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Siemens Gamesa Bags Order For 640 MW Offshore Wind Project in Taiwan

Siemens Gamesa Renewable Energy has finally received the firm order for the 640 MW Yunlin offshore wind plant in Taiwan. Following its selection as the preferred supplier in May 2018, Siemens Gamesa Renewable Energy (SGRE) has received the firm order by wpd offshore to supply the 640 MW Yunlin offshore wind power plant in Taiwan. […]

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Canada Launches Climate Action Incentive Fund

Businesses that plan to build renewable energy projects are eligible to receive up to 25% of project-related costs, with funding ranging from C$20,000 to C$250,000, under the Climate Action Incentive Fund.   The government of Canada has launched a new incentive program, the Climate Action Incentive Fund (CAIF), to help fight climate change, the federal […]

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IRENA Report on Innovation Landscape for a Renewable-Powered Future

The integration of solar and wind power poses specific challenges as system operators pursue low-carbon investments and long-term energy sustainability. As these variable renewable energy (VRE) sources reach high shares of power generation, power systems must be increasingly flexible to maintain the balance of supply and demand over each day or year. In response, policymakers […]

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Power Tariff Set For EV Charging Stations in Chandigarh

In its first move, the Joint Electricity Regulatory Commission (JERC) has fixed tariff plan for electric vehicle charging stations in Chandigarh. Boosting the business side of adopting electric vehicles at various commercial and residential complexes, JERC has fixed a tariff plan for EV charging stations in Chandigarh. In its latest order, the regulatory commission has […]

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Energy Sector Yet to Realise the Full Potential of Intelligent Automation

The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […]

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Ather Energy Raises $51 Million in Latest Round of Funding

Bengaluru-based e-mobility startup, Ather Energy recently announced that it has raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal’s investment of $32 Mn. Ather Energy was one of the earliest start-up funding of Sachin Bansal when he invested $0.5 Mn in the firm as an Angel investor in […]

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Cost of Renewable Power Dropped to a Record Low in 2018: Report

The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […]

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Senvion and TWB II Secure Project Delivery of 200 MW Offshore Wind Farm

Senvion and Trianel Windkraftwerk Borkum II (TWB II) announced today to continue their cooperation agreement for the supply of turbines. The project partners have agreed on a new supply contract, which will ensure supply of wind turbines for the Trianel Borkum II wind farm. The remaining 17 of the 32 wind turbines are supposed to […]

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EESL Registers 70% Consolidated Revenue Growth in FY19

EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […]

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