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Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra

The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […]

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Enel Brings Online Three new Wind Farms in North America

Enel has begun operating a 50 MW expansion of the High Lonesome wind farm in Texas, and its 105 MW Riverview & 29.4 MW Castle Rock Ridge II wind farms in Canada Enel, through its US renewable subsidiary Enel Green Power North America, has begun operating a 50 MW expansion of the High Lonesome wind […]

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Siemens Gamesa Launches the World’s Largest Offshore Turbine at 14 MW

Siemens Gamesa Renewable Energy has launched its new SG 14-222 DD offshore Direct Drive wind turbine with an unprecedented 14 MW capacity Offshore at its strongest! Featuring a capacity of up to 15 MW with Power Boost and a 39,000 m2 swept area, the new generation of our Direct Drive platform has an AEP increase […]

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KYB and REE Partner to Develop Next-Gen Modular EV Platforms

KYB and REE Automotive have announced a strategic partnership to develop suspension capabilities for future EV platforms. KYB Corporation (KYB) and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms. According to the joint statement issued by the firms, automotive Tier 1 supplier KYB’s unparalleled semi-active […]

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Indian Oil Tenders for Modification of Inverter Telemetry for Rooftop Solar Plants

State-owned energy major Indian Oil Corporation Ltd has floated tender inviting electronic bids from eligible bidders for the modification of inverter telemetry for hosting of a real-time generation of rooftop solar plants of Western Region Pipelines (WRPL) on the common digital platform. The work location under the tender will be Indian Oil’s all locations of […]

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The Renewable Energy Transition is Finally Coming to Asia: IEEFA

Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […]

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Facebook Green Energy Goals Speeding Transition in New Mexico: IEEFA

Construction of a major Facebook data center in New Mexico has lifted the local economy and accelerated the state’s transition toward renewable electricity Construction of a major Facebook data center in Los Lunas, New Mexico, has lifted the local economy and accelerated the state’s transition toward renewable-powered electricity, concludes a report published recently by the Institute […]

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Grid (In) Stability in Focus At Accenture’s Digitally Able Grid Survey

More than nine in 10 executives (95%) believe that climate change due to greenhouse gas emissions has been a contributing factor to increased extreme weather events that their electricity networks have experienced over the past 10 years, according to new research from Accenture. In addition, 90% believe an expected rise in severe weather poses an […]

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The Power Minister and Power Honchos In Virtual Open House. Report

At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […]

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