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Wind Market Blows to 44 GW in Global Orders in Q4 ’22 on Chinese Orders

As per Wood Mackenzie, in 2022, global wind turbine order intake peaked to new heights. While 44 gigawatts (GW) was procured in Q4, 134.6 GW was recorded for the year. Both the numbers have set new records. Yearly investment touched an estimated $74.2 billion and saw domination in activity by China. As far as the […]

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UK’s Renewable Parts Wins Contract for Offshore Turbine Restoration for Orsted

UK firm, Renewable Parts, which deals with the refurbishment of wind turbine parts and supplies has shared that it has entered into an agreement with Denmark-based provider of renewable energy, Orsted. As per the agreement, Renewable Parts will supply refurbishment services for operations of offshore wind turbines of Orsted The operations will commence with Orsted’s […]

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Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards

A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […]

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ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19%

ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […]

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […]

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Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations

The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […]

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China’s Windey Wins O&M Project for Serbia’s Wind Farm of 100 MW Capacity

China-based manufacturer of wind turbines, Zhejiang Windey, has bagged a contract with Serbia’s leading Independent Power Producer Fintel Energija. The Chinese manufacturer will look into the delivery, assembly along with the maintenance of the wind turbines for wind farm projects with a cumulative capacity of 110 MW. The value of the pact has remained undisclosed. […]

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