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Navigating the Unknown: Leadership in an Era of Uncertainty

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 Leading through the mists of uncertainty can feel formidable; yet, it unveils a chance to display resilience, adaptability, and visionary leadership. Here are a tapestry of strategies to amplify your prowess in traversing unpredictable realms: Embrace Flexibility and Adaptability Stay Agile: Nurture a malleable work atmosphere that empowers teams to swiftly shift and respond to emerging insights and changing tides. Iterative Planning: Break down long-term visions into smaller, manageable milestones that can be recalibrated as needed, allowing for continual reassessment and evolution. Communicate Transparently Honest Updates: Keep your team apprised of the current landscape, even when the news is less than favorable. Transparency begets trust and ensures collective alignment. Open Dialogue: Foster a space where team members feel emboldened to express their concerns and ideas, enriching insights and uplifting morale. Focus on What You Can Control Identify Priorities: Direct your ene...

Siemens Unveils New Offshore Wind Power Technology

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Siemens ( NYSE: SI ) has launched a new direct-current technology that simplifies the connection of offshore wind power plants to the grid.   In contrast to the large central converter platforms conventionally used in the industry, Siemen’s innovation utilizes a much smaller platform to house its transmission technology, as reported on the Power Technology website. It can sequentially connect multiple smaller platforms in a wind farm, routing them to an onshore transformer substation.   The compact design of the new solution makes possible the use of encapsulated high-voltage electrical equipment like diode rectifier units (DRU), instead of the more common air-insulated transistor modules. These DRU have a transmission capacity o...

Solar and Wind Just Passed Another Big Turning Point

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It has neve It has never made less sense to build fossil fuel power plants. r made less sense to build fossil fuel power plants. Wind power is now the cheapest electricity to produce in both Germany and the U.K., even without government subsidies, according to a new analysis by Bloomberg New Energy Finance (BNEF). It's the first time that threshold has been crossed by a G7 economy. But that's less interesting than what just happened in the U.S.  To appreciate what's going on there, you need to understand the  capacity factor . That's the percentage of a power plant's maximum potential that's actually achieved over time. Consider a solar project. The sun doesn't shine at night and, even during the day, varies in brightness with the weather and the seasons. So a project that can crank out 100 megawatt hours of electricity during the sunniest part of the day might produce just 20 percent of that when averaged out over...

Wind power is now the cheapest electricity to produce in the UK

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The rise of renewable energy has made electricity generated by fossil fuels much more expensive   A wind turbine stands at Whitelee Wind Farm, the biggest in the UK Jeff J Mitchell/Getty Images Electricity produced by wind power is now the cheapest in the UK, according to analysis from energy experts. According to a new study by Bloomberg New Energy Finance (BNEF), wind power is now the cheapest electricity in both the UK and Germany, a first for any G7 economy. According to Bloomberg, this is because the rise of renewables, as well as technolgical advances in efficiency and power storage, is making fossil fuel-generated energy more expensive. This creates a cycle that pushes up the cost of coal and gas power, leading to more renewable energy being generated.   Wind turbines line the hillside in Stirling, Scotland As they explain, the cost of electricity generated by wind, solar, or any other renewable power source, is esse...

Suzlon bags 100.8 MW repeat order from Orange Renewable

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Wind turbine manufacturer Suzlon group today said it has won a repeat turnkey order for 100.8 mega watt (MW) from Orange Renewable which will be installed at a wind park in Andhra Pradesh. Wind turbine manufacturer Suzlon group today said it has won a repeat turnkey order for 100.8 mega watt (MW) from Orange Renewable which will be installed at a wind park in Andhra Pradesh. (AP) Wind turbine manufacturer Suzlon group today said it has won a repeat turnkey order for 100.8 mega watt (MW) from Orange Renewable which will be installed at a wind park in Andhra Pradesh. “Suzlon Group has won a repeat turnkey order for 100.8 MW from Orange Renewable, an independent power producer (IPP), to be installed in a wind park in Beluguppa, Andhra Pradesh. The project will be commissioned starting financial year 2016-17,” the company said in a BSE filing. The company further said it will offer operation and maintenance services for an initial period of 12 years through an integrated p...