Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring
Pune-based wind turbine manufacturer Suzlon Energy Limited reported a net profit of ₹6.75 billion (~$91.6 million), a turnaround from last year’s net loss of ₹7.78 billion (~$104.4 million). The company ...
Wind Installations to Cross 71 GW in 2020 Despite COVID-19 Challenges: GWEC
The latest market outlook published by the Global Wind Energy Council Market (GWEC) Intelligence expects 71.3 GW of wind power installations in 2020 despite the impact of COVID-19, a 6% ...
Tamil Nadu DISCOM Asked to Pay Over ₹74 Million in Wind Dues Along with Interest
The Tamil Nadu Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to pay wind generators about ₹74.2 million (~$1 million) in delayed wind power ...
Tamil Nadu DISCOM Asked to Pay Late Payment Surcharge to Wind Generator
Tamil Nadu Electricity Regulatory Commission (TNERC) directed the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) to rework the late payment surcharge at 12% per year for the delayed payments ...
2019 Was the Best Year for Offshore Wind With 6.1 GW of Capacity Addition: Report
By the end of 2020, the offshore wind energy industry will see 6.6 GW of installations worldwide. According to the latest Global Wind Energy Council's (GWEC) report, despite the negative ...
Only Tamil Nadu and Gujarat Installed Wind Projects in Q3 Totaling Just 295 MW
Wind Installations in India were up about 117% in the third quarter of 2020 (Q3 2020), with about 295 MW of installations compared to the previous quarter’s 136 MW, according ...
CLP Wind Farms Raises Nearly ₹3 Billion Through Green Bonds
CLP Wind Farms (India) said it raised ₹2.96 billion (~$40.51 million) through its green bonds - financial instruments designed to raise money for climate and sustainability-related projects and activities. The ...
Disagreement on Trading Margin Puts Sale of 50 MW of Wind Energy in Limbo
The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has dismissed DNH Power Distribution Corporation Limited's (DNHPDCL) request seeking the approval of the power sale ...
Joint Electricity Regulator Approves ₹2.83/kWh for 40 MW of Wind Energy in Chandigarh
The Joint Electricity Regulatory Commission (JERC) has approved a tariff of ₹2.83 (~$0.039)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for the procurement of 40 MW of wind power between ...
Tamil Nadu’s New Guidelines for Procurement of Wind Power
The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued an order with detailed guidelines for wind power procurement. The order provides details on mode of power procurement, energy banking, transmission, ...
Maharashtra Sets Tariffs to Procure Wind Energy from Projects with Expired EPAs
The Maharashtra Electricity Regulatory Commission (MERC) has approved the energy purchase agreement (EPA) for wind projects with expired EPAs. The agreements were signed between Maharashtra State Electricity Distribution Company Limited ...
Tamil Nadu DISCOM Asked to Pay for the Unutilized Banked Wind Energy
The Tamil Nadu Electricity Regulatory Commission (TNERC) has asked the Tamil Nadu Generation and Distribution Company (TANGEDCO) to pay for the unutilized banked energy to Arulmozhi Spinning Mills Private Limited ...
Maharashtra Regulator on Additional Open Access Power Over Contracted Demand
The Maharashtra Electricity Regulatory Commission (MERC) has rejected a wind power developer’s petition contesting the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) decision to reject open access to its customers ...
Wind Project in Maharashtra Gets Extension for Disruptions Due to COVID Lockdown
The Maharashtra Electricity Regulatory Commission (MERC) extended the commissioning date of the 76.5 MW wind project being developed by Clean Wind Power (Bhavnagar) Private Limited on the grounds of force ...
Bangladesh Issues Bids to Develop 100 MW of Wind Projects
The Bangladesh Power Development Board (BPDB) has released a notice inviting bids to develop 100 MW of grid-connected wind power projects at two sites in the country. The board intends ...
Maharashtra to Procure 200 MW of Power from Wind Projects with Expired EPAs
The Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) issued a Request for Selection to procure 200 MW of wind energy from intra-state wind power projects with expired or soon-to-be expired ...
Andhra: APTEL Approves Curtailment of Wind Power in the State Citing Grid Stability
The Appellate Tribunal for Electricity (APTEL) declined a wind power generator’s appeal against the Andhra Pradesh State Load Despatch Centre (APSLDC) and the Transmission Corporation of Andhra Pradesh (APTRANSCO), asking ...
Total and Macquarie to Develop Over 2 GW of Floating Offshore Wind Projects in South Korea
Total, a France-based oil and gas company, announced that it had joined hands with Macquarie's Green Investment Group to develop over 2 GW of floating offshore wind projects in South ...
Electricity Tribunal Rules in Favor of Wind Generator, Sets Aside CERC Order
The Appellate Tribunal for Electricity (APTEL) has ruled in favor of a wind developer who sought the tribunal to set aside an order by the Central Electricity Regulatory Commission (CERC) ...
Tamil Nadu Commission Directs State DISCOM to Pay ₹6.7 Million in Wind Energy Dues
The Tamil Nadu State Electricity Regulatory Commission (TNERC) has ordered the Tamil Nadu Generation and Distribution Company (TANGEDCO) to pay wind generators ₹6.69 million (~$91,586) along with interest at 1% ...
Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021
Suzlon Group, a renewable energy solutions provider, announced its financial results for the first quarter (Q1) of the financial year (FY) 2020-21. The company registered revenues of ₹5.13 billion (~$70.1 ...
Maharashtra Regulator Takes a Lenient Stand on MSEDCL’s Wind Dues Considering COVID-19
In a recent order, the Maharashtra Electricity Regulatory Commission (MERC) reiterated its decision to reject a wind generator’s claim for dues in the absence of a valid energy purchase agreement ...
Tamil Nadu Commission Asks DISCOM to Pay ₹24.1 Million in Wind Energy Dues
The Tamil Nadu State Electricity Regulatory Commission (TNERC) has directed the Tamil Nadu Generation and Distribution Company (TANGEDCO) to pay wind generators ₹24.1 million (~$321,701) along with interest at 10% ...
Maharashtra Commission Asks DISCOM to Clear Dues of Wind Power Generators
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to reconcile differences in its outstanding dues with wind generators in the state and ...
Wind Developer Moves Appellate Tribunal Against MEDA’s Registration Denial
The Appellate Tribunal of Electricity (APTEL) has allowed Orange Maha Wind Energy Private Limited to withdraw its appeal regarding a 2 MW wind project. The Tribunal has asked the developer ...
