The Indian government has released a fresh estimate of the wind energy potential in the country. The National Institute of Wind Energy, formerly the Centre of Wind Energy Technology, recently announced that the total onshore wind energy potential in the country is 302 GW (determined at a hub height of … [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]
Gamesa installed the highest wind energy capacity in India for the second consecutive year in 2014, a report by Danish firm Make Consulting states. Gamesa commissioned a fourth of the 2.3 GW wind energy capacity commissioned in India last year, with Suzlon Energy and Wind World India taking second and third … [continued]
Of late, India has been cutting subsidies while at the same time increasing taxes on fossil fuels so as to transform itself from a carbon subsidy regime to one of carbon taxation. On Saturday, the country moved forward to double the “clean energy cess” it levies on coal used in the country. While … [continued]
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]
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 reintroduction of financial incentives for the Indian wind energy sector has led to a significant increase in the orders for wind turbines. India’s leading wind turbine manufacturers, Suzlon Energy, has secured an order worth $200 million for supply of 150 MW wind energy equipment. The company, which has evolved … [continued]
India’s changing renewable energy scenario is attracting investment from some leading companies across the world. Gamesa, one of the leading wind energy companies is also 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 … [continued]
Continuum’s 170 MW wind energy project in Madhya Pradesh, India, has received funding from the International Finance Corporation and Yes Bank.
India’s new government has big plans for wind energy, including new financial incentives, that it hopes will create 10,000 MW of capacity per year.
