Solar power subsidiary of JSW Energy won 810 MW blended wind energy projects under an auction conduced by SECI. The Solar Energy Corporation of India (SECI) had conducted an auction for setting up 2,500 MW ISTS projects under tariff based competitive bidding. The tender was floated in June. Solar power constitutes up to 20 per […]
Wind turbine maker Inox Wind on Friday said its consolidated net loss widened to Rs 73.27 crore in June quarter as compared to the year-ago period. The company’s loss in April-June 2019-20 was at Rs 14.16 crore, according to a BSE filing. Total income declined to Rs 101.90 crore in the quarter from Rs 264.53 […]
Renewable energy solutions provider Suzlon’s net loss widened to Rs 399 crore in the April to June quarter from Rs 326 crore in the same period of previous fiscal. Revenue from operations in Q1 FY21 declined to Rs 513 crore from Rs 833 crore in Q1 FY20 due to low volumes amid the COVID-19 pandemic […]
Siemens Gamesa has received a firm order from Adani Green Energy for one of the largest wind power projects in India. The company will deliver 215 SG 2.2-122 wind turbines, totalling 473 MW. The agreement with Adani will see Siemens Gamesa deliver on its core strengths covering manufacturing, supply, installation, and pre-commissioning of the wind […]
Bosch has announced that it is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has signed three exclusive long-term purchasing agreements for PV electricity with the providers RWE, Statkraft, […]
Following curbs on import concessions in the solar energy sector, the government may levy higher taxes on wind turbine components and generators to encourage use of local equipment and give a boost to domestic manufacturing. Government sources said that the tax concessions available to the wind power sector for sourcing certain equipment required for making […]
Tata Power will focus on the renewables for future growth and aims to raise its green energy portfolio to 50 per cent. The company’s growth will be concentrated in renewables, distribution and transmission of power along with new and value added business including rooftop solar, smart metering, micro-grids in rural areas and setting up EV […]
After the curbs on import concessions in the solar energy sector, the government is planning to levy higher taxes on wind turbine components and generators to encourage use of local equipment and give a boost to domestic manufacturing as well make Aatma Nirbhar Bharat ( self-reliant India ) Government sources said that the tax concessions […]
Renewable power producers will now be able to ensure round-the-clock supply to discoms and other consumers as the government has finalised new guidelines that will allow them to bundle their green power with thermal capacities. The bundled power package will address a major drawback that renewable power (solar and wind) faces with regard to continuous […]
DNV GL recently has announced that it has signed an agreement to enter the Taiwan Offshore Wind Project Certification Alliance (TOWPCA), initiated by the Taiwanese government to promote the localization of its offshore wind sector. Together with the Bureau of Standards, Metrology and Inspection (BSMI), administrative agency of the Ministry of Economic Affairs (MOEA), DNV […]
