Tags: wind energy

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 […]

Read more

Power Minister RK Singh holds meeting with gencos to push renewable energy

Power and New & Renewable Energy Minister R K Singh on Thursday held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of thermal power stations to reduce emissions. The mechanism allows power generators to increase share of renewables in their overall energy mix for meeting their committed […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

Former NY City Mayor to plunge USD 500M into clean energy effort

Former New York City Mayor Michael Bloomberg is plunging USD500 million into an effort to close all of the nation’s remaining coal plants by 2030 and put the United States on track toward a 100% clean energy economy. The billionaire Bloomberg’s investment in the Beyond Carbon initiative marks the largest ever philanthropic effort to combat […]

Read more

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 […]

Read more

Falling Renewable Power Costs Open Door to Greater Climate Ambition: IRENA

Renewable power is the cheapest source of electricity in many parts of the world already today, the latest report from the International Renewable Energy Agency (IRENA) shows. The report contributes to the international discussion on raising climate action worldwide, ahead of Abu Dhabi’s global preparatory meeting for the United Nations Climate Action Summit in September. With […]

Read more

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 […]

Read more

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 […]

Read more