Welspun Renewables has pledged to set up 11 gigawatts of solar power and wind energy projects across the country. “The 11,001 megawatt capacity will be developed as 8,660 MW of solar energy and 2,341 MW of wind power projects,” the company said in a statement here. In line with Prime Minister Narendra Modi’s vision … Continue reading Welspun Renewables to set up 11 GW of solar energy (8,7 GW), wind power (2,3 GW)projects in India
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Sun Pharma founder to buy 23 per cent stake in Suzlon
A statement from Suzlon said that as per the definitive agreements, Dilip Shanghvi Family and Associates (DSA) will hold 23 per cent stake in Suzlon Energy post the transaction while Suzlon promoter, Tulsi Tanti’s family will hold 24 per cent and retain management control by virtue of pooling arrangement for voting. The consideration is for … Continue reading Sun Pharma founder to buy 23 per cent stake in Suzlon
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India’s proposed target of 60 GW of wind energy by 2022 would generate an additional 180,000 jobs
New analysis released on Saturday, in the run up to India’s first Renewable Energy Global Investors Meet and Expo (RE-Invest) beginning tomorrow in New Delhi, shows that achieving Prime Minister Modi’s recently announced 100 gigawatt (GW) solar energy goal by 2022 could create as many as one million jobs, while greatly improving energy access for … Continue reading India’s proposed target of 60 GW of wind energy by 2022 would generate an additional 180,000 jobs
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Reliance Power to develop 6,000MW of solar power in Rajasthan, India
Reliance Power Ltd on Thursday announced that it has signed an accord with the government of Rajasthan to develop 6,000 megawatts (MW) of solar power projects in the state over the next 10 years. Reliance Power is currently developing a 100MW solar power plant in Rajasthan through its wholly owned subsidiary Rajasthan Sun Technique … Continue reading Reliance Power to develop 6,000MW of solar power in Rajasthan, India
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Inox Wind has received a 166 MW wind energy contract from Green Infra
Inox Wind has received a 166MW contract from Green Infra, a company promoted by IDFC PE Fund, to set up projects in Gujarat, Madhya Pradesh and Rajasthan in the sector where the government has restored tax benefits to promote clean energy. Inox Wind, part of the $2 billion (about Rs 12,400 crore) Inox group that … Continue reading Inox Wind has received a 166 MW wind energy contract from Green Infra
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Wind energy in India: Gamesa wind turbines supplied 260 MW to the wind power market
Gamesa, a global technology leader in wind energy, continues to grow in India, a strategic market in which it has firmly established itself as one of the leading turbine makers, having recently signed two new agreements1 for the supply of an aggregate 260 MW. The first order, from Indian developer and independent power producer (IPP) … Continue reading Wind energy in India: Gamesa wind turbines supplied 260 MW to the wind power market
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India targets 100,000 MW of solar power
Solar energy currently supplies less than 1 percent of India’s energy needs. India could start installing 20,000 MW of solar power capacity by April, with several international companies keen to support the government’s drive for clean energy. Prime Minister Narendra Modi aims to make the country one of the world’s largest renewable energy markets, targeting … Continue reading India targets 100,000 MW of solar power
Continue readingIndia adding 2300 MW wind energy capacity this year
The total installed wind energy based capacity in India was 22,465 MW as of December 31, 2014. During the financial year 2014, India witnessed a capacity addition of 23 per cent. Wind power generation rose by 2,084 MW year on year. One additional factor that supported the growth was the reintroduction of generation based incentive … Continue reading India adding 2300 MW wind energy capacity this year
Continue readingRenewable Energy investment in India
Clean energy investments in India jumped to $7.9bn in 2014, helping the country maintain its position as the 7th largest clean energy investor in the world. The upswing was driven by the newly installed government elected in May 2014 which supports clean energy reforms. The numbers, just released by research firm Bloomberg New Energy Finance, … Continue reading Renewable Energy investment in India
Continue readingIndia plans 100 GW wind power by 2022
The Indian government is looking to set a target of 100 GW under its national wind energy mission. While the mission is being mulled for almost a year it could be launched within months. During the first meeting of the Council on Climate Change, the impending national wind energy mission was discussed. The mission would … Continue reading India plans 100 GW wind power by 2022
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China dominates global wind energy market in 2014 installing over 40% of all new wind power capacity worldwide
