Tags: wind energy news

PM Modi calls for focus on alternate energy, economic cooperation at SCO Summit

Prime Minister Narendra Modi on Friday called for greater cooperation among the SCO countries in combatting terrorism, promoting economy, alternate energy and healthcare as he outlined India’s commitment to peace and economic prosperity in the region. Addressing the Shanghai Cooperation Organisation (SCO) Summit here, Modi gave a template, ‘HEALTH’, for strengthening cooperation. “Our vision is to strengthen the healthy cooperation among […]

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NREL Announces Participants for 2019 Executive Energy Leadership Program

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has selected 21 leaders to participate in its 2019 Executive Energy Leadership program (Energy Execs), which provides non-technical business, governmental, and community leaders an opportunity to learn about advanced energy technologies, analytical tools, and financing to guide their organizations and communities in energy-related decisions and […]

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Global offshore wind O&M spend to grow to Euro 11 billion by 2028: WoodMac

The global offshore wind operation and maintenance (O&M) market is expected to grow by 17% annually to €11 billion by 2028, according to new research from Wood Mackenzie Power and Renewables. Europe is the largest contributor with €6.7 billion in value while the Asia Pacific region is keeping up the pace in O&M market size […]

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Japan plans carbon emission cuts by promoting renewables, nuclear

Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up […]

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GE lost billions by ‘misjudging’ renewables: Report

Investors in General Electric (GE), once one of the world’s most valuable companies, lost tens of billions of dollars after the Paris climate deal as it failed to adapt to the pace of the green energy transition, new analysis showed Thursday. A report by the Institute for Energy Economics and Financial Analysis (IEEFA) said GE […]

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Suzlon Q4 net loss narrows to Rs 294.64 crore

Suzlon Energy on Thursday said its consolidated net loss for the March quarter narrowed to Rs 294.64 crore from Rs 469.85 crore a year ago, mainly due to lower expenses. Total consolidated income from operations declined to Rs 1,450.47 crore in the fourth quarter of 2018-19, compared to Rs 2,189.18 in year-ago period, the company […]

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Bimstec nations could tap India’s green energy transition: Experts

With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s rapid renewable energy capacity increase, say experts. The New Delhi-based organisation CarbonCopy said the annual electricity trade potential between South Asian and Southeast Asian countries could be from 65,000 MW […]

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World Is Falling Short of Sustainable Energy Goals: IRENA

Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […]

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Toshiba, Siemens Gamesa, Blackstone interested in Senvion

Japan’s Toshiba, Siemens unit Gamesa and buyout groups such as Blackstone are interested in buying insolvent German wind turbine maker Senvion, German Manager Magazine said on Tuesday, citing sources close to talks. Senvion was not immediately available for comment.Senvion filed for insolvency in April, but said the objective of the proceedings was to transform the […]

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Fortum to build its first Finnish large scale wind park in Närpes

Fortum has made the investment decision to start the construction of the 90-megawatt (MW) Kalax wind park in Närpes, Finland. The project consists of 21 wind turbines with a total capacity of 90.3 MW and an annual production of more than 0.3 terawatt hours. Fortum has signed an agreement with Vestas for the turbine supply […]

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