As the renewable energy sector in India looks set to take off with regulatory and financial support from the government, Gamesa is strengthening its position as a major wind energy player. The company recently announced that it will deliver wind turbines with total generation capacity of 46 MW to various … [continued]
The Indian government is looking to set a target of 100 GW under its national wind energy mission. While the mission is being mulled for almost a year it could be launched within months, if not weeks. During the first meeting of the Council on Climate Change, the impending national … [continued]
India’s largest wind energy solutions provider, Suzlon Energy, is planning to sell its German subsidiary Senvion for €1 billion. Suzlon had acquired Senvion (originally REpower) in 2007 at €1.35 billion with a plan to expand into the European wind energy sector. The deal was rumoured for the last few weeks … [continued]
Welspun Energy, a leading renewable energy developer in India, has announced fresh investment plans as it plans to expand its solar and wind energy generation capacity. Welspun Energy has signed agreements with the state government of Gujarat to install 1.1 GW of renewable energy capacity. The agreement includes 500 MW … [continued]
SunEdison is leading all renewable energy companies, Indian or foreign, in an effort to tap the Indian renewable energy market that is set for an unprecedented revolution. The company has signed yet another landmark deal with a state in India to set up large-scale renewable energy projects. SunEdison will set … [continued]
Gujarat – the home state of the current prime minister – has become the central location for major Indian solar power projects, including a new one.
Yet another emerging wind energy developer in India has secured investment from international investors as the country looks set for a wind energy revolution. Mytrah Energy recently announced that it had secured funding worth $70 million (₹430 crore) from Merrill Lynch and Apollo Global Management. The company has issued bonds … [continued]
Private sector power companies in India seem to have realised the business case behind the fuel cost advantage of renewable energy projects over conventional power projects and are now looking to expand their renewable energy portfolios. The second-largest private sector power generating company in India, Tata Power, is planning to expand … [continued]
India’s largest wind energy solutions company, Suzlon Energy, is looking to rapidly expand its product portfolio as it gets ready to exploit the big-ticket reforms that the government is expected to implement in the wind energy sector soon. The company recently unveiled the tallest wind turbine of its kind in … [continued]
The new Indian government is taking serious initiatives to boost the power sector, which is in dire need of financial and structural reforms. A large number of these reforms will be implemented in the renewable energy sector. India’s minister for coal, power, and renewable energy last week announced that his … [continued]
