Through the effective implementation of existing policies India’s wind energy capacity could double over the next five years, latest estimates of the Global Wind Energy Council (GWEC) show. The recent re-introduction of a crucial tax incentive for wind energy project developers in addition to a generation-based financial incentive will help India push its installed wind … Continue reading India’s Wind Power Capacity To Double In Five Years: Global Wind Energy Council
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SunEdison Wins 150 Megawatts Of Solar Photovoltaic Projects In Karnataka India
SunEdison, Inc. (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today announced that it has won 5 solar photovoltaic (PV) projects totaling 150 megawatts (MW) from Karnataka Renewable Energy Development Limited (KREDL) as announced by the Government of Karnataka. SunEdison or SunEdison affiliates, including Yieldcos, are envisioned as the … Continue reading SunEdison Wins 150 Megawatts Of Solar Photovoltaic Projects In Karnataka India
Continue readingGamesa continues to grow in India’s wind power
So far in 2014, Gamesa has signed wind power orders for the supply of close to 500 MW in India, a market in which it is one of the leading OEMs. Gamesa, a global technology leader in wind energy, has reinforced its presence in the India by securing new contracts for the supply of 172 … Continue reading Gamesa continues to grow in India’s wind power
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SunEdison and Rajasthan Government Sign MoU for 5 Gigawatts (GW) of Solar Photovoltaic
SunEdison, Inc., (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today signed a Memorandum of Understanding (MOU) with the Rajasthan Government aimed at developing Rajasthan as the global hub for solar energy. SunEdison intends to establish 5 GWs of capacity in the form of multiple Mega Solar Projects, with … Continue reading SunEdison and Rajasthan Government Sign MoU for 5 Gigawatts (GW) of Solar Photovoltaic
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Gamesa to invest €100 million in India wind power
Gamesa, one of the leading wind energy companies is looking to invest millions in the wind energy sector and eventually expand operations into solar energy as well. Gamesa’s Executive Chairman recently told Indian journalists that the company will invest €100 million in India over the next five years, making it one of the leading export … Continue reading Gamesa to invest €100 million in India wind power
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Promotion of wind energy in India
The restoration of benefits such as accelerated depreciation (AD) and generation-based incentive (GBI) is expected to invigorate the domestic wind power sector. Crisil Research estimates that 10,000 MW of capacity will be added during 2015-18, entailing investments of Rs.65,000 crore compared with 7,000 MW over the previous three years. GBI and AD (which expired in … Continue reading Promotion of wind energy in India
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Gamesa topped the list of wind turbines sellers in India
India contributes about a third of Gamesa’s global revenues. Last year, Gamesa India, the local arm of the Spanish multinational, topped the list of wind turbines sellers in the country. In an interview with journalists who visited him at the headquarters in Bilbao, Spain, Executive Chairman Ignacio Martin, assisted by Gamesa’s Business CEO, Xavier Exteberria, … Continue reading Gamesa topped the list of wind turbines sellers in India
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Suzlon announces 300 MW offshore wind power project in India
Indian wind energy companies are looking to invest in offshore wind farm projects as the government plans to significantly increase the annual capacity added in the wind energy sector as a whole. Indian wind energy giant Suzlon Energy has announced plans to set up a 300 MW offshore wind energy pilot project in the state of … Continue reading Suzlon announces 300 MW offshore wind power project in India
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India Boosts Solar Energy Targets With 1-Gigawatt Auction Plan
India announced draft rules to auction 1,000 megawatts of solar power capacity in Andhra Pradesh as Prime Minister Narendra Modi accelerates clean-energy deployment. Companies will be invited shortly to bid for contracts to build plants at a solar energy plant in the southern state, according to the rules issued today by the Ministry of New … Continue reading India Boosts Solar Energy Targets With 1-Gigawatt Auction Plan
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Suzlon to build 2,000 MW wind power projects over next 5 years in Madhya Pradesh
Wind power gear maker Suzlon plans to execute 2,000 MW wind energy projects over next five years in Madhya Pradesh as it looks at setting up manufacturing base in the state. “Suzlon Group intends to build 2,000 MW of new wind energy projects in Madhya Pradesh over the next five years and establish supporting manufacturing … Continue reading Suzlon to build 2,000 MW wind power projects over next 5 years in Madhya Pradesh
