CFM Partners with AMPYR Energy to Set up 138 MW of Onshore Wind Farms in Karnataka
Climate Fund Managers (CFM) and AMPYR Energy announced that they have partnered to develop 138 MW of onshore wind farms in Karnataka. CFM is a Netherlands-based investment manager with a ...
Suzlon’s Net Losses Rose to ₹26.92 Billion in FY 2020 Amid Historically Low Installations
Pune-based wind turbine-maker Suzlon Energy, in its annual earnings report for the financial year (FY) 2020, reported that its losses during the year had widened due to falling revenues and lower ...
Uttar Pradesh Power Corporation Seeks to Invalidate PSA Termination for 300 MW Wind Power
The Uttar Pradesh Power Corporation Limited (UPPCL) has filed a petition with the Uttar Pradesh Electricity Regulatory Commission (UPERC) seeking it to invalidate the cancellation of a power sale agreement ...
Suzlon Completes Restructuring of Debt with Capital Infusion of ₹3.92 Billion
Pune-based renewable energy solutions provider Suzlon Energy Limited announced that it has completed restructuring its debt with the unanimous approval from its secured lenders. The company has been in a ...
Energy Injection Without Valid EPA Will Not Be Compensated, Reiterates MERC
The Maharashtra Electricity Regulatory Commission (MERC) has issued an order declaring that the Maharashtra State Electricity Distribution Company Limited (MSEDCL) is not obliged to sign an energy purchase agreement (EPA) ...
MNRE Guidelines for Procuring Power From 2.5 GW of Wind Projects Blended With Solar
The Ministry of New and Renewable Energy (MNRE) has issued guidelines for tariff-based competitive bidding process for procuring power from 2.5 GW of the interstate transmission system (ISTS) connected wind ...
GE to Come up With Taller Wind Turbines With Optimized 3D Printed Concrete Bases
U.S.-based GE Renewable Energy, COBOD, and LafargeHolcim have signed a contract to co-develop wind turbines with 3D printed concrete technology, creating larger bases and cost-effective taller hybrid towers, reaching up ...
Top Five States for Wind Energy Generation
Wind power installations in India reached 2.07 GW in the financial year (FY) 2019-20, a 31% increase as compared to 1.58 GW in the FY 2018-19. Wind power represents 10.1% ...
Abu Dhabi-Based Masdar to Develop a 500 MW Wind Project in Uzbekistan
Masdar (or Abu Dhabi Future Energy Company) has entered into an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan to develop a 500 MW ...
Government Agencies Driving the Growth of Wind Installations in India: GWEC
The installations of wind power projects in India has decelerated, with only 2.3 GW installed in 2019, according to the Global Wind Energy Council (GWEC). “That is around half of ...
Maharashtra Approves Amended Energy Purchase Agreement for Two Wind Projects
The Maharashtra Electricity Regulatory Commission (MERC) has approved the extension of an amended energy purchase agreement (EPA) between Tata Power Company Limited- Distribution (TPC-D) and its wind energy business Tata ...
Karnataka Wind Installer and DISCOM Spar Over Wheeling of Energy to Open Access Consumers
The Karnataka Electricity Regulatory Commission (KERC) has ordered that Golden Hatcheries, a company that had installed a 3.2 MW wind power project, should be granted its due credits for the ...
With Industry Consolidation, 22,893 Wind Turbines Were Supplied in 2019: GWEC
The Global Wind Energy Council (GWEC) recently published the second edition of its annual ‘Supply-Side Analysis 2019’ report, which said that 22,893 wind turbines were installed globally in 2019. These ...
Inox Wind Sells its Subsidiary Sri Pavan Energy to KPR Infra & Projects Limited
Inox Wind, a wind energy solutions provider, has announced that its subsidiary, Inox Wind Infrastructure Services (IWISL), has sold its 51% shareholding in Sri Pavan Energy Private Limited (SPEPL). With ...
Kerala Commission Asks DISCOM to Modify PSA for 100 MW of Wind Power with SECI
The Kerala State Electricity Regulatory Commission (KSERC) has ordered the Kerala State Electricity Board Limited (KSEB) to file a petition incorporating all the recommended changes for the approval of the ...
India Unlikely to Achieve its Wind Target Without Regulatory Reforms: Report
The Global Wind Energy Council (GWEC) and MEC+ (MEC Intelligence) have come up with a report which says that India’s wind capacity can only reach 50 GW by 2022. The ...
Karnataka Retains Generic Tariff of ₹3.26/kWh for Wind Projects in FY 2020-21
The Karnataka Electricity Regulatory Commission (KERC) has issued an order stating that the generic tariff for wind power projects will continue to remain the same at ₹3.26 (~$0.04)/kWh as determined ...
Wind Turbine Maker Vestas’ Revenue Surges 29% YoY in Q1 2020 Amid COVID-19
Vestas Wind System, a wind turbine manufacturer, revealed that in the first quarter of 2020, the company generated a revenue of €2.235 billion (~$2.42 billion), showing a year-over-year increase of ...
Gujarat Removes Generic Tariff for Wind Projects, Only Competitive Bidding Allowed
The Gujarat Electricity Regulatory Commission (GERC) has announced the tariff framework for the procurement of wind power by distribution licensees. The Commission has decided that the tariff for all wind ...
Wind Turbine Maker Siemens Gamesa’s Revenue Slips 7.7%
Siemens Gamesa Renewable Energy (SGRE), a wind turbine maker, has reported a 7.7% fall in revenue in the second quarter of the financial year 2020 (January-March) as a result of ...
Kerala Commission Directs INOX to Enter Tripartite PPA for a 16 MW Wind Project
The Kerala State Electricity Regulatory Commission (KSERC) has directed INOX Renewables Limited, the Kerala State Electricity Board Limited (KSEB), and Damodar Jagannath Malpani to enter into a tripartite power purchase ...
Manufacturing Units of Swelect Energy, Inox Wind Resume Operation Amid Lockdown
Swelect Energy Systems Limited, a solar photovoltaic module manufacturing company, has resumed operations at its unit in Bangalore with effect from April 25, 2020. Given the outbreak of the COVID-19 ...
Uzbekistan Announces its First Wind Tender for 100 MW
The Government of Uzbekistan (GOU) has announced a tender for 100 MW of wind power projects and associated infrastructure in the Qorao’zak district of the Karakalpakstan region of the country ...
Tata Power Sells Entire Stake in Wind Power JV for $84 Million
Tata Power has announced that its wholly-owned subsidiary Khopoli has completed the sale of the company’s entire stake in Cennergi Private Limited to Exxaro Resources Limited for ZAR 1,550 million ...
India’s Lockdown Amid COVID-19 Hurts Wind Supply Chain Globally: Report
The Global Wind Energy Council (GWEC) has released a new report which analyzes how COVID-19 is impacting the global wind industry, including India. According to GWEC's report, "When the COVID-19 ...
