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India setting pace for clean energy race

When it comes to renewable energy, India’s target is to build 275 gigawatts of renewable energy by 2027. To put this in context, India’s current installed capacity for the whole energy sector is 344GW. It’s hard to overestimate the ambition of this undertaking for a nation of more than 1.3 billion people. It would, after all, see renewables more than double market share to 44% of total capacity.. Partly, of ...

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Enel Wins 285MW in Indian Wind Tender

• Enel, through its subsidiary BLP Energy, has been awarded the right to sign a 25-year energy supply contract for a wind energy project under National Competitive Bidding; • Enel will be investing over 290 million US dollars in the construction of this project located in the State of Gujarat. Enel, through its Indian renewable subsidiary BLP Energy Private Limited (“BLP Energy”), has won its first ever ren ...

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Plan for Pakistan Renewable Energy Institute

Islamabad - Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has said that the Power Division was planning to establish “renewable energy institute” to conduct research, study the existing potential and propose policy matters to the government in the field of alternative energy . The minister expressed these view at a meeting with a delegation of World Bank headed by WB Vice-President for ...

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India-EU Renewable Commitment

Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country. The aforementioned financing programme was announced by Donal Cannon, Head of the European In ...

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Will ReNew Power Buy Ostro Energy?

ReNew Power Ventures Pvt. Ltd is close to acquiring Ostro Energy Pvt. Ltd, the company that holds the renewable energy assets of buyout firm Actis Capital, for an enterprise value of Rs10,000 crore, according to two people directly aware of the development. The final valuation has been agreed by both sides, the people said, requesting anonymity. “The equity portion of the transaction is close to Rs2,000 cro ...

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Vestas partners with CWP & IC Energy on Wind/Solar Hybrid Plant

Vestas and partners CWP Energy Asia and InterContinental Energy have announced plans to build a 6,000-megawatt wind and solar hybrid power plant in East Pilbara region, Western Australia. The project, known as Asian Renewable Energy Hub (AREH), will feature 4,000 MW of wind and 2,000 MW of solar generation. It also includes two subsea power cables from Australia to Jakarta, Indonesia and Singapore. The proj ...

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Vestas Backing Asian Super Hub

Vestas is part of team planning to develop an up to 6GW wind and solar hybrid plant in Australia that would export electricity to Indonesia via an undersea cable. The Asian Renewable Energy Hub (AREH), which is proposed for Western Australia’s East Pilbara region, is being developed by the Danish company, CWP Energy Asia and InterContinental Energy. The partners said onshore and offshore development studies ...

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Vestas Expands APAC Leadership Team

Company Expands Leadership Team and Aligns Organization for Increased Growth Vestas Australia, the only global energy company dedicated exclusively to wind energy – today announced the appointment of Peter Cowling as Country Head /VP, Sales Australia and New Zealand. Vestas’ ANZ footprint reflects the company’s track record, ambition and growth. Vestas in Australia already has a 2,931 MW installed base and ...

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Nexif Energy Moves forward with Lincoln Gap Wind Farm

Nexif Energy, an independent power producer in Australia and Southeast Asia, has announced that it has reached financial close for the first stage of the Lincoln Gap Wind Farm in Australia. “As a new, independent participant to the Australian market, we are excited to implement an innovative contracting strategy that will not only provide renewable power to thousands of Australian homes but also optimise th ...

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Enercons New Taiwan Office

An initial team of 10 people is due to grow to 30 in the coming years, adding to the 70 technicians already working in the service stations in the Asia-Pacific region, the company said. Since 2001, Enercon has installed more than 217 turbines totalling over 440MW in Taiwan, and has a market share of nearly 70%, it added. Enercon will manage all its Asian activities from the Taipei branch to "ensure a higher ...

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