AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects

Dubai-based renewable energy company AMEA Power will invest $1.1 billion in Egypt to develop wind and solar energy capacities of 500 MW each. The investment will take the company’s cumulative ...
Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy (TPREL) was declared the winner in Tata Power Delhi Distribution’s (TPDDL) auction for 255 MW wind-solar hybrid power projects. The company has quoted a price of ...
Inox Wind, Inox Green Energy Repay ₹4.11 Billion in Debts

Inox Wind, Inox Green Energy Repay ₹4.11 Billion in Debts

Inox Wind and its subsidiary Inox Green Energy Services repaid debts of ₹1.61 billion (~$19.73 million) and ₹2.5 billion (~$30.63 million), respectively, as part of the strategic initiative to deleverage ...
/ / Other, Wind
India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites

A Danish-Indian collaborative study, which aims to support India’s 30 GW offshore wind target by 2030, has identified fifteen zones for the first offshore wind development project. The study was ...
/ / Markets & Policy, Wind
Regulatory Approval Granted for Repowering Wind Projects in Karnataka

Regulatory Approval Granted for Repowering Wind Projects in Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has ruled that all existing wind projects in the state can undergo repowering, which means the project can replace old and outdated turbines with ...
/ / Other, Wind
NTPC invites BoS package bids for 1 GW Wind Projects in Karnataka

NTPC Invites BoS Package Bids for 1 GW Wind Projects in Karnataka

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the balance of system (BoS) package to set up interstate transmission system (ISTS)-connected wind power projects of 1,000 ...
/ / Other, Wind
Daily News Wrap-Up: Google Signs 5 TWh PPA with Engie for Offshore Wind Farm

MNRE Issues Draft Tender to Lease Sea Bed for 4 GW of Offshore Wind Projects

Ministry of New and Renewable Energy (MNRE) has issued a draft tender to select wind power developers for leasing sea-bed areas to develop 4 GW of offshore wind power projects ...
/ / Other, Wind
Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22

Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22

Spain-based wind engineering company Siemens Gamesa Renewable Energy reported a profit of €286 million ($293.34 million) in the fourth quarter (Q4) of the fiscal year (FY) 2022, a year-on-year (YoY) ...
/ / Finance and M&A, Wind
Sembcorp to Acquire Vector Green’s Solar and Wind Portfolio of 583 MW

Sembcorp to Acquire Vector Green’s Solar and Wind Portfolio of 583 MW

Singapore-based renewable energy company Sembcorp’s wholly-owned subsidiary Sembcorp Green Infra Limited has entered into an agreement with India Infrastructure Fund II, managed by Global Infrastructure Partners, to acquire 100% of ...
/ / Renewable Energy, Solar, Wind
Wind Turbine Maker Vestas Posts €147 Million Loss in Q3 Amid Market Uncertainties

Wind Turbine Maker Vestas Posts €147 Million Loss in Q3 Amid Market Uncertainties

Vestas Wind Systems, a wind turbine manufacturer, posted a loss of €147 million (~$146.33 million) in the third quarter (Q3) of the calendar year (CY) 2022, compared to a profit ...
/ / Other, Wind
Maharashtra Regulator Orders Wind Developer to Pay Deviation Charges

Maharashtra Regulator Orders Wind Developer to Pay Deviation Charges

Maharashtra Electricity Regulatory Commission (MERC) directed Sterling Agro Industries to pay deviation charges of ₹1,634,494 (~$19,747) for the period between January 6, 2020, to June 28, 2020, for deviation at ...
/ / Markets & Policy, Wind
Pooling Wind Power Bids a Good Idea but More Clarity Needed

Pooling Wind Power Bids a Good Idea but More Clarity Needed

The government is contemplating pooling of bids across the states to boost wind energy installations which have fallen off since 2017. Falling tariffs under the reverse auction regime have pushed ...
Wind Turbine Maker Suzlon's ₹2.4 Billion Rights Issue Oversubscribed

Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was oversubscribed 1.8 times. The equity ...
/ / Finance and M&A, Wind
US Announces $30 Million Funding for Wind Power Research

