WIND SECTOR

Govt invokes special powers that allow renewable companies to sell projects won in auctions along with transmission access

The Union Power Ministry has invoked special dispensation available under section 107 of the Electricity Act to allow transfer of attached transmission connectivity to the buying firm, sources said.

Inox Wind Q3 results: Net loss widens to 52 crore

The total income rose to Rs 209.44 crore in the quarter ended December 2020 from Rs 179.76 crore a year ago, the company said in a BSE filing.

Moody's upgrades power sector outlook to stable on generation uptick

For the first 10 months of the fiscal 2021, power generation growth declined 2.9 per cent year-on, compared to earlier expectations of a minimum 4-5 per cent decline. But renewable energy generation (excluding hydro power) grew 4.3 per cent during the same period and wind the weakest down 12 per cent.

$43 billion deal for 'world's biggest' offshore wind farm in South Korea

South Korea has few energy resources of its own and relies on imported coal -- a cheap but dirty fuel -- for around 40 percent of its electricity.

2021: India to bank on innovative ways to garner Rs 1.75 lakh cr investment for renewable energy sector

"There is a fund requirement of Rs 1.75 lakh crore to achieve the balance capacity of 35 GW (under bidding/ to be bid out/ auctioned) to achieve an overall target of 175 GW," Director General of Solar Power Developers Association Shekhar Dutt told.

Visibility on returns, R&D must for green push

The Economic Times brought together top CEOs and a top policy maker to discuss whether India can become a manufacturing hub in renewable energy. Panelists felt India can achieve its goal if manufacturers have clear visibility on returns on investment and make enough money to invest in R&D.

New trends propel green energy

Offshore wind energy, hydrogen as well as battery technologies are rapidly emerging in this fast-changing industry. All that is needed is nimble-footed response from the policymakers as well as the corporate sector.

Siemens Gamesa fired India exec over lack of due diligence in consultancy dealings

"Significant sums of money were paid to UAP without any diligence whatsoever and without even ascertaining proof of performance," Siemens Gamesa said in the filing, describing UAP as having strong links with "politically exposed" persons.

Despite good monsoon, sharp fall in speeds knocks the wind out of green energy companies

The unprecedented fall in wind speeds has baffled many because a good monsoon season, like this year's, usually brings stronger winds and raises generation of clean energy.

Govt plans tenders for storage to smoothen clean energy supply

"This (intermittent power) is one of the major concerns brought up by grid operators, power companies and utilities. With solar, we have already issued the round-the-clock and the peak power tender," he said at RE Invest Friday. RE Invest is the flagship event organised by MNRE that is taking place on November 27 and November 28. The event was inaugurated by Prime Minister Narendra Modi on Thursday.

Power Minister RK Singh decodes India's renewed vigour in renewable energy

Under the Paris climate agreement, India has pledged to reduce the emissions intensity of its GDP by 33-35% from 2005 levels, and achieve about 40% cumulative electric power generation capacity from non-fossil fuels by 2030. It has set the ambitious target for achieving a total installed RE capacity of 175,000 MW by 2022, with 100,000 MW coming from solar and 60,000 MW from wind.

Global wind energy firm Vestas to expand footprint in India

Industry insiders claimed that the company was not taking on new orders because it felt India is not as profitable a market as some others.