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Inox Wind Q1 Net up 115% at Rs 50 cr

According to reports, Inox Wind today reported 115 per cent increase in consolidated net profit at Rs 50.50 crore for the quarter ended June 30, 2015, against Rs 23.48 crore during the same period of the previous fiscal. According to the statement, the company’s total income from operations was Rs 635.83 crore in the quarter under review compared to Rs 304.37 crore in the year-ago period. In a separate filing, it said that during Q1 FY16, the company continued to ... Read More »

In a first, forecasting helps TNEB make most of wind power

According to reports, in a first, the use of wind forecasting techniques has helped to increase wind power evacuation by 20% on a daily basis. Wind power being among the cheapest sources of power – at Rs 3.50 per unit – it would help TNEB financially to use all the wind power being generated. Without forecasting of a fluctuating source of power, however, other power plants will have to be kept running for the sake of continuous supply of power ... Read More »

Mytrah Energy’s Ravi Kailas wins renewable energy award

According to reports, Ravi Kailas, Chairman and CEO, Mytrah Energy, was named the ‘Wind Power Person of the year 2015’ at the 3rd World Renewable Energy Conference in New Delhi today. The award was conferred on him by the Renewable Energy Expert Committee headed by Dr Praveen Saxena, Former Advisor, Ministry of New & Renewable Energy. Ravi Kailas in a statement said, “Today’s accolade is a reflection of Mytrah’s position as one of the pioneers in the Indian renewable IPP ... Read More »

Suzlon, Gamesa, woo customers with latest products

According to reports, wind turbine manufacturer, Suzlon, is in the “last patch of paper work” before launching its latest turbine — the S-111. Its competitor, Gamesa, has just begun selling its own latest wind turbine — the G-114 — and says it will begin serial production later this year. “The supply chain is being established,” it says. Both companies have said their products would give 20 per cent higher generation over their earlier generation products, at the same wind sites. ... Read More »

Gamesa, Orange Renewable sign up for 250 MW wind power project

According to reports, Gamesa Wind Turbines Private Limited has signed an order for 250 MW capacity Wind Power Projects with Orange Renewable. Of this, 100 MW will come up in Anantapur district of Andhra Pradesh and the rest in Madhya Pradesh. Promoted by AT Holdings Pte. Ltd, Singapore, Orange Renewable has teamed up with Gamesa for supply of 125 units of G97– 2.0MW– T104 across the three identified sites. While 100 MW at Anantapur and 50MW at Ratlam are scheduled ... Read More »

The solar-wind handshake

According to reports, in the expanding world of renewable energy, hybrid technology products are poised to make a dent! They promise to power the needs of small commercial establishments, farmhouses and homes in remote areas where conventional electricity cannot reach. At present, standalone solar photovoltaic panels, wind turbines and hydropower systems are providing solutions to an extent, with seasonal limitations and varying costs. Will hybrids emerge as a viable option in the near future? One of the first hybrids that ... Read More »

Vestas gets 46 MW turbine order for wind project in India

According to reports, Danish wind turbine manufacturer Vestas Wind Systems said on Wednesday it had received a 46 megawatt turbine order for a wind project in India. The order was for 23 units of the V110-2.0 MW turbine for a wind farm project in the Indian state of Karnataka, Vestas said in a press release on its website. The contract includes delivery, installation and commissioning of the wind turbines, as well as a 15-year service agreement, Vestas said. Installation of ... Read More »

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