In 2014, China installed 20.7GW – over four times more than the US – and more than 40% of all new wind power capacity worldwide. For perspective, China has been the world’s largest wind energy market for six years, since overtaking the US. China now has 96 GW of grid-connected wind energy capacity, or more … Continue reading China dominates global wind energy market in 2014 installing over 40% of all new wind power capacity worldwide
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U.S. Wind Energy Installations Surpassed 4.7 GW Last Year: BNEF
Installations of wind power in the U.S. surged sixfold last year, making it the largest market for the technology worldwide after China. The U.S. added 4.7 gigawatts of new onshore wind energy capacity in 2014 compared with 764 megawatts a year earlier, largely due to the extension of the Production Tax Credit in January 2013, … Continue reading U.S. Wind Energy Installations Surpassed 4.7 GW Last Year: BNEF
Continue readingGamesa to deliver its first G97-2.0 MW Class S wind turbines, purpose-designed for the Indian wind power market
Gamesa has signed a new agreement with Orange for the supply of 25 G97-2.0 MW Class S wind turbines at the Khanapur wind farm; this contract tops up the recently announced 50 MW supply agreement for this same wind energy project. Gamesa, a global technology leader in wind energy, is set to supply its first … Continue reading Gamesa to deliver its first G97-2.0 MW Class S wind turbines, purpose-designed for the Indian wind power market
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Gamesa eyes solar power business in India
After becoming a market leader in the wind energy sector, Gamesa Corporación Tecnológica is eyeing a foray into solar power in India. Chairman Ignacio Martin speaks about the firm’s expansion plans Gamesa chairman Ignacio Martin, during a recent visit to the country, told Forbes India what the government should do to reignite demand for setting … Continue reading Gamesa eyes solar power business in India
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Nalco to add 100 MW wind energy in India
State-owned aluminium maker Nalco has devised a plan to double its wind power generation capacity to 200 MW with an investment of Rs 700 crore, a top company official said. “We have decided to install an additional 100 MW wind power generation capacity to our existing 100 MW capacity. An investment to the tune of … Continue reading Nalco to add 100 MW wind energy in India
Continue readingWind power in India: Gamesa to supply wind turbines to three wind farms in India
Gamesa, a global technology leader in wind energy, is to supply 46 MW to several customers in India. The company has signed multiple contracts for the supply of 23 of its G97-2.0 MW turbines. In total, Gamesa will deliver and commission 12 wind turbines at the Ramnagar wind complex, seven at the Lingsagur facility and … Continue reading Wind power in India: Gamesa to supply wind turbines to three wind farms in India
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SunEdison to build 5 GW of wind power and solar energy in Karnataka, India
SunEdison is to develop 5 gigawatts (GW) of renewable energy capacity in India’s southern Karnataka state, the company said on Tuesday, boosting the Indian government’s efforts to increase the wind energy and solar power generation. Under a memorandum of understanding signed with the state government, SunEdison said it will build a mix of solar … Continue reading SunEdison to build 5 GW of wind power and solar energy in Karnataka, India
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Suzlon plans Rs24,000 cr wind energy and solar power investment in Gujarat
Suzlon will set up 2,000 MW of on-land wind energy capacity, 500 MW of offshore wind power capacity and 500 MW of solar energy capacity, says chairman Tulsi Tanti. Debt-laden wind turbine maker Suzlon Energy Ltd on Saturday announced its plans to invest Rs.24,000 crore over the next five years on energy projects … Continue reading Suzlon plans Rs24,000 cr wind energy and solar power investment in Gujarat
Continue readingIndia raises solar power investment target to $100b by 2022
Indian Prime Minister Narendra Modi has ramped up his target for solar energy as he bets on renewables to help meet rising power demand and overcome the frequent outages that plague Asia’s third largest economy, a senior official told a foreign news agency. India gets twice as much sunshine as many European countries that use … Continue reading India raises solar power investment target to $100b by 2022
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Floating concentrated solar power plant in India
A floating concentrated solar thermal power plant conceptualised and implemented indigenously will be inaugurated next week at Rajarhat near Kolkata. The pilot concentrated solar power project has 10 KW capacity. The experimental project, the first such floating concentrating solar power plant in the country, has been promoted by the Union Ministry of Renewable Energy and … Continue reading Floating concentrated solar power plant in India
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