WIND ENERGY SECTOR
47.86 GW of renewable energy capacity installed in India over six years: Govt
"A total of 47.86 GW of renewable energy capacity has been installed in the country during the last six years i.e. March 2014 to October 2019," Power and New & Renewable Energy Minister R K Singh said in a written reply to a question in the Lok Sabha.
Denmark plans $30 bn offshore wind island that could power 10 million homes
Denmark is home to wind turbine giant Vestas and the world's larg...
Modi government taking several steps to incentivise renewable energy sector: R. K. Singh
The government is facilitating developers by allowin...
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.
India needs tariff reforms to boost consumption of renewables: WWF
According to the report, C&I consumers' power demand is met principally by grid power (63 per cent) and onsite captive generation (27 per cent, mostly coal fired).
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.
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.
Japan's Soft Bank Group to invest Rs 30,000 crore in renewable energy in Gujarat
The announcement was made at a meeting between chief minister Vijay Rupani and Executive Chairman of SB Energy Manoj Kohli. The investment will be in solar energy, wind energy and other unconventional renewable energy sources.
Rajasthan: Discoms trip on payment to solar firms raises NPA fears
The discoms have not paid the dues for the past one year running into an estimated Rs 250-300 crore. The non-payment has also led to developers stalling ongoing projects, resulting in job losses in the sector.
India will achieve 100 GW solar energy target: Javadekar
"We are going to achieve 100 GW solar energy target in 2022 by adding 67 GW of power," Javadekar said, while pointing out the sharp fall in the prices of solar energy due to enhancement of capacity
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.
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.
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.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service