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Electric Bus Garage in London to Feed the Grid in Largest Ever Trial

A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial to […]

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Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn

Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […]

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Vestas Reports 67% Increase in Revenue for Q2 2020

Vestas has issued its financial report for Q2 2020, reporting revenue of EUR 3,541 million – an increase of 67% compared to the year-earlier period. Global wind energy major Vestas has issued its interim financial report for the second quarter (Q2) of the financial year 2020. The firm has shown a strong performance in spite […]

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PTC India Reports net Profit of Rs 100 Crore in April-June Quarter

PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […]

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Tata Projects Completes 110 km Transmission Line Project in Thailand

TATA Projects, with its consortium partners, has completed the work on a 110 km stretch of the 200-km Surathani-Phuket transmission line project in Thailand. TATA Projects, one of India’s fastest growing infrastructure companies has announced that it has, along with its consortium partners, completed the work on an important 110 km stretch of the 200-km Surathani-Phuket transmission […]

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Visa Sells its Green Bonds at Record Low Yield, Will Fund Green Projects

Visa Inc has announced that it has successfully completed the sale of its green bonds at a record low yield Leading consumer finance company Visa Inc has announced that it has successfully completed the sale of its green bonds at a record low yield, as it becomes the first company in its field to issue […]

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As Oil and Gas Shrink, Wind Industry Takes Over in Texas: IEEFA

The wind industry in West Texas is booming an area known historically for its boom-and-bust oil cycles, concludes a report published by IEEFA. The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published by the Institute for Energy Economics […]

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Government Introduces new Consumer Charter to Seek 24×7 Power

The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes and provide them compensation for any deviation from the stated goal. Sources close […]

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Renew-SECI Tussle At CERC Indicates Further Trouble For Wind Energy

India’s wind energy sector has been stuttering, even as solar has managed to escape the worst of the slowdown blues. So much so that multiple developers that were invested in growing both Wind and Solar energy projects, have quietly moved away almost exclusively to solar now, other than the odd Hybrid project that comes up. […]

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