US Announces $30 Million Funding for Wind Power Research

The United States Department of Energy (DOE) has said it intends to use $30 million from the President's Bipartisan Infrastructure Law to reinforce wind energy's key role as a clean ...
/ / Renewable Energy, Wind
GUVNL Issues Tender for 300 MW of Wind Projects with Greenshoe Option

GUVNL Issues Tender for 300 MW of Wind Projects with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to purchase power from 300 MW of grid-connected wind power projects (Phase-IV) with a greenshoe option of an additional 300 MW. These ...
/ / Other, Wind
US to Lease Out Areas Off the California Coast for Offshore Wind Projects

US to Lease Out Areas Off the California Coast for Offshore Wind Projects

The U.S. government said it would hold a lease sale for areas off the West Coast for wind projects that are critical to achieving the administration’s offshore wind energy goals ...
/ / Other, Wind
MNRE Seeks Stakeholder Comments on Repowering Wind Projects Below 2 MW Capacity

MNRE Seeks Stakeholder Comments on Repowering Wind Projects Below 2 MW Capacity

India has an estimated wind repowering potential of 25.4 GW considering wind turbines of less than 2 MW capacity, according to the ‘Policy for Repowering of the Wind Power Projects, ...
/ / Markets & Policy, Wind
Wind Installations in India Grew by 129% YoY with 878 MW Added in Q3 2022

Wind Installations in India Grew by 129% YoY with 878 MW Added in Q3 2022

India installed 878 MW of wind capacity in the third quarter (Q3) of 2022, a 129% year-over-year (YoY) increase compared to 384 MW installed in the same period last year ...
IIT Mandi Researchers Claim Eco-Friendly Method to Recycle Wind Turbines

IIT Mandi Researchers Claim Eco-Friendly Method to Recycle Wind Turbines

Researchers at the Indian Institute of Technology Mandi have claimed to have successfully used microwaves to recycle polymer composites from old wind turbine blades, using a rapid, sustainable, and comparatively ...
/ / Technology, Wind
Tariff for an 8 MW Wind Project in Kerala Reduced to ₹4.70kWh, Due to Higher CUF

Tariff for an 8 MW Wind Project in Kerala Reduced to ₹4.70/kWh, Due to Higher CUF

Kerala State Electricity Regulatory Commission (KSERC) has allowed Kerala State Electricity Board's (KSEB) petition to revise the generic tariff of an 8.4 MW wind project in Palakkad to ₹4.70 (~$0.057)/kWh ...
/ / Markets & Policy, Wind
Empanelment Tender Issued for 14 MW of Wind Power Projects in Kerala

Empanelment Tender Issued for 14 MW of Wind Power Projects in Kerala

INKEL, a public-private partnership initiative promoted by the Government of Kerala, has invited bids to develop 14 MW of wind power projects at Ozhalapathy and Vadakarapathy in the Palakkad district ...
/ / Other, Wind
Maharashtra Regulator Asks DISCOM to Pay Late Payment Surcharge to Wind Power Generator

Maharashtra Regulator Asks DISCOM to Pay Late Payment Surcharge to Wind Power Generator

The Maharashtra Electricity Regulatory Commission (MERC) recently directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay a late payment surcharge to a wind developer from March 15, 2017, to ...
/ / Other, Wind
Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue

India-based wind turbine manufacturer Suzlon Energy hopes to raise ₹12 billion (~$147.09 million) through a right issue of 2.4 billion company shares. The shares with a face value of ₹2 ...
/ / Finance and M&A, Other, Wind
Wind Energy Generator's Compensation Plea Rejected by Maharashtra Regulator

Wind Energy Generator’s Compensation Plea Rejected by Maharashtra Regulator

Maharashtra Electricity Regulatory Commission (MERC) has rejected a wind power generator’s petition seeking compensation from the Maharashtra State Electricity Distribution Company (MSEDCL) for the power it injected from March 25, ...
/ / Wind
Maharashtra DISCOM Directed to Pay Late Payment Surcharge to a Wind Developer

Maharashtra DISCOM Directed to Pay Late Payment Surcharge to a Wind Developer

The Maharashtra Electricity Regulatory Commission (MERC) recently ruled in favor of a wind power developer and said that it was eligible for a late payment surcharge for January 2017 and ...
/ / Other, Wind