Tags: wind

German network agency awards onshore wind power, solar licences

Germany’s power network agency said on Friday it had awarded licences to build onshore wind turbines with the capacity to produce 204 megawatts (MW), after its Oct. 1 auction, aiming for a possible maximum of 675 MW, was again undersubscribed. The Bundesnetzagentur energy markets regulator also said in its statement that it had awarded 153 […]

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IL&FS completes sale of wind energy assets to Orix

In a major development in the resolution of the crisis-hit IL&FS and its group entities, IL&FS on Thursday said that it has completed the sale of its wind energy assets to Orix Corporation of Japan for Rs 4,900 crore, helping the debt ridden company to resolve its debt of over Rs 4,300 crore. In a […]

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Inox Wind signs additional deal for 50-MW project with Adani

Energy solutions provider Inox Wind said on Wednesday it has closed a deal for sale of a 50-megawatt wind power project at Dayapar in Kutch district of Gujarat in which Adani Green Energy will be the strategic investor. The project is part of the capacity won under Solar Energy Corporation of India (SECI) bids for […]

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Renewables overtake hydrocarbons in UK electricity generation: study

Renewable sources generated more of Britain’s electricity than fossil fuels for the first time last quarter, according to analysis by specialist website “Carbon Brief” published Monday. “In the third quarter of 2019, the UK’s windfarms, solar panels, biomass and hydro plants generated more electricity than the combined output from power stations fired by coal, oil […]

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Govt committed to provide eco-friendly energy security to India: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said that the government is committed to provide energy security to India. “….Here is the government which is committed for energy security for India. Energy security, which is not blindly using non-environment friendly sources,” Sitharaman said addressing India Energy Forum CERAWeek Summit here. The third India Energy Forum by […]

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India on track to achieve 175 GW of renewable energy target by 2022: R K Singh

Power and New & Renewable Energy Minister R K Singh on Tuesday exuded confidence that India will achieve 175GW of renewable energy target by 2022. “The target of having 175 GW of renewable energy by 2022 looks huge. But, today we have established 83 GW clean energy. About 29 GW of renewable energy is under […]

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MNRE downplays CRISIL’s recent report on renewable energy target

The Ministry of New and Renewable Energy (MNRE) has denounced a recent Crisil report that stated the ministry may miss the renewable energy target by 42 per cent, and asserted that the clean power capacity by 2022 will exceed the goal of 175 GW. The ministry termed the report as “ill founded”, factually incorrect and […]

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JERA to Acquire 49% stake in Taiwan’s offshore wind project

Japan’s power generator JERA Co said on Wednesday it will buy a 49% stake in the Formosa 2 offshore wind project in Taiwan from Macquarie Capital for an undisclosed sum, in a bid to expand its renewable energy portfolio. JERA, a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, already […]

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Delhi’s power discoms penalised for defaulting on green power obligations

Delhi’s power regulator DERC has imposed penalties to the tune of Rs 1.71 crore on discom TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on renewable energy purchase obligations (RPO) for three financial years. The Delhi Electricity Regulatory Commission(DERC) in its order last month found default on the part of the […]

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Policy stability at state level must to boost renewable projects: ReNew CMD

Policy stability, particularly at the state level, is a must for boosting installation of clean energy capacity in the coming days, a top official of ReNew Power said on Thursday. His comments have come against the background of Andhra Pradesh seeking to renegotiate tariff price of concluded power purchase agreements with renewable energy developers. Renewable […]

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