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India plans first offshore wind farm
The Indian government has signed a memorandum of understanding with a group of companies to build the country’s first ever offshore wind power project as part of New Delhi’s pledge to increase renewable energy sources. The 100 megawatt wind farm plant will lie off the coast of the western state of Gujarat and be partly … Continue reading India plans first offshore wind farm
Continue readingWind farm developer Gamesa Wind Turbines has signed a 90 MW wind energy project order with Hero Future Energies
Wind turbine manufacturer and wind farm developer Gamesa Wind Turbines has signed a 90 MW wind power project order with Hero Future Energies, a new venture of The Hero Group. Under this contract, Gamesa will supply 25 units of 2 MW turbines at Kavital, Karnataka, and 20 units of 2 MW turbines at Gunga, Rajasthan. … Continue reading Wind farm developer Gamesa Wind Turbines has signed a 90 MW wind energy project order with Hero Future Energies
Continue readingGamesa India signs wind energy pact with Hero Future Energies
Wind turbine manufacturer and wind farm developer Gamesa Wind Turbines has signed a 90 megawatt (MW) wind power project order with Hero Future Energies – a new venture of The Hero Group. Under this contract, Gamesa will supply 25 units of 2 MW turbines at Kavital, Karnataka, and 20 units of 2 MW turbines at … Continue reading Gamesa India signs wind energy pact with Hero Future Energies
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Tamil Nadu should set up a state-level wind power forecasting mechanism
Tamil Nadu should set up a state-level wind energy forecasting mechanism and wind energy integration facility to avoid ‘evacuation loss’ of power produced in wind mills, a top official of Indian Wind Power Association said today. The evacuation loss has been a major hurdle in meeting the gap between power requirement and availability. This loss … Continue reading Tamil Nadu should set up a state-level wind power forecasting mechanism
Continue readingIndia’s Push for Renewable Energy
Growing economies like China and India, which are set to contribute more than half of the global increase in carbon emissions in the next 25 years, will play a critical role in any effort to address climate change. Shortly after Modi took office in May, one of his party officials made a sweeping promise: India … Continue reading India’s Push for Renewable Energy
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Major Asian Markets Set To Lead Solar Power Photovoltaic Growth
With legacy European markets continuing to decline, global solar PV demand is now being driven by Asian markets. Three of the Major Asia-Pacific countries are set to see annual demand double in 2014. The outliers in this trend are the UK and Australia. The UK has seen significant growth over the past two years as … Continue reading Major Asian Markets Set To Lead Solar Power Photovoltaic Growth
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Photovoltaic Solar energy demand to be driven by India, China, Japan
The total solar photovoltaic (PV) demand from the five leading Asia Pacific (APAC) markets—China, Japan, India, Australia and Thailand—is forecast to reach 17.2 GW during 2H’14, almost 60% of global solar PV demand, according to findings in the latest NPD Solarbuzz Asia Pacific Major PV Markets Quarterly report. While solar power has been growing across the … Continue reading Photovoltaic Solar energy demand to be driven by India, China, Japan
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Top Wind Power Markets 2014: China, Germany, Brazil, India, and USA
The worldwide wind energy capacity reached 336,327 MW by the end of June 2014, out of which 17,613 MW were added in the fi rst six months of 2014. This increase is a substantially higher than in the first half of 2013 and 2012, when 13,9 GW respectively 16,4 GW were added. All wind turbines installed … Continue reading Top Wind Power Markets 2014: China, Germany, Brazil, India, and USA
Continue readingIndia to Lift Solar Power Target Fivefold to 15 Gigawatts
India is preparing to lift its solar energy target to 15 gigawatts by 2019, more than five times current capacity, as Prime Minister Narendra Modi seeks to accelerate clean-energy deployment. The government may scrap plans to auction 1,500 megawatts of solar power projects by April in favor of a more ambitious program to install 5,000 … Continue reading India to Lift Solar Power Target Fivefold to 15 Gigawatts
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India to introduce offshore wind energy policy targeting 1 gigawatt
India is set to introduce an offshore wind energy policy targeting 1 gigawatt by 2020, seeking to mimic Europe’s success in generating power at sea. The ministry of new and renewable energy will seek cabinet approval for the policy shortly, according to joint secretary Alok Srivastava. “Development of the technology has made offshore wind farm … Continue reading India to introduce offshore wind energy policy targeting 1 gigawatt
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