Wind Energy in India has faced problems in the recent past and growth has gone down as the federal government has reduced two main subsidies. The removal of accelerated depreciation and GBI was done to nudge wind power producers to look for market based alternatives for their wind farms. The Renewable Purchase Obligation (RPO) has [...]

India’s wind energy developers are having a tough time with the central government removing their favorite accelerated depreciation and GBI incentives. The largest wind energy state TN is also creating new problems in the form of late payments and inadequate transmission capacity. There is also a new CERC order which lays stringent reporting requirements for [...]

New issues faced by the Indian Wind Capital – Tamil Nadu Lack of transmission and grid issues have always plagued renewable energy around the world. Green Energy is at an inherent disadvantage because of its intermittent nature of generation. Utilities do not like to buy green energy from others, as it reduces their revenues plus [...]

Indian Wind Industry The bad news has finally come in, that the Indian wind energy market halved in 2012, compared to the previous year. Only 1700 MW wind turbines were sold in this year compared to around ~3500 MW solar in 2011. The reason for the sharp decline was the removal of the accelerated depreciation [...]

India’s Renewable Energy Industry India’s renewable energy industry is already facing huge problems due to the country’s dysfunctional governance. The whole power industry is in crisis, thanks to the muddled regulation and crony capitalism. To expect green energy to have a smooth ride in such a scenario is foolhardy. The Renewable Energy Certificate (REC) Scheme [...]

Solar Energy continued to dominate clean energy investment in the 3rd quarter of 2012 with more than double the money being invested in solar energy plants compared to wind power farms. The total green investment could fall for the first time in 8 years according to BNEF as investment has declined sharply in major wind [...]