Tags: wind energy market

US offshore wind power sector could deliver up to 25GW in 2029: Wood Mackenzie

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 […]

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AP govt to get additional revenue of Rs 3,495 cr from IREP, renegotiates contract with Greenko

Andhra Pradesh government on Friday said it would get an additional revenue of Rs 3,495 crore from the proposed Integrated Renewable Energy Project (IREP) after it renegotiated the contract terms with the implementing firm Greenko Group. As part of the IREP, the Hyderabad headquartered Greenko Group is currently setting up a 550 megawatt (MW) wind […]

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India needs policy reforms to revive wind growth beyond 50 GW by 2022: Report

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, […]

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Only one third of wind power project auctioned by SECI commissioned : Report

According to a report only one third of the of 6,000 MW wind power project auctioned by the Solar Energy Corporation of India (SECI) have been commissioned SECI, the nodal agency that conducts wind and solar auctions, has reportedly commissioned only 1961 MW of wind capacity. An office of the ministry speaking to ET on […]

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Inox Wind resumes operations at all three manufacturing plants in India

Wind turbine maker Inox Wind Ltd on Monday said it has resumed operations at all three manufacturing plants. These plants are located at Barwani (Madhya Pradesh), Ahmedabad (Gujarat) and Una (Himachal Pradesh). In a regulatory filing Inox Wind said it has resumed operations at its three plants. “… after obtaining requisite permission from concerned district […]

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IL&FS completes sale of IL&FS Wind Power Services amid lockdown

IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and management support services to seven companies that own and operate wind power generating assets. Earlier IL&FS Group had divested the 51 per […]

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Uzbekistan floats tender for 100 MW wind farm project

Uzbekistan floated tender inviting bids for 100 MW wind farm project. The energy ministry on Wednesday issued a request for proposals on a 100 megawatt wind farm project that it said would be the first in the Central Asian nation. According to Reuters the wind farm would be built in the steppes of Karakalpakstan autonomous […]

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Senvion GmbH enters into an agreement with a Strategic Investor to sell its Indian entity

Senvion GmbH announced that it has entered into a binding agreement with a Strategic Investor to sell and transfer its fully operational Indian entity. The company in a statement said “this is further to our announcement last year where Senvion India was made an independent entity to manufacture, supply and operate Senvion turbines.” The parties […]

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Coronavirus will cause global wind additions in 2020 to decline by 4.9GW: WoodMac

Research firm Wood Mackenzie in its new report notes that the coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to our previous projections. Due to other market changes since our Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.  The impact of the coronavirus is […]

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