GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the 70 MW Guney wind farm in Turkey. The wind farm will produce enough clean energy to power the equivalent 71,000 homes, save about 200,000 tons of CO2 and support […]
Andhra Pradesh government recently released a sum of INR 2,984 crore to clear long- pending dues to Solar and Wind Power generators, central generating stations and state generating stations. Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind power generators will get the balance. According to an order […]
GE Renewable Energy has received an order from the EDF-SITAC joint venture to supply and install 112 of its 2.7 MW wind turbines with 132m rotor at the Sitac Kabini wind farm in Gujarat, India. The 112 units will be installed and commissioned over the next year and will produce enough green energy to meet […]
JMK Research and Analytics in its latest report revealed that in the Q4 of 2019India installed 2,308 megawatt (MW) of solar capacity and 817 MW wind projects. According to the report the quarter saw a significant increase in installed capacity across wind and solar, clocking an overall 40 per cent growth over the previous quarter. […]
Inox Wind recently reported a consolidated net loss of Rs 27.47 crore during the quarter ended December 31, 2019. The company had posted a net profit of Rs 1.69 crore during the corresponding quarter a year ago, Inox Wind said in a BSE filing. During the October-December 2019 period, its total income fell to Rs […]
ICRA in its new report said that wind energy capacity addition will likely be subdued this financial year amid challenges like payment delays from discoms and a tight financing environment. Though on a year-on-year basis, capacity addition is likely to improve to about 2.5 GW in FY2020, from 1.6 GW in FY2019, achieving the 60 […]
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 […]
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. […]
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 […]
Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have signed an agreement whereby funds advised by CSEIP will acquire an 80% stake in Fortum’s Nordic wind portfolio. Fortum will retain a 20% minority ownership in this wind power portfolio, continue to manage the construction, and serve as long-term asset manager for the wind portfolio. The […]
