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Siemens Energy scraps profit outlook as wind turbine troubles deepen – EQ Mag

New throughout, adds details and background Siemens Energy, which supplies equipment and services to the power sector, scrapped its profit forecast for 2023, citing deeper than expected problems at its wind turbine division that could cost the group more than 1 billion euros ($1.1 billion). “We are also reviewing assumptions critical to the existing business […]

PLSIND AND SBI TO PROVIDE FINANCING SOLUTION TO SOLAR-INTERESTED CUSTOMERS – EQ

Vibrant Energy partners with Envision for 149 MW wind turbine order – EQ Mag

Vibrant Energy, a provider of renewable energy solutions, announced on Monday that it had placed a 149-megawatt (MW) order with Envision Energy. The order consists of 45 wind turbines, each with a capacity of 3.3 MW. According to the official press release, the delivery is expected to commence from the third quarter of the financial […]

PLSIND AND SBI TO PROVIDE FINANCING SOLUTION TO SOLAR-INTERESTED CUSTOMERS – EQ

Wind Turbine Suppliers see a record year for deliveries despite supply chain and market pressures – EQ Mag Pro

BRUSSELS : Wind turbine suppliers supplied a new record amount of volume in 2022, according to GWEC’s annual Supply Side Data. According to the report, 30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasing pressure from commodity price increases and […]

Role of prosumers in renewable energy adoption in India – EQ

China wind turbine maker to launch EV-charging robots

Envision Group eyes potential in mobility, hydrogen and weather forecasting TOKYO : One of China’s biggest wind turbine makers plans to tackle the country’s chronic shortage of electric vehicle charging points: mobile robots that bring the juice to the car. Envision Group plans to start testing its Mochi robot — so named because it provides […]

Maharashtra has highest number of public EV charging stations, followed by Delhi

Saudi Arabia’s Alfanar Buys Wind Turbine Maker Senvion India

Some of the large wind power portfolio in India are owned by Goldman Sachs-backed ReNew Power Ventures Pvt. Ltd, GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) backed Greenko Energy Holdings, among others. Riyadh-based Alfanar has 480 MW operational wind power projects and 1.67 GW under various stages of development in Europe, India […]

Construction of 5 solar parks underway across Iran -EQ

Alfanar Successfully Completes 100% Acquisition of Wind Turbine OEM Senvion India

Alfanar has today announced its entry into Indian energy sector through 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. This is a unique and transformational deal for Alfanar which will strengthen its competitive position in India to grow its multi-dimensional end-to-end competitive solutions in the field of renewable energy and grid transmission […]

Data Centers and EV expansion create around 300 TWh increase in US electricity demand by 2030 – EQ

Saudi Firm Alfanar Acquires Wind Turbine Maker Senvion India

Saudi Arabia-based Alfanar has completed 100 per cent acquisition of wind turbine maker Senvion India for an undisclosed sum. New Delhi : Saudi Arabia-based Alfanar has completed 100 per cent acquisition of wind turbine maker Senvion India for an undisclosed sum. “Alfanar has today announced its entry into Indian energy sector through 100 per cent […]

Construction of 5 solar parks underway across Iran -EQ