Data to Play Key Role in Unlocking Renewable Energy Investment Post COVID-19: Clir

This is, at least, according to Clir, the leading provider of performance assessment software for renewable energy, which is working with a number of major investment firms to quantify and analyze the performance of wind farms - both prior to acquisition and to optimize projects once acquired

Business | 01/06/2020 | By Moulin

Global Energy Investments to See Significant Plunge Worth $400 Billion Due to COVID-19: IEA

It added that this would be the prevalent drop in global energy investment in history, with outlay expected to plunge in every major sector from fossil fuels to renewables, and efficiency

Business | 27/05/2020 | By Moulin

India’s Present Solar Tariffs 30 Percent Lower Than Current Thermal Power Costs: Study

According to Vibhuti Garg, co-author of the study by IEEFA and JMK Research & Analytics and energy economist at IEEFA, as per present market conditions, tariffs below Rs 2.50 per kWh are economically not viable in India’s solar sector

Business | 22/05/2020 | By Moulin

Global Green Energy Growth to Drop for First Time in 20 Years: IEA Report

The world is set to build fewer wind turbines, solar plants, and other installations that produce renewable electricity this year as energy demand has been reduced across commercial and industrial sectors and logistics issues delay projects

Business | 20/05/2020 | By Moulin

Asia Set for Renewable Energy Transition, Regardless of COVID-19: IEEFA Report

“India imported some $250 billion worth of fossil fuels in 2019, both a massive economic drain and a major energy security risk. Leveraging renewable energy resources allows for domestic diversification away from imports and helps reduce energy security risks,” IEEFA said

Business | 18/05/2020 | By Moulin

Vikram Solar Top Performer in PVEL Product Qualification Program List

The company has claimed this coveted position within the Product Qualification Program List 3 times in the last 4 years and for the second consecutive year

Renewable energy / Solar PV | 02/06/2020 | By Moulin

COVID-19 Pandemic Has Led to Reduced Coal-Based Electricity Generation: GlobalData

Due to liquidity constraints and lack of sales, coal mines and power plants are scaling down or halting their operations, which will significantly impact the sector's growth outlook

Business | 02/06/2020 | By Moulin

Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost: IRENA Report

Competitive power generation costs make an investment in renewables highly attractive as countries target economic recovery from COVID-19, new IRENA report finds

Business | 02/06/2020 | By Moulin

SKF Factories to be Carbon Neutral by 2030

The 2030 target will cover SKF's own manufacturing operations, i.e. SKF's scope 1 and 2 emissions. It will be achieved by a combination of process improvements, energy-efficient machinery, and procurement and generation of renewable energy. As a last resort, SKF may also purchase high-quality carbon offsets

Business | 02/06/2020 | By Moulin

Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020

Sungrow will showcase the latest PV and energy storage product portfolio covering utility-scale, commercial & industrial and residential applications at the virtual fully-immersive booth, aiming at addressing diversified needs in the global renewable energy market

Energy Storage | 02/06/2020 | By Moulin

Ingeteam Reaches 50 GW Installed Wind Capacity Milestone

“This steady performance is largely supported by our company’s long-term commitment to continuous innovation, backed by industry-leading R&D investment levels. 5% of the company’s turnover is re-invested in new product developments and over 400 employees work in R&D labs,” commented Alberto Barcia, Commercial Director of Ingeteam’s Wind Business Unit

Renewable energy / Wind Power | 02/06/2020 | By Moulin

Falling Cost of Wind and Solar Scripts Milestone in Energy Transition: IRENA Report

The International Renewable Energy Agency (IRENA) said the striking prices of renewables relative to fossil fuel power generation could help governments embrace green economic recoveries from the shock of the coronavirus pandemic

Business | 02/06/2020 | By Moulin

Major Concerns of the RE Sector Revolve Around Global Supply Chain Issues Amid COVID-19

Somik Das, Senior Power Analyst at GlobalData, comments: “The outbreak of the COVID-19 pandemic has resulted in the components and equipment manufacturers pausing production at their production sites for several months resulting in global material supply constraints"

Business | 02/06/2020 | By Moulin

IRCON, NIIFL and AYANA Sign a MoU for the Solar Energy Sector

The partnership will further consider suitable opportunities for solar energy production for Indian Railways as they intend to increase the share of renewables in their overall energy mix. This collaboration will enable execution of renewable energy projects at scale by utilizing the complementary strengths of all partners

Business | 02/06/2020 | By Moulin

Tata Power to Manage Power Distribution in Central Odisha

As per the order issued by the Odisha Electricity Regulatory Commission (OERC) on 28th May 2020, Tata Power will hold 51 percent equity with management control and the State-owned GRIDCO will have the remaining 49 percent equity stake in the company

Business | 02/06/2020 | By Moulin

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