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Inox Wind arm sells 51 pc stake in Sri Pavan Energy

IWISL sold its entire 51 per cent shareholding, comprising 51,000 equity shares of Rs 10 each held in SPEPL, at face value for cash to Sri KPR Infra & Projects Ltd, it added New Delhi: Wind turbine maker Inox Wind on Friday said its arm Inox Wind Infrastructure Services has sold its entire 51 per […]

Ez4EV innovates ‘zero carbon’ Make in India, Green Energy EV Charging Solutions – EQ Mag Pro

Only one-third SECI wind projects commissioned so far

SECI, the nodal agency through which the new and renewable energy ministry (MNRE) conducts wind and solar auctions, has commissioned only 1961 MW of wind capacity, an official at the ministry said on condition of anonymity BENGALURU: Only about one-third of 6,000 megawatt wind power capacity auctioned by the Solar Energy Corporation of India in […]

Floating solar power plant may come up on Periyakulam lake – EQ Mag Pro

Siemens Gamesa warns coronavirus will keep squeezing 2020 finances

That profitability gauge had stood at 7.5 per cent a year earlier. The company’s bottom line also turned to a net loss in the quarter, but Chief Executive Marcus Tacke said he still believed it had good long-term prospects Wind turbine maker Siemens Gamesa said on Wednesday that project delays and supply chain disruptions caused […]

Britain eyes green trade to end world’s dependence on Russian energy – EQ Mag Pro

Wind power firms call for nations to maintain green momentum amid pandemic

Some governments have set themselves goals of reaching net zero emissions by 2050 or sooner, as pressure to act against climate change grows LONDON: Wind power companies have called on governments to ensure efforts to encourage low-carbon energy are maintained amid the economic fallout from the coronavirus pandemic, according to a statement seen by Reuters. […]

Canadian Solar Ranks No.1 In Cumulative Capacity of Solar Projects Awarded in Japan’s Solar Auction Program – EQ Mag Pro

Wind turbine maker Vestas falls to first-quarter operating loss

The Danish firm reported an operating loss before special items of 54 million euros ($58.9 million) versus the 91 million operating profit forecast by analysts COPENHAGEN: The world’s largest wind turbine maker Vestas on Tuesday posted an unexpected first-quarter operating loss despite strong sales and a booming order book. The Danish firm reported an operating […]

Canadian Solar Ranks No.1 In Cumulative Capacity of Solar Projects Awarded in Japan’s Solar Auction Program – EQ Mag Pro

Iberdrola bets on cash pile, investments to defy coronavirus

Powering more than 30 million homes and businesses in Spain, the United States, Brazil and Britain brought in net profit of 1.26 billion euros ($1.37 billion) in the first quarter versus a Refinitiv SmartEstimate of 1.20 billion MADRID: Ready cash, multi billion-euro investments, price hedging, regulated networks business and capital gains should help global wind […]

Bundesnetzagentur Selects 204 MW Rooftop PV Capacity With €0.070/KWh Lowest Winning Bid – EQ Mag Pro

Spain seizes virus tests bound for returning Siemens Gamesa workers: union

Siemens Gamesa began testing some staff last week and had agreed to extend this to the whole workforce, but told employees on Saturday it would not be able comply with its original timetable MADRID: Spanish authorities have requisitioned 2,000 antibody tests procured by wind turbine maker Siemens Gamesa and intended to check whether employees have […]

Bundesnetzagentur Selects 204 MW Rooftop PV Capacity With €0.070/KWh Lowest Winning Bid – EQ Mag Pro

India’s wind installation for 2020 likely to fall drastically

BloombergNEF has lowered its expectation of how much wind energy capacity India will add in 2020 to 1.95GW from an earlier forecast of 2.56GW Bengaluru: The coronavirus-led lockdown has blown away India’s wind energy target for 2020, as all major turbine manufacturers, including Siemens Gamesa, Vestas, GE and Inox Wind, have suspended production, industry executives […]

Floating solar power plant may come up on Periyakulam lake – EQ Mag Pro

Bankrupt wind turbine maker Senvion in talks to buy time for rescue deal

The company is in discussions with creditors to extend a 100 million euro ($111 million) insolvency loan so it can avoid having to agree to sell at any price FRANKFURT: Bankrupt German wind turbine manufacturer Senvion is in talks to buy time to strike a rescue deal as negotiations with potential buyers of the company […]

Bundesnetzagentur Selects 204 MW Rooftop PV Capacity With €0.070/KWh Lowest Winning Bid – EQ Mag Pro