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NuPower Renewables commissions 30-MW wind project in Maharashtra

According to reports, NuPower Renewables today said it has commissioned 30-MW wind power project in Maharashtra. The project is built from end to end, on a self development basis with 2.05 MW wind turbines manufactured by NuPower with advanced German technology from Wind-to-Energy (W2E), the company said in a statement. “To contribute to the energy security of India and combat climate change, NuPower shall actively participate towards achieving India’s target of 16,0000 MW of wind and solar power by 2022,” ... Read More »

SunEdison wants wind tariffs competitively determined

According to reports, striking a discordant note with the rest of the wind power industry, SunEdison, a leading player in the renewable energy sector, today called for wind energy tariffs to be determined through competitive bidding process. (Today, wind energy producers get a fixed ‘feed-in tariff’ determined by each state electricity regulator—Rs 3.51 in Tamil Nadu, Rs. 4.20 in Karnataka and Rs. 5.92 in Madhya Pradesh.) “Why treat wind different than solar?” posed Pashupathy Gopalan, who heads SunEdison’s Indian operations. ... Read More »

SunEdison not to buy Continuum Energy assets

According to reports, SunEdison today announced that it would not go ahead with the planned acquisition of Continuum Wind Energy’s wind assets. Addressing a press conference here today, Pashupathy Gopalan, SunEdison’s President of Asia-Pacific and Sub-Saharan Africa operations, said that the company needed to conserve cash for its solar projects in India. Continuum Energy’s portfolio consisted of 412.5 MW of wind energy assets. SunEdison had planned to acquire them and then sell them to its US-listed YieldCo, TerraForm Global. While ... Read More »

Recent track-record belies hype in wind energy

According to reports, by drastically raising the capacity addition target to 60,000 megawatt (MW) from the present 24,000MW, the Indian government has managed to create a buzz in the wind energy sector. At least one equipment supplier has recently commissioned a new facility to cater to new wind farms and asset developers are seeing great investor interest. While the renewed interest is encouraging, the underwhelming performance of the sector in recent years calls for caution. An analysis of operational wind ... Read More »

Suzlon bags maiden order from Hero Future Energies

According to reports, wind turbine maker Suzlon has won its maiden order from Hero Future Energies for 31.50 MW of wind power. Part of the Hero Group, HFE is an independent power producer (IPP), and has a presence across 10 states with cumulative installed capacity of over 260 MW by 2015 across wind, solar PV (grid connected), and rooftop solar solutions. Suzlon will install its S97 suite of wind turbine generators (WTGs) with 120m hub height and rated capacity of ... Read More »

Wind Capacity Additions to Fall Short of Government Target: India Ratings

According to reports, the government’s ambitious target of adding 60,000 MW of wind capacity by 2022 seems difficult considering the current rate of progress in the sector, India Ratings said. According to a survey by the ratings agency, capacity additions will remain healthy, but it is likely that these will fall short of achieving the target of 60,000 MW by 2022 from 24,000 MW today. The ratings agency expects nearly 60 per cent of the 2017 target of 10,000 MW ... Read More »

Less windy states to draw power producers

According to reports, the Indian wind sector is likely to see a transition as two-thirds of the incremental capacity additions till 2017 would come up in the secondary states of Andhra Pradesh, Madhya Pradesh, Gujarat and Karnataka, India Ratings and Research has said. However, these states also have limited margin of error on plant load factors (PLFs) and will attract only serious and well-established independent power producers (IPPs), it said. While the agency expects capacity additions to remain healthy, it ... Read More »

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