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Wind turbine firms close Spanish factories as coronavirus restrictions tighten

Denmark’s Vestas, the world No.1, has suspended production at its two Spanish plants, a spokesman told Reuters, adding that its service and maintenance business was still working. Vestas has also paused manufacturing and construction in India FRANKFURT: Europe’s largest wind turbine makers on Wednesday said they had shut down more factories in Spain, a major […]

India hydro potential – EQ

Mondragon Assembly to manufacture four machines that will produce 14 million surgical masks per month

Mondragon Assembly and Bexen Medical are combining their knowledge and resources to collaborate in the production of surgical masks at the national level. A week ago, Luis Mari Imaz, CEO of the Mondragon Assembly Group, and Carlos Arsuaga, CEO of Bexen Medical, received a call from María Jesús Lamas Díaz, the director of the Spanish […]

India hydro potential – EQ

PE-VC companies invest $5.9 billion across 164 deals in the Q4FY20

The latest quarter witnessed 14 PE-VC investments worth $100 million or more, down from the 20 such transactions in the same period last year Privatee equity-venture capital (PE-VC) firms invested $5.9 billion across 164 deals in the quarter ended March 2020, 36 per cent lower than the $9.2 billion across 249 transactions during the same […]

Techno Electric partners with IndiGrid for developing greenfield transmission projects – EQ

Covid-19 could stop new Australia wind and solar projects, wipe out global growth

The global Covid-19 pandemic is expected to hit planned wind and solar projects in Australia and other countries particularly hard, and wipe out any anticipated growth in renewables deployment in 2020, according to a new study. The Norway-based Rystad Energy says it had expected global solar additions to grow 15% to 140 gigawatts in 2020, […]

Role of prosumers in renewable energy adoption in India – EQ

Power Demand Coming Back in China After Unprecedented Drop During COVID-19 Lockdown

“Home Isolation” Surge Partly Compensated for Big Industrial Decline The first nation to implement a COVID-19 lockdown, China has experienced an unprecedented power demand drop during the first two months of the year as a result of the stagnation of industrial and commercial activities. Electricity consumption declined 7.8% year on year during January and February, […]

India hydro potential – EQ

NTPC, NHPC, REC & Other Power Ministry PSUs Donate Huge Rs 925 Cr To PM-CARES Covid Fund

On Tuesday, the public sector undertakings of Ministries of Power and MNRE announced that it would contribute a whopping Rs.925 crore to the PM CARES On Tuesday, the public sector undertakings of Ministries of Power and MNRE announced that it would contribute a whopping Rs.925 crore to the PM CARES fund launched by Prime Minister […]

India hydro potential – EQ