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Land Issues Slowing Down RE Projects In South Asia: Bloomberg

According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […]

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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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Area Sales Manager, Power Generation (South Asia & Southeast Asia)

Overall business development and the direct sale of new turbomachinery systems, construction services and associated aftermarket services for Power Generation application covering key countries from South Asia & Southeast Asia region. This is a key position which is critical to the company in achieving its business objectives and it has significant sales and territory responsibility. […]

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Vestas Signs MoU With Maersk For Offshore Wind Turbine In South Korea

Vestas signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City, on a plan towards a supply chain investment in Mokpo City in the Jeonnam Province, South Korea. Under the Memorandum Understanding (MoU), the parties will work together to establish a nacelle manufacturing plant and logistical base for offshore wind turbines at […]

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Scatec Launches 540 MW Kenhardt Solar Farm In South Africa

Scatec has recently launched the Kenhardt project totalling 540 MW solar and 225 MW/1,140 MWh battery storage in South Africa. The Scatec project is touted to be one of the world’s largest hybrid solar and battery storage facilities. The Sactec project was awarded by the Department of Mineral Resources and Energy in South Africa under […]

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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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Hyundai, Kia To Recall 1,70,000 EVs Over Software Issue In South Korea: Report

Hyundai Motor Co and sister company Kia Corp have announced that they will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, reported news agency Reuters quoting South Korea’s transport ministry. “Hyundai Motor and Kia will take prompt actions to prevent customer inconvenience and will continue to […]

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Australia In Focus as Pacific Green Targets 12 GWh Global BESS Capacity

UK based Global energy storage and environmental technology company, Pacific Green Technologies, Inc. is targeting more than 12GWh of battery energy storage capacity across four global markets. Having achieved rapid pipeline growth to 6GWh in 2023 – taking scale positions in the emerging Italian and Australian energy storage markets, as well as moving its first […]

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