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GE, Siemens Gamesa Settle Patents Dispute Outside Courts

Global wind energy conglomerates GE and Siemens Gamesa have announced that they have reached an amicable settlement to end both their legal cases regarding patent disputes in connection with the Haliade-X wind turbine. The two firms have multiple pending cases in Europe and the US. Both GE and Siemens Gamesa have kept the settlement terms confidential. […]

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IIT Roorkee, GIC Re Collaborate to Develop Solar Window Technology

The Indian Institute of Technology Roorkee (IIT Roorkee) and General Insurance Corporation of India (GIC Re) have signed a partnership agreement to develop solar window technology that will enhance the solar power generation in India and lead to greater sustainable development. The two entities – IIT Roorkee Development Foundation (IITRDF) and GIC Re – have […]

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Construction Work Kickstarts on Orsted Offshore Wind Projects in Port of Emden

Construction work has kickstarted for Orsted’s Gode Wind 3 and Borkum Riffgrund 3 offshore wind projects in the Port of Emden. The wind turbines will be installed next year. The Denmark-based renewable energy firm, Orsted, has revealed that the wind farms will be handed over the operational management during 2024-end or at the beginning of […]

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Vattenfall, Havfram Sign Preferred Supplier Agreement for Norfolk Wind Projects

Global wind energy conglomerate Vattenfall has announced that it has appointed Havfram Wind as preferred supplier for the installation of wind turbines for the Norfolk projects of Vattenfall in the United Kingdom. Havfram said that the agreement covers transport and installation works over a period of three years, utilizing the new-build NG20000X Jack-Up Wind Turbine […]

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Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways

Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […]

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“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL

Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […]

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Iberdrola to Supply Over 1 TWh Renewable Power to Amazon

In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […]

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Renalfa Acquires 73 MW Bulgarian Wind Facility From Alpiq

Austrian renewable energy company Renalfa IPP has agreed to acquire the Vetrocom wind farm situated in Bulgaria from Switzerland based Alpiq. With a capacity of 72.5 MW, the wind farm, which is wholly owned by Alpiq, generates yearly an average of 135 GWh of climate-friendly electricity. Renalfa is a joint venture between the French investment […]

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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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