This section provides regular aggregation of news and updates from India and around the world for Wind Energy. This is part of EAI 360, India's largest renewable energy and clean technology news aggregator.
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Major wind power developers including Adani and Mytrah Energy today signed Power Purchase Agreements (PPAs) with Power Trading Corporation (PTC) for supply of 550 Mw power to states as part of India’s first wind power auctions scheme. The pacts were signed in the presence of power, coal, renewable… read more →
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Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation,… read more →
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Tangedco at 7pm on Monday evacuated 5,079MW of wind power, a new record in wind power evacuation in Tamil Nadu and India. It was a two hour sustained supply of over 5,000MW on Monday. read more →
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If one wishes to see birth of a non-performing asset (NPA), wind power sector in India offers a ring-side view. No where can one see Murphy’s Law being vindicated more strongly than in this sector where everything that can go wrong has gone wrong. Wind power, which along with solar power was expected… read more →
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On Tuesday, Gujarat saw its highest ever levels of power generation from wind energy, thanks to high wind velocities on its coast and steadily increasing generation capacity. Wind power generation in the state reached a record 3,460MW on June 20, 2017. The rise also come as a major relief to GUVNL,… read more →
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The National Thermal Power Corporation (NTPC) tendered 250 MW of wind to be developed across the states of Gujarat, Andhra Pradesh, Karnataka, and Madhya Pradesh in India. The bid-submission deadline is August 4, 2017. read more →
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Wind energy solutions provider Inox Wind on Wednesday said that rating agency Crisil has reaffirmed the ‘AA-’ rating for its long-term bank facilities. The rating agency has also reaffirmed ‘A1+’ rating for the company’s short-term bank loan facilities, it said in a BSE filing. “AA rating… read more →
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India–based renewable energy group Mytrah Energy Ltd continues to run hard in deploying new capacity and has ambitious plans for the current year, says house broker Cantor Fitzgerald. The additional capacity meant a jump in reported underlying earnings to US$128.1mln in 2016 from US$65.9mln, while… read more →
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Envision Energy, the second largest wind turbine manufacturer in China, intends to bring its products to India, the company’s Founder and Managing Director, Lei Zhang, said on Thursday. “We will set up manufacturing facilities for sure,” Zhang told BusinessLine here, on the sidelines of the 8th… read more →
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Eastspring Investments, the Asian asset management arm of Prudential Plc, has agreed to invest in a subsidiary of Morgan Stanley-backed Continuum Wind Energy Ltd, as it seeks more opportunities for such investments across Asia. The investment in Watsun Infrabuild Pvt. Ltd will be Eastspring’s first… read more →
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