Siemens AG sells 24 per cent stake in Indian unit for Rs 8,520 cr to group firm
German conglomerate Siemens Aktiengesellschaft on Tuesday sold shares worth over Rs 8,500 crore in its listed Indian subsidiary Siemens Ltd, amounting to about 24 per …
renewable energy
Siemens Gamesa launches 14 MW offshore Direct Drive wind turbine
Siemens Gamesa’s new SG 14-222 DD offshore Direct Drive wind turbine now sees the light of day as a part of the solution. With an …
India added 1,043 MW of utility scale solar and wind capacity in Jan-March
Clean energy consultancy Bridge To India in its new report said that India added about 715 mega watt (MW) of utility scale solar capacity in …
Mexican govt cites coronavirus in slapping down renewable energy
The Mexican government has cited the coronavirus pandemic as a justification for new rules that will reduce the role of renewable energies like solar and …
The renewable energy transition is coming to Asia: IEEFA
The COVID-19 pandemic has changed the world. It is a truly global threat, ignoring national borders and domestic politics. But this pandemic highlights the need …
Revised tariff policy to be rolled out soon: R K Singh
The revised tariff policy has been cleared by a group of ministers and it is likely to be implemented within a month, Power Minister R …
COVID 19 Effect: US clean energy sector lost 17 per cent of its work force says a report
The US clean energy sector has lost 17 per cent of its work force, or nearly 600,000 jobs, as stay-at-home orders halt production of components …
Energy sector players hailed govt’s move to infuse Rs 90,000 crore liquidity
Energy sector players on Wednesday hailed the government’s move to infuse Rs 90,000 crore liquidity into power distribution companies (discoms), saying the stimulus will breathe …
India moves to 74th position on WEF’s global ‘Energy Transition Index
India has moved up two positions to rank 74th on a global ‘Energy Transition Index’ with improvements on all key parameters of economic growth, energy …
DISCOMs get Rs. 90000 cr lifeline with liquidity Injection
Finance Minister Nirmala Sitharaman on Wednesday announced a special liquidity infusion scheme for the fund starved power distribution sector. FM said the government will provide …