As India moves towards competitive auctions and away from incentives, companies that do not engage in renewable energy generation as their core business are now looking to offload these assets.
The Indian government will push to achieve renewable energy installation targets two years in advance, as it looks to enact more aggressive policies to promote development of renewable energy infrastructure. India has set a target to have 100 GW solar power, 60 GW wind energy, 10 GW small hydro power, … [continued]
Bullish on the changed economic and regulatory environment, the Indian Wind Turbine Manufacturers Association expects a 52% jump in capacity addition this year. The association expects that 3.5 GW worth of wind energy capacity will be added in the 12 months between April 2015 and March 2016. If the capacity addition … [continued]
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 … [continued]
India’s ongoing National Solar Mission has reaped very encouraging results. The country saw about 2,500 MW capacity being added in just four to five years with hundreds of megawatts set to be commissioned over the next few months. Now, the government is set to launch a similar national mission for … [continued]
Spanish wind energy technology provider Gamesa has landed yet another order from an Indian power project developer as it continues to boost its revenue from India. Independent power producer Greenko has placed an order of 100 MW with Gamesa. This order is in addition to the 250 MW order Greenko … [continued]
