Tags: wind power news

Suzlon Q4 net loss narrows to Rs 294.64 crore

Suzlon Energy on Thursday said its consolidated net loss for the March quarter narrowed to Rs 294.64 crore from Rs 469.85 crore a year ago, mainly due to lower expenses. Total consolidated income from operations declined to Rs 1,450.47 crore in the fourth quarter of 2018-19, compared to Rs 2,189.18 in year-ago period, the company […]

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Orix to buy seven 874 MW wind energy plants of IL&FS

Debt-ridden IL&FS on Sunday said Japan’s Orix Corporation, which owns 49 per cent share each in its seven operating wind power plants, has expressed intent to buy the remaining stake in those assets. The seven wind power plants, in the form of special purpose vehicles (SPVs) and owned by IL&FS Wind Energy Limited (IWEL), are […]

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Brookfield set to acquire Axis Energy’s two wind farms: Report

Canada based firm Brookfield Asset Management Inc is gearing up to acquire Hyderabad-based Axis Energy’ two wind farms for INR 500 crore, reports ET citing sources. When acquired this will be Brookfield’s first direct acquisition in the renewable energy space in India. The firm back in 2017 acquired SunEdison’s solar yieldco TerraForm Global Inc, which […]

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Global energy investment stabilised above USD 1.8 trillion in 2018: IEA

Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and […]

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Vestas secures 459 MW turbines order from PacifiCorp

Vestas has received an order for 459 MW of V136-4.2 MW turbines operating in 4.3 MW power optimised mode from PacifiCorp, a subsidiary of Berkshire Hathaway Energy, for two wind projects, TB Flats I and II, located in Wyoming. Including previously purchased V110-2.0 MW turbines, the projects will have a combined capacity of 503 MW. […]

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IWTMA submits recommendations to MNRE at Chintan Baithak

Indian Wind Turbine Manufacturers Association (IWTMA) today participated in the brainstorming session, ‘Chintan Baithak’ organized by Ministry of New & Renewable Energy (MNRE) and submitted their recommendations to the Ministry. Chairman Indian Wind Turbine Manufacturers’ Association said, “The wind energy sector has been reeling under tremendous pressure and struggling with the transition from FiT to reverse […]

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Suzlon seeks protection to complete wind power project in Tamil Nadu: Report

Suzlon Gujarat Wind Park Ltd has reportedly moved to Madurai bench of the Madras high court seeking protection to complete wind power project in Tuticorin district of Tamil Nadu. Suzlon has asked the court to direct the authorities to provide adequate police protection to complete the project in time as locals are opposing to it. […]

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Sale of REC dropped by about 65 per cent to 3.68 lakh units in April: Report

Sales of renewable energy certificates dropped by about 65 per cent to 3.68 lakh units in April as compared to 10.62 lakh in same month last year due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are […]

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India to install 54.7 GW wind capacity by 2022: Fitch Solutions

India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, said Fitch Solutions Macro Research in a report. The country has set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which includes 100 GW from solar, 60 GW […]

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Tangedco takes GPS help to measure wind power generation

Over the last few months Tangedco with the help of GPS has been measuring wind power generation in real time. According to ET , Tangedoco has installed GPS system in all windmills across the state and this has helped discoms to measure the power generation from a windmill without going to the spot. Tamil Nadu […]

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