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Goldman-Backed ReNew Power to Invest USD 9 Billion in India’s Green Push

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ReNew Power Pvt., one of India’s biggest renewable power producers, plans to invest USD 9 billion in the wind and solar projects through 2025 amid a government-backed effort to reduce emissions. April 7, 2021 ReNew Power, backed by investors such as Goldman Sachs Group Inc. and Canada Pension Plan Investment......
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Vineyard Wind Announces US-Based Southwire as Key Supplier

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Southwire’s facility in Huntersville, N.C. will manufacture the high voltage cable for the onshore portion of Vineyard Wind 1. The cable will be part of the grid system that will be ready to provide power to 400,000 households from the 62 GE turbines. April 14, 2021 Vineyard Wind, a joint......
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Masdar Upscales Wind Farm in Uzbekistan to 1.5GW

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The project will support Uzbekistan in achieving its objectives of adding up to 3GW of wind energy and meeting 25% of its electricity needs from renewable energy sources by the end of the decade. April 12, 2021 Masdar has signed an agreement with the Government of Uzbekistan to extend the......
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Sun Cable’s 14 GW Project Moves Ahead with Solar Mfg Plant in Darwin

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The project would supply power to the Darwin region and to Singapore via a 4,500 km high-voltage direct-current transmission network, including a 750-kilometre overhead transmission line and a 3,800 km submarine cable from Darwin to Singapore, via Indonesia. April 12, 2021 Sun Cable, the Singapore-based consortium handling the world’s largest......
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GE Wins Order to Upgrade Power Grid Infrastructure in Nepal

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In 2016, the Government of Nepal had set out plans to install an additional 10,000MW of generation capacity over 10 years and export the excess electricity to neighbouring countries. Now, the recent project aims to enhance Nepal’s power transmission capacity by adding approximately 1,000 Megawatts (MW) of renewable energy onto......
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Sembcorp Marine partners with GE Renewable Energy’s Grid Solutions

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The Singapore-based company is a leading global marine and offshore engineering group is strengthening its position in the renewable energy-segment. March 31, 2021 Sembcorp Marine Ltd and GE Renewable Energy’s Grid Solutions have secured a contract from RWE Renewables, to supply the high voltage direct current (HVDC) electrical transmission system......
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RWE marks Financial Investment Decision for Sofia Offshore Wind Farm

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With this move, the leading company in offshore wind power and Europe’s third-largest in renewable energy is seeking to play a significant part in helping to reach the UK’s ambition to grow offshore wind capacity to 40 gigawatts by 2030. March 30, 2021 RWE has taken the Financial Investment Decision......
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NKT Completes the Power Cable Project for Triton Knoll Offshore Windfarm

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NKT continues to support the green transformation in the UK with the conclusion of the delivery of the export cables and array cables for the 857 MW Triton Knoll offshore wind farm. March 02, 2021 NKT has finalized the manufacturing and delivery of both the export cable system and array......
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Torrent Power, the highest bidder for Dadra Nagar Haveli, Daman & Diu discoms

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With the acquisition of a 51% stake, Torrent Power is also looking to participate in new opportunities coming up in the sector in renewable generation, transmission, and privatization. February 22, 2021 Ahmedabad-based Torrent Power Limited has emerged as the highest bidder for the sale of 51 percent stake in the......
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India Looking at USD 500 Billion Investment in Renewable Energy by 2030

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This huge investment in renewable energy generation is anticipated to bring in newer opportunities and drive the demand for wires and cables. February 16, 2021 According to the report by the Institute for Energy Economics and Financial Analysis (IEEFA) — India is set to see investments to the tune of......
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