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  • Latest Renewable Energy News

    Wind power installation flat in April-Sept, but industry bullish about future

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    According to reports, wind power installations in the first six months of the current financial year totals 864.75 MW, not much higher than the 827 MW the country saw in the same period last year. However, wind turbine manufacturers say they are seeing good demand from wind farm developers and companies that want to put up wind mills to save on tax. Installations in the first half of the current financial year take the country’s total installed wind power capacity ... Read More »

    Suzlon Q2 loss at Rs 656 cr; logs rise in income

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    According to reports, wind turbine maker Suzlon Energy today posted net loss of Rs 656.21 crore for the second quarter ended September 30, 2014-15. The company had reported a net loss of Rs 782.37 crore for the July-September quarter, 2013-14. Its total income in Q2, 2014-15 increased from Rs 4,820.54 crore a year ago to Rs 5,391.76 crore. Suzlon plans to list its German subsidiary Senvion on the London Stock Exchange through an initial public offer which is likely to ... Read More »

    Discontinuation of subsidy forcing many solar water heater makers to shut down operations

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    According to reports, in the midst of several government announcements to provide more funds for the clean energy sector, the state of the Rs 1,000-crore solar water heater manufacturing industry has become some kind of a paradox, where discontinuation of a subsidy has resulted in shutting down of companies due to debt and halving of sales. Supreme Solar, a Karnataka-based company run by young entrepreneurs, which manufactures around 40,000 units of solar water heaters annually, is planning to scale down ... Read More »

    CII to develop 20 model energy conservation units

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    According to reports, the Confederation of Indian Industry today said 20 model world class units across different sectors would be developed by 2017 teaming up with industries with the objective of providing benchmarks for other companies in the sector. S. Raghupathy, Executive Director of CII Godrej Green Building Centre, said CII has been working with a number of sectors to assess their specific challenges in terms of energy management. By engaging with industry associations such as the Cement Manufacturers Association, ... Read More »

    Gamesa Wins 172 Megawatts of Wind-Turbine Orders in India

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    According to reports, Gamesa Corp. (GAM) Tecnologica SA, Spain’s biggest wind-turbine maker, has won orders from five Indian wind farms to supply 172 megawatts of machines. The 86 turbines, to be made in India, will be delivered to projects in Madhya Pradesh, Gujarat, Karnataka, Rajasthan and Maharashtra states next year, the company said in an e-mailed statement. It didn’t disclose the buyers or value of the deals. India’s wind market is recovering from a downturn after the government restored a ... Read More »

    SunEdison, Azure, Welspun, win solar projects in Karnataka

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    According to reports, American solar companies, SunEdison and Azure Power, and India’s Welspun have bagged big solar projects in the 500 MW Karnataka tender. SunEdison has won the highest: 150 MW – for separate projects, quoting between ₹6.83 and ₹6.97 a kWhr. Azure Power has bagged 140 MW, quoting between ₹6.89 and ₹6.96 a kWhr. Confirming this, Azure Power’s CEO, Inderpreet Wadhwa, told Business Line that with these projects, and with another 50 MW project it won recently in Andhra ... Read More »

    Meghalaya govt to start micro grid systems in select villages

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    According to reports, the Meghalaya government will provide micro grid systems in some villages in the state where power will be generated using renewable resources and energy thus saved will be routed to industries, Chief Minister Mukul Sangma said today. “We have identified certain villages in the state where there is a possibility of them being delinked from the main grid after they are provided with renewable power,” Sangma said while addressing a national seminar on how power sector impacts ... Read More »

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