Tags: COVID 19

Renewable capacity additions expected to rebound in 2021: IEA

After a dip this year, new renewable capacity additions are expected to rebound in 2021, but policy certainty is critical to ensure investor confidence The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the Covid-19 crisis, marking the first […]

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Renewable energy sector to bounce back quickly despite COVID 19 impact: EY

Despite the global slowdown caused by COVID-19, the renewable energy sector is expected to bounce back quickly as the long-term drivers for investment remain strong, according to the 55th EY Renewable Energy Country Attractiveness Index (RECAI). The latest index considers the potential impact of the pandemic, looking at the resiliency of countries in both health and economic terms. […]

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Solar Industry in a Post Pandemic World

COVID-19 is acceleratingly affecting nations across the globe, and bringing daily life and economies to a standstill. The biggest concern of the novel coronavirus outbreak is the uncertainty it holds. Solar, like most other industries is facing its own share of challenges today, and is struggling to meet its target of 100 gigawatt (GW) installed […]

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PM’s special package focusing on #MakeInIndia is a good step: Greaves Cotton

PM Narendra Modi on Tuesday announced a special economic package worth Rs 20 lakh crore to help the nation fight the Covid-19 pandemic. Greaves Cotton has welcomes the move. Nagesh Basavanhalli, MD & CEO, Greaves Cotton Limited said “Prime Minister’s special package of Rs. 20 lakh crore focusing on #MakeInIndia and local manufacturing is a […]

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Selco launches solar powered solution to help frontline healthcare workers

Selco Solar Light Pvt Ltd has reportedly launched a solar-powered solution to help the frontline healthcare workers in rural areas. A solar panel has been installed on top of mobile swab collection van for the benefit of healthcare workers from Kundapur taluk of Udupi district. 75 watt solar panel installed on top of the van […]

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PM KUSUM EoI submission deadline extended, here is what you should know

As the lockdown continue across the country because of COVID 19 breakout , the Ministry of New and Renewable Energy (MNRE) has decided to extend the date for submission of EoIs for evaluation of Component A and C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme. The new deadline set by […]

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Siemens Gamesa joins EU Green Recovery Alliance to promote a sustainable economic path

Siemens Gamesa has joined an expanded group of 270 executives from Europe’s top companies and banks, EU politicians, and industry bodies to have signed up to the EU’s Green Recovery Alliance that aims to drive a sustainable recovery path in the wake of the coronavirus crisis. The Alliance was established by MEP Pascal Canfin, who […]

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Siemens Gamesa Q2 performance impacted by the pandemic

Siemens Gamesa’s performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial activity, with a direct impact of €56mn on the company’s profitability. This complicated situation further intensified the challenges in the onshore business, mainly in the Indian market and the execution of […]

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ESCAP, IRENA to work together to Support Asia-Pacific’s Crisis Response

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the International Renewable Energy Agency (IRENA) will work together to improve access to sustainable energy, bolstering the Asia-Pacific region’s response to the COVID-19 pandemic. The two organisations will offer recommendations to governments in the region positioning the energy transition as an […]

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