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Daily Archives: July 22, 2015

Wind installations down in first quarter

According to reports, wind power capacity additions fell to 319.2 MW in April –June this year compared with 477.7 MW in the same period last year, illustrating the ‘nothing-is-moving’ feeling that pervades the wind industry today. In private conversations that betray a sense of despondency, wind industry leaders say that they do not see the capacity additions in 2015-16 to be higher than the 2,300 MW the industry clocked in 2014-15. The lack of cheer is due to varied issues ... Read More »

Maharashtra Govt rolls out incentives for renewable energy

According to reports, the state government has come out with its promised New and Renewable Energy Policy under which sops have been declared for developing various types of renewable energy. It has set a target of generating 14,400 MW through renewable sources. Many sops are common for the sources while some are sector-specific. The government has decided to promote six sources of renewable energy. They are: wind (5,000 MW), cogeneration using farm waste (1,000 MW), small hydel (400 MW), farm ... Read More »

India’s clean energy targets way ahead of others: UN

According to reports, India can lead the world in the area of sustainable energy from renewable sources, as its clean energy target is way ahead of the UN global goal, senior official of the United Nations said Monday. “We believe that India can lead the world. Your (India’s) targets here and some of the progress you are making here is way ahead of UN global targets. But of course, there is a lot more work to do,” United Nations Under ... Read More »

Hanwha Joins ReNew Power to Build First Solar Plant in India

According to reports, Hanwha Q Cells Co., the South Korean solar panel manufacturer, will form a venture to build large-scale solar power plants in India, marking the cell maker’s first move into the fast-growing market. The producer will join with India’s ReNew Power Ventures Pvt., an independent power producer backed by Goldman Sachs Group Inc., to develop 149 megawatts of solar power plants in the state of Telangana, the Indian company said in a statement. Hanwha will supply its “German ... Read More »

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