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ReNew Power commissions tallest wind turbine in India at 120m height

ReNew Power Ventures Pvt. Ltd.  announced that it has successfully pioneered the commercial installation and commissioning of India’s tallest wind tower the S97 series by Suzlon. The S97 stands at 120 m, offering 33% increase in hub height, when compared with the conventional tower design. It is an on-shore installation of lattice/tubular combination towers (hybrid towers) of 120 m height. The hybrid towers are manufactured by Suzlon. It has been commercially erected, for the first time, anywhere in the world. ... Read More »

Suzlon Energy allots 3.53 crore equity shares to bondholders

According to reports, Suzlon Energy has approved the allotment of 3.53 crore equity shares worth Rs 54.58 crore to its bond holders. ”Securities Issue Committee of the Board of Directors of the Company at its meeting held on September 16, 2015, approved allotment of 3,53,09,144 equity shares of Rs 2 each on conversion of 9,064 USD 546,916,000 Step-up Convertible Bonds due July 2019 of USD 1,000 each at a conversion price of Rs 15.46 per equity share,” Suzlon Energy Ltd said ... Read More »

CLP Wind Farms raises Rs 600 crore from green bonds

According to reports, CLP India, one of the largest foreign investors in the Indian power sector, today announced the issuance of corporate Green Bonds for its wind portfolio – CLP Wind Farms. CLP Wind Farms will raise Rs 600 crore through issue of rated, secured, unlisted, redeemable non-convertible debentures. CLP is the largest wind power developer in India with committed wind projects of more than 1,000 MW, spread across six states. The proceeds from these bonds will be used for ... Read More »

Floating a new energy source

According to reports, in a few months Fukushima will have something positive to balance out its notoriety as the site of one of the world’s worst nuclear disasters. A little distance out into the ocean from the city, the Japanese are putting up a huge 7 MW wind turbine — as yet the world’s biggest. The Japanese expect this project to showcase their resilience as a nation. But the machine will also send out another message — the time to take offshore wind seriously has ... Read More »

Consistent tariff policy key to offshore wind success

According to reports, the Union Cabinet’s nod to the National Offshore Wind Energy Policy opens new opportunities for wind mill manufacturers in the country. The 20-22 Giga watt (Gw) offshore opportunities, to be explored now, will help in achieving the 60-Gw wind energy target by 2022 set by the government. While onshore wind energy projects continue to be explored, most of the lucrative and high quality Class A and B sites have been covered, feel experts. Thus, what is left ... Read More »

Government developing framework for repowering wind farms: Piyush Goyal

Acc0rding to reports, with a view to ensure better capacity utilisation of wind energy projects, the Union Power Ministry is developing a framework for repowering wind farms from 200-300 watt units to 2-5 MW that are available in the market, Minister for Power, Coal, and New and Renewable Energy, Piyush Goyal said at an Assocham event held in New Delhi on Friday night. “I am looking at ways to get repowering done, I know the challenges of new wind sights ... Read More »

Immense scope in wind energy

According to reports, Gamesa India, a wholly-owned subsidiary of Spanish wind energy major, Gamesa, which started its full-fledged India operations in 2009, has garnered a 30-35 per cent market share with an installed base of 2,000mw, achieved in five years. It is now aiming high with installations to the tune of 1,000mw this year and 1,500mw by the next. It has recently forayed into solar energy as well with EPC (engineering, procurement, construction) projects. The company’s immediate focus is to ... Read More »

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