects. According to the press release by the company, the 1 GW Ayre Offshore Wind Plant is planned to be located at the east of Orkney […]

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Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way

The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […]

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […]

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Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects

Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […]

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NHPC Invites Bid for 1200 MW Wind Plant in Central, South India

Indian public sector hydropower company NHPC has invited bids for wind power projects for a contracted capacity of 1200MW from Inter-State Transmission System (ISTS) connected Wind Power Projects under Tariff Based Competitive Bidding (TBCB) that will be conducted online. The last date for the submission of the bid is 28th February 2024 and the opening […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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Suzlon Wins New WTG Order For 642 MW Power Project From Evren

Suzlon Group, a renewable energy solutions provider, announced that it has won an order for the supply of Wind Turbine Generators (WTGs) for a 642 MW wind power project from Evren Company, ‘ABC Cleantech Private Limited (ACPL). Suzlon will install 214 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated […]

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