Wind woes increase in India, world's cheapest market, as delays pile up threatening nation’s renewable-energy ambitions
Developers are having difficulty finding affordable land, getting financing and connecting to grids.
Modi government taking several steps to incentivise renewable energy sector: R. K. Singh
The government is facilitating developers by allowin...
India needs tariff reforms to boost consumption of renewables: WWF
According to the report, C&I consumers' power demand is met principally by...
Modi government plans big on wind power; projects of 12,162.50 MW capacity awarded so far
To facilitate the growth of wind power production in the country, several fiscal and financial incentives such as Accelerated Depreciation and exemption of concessional customs duty for procuring certain components of wind electric generators are being provided by the government to private sector investors.
Bankers look to resolve account of troubled wind turbine maker Suzlon Energy to stop contagion effect
Sources privy to the development told IANS that lenders may seek a month's extension for complete resolution of Suzlon beyond the stipulated 180 days allowed under the latest Reserve Bank of India circular.
Rajasthan, Tamil Nadu, Karnataka to declare 'no new coal' policy; future demands to be met by renewable & flexible based energy
Karnataka, Rajasthan, Tamil Nadu are states with the highest renewable energy potential in the country. Their installed renewable energy capacities are either higher than coal power or are on a path to overtake it.
Wind turbine maker Suzlon Energy plans debt rejig after stake sale fails
Suzlon defaulted on loan repayments earlier this year and its loans were categorised as NPAs.
Inox Wind gets SECI extension to commission 550 MW wind projects
The time extension has been granted by Solar Energy Corporation of India Limited (SECI) due to delay in operationalisation of long-term access by the central transmission utility, Inox Wind said in a regulatory filing to BSE. Inox Wind is a player in the wind energy market with three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh.
Wind projects stall as NTPC fails to get tariff nod
Entities like NTPC, which conduct the auctions, are subsequently required to get sanctions from the states where the projects would be set up. In previous years, this was widely regarded as a formality with sanctions being automatically given. This time, however, NTPC was not able to secure tariff approval from state power regulatory commissions.
MNRE misses capacity addition targets; 175 GW by 2022 in peril: Parliamentary Panel
The Parliamentary Standing Committee on Energy has also asked the ministry to take up the issue of ambiguity and disputes related to GST on renewable energy devices with the finance ministry at the earliest. This is the panel's first report, which was tabled in Parliament on Friday.
Wind power producers sever ties with bankrupt Senvion
India is said to be scaling down contracts with Hamburg-based turbine manufacturer Senvion after its solvency filed in German court of law. Alfanar Energy, which had signed a contract with Senvion for a 300 MW project in India, terminated the order and awarded it to Siemens Gamesa Renewable Energy.
Switching to renewable energy could cut power generation health impact by 80%
Emissions from power generation account for around 40 percent of all energy-related carbon pollution, and demand for energy is predicted to rise globally for years to come.
Andhra Pradesh government makes key changes to its policies on solar, wind and hybrid power
In an order, the Jagan Mohan Reddy government said it has observed statutory audit has reported an abnormal spurt in power purchase cost and deteriorated financial position of the Discoms.
Tata Power seeks global investors to sell stake in renewable energy portfolio
Tata Power currently has a debt of Rs 44,000 crore ($6.1 billion) and a debt to equity ratio - a financial metric which shows how much of a company's operations are funded by debt - of 2.2.
More space needed at sea, European wind energy industry says
Fighting climate change is a top priority for the European Commission's new head Ursula von der Leyen, who has set out a "European Green Deal" intended to achieve "climate neutrality" - adding no greenhouse gases to the atmosphere beyond what can be absorbed - by 2050.
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