Best Power Equipments Supplies 2,000 UPS amidst Pandemic

Noida-based UPS manufacturer Best Power Equipments (India) Pvt Ltd (BPE) has supplied 2,000 uninterruptible power source (UPS) and power backup solutions during the pandemic.

Energy Storage | 06/05/2021 | By Manu Tayal

Siemens Gamesa to Supply for Full 1,044 MW Hai Long Offshore Wind Projects in Taiwan

Siemens Gamesa’s largest offshore agreement in Taiwan to date has been now extended to 1,044 MW to cover the second and third part of the projects i.e. Hai Long 2B of 232 MW capacity and Hai Long 3 of 512 MW capacity respectively.

Renewable energy / Wind Power | 05/05/2021 | By Manu Tayal

Ford, BMW, Volta Lead $130 Mn Investing Round in EV Battery Maker Solid Power

Ford Motor Company, BMW Group, and Volta Energy Technologies have been leading a $130 million Series B investment round in Solid Power, the all-solid-state batteries manufacturer for electric vehicles (EVs).

Investment & Trading | 04/05/2021 | By Manu Tayal

Tata’s TP Saurya Emerges as Lowest Bidder in 250 MW Dondaicha Solar Park Tender of Mahagenco

TP Saurya Ltd, the renewable energy arm of Tata Power, has emerged as the lowest bidder in the e-reverse auction of state-owned Maharashtra State Power Generation Co Ltd (MAHAGENCO), by quoting a tariff of Rs 2.51/kWh.

Renewable energy / Solar PV | 03/05/2021 | By Manu Tayal

ArcVera Hires Kevin Lichtenstein to Lead its Global Solar Consulting Team

ArcVera Renewables has appointed Kevin Lichtenstein as Director - Solar Energy Group, Global.

Business | 03/05/2021 | By Manu Tayal

Adani Green Energy Net Jumps 86% in Q4 to Rs 104 Cr on Higher Revenue

Adani Group’s flagship renewable energy firm Adani Green Energy Ltd (AGEL) has reported a significant jump of approx 86 per cent in its consolidated net profit after tax at Rs 104 crore during the January-March quarter ended FY21, mainly on account of higher revenue.

Investment & Trading | 06/05/2021 | By Manu Tayal

ReneSola Power, Eiffel Form 51:49 JV to Ramp up Solar Development in Europe

Solar project developer ReneSola signed a joint venture (JV) agreement with Eiffel Investment Group (Eiffel), to accelerate the development and financing of the company’s current and future solar projects across Europe.

Renewable energy / Solar PV | 06/05/2021 | By Manu Tayal

IEX Power Market Trade Grows 90.2% in April at 7707 MU

Continuing its last fiscal exceptional performance, the electricity market at Indian Energy Exchange (IEX) traded 7707 MU volume registering a growth of 90.2 per cent during April 2021.

Investment & Trading | 06/05/2021 | By Manu Tayal

Hitachi ABB Power Grids in India PAT Rises 35% to Rs 39.4 Cr in Q1

Hitachi ABB Power Grids in India has reported a growth of 34.9 per cent in its profit after tax (PAT) at Rs 39.4 crore during the first quarter of FY21.

Business | 06/05/2021 | By Manu Tayal

Time is Now for Global ESG Regulation, says Nigel Green

A global regulatory framework for environmental, social and governance (ESG) investing is now urgently required, says Nigel Green, the CEO and founder of deVere Group, one of the world’s largest independent financial advisory and fintech organisations.

Power R&D | 06/05/2021 | By Manu Tayal

Works on Sea Wall near Completion for EWP-EDF One Wave Energy Project

Eco Wave Power announced that the wall reinforcement works have been near completion, meant to enable the installation of floaters on the sea wall of the Port of Jaffa, Israel.

Other Energy Applications / Sustainable Building | 06/05/2021 | By Manu Tayal

Global Offshore Wind Goals Hit by Lack of Suitable Infrastructure

Rapid advances in offshore wind technology, making turbines bigger and more powerful, are currently outpacing the infrastructure capacity needed to install them, warns IHS Markit in its new report.

Power R&D | 06/05/2021 | By Manu Tayal

Nominations Open for Queen Elizabeth Prize for Engineering for 2022

The Queen Elizabeth Prize for Engineering (QEPrize) has commenced its search for the next recipients of the world’s most prestigious engineering accolade with the opening of its public nominations window.

Standards & Certifications | 05/05/2021 | By Manu Tayal

Sofar Solar Opens New Manufacturing Base for Inverter and Energy Storage Production Lines

Sofar Solar held the foundation stone-laying ceremony of the new R&D and manufacturing project for energy products in Huizhou. The newly-built Huizhou manufacturing facility which represents an investment of 400 million yuan will cover an area of 50 mu (33,334sqm or 360,000 sqft).

Energy Storage | 05/05/2021 | By News Bureau

JSW Signs Single Largest PPA with SECI for Blended Wind Energy Generation

JSW Energy, through its arm JSW Renew Energy, has forayed into the blended wind energy generation segment with the signing of its single largest Power Purchase Agreement (PPA) in the industry with state-owned Solar Energy Corporation of India Ltd (SECI).

Renewable energy / Wind Power | 05/05/2021 | By Manu Tayal

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