Vestas becomes first manufacturer to commit zero-waste wind turbines by 2040

Vestas is expanding its sustainability focus beyond the positive contribution of its products to also address waste generated in the value chain. Vestas has announced its intention to produce zero-waste wind turbines by 2040, further underlining our commitment to make sustainability part of everything we do. Vestas is the first turbine manufacturer to commit to […]

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Vestas receives 60 MW order from Eurowind Energy for Janikowo wind project

Vestas has received a 60 MW order from Eurowind Energy A/S, a leading developer and operator of sustainable energy projects, for the Janikowo wind project which will be located in the Kujawsko-Pomorskie Province in Poland. Awarded at the Polish wind-solar energy auction, in December 2019, the project attests to the increasing competitiveness of wind energy. […]

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Spain declares climate emergency, signals move to renewables

Spain’s new government on Tuesday declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy within its first 100 days in office. In a statement announced after the weekly cabinet meeting, the government committed to bringing a draft bill “to reduce greenhouse gas emissions with the objective of reaching […]

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UK looks to offshore wind for green energy transition

Britain, a global leader in offshore wind energy, plans to make the sector one of the pillars of its transition to carbon neutrality in the coming decades. The country aims to quadruple its offshore electricity production capacity by 2030 by utilising the windswept North Sea and a favourable policy environment. “It’s more conducive to build […]

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Navin Dewaji appointed by Siemens Gamesa as India CEO

Wind energy solution provider Siemens Gamesa announced appointment of Navin Dewaji as new country CEO. Dewaji will take over the CEO position from Ramesh Kymal who will step down and pursue new professional challenges, a company statement said. Kymal will stay in Siemens Gamesa until the end of April to support Dewaji, ensuring a smooth […]

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Suzlon defaults on loans worth over Rs 7,200 cr

Suzlon Energy on Tuesday said that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs 538.94 crore, the company said in a regulatory filing. The loans were given by a consortium of 18 banks led by the State Bank […]

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Proposed carbon tax waiver on coal may pose risks to renewable sector

Fitch Solutions on Monday said that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed to waive carbon taxes on coal (Rs 400 rupees/tonne), it said. This comes at a time […]

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ICRA revises outlook for RE sector to negative amid delays in project execution

Ratings agency Icra on Monday revised its outlook for India’s renewable energy sector from stable to negative amid delays in payments from discoms and execution of projects. The sector is facing headwinds because of the long delays in making payments by the state distribution utilities, delays in projects bid out over the past two years, […]

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Rajasthan produces excess power, credit goes to wind and solar

Winds of change in alternative power generation are sweeping across western Rajasthan with wind and solar energy producing surplus electricity for the tenth successive year considerably reducing greenhouse gas emissions. In Jaisalmer region, the total installed wind power capacity is 3933.52 MW and solar energy production is 113 MW, a senior official said. “On an […]

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Sale of Renewable energy certificate down by 10 percent in December

Sales of renewable energy certificates fell around 10 per cent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which […]

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