Ingeteam Wind Energy has announced that its firmware development methodology has shown to significantly reduce the critical on-site validation and certification phase because of its robust qualification process. This speeds up the time to market and commercial production capacity of new wind farm developments whilst ensuring the highest level of reliability in the field. Securing […]
Adani Wind Energy Kutch Three Limited (‘AWEKTL’) , a subsidiary of Adani Green Energy Limited (‘AGEL’), commissioned a 100 MW Wind Power Plant in Kutch (Gujarat) 5 months ahead of its schedule. This is the 5th project commissioned before schedule by the company over the past 12 months. The plant has Power Purchase Agreement (‘PPA’) with the […]
The Global Wind Energy Council India (GWEC India) and MEC Intelligence (MEC+) has announced that the two organisations have signed a Memorandum of Understanding (MoU) to work together on building out market intelligence and evidence-driven policy recommendations to accelerate India’s energy transition. The partnership will aim to address key bottlenecks slowing down wind market growth, and illustrate the potential […]
Wind energy solutions provider Suzlon Energy has completed its debt restructuring process. Under the restructuring plan, promoters and key shareholders have infused Rs 392 crore. In a regulatory filing, the company said that the debt restructuring completed with unanimous approval of secured lenders. Post the announcement, shares of the company on the BSE hit the […]
The US offshore wind industry is set to power up over the coming decade. New research from Wood Mackenzie shows that as the sector ramps up from near-zero today, it could deliver as much as 25 gigawatts (GW) in 2029, capturing almost half of the US market for new wind power installations. However, a number […]
Hindustan Zinc is reportedly looking to sell its wind energy assets. ET citing sources reports that the company has put its wind energy assets on the block. The company’s wind energy assets are valued at around Rs 1,500 crore. The publication citing sources reports that wo renewable energy players backed by multilateral financial institutions are […]
Ratings agency Crisil in a statement said as the government continues to focus on increasing the share of renewable energy in the country, nearly 15 GW of wind-solar hybrid capacity is expected to come up over the next five years. Out of this 15,000 MW, works on nearly 10,000 MW are already either under construction […]
The Global Wind Energy Council in its second edition of its annual Supply Side Analysis 2019 report on its market intelligence platform noted that 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity, a new supply side record in terms of capacity for the industry. Vestas continues to […]
Wind turbine maker Inox Wind on Friday said its arm Inox Wind Infrastructure Services has sold its entire 51 per cent stake in Sri Pavan Energy for Rs 5.1 lakh. “Our wholly owned subsidiary, Inox Wind Infrastructure Services Ltd (IWISL) has sold its entire 51 per cent shareholding held in Sri Pavan Energy Private Ltd […]
According to a new report released by the Global Wind Energy Council (GWEC) and MEC+ (MEC Intelligence), India’s wind energy capacity can only realistically reach 50 GW by 2022. India Wind Outlook Towards 2022: Looking beyond the headwinds objectively analyses the factors which have led to a drag on market growth for India’s wind energy industry over the past two years, […]
