Suzlon Reports ₹6.75 Billion Net Profit in Q2 After Debt Restructuring

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
Wind Installations to Cross 71 GW in 2020 Despite COVID-19 Challenges_ GWEC

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% ...
/ / Wind
Tamil Nadu DISCOM Asked to Pay Over ₹74 Million in Wind Dues Along with Interest

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 ...
/ / Other, Wind
Tamil Nadu DISCOM Asked to Pay Late Payment Surcharge to Wind Generator

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 ...
/ / Other, Wind
2019 Was the Best Year for Offshore Wind With 6.1 GW of Capacity Addition_ Report

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 ...
/ / Wind
Only Tamil Nadu and Gujarat Installed Wind Projects in Q3 Totaling Just 295 MW

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 ...
/ / Wind
CLP Wind Farms Raises Nearly ₹3 Billion Through Green Bonds

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 ...
/ / Wind
Disagreement on Trading Margin Puts Sale of 50 MW of Wind Energy in Limbo

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 ...
/ / Wind
Joint Electricity Regulator Approves ₹2.83_kWh for 40 MW of Wind Energy in Chandigarh

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 ...
/ / Wind
Tamil Nadu’s New Guidelines for Procurement of Wind Power

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, ...
/ / Wind
Maharashtra Sets Tariffs to Procure Wind Energy from Projects with Expired EPAs

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 ...
/ / Wind
Tamil Nadu DISCOM Asked to Pay for the Unutilized Banked Wind Energy

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 ...
/ / Wind
Maharashtra Regulator on Additional Open Access Power Over Contracted Demand

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
Wind Project in Maharashtra Gets Extension for Disruptions Due to COVID Lockdown

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 ...
/ / Wind
Bangladesh Issues Bids to Develop 100 MW of Wind Projects

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 ...
/ / Other, Wind
Maharashtra to Procure 200 MW of Power from Wind Projects with Expired EPAs

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 ...
/ / Wind
Andhra_ APTEL Approves Curtailment of Wind Power in the State Citing Grid Stability

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 ...
/ / Wind
Total and Macquarie to Develop Over 2 GW of Floating Offshore Wind Projects in South Korea

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 ...
/ / Wind
Electricity Tribunal Rules in Favor of Wind Generator, Sets Aside CERC Order

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) ...
/ / Wind
Tamil Nadu Commission Directs State DISCOM to Pay ₹6.7 Million in Wind Energy Dues

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% ...
/ / Other, Wind
Suzlon Net Loss Widens to Nearly ₹4 Billion in Q1 of FY 2021

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 ...
/ / Other, Wind
Maharashtra Regulator Takes a Lenient Stand on MSEDCL’s Wind Dues Considering COVID-19

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 ...
/ / Other, Wind
Tamil Nadu Commission Asks DISCOM to Pay ₹24.1 Million in Wind Energy Dues

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% ...
/ / Other, Wind
Maharashtra Commission Asks DISCOM to Clear Dues of Wind Power Generators

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
Wind Developer Moves Appellate Tribunal Against MEDA’s Registration Denial

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 ...
/ / Wind