Rapid technology developments have been a large driver of elevating wind to a competitive source of power generation globally. The new technology investments are focusing on building bigger and better windContinue Reading
GAIL India is looking to buy 775 megawatts (MWs) of wind energy assets from IL&FS Energy Development Co., a unit of IL&FS, and has approached investment bankers to advise onContinue Reading
ENGIE, a global independent power producer (IPP), and STOA, a French infrastructure and investment firm, have announced a joint-venture (JV) to build a wind platform in India. The platform, withContinue Reading
Solar Energy Corporation of India (SECI)latest tender for 2,000-MW of wind energy capacity was undersubscribed by 800 MW. Only 1,200 MW of the capacity has been bid for by fourContinue Reading
The ministry of new and renewable energy (MNRE) provides a subsidy of 50 paise per unit of power produced to renewable energy developers under its generation-based incentive (GBI) scheme. HoweverContinue Reading
The Hero Group is close to acquiring almost the entire wind energy portfolio of the LNJ Bhilwara Group, helping the buyer emerge as one of the biggest players in theContinue Reading
Australia aims to bring down the cost of renewable energy production and help secure a steady supply of renewable power to the grid regardless of weather conditions for this Denmark’sContinue Reading
Wind turbine height: the wind is stronger higher off of the ground and taller wind turbines can catch more of it. Mechanical efficiency: wind turbines have slowly evolved to eliminateContinue Reading
