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]
Upbeat on the improved regulatory and financial environment, investors are expected to pour over $15 billion into India’s wind energy sector by 2020, a report by ratings and research firm CRISIL has stated. CRISIL expects that India will add 4 GW wind energy capacity every year over the next 5 years, translating … [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]
Market statistics released Tuesday by the Global Wind Energy Council (GWEC) show that over 41,000 megawatts (or 41 gigawatts) of new wind power was installed globally in 2011, bringing the overall total of installed capacity around the world to more than 238,000 megawatts (238 gigawatts) by the end of 2011.
This represents an increase of 21 percent with an increase in the size of the annual global market of just over six percent.
