wind energy

Inox Wind Sales Rise 176.6% to Rs 527.73 Crore In Q4 FY24

Wind energy solutions provider Inox Wind Ltd  continued its strong turnaround in Fy 24, as it reported a consolidated net profit of Rs 38 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter last year, Inox Wind had posted a net loss of Rs 115 crore. Sales rose 176.66% to […]

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Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’

Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […]

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India To Have 122GW Installed Wind Capacity By 2032: GWEC Report

India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […]

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DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland

Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces.  The Moray West offshore wind farm, developed by Ocean […]

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JSW Acquires 45 MW Wind Project From Reliance In Maharashtra

JSW Renewable Energy (Coated) Limited, a wholly owned subsidiary of JSW Neo Energy Limited (or JSW Neo) and subsidiary of JSW Energy acquired 45 MW of Wind based Renewable Energy Project from Reliance Power Limited. This project is located at Jath, Sangli District, Maharashtra. In accordance with our prior announcement on March 22, 2024, they […]

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Nordex Receives 295 MW South Africa Turbine Order From EDF Renewables

EDF Renewables (South Africa) a subsidiary of EDF Renouveables has placed orders with the Nordex Group for two wind energy projects in South Africa. According to Nordex, the Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW. The Nordex Group will also […]

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Condor-Like Winglet Increases Wind Turbine Efficiency By 10%, Shows Study

A recent report published in the journal Energy has shown that a novel winglet, inspired by the condor’s wings can boost a turbine’s energy output by an average of 10%. This was done by the University of Alberta. Engineers at the Department of Mechanical Engineering at the University of Alberta looked to the Andean condor […]

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Global Wind Power Production “Very Predictable”, Finds Eoltech study

Eoltech, a wind and solar resource assessment consultancy, released the findings of a new study that aimed at assessing the variations of the global wind resource over the last 15 years. The data show that worldwide wind power production is very predictable, with annual variations remaining within a ± 3 % range. These results are […]

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MPJN Issues Consultancy Tender For 100 MW Solar & 60 MW Wind Projects

The Madhya Pradesh Jal Nigam (MPJN) has issued a request for bids for Consultancy services for 100 MW solar and 60 MW wind generating projects. MPJN is desirous of engaging a consultant for support in setting up Solar PV and Wind projects for Captive Utilization of Power under Group Captive Mechanism and to support in […]

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