Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments ReNew Power Secures $1 Billion Loan ReNew Power Global has secured a $1 billion … [continued]
Two public sector giants in India’s energy sector have come together to set up offshore wind energy projects. According to media reports, power generation company NTPC Limited and oil and gas exploration company ONGC Limited have announced a partnership to set up offshore wind energy projects. The two companies signed … [continued]
After several delays, it seems the first offshore wind energy tender in India will soon see the day of light.
The Solar Energy Corporation of India (SECI) plans to hold the first ever offshore wind energy auction in the country for a 1 gigawatt project in the western state of Gujarat.
The Expression of Interest issued by the Indian Ministry of New & Renewable Energy to set up the country’s first offshore wind energy project has attracted a who’s who of the international offshore wind energy market.
In a major boost to the Indian wind energy sector, the Indian government recently announced medium to long-term capacity targets for offshore wind energy projects.
Nearly eight years after we first covered news about India taking initial steps to set up offshore wind energy projects, the first government document seen as a precursor to a final auction has been released.
After delay of several years, India may eventually auction and allocate its first-ever offshore wind energy projects next year.
Just over a year after it was sold to an equity investment firm, Senvion is set to enter the wind energy market in India. Europe-based Senvion has announced plans to start operations in India soon. According to a statement released by the company, it will offer “high-quality wind energy solutions … [continued]
Favourable regulatory environment and eased lending is expected to deliver better than expected capacity addition in India’s wind energy sector. Indian rating agency ICRA expects that 2.8 GW of wind energy capacity will be added in the current financial year, between April 2015 and March 2016. This will be 20% … [continued]
