Wind power businesses around the world have faced margin pressure as governments phase out subsidies and move towards more competitive contract tenders COPENHAGEN: The chairman of Vestas , one of the world’s biggest wind turbine makers, said he expects some countries to reinstate subsidies for wind power projects as governments are under pressure to build […]
Consumers Energy to Seek 5GW of Solar by 2030 Under Clean Energy Plan
Michigan utility agrees to a 50-50 split between utility and third-party RFPs to meet solar goals in a broader plan to eliminate coal use by 2040. Michigan utility Consumers Energy has filed a clean energy plan with state regulators that includes a promise to add 5 gigawatts of solar through competitive bidding by 2030, as […]
GE T&D wins Rs 150 cr order in Rajasthan
GE T&D India on Wednesday said it has bagged an order worth USD 21 million (Rs 150 crore) from Rajasthan Rajya Vidyut Prasaran Nigam Ltd (RRVPL) to modernise transmission grid network in Rajasthan. The grid modernisation project by RRVPL is part of a roadmap to implement grid initiatives and augment renewable energy in the state, […]
Gujarat likely to provide land to central wind projects
The authorities in Gujarat felt preference should be given to projects auctioned by the state since the power too would be consumed by the state. BENGALURU: Wind power producers may soon get a breather from the stand-off over land allotment in Gujarat with the state finally planning to help centrally auctioned projects. The state’s revenue […]
Thailand in need of ‘Energy 4.0’
The transformative potential enabled by the intersection of clean energy technologies and the interconnected digital economy offers an ideal platform for powering “Thailand 4.0.” Adopted by the Thai government in 2016, “Thailand 4.0” is a model for growth that aims to transition Thailand into a high-income country through an economy centered around knowledge, innovation, and […]
Australian state looks to beef up grid for solar, wind power
New South Wales alone has A$27 billion worth of solar and wind projects with 20 gigawatts of capacity on the drawing board MELBOURNE: Australia’s most populous state of New South Wales outlined plans on Monday to speed development of A$2.6 billion ($1.9 billion) worth of transmission capacity to hook up more wind and solar power. […]
Comment | Hybrid wind-solar policy – high on wattage low on energy
The hybrid policy will definitely tackle a key pain point for the sector the main bottleneck remains. The much-awaited wind-solar hybrid policy has been announced by the government. The industry had been asking for a hybrid policy that would help earn a better return on their capital, and its prayers have finally been answered. To […]