AMEA Power to Invest $1.1 Billion in Egypt for 1 GW Wind and Solar Projects
Dubai-based renewable energy company AMEA Power will invest $1.1 billion in Egypt to develop wind and solar energy capacities of 500 MW each. The investment will take the company’s cumulative ...
Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction
Tata Power Renewable Energy (TPREL) was declared the winner in Tata Power Delhi Distribution’s (TPDDL) auction for 255 MW wind-solar hybrid power projects. The company has quoted a price of ...
Inox Wind, Inox Green Energy Repay ₹4.11 Billion in Debts
Inox Wind and its subsidiary Inox Green Energy Services repaid debts of ₹1.61 billion (~$19.73 million) and ₹2.5 billion (~$30.63 million), respectively, as part of the strategic initiative to deleverage ...
India-Denmark Collaborative Study Identifies 15 Offshore Wind Sites
A Danish-Indian collaborative study, which aims to support India’s 30 GW offshore wind target by 2030, has identified fifteen zones for the first offshore wind development project. The study was ...
Regulatory Approval Granted for Repowering Wind Projects in Karnataka
The Karnataka Electricity Regulatory Commission (KERC) has ruled that all existing wind projects in the state can undergo repowering, which means the project can replace old and outdated turbines with ...
NTPC Invites BoS Package Bids for 1 GW Wind Projects in Karnataka
NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the balance of system (BoS) package to set up interstate transmission system (ISTS)-connected wind power projects of 1,000 ...
MNRE Issues Draft Tender to Lease Sea Bed for 4 GW of Offshore Wind Projects
Ministry of New and Renewable Energy (MNRE) has issued a draft tender to select wind power developers for leasing sea-bed areas to develop 4 GW of offshore wind power projects ...
Siemens Gamesa Posts Net Profit of €286 Million in Q4 FY22
Spain-based wind engineering company Siemens Gamesa Renewable Energy reported a profit of €286 million ($293.34 million) in the fourth quarter (Q4) of the fiscal year (FY) 2022, a year-on-year (YoY) ...
Sembcorp to Acquire Vector Green’s Solar and Wind Portfolio of 583 MW
Singapore-based renewable energy company Sembcorp’s wholly-owned subsidiary Sembcorp Green Infra Limited has entered into an agreement with India Infrastructure Fund II, managed by Global Infrastructure Partners, to acquire 100% of ...
Wind Turbine Maker Vestas Posts €147 Million Loss in Q3 Amid Market Uncertainties
Vestas Wind Systems, a wind turbine manufacturer, posted a loss of €147 million (~$146.33 million) in the third quarter (Q3) of the calendar year (CY) 2022, compared to a profit ...
Maharashtra Regulator Orders Wind Developer to Pay Deviation Charges
Maharashtra Electricity Regulatory Commission (MERC) directed Sterling Agro Industries to pay deviation charges of ₹1,634,494 (~$19,747) for the period between January 6, 2020, to June 28, 2020, for deviation at ...
Pooling Wind Power Bids a Good Idea but More Clarity Needed
The government is contemplating pooling of bids across the states to boost wind energy installations which have fallen off since 2017. Falling tariffs under the reverse auction regime have pushed ...
Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed
Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was oversubscribed 1.8 times. The equity ...
US Announces $30 Million Funding for Wind Power Research
The United States Department of Energy (DOE) has said it intends to use $30 million from the President's Bipartisan Infrastructure Law to reinforce wind energy's key role as a clean ...
GUVNL Issues Tender for 300 MW of Wind Projects with Greenshoe Option
Gujarat Urja Vikas Nigam (GUVNL) has invited bids to purchase power from 300 MW of grid-connected wind power projects (Phase-IV) with a greenshoe option of an additional 300 MW. These ...
US to Lease Out Areas Off the California Coast for Offshore Wind Projects
The U.S. government said it would hold a lease sale for areas off the West Coast for wind projects that are critical to achieving the administration’s offshore wind energy goals ...
MNRE Seeks Stakeholder Comments on Repowering Wind Projects Below 2 MW Capacity
India has an estimated wind repowering potential of 25.4 GW considering wind turbines of less than 2 MW capacity, according to the ‘Policy for Repowering of the Wind Power Projects, ...
Wind Installations in India Grew by 129% YoY with 878 MW Added in Q3 2022
India installed 878 MW of wind capacity in the third quarter (Q3) of 2022, a 129% year-over-year (YoY) increase compared to 384 MW installed in the same period last year ...
IIT Mandi Researchers Claim Eco-Friendly Method to Recycle Wind Turbines
Researchers at the Indian Institute of Technology Mandi have claimed to have successfully used microwaves to recycle polymer composites from old wind turbine blades, using a rapid, sustainable, and comparatively ...
Tariff for an 8 MW Wind Project in Kerala Reduced to ₹4.70/kWh, Due to Higher CUF
Kerala State Electricity Regulatory Commission (KSERC) has allowed Kerala State Electricity Board's (KSEB) petition to revise the generic tariff of an 8.4 MW wind project in Palakkad to ₹4.70 (~$0.057)/kWh ...
Empanelment Tender Issued for 14 MW of Wind Power Projects in Kerala
INKEL, a public-private partnership initiative promoted by the Government of Kerala, has invited bids to develop 14 MW of wind power projects at Ozhalapathy and Vadakarapathy in the Palakkad district ...
Maharashtra Regulator Asks DISCOM to Pay Late Payment Surcharge to Wind Power Generator
The Maharashtra Electricity Regulatory Commission (MERC) recently directed the Maharashtra State Electricity Distribution Company (MSEDCL) to pay a late payment surcharge to a wind developer from March 15, 2017, to ...
Wind Turbine Manufacturer Suzlon to Raise ₹12 Billion Through Rights Issue
India-based wind turbine manufacturer Suzlon Energy hopes to raise ₹12 billion (~$147.09 million) through a right issue of 2.4 billion company shares. The shares with a face value of ₹2 ...
Wind Energy Generator’s Compensation Plea Rejected by Maharashtra Regulator
Maharashtra Electricity Regulatory Commission (MERC) has rejected a wind power generator’s petition seeking compensation from the Maharashtra State Electricity Distribution Company (MSEDCL) for the power it injected from March 25, ...
Maharashtra DISCOM Directed to Pay Late Payment Surcharge to a Wind Developer
The Maharashtra Electricity Regulatory Commission (MERC) recently ruled in favor of a wind power developer and said that it was eligible for a late payment surcharge for January 2017 and ...
