WinWinD Goes Bankrupt The Wind Turbine industry has been going through a prolonged recessionary phase, as massive overcapacity created by the Chinese players have reduced prices and margins drastically. The WTG industry has seen almost all companies operating in the red, as prices have gone below the costs for companies. Even the largest WTG makers […]
The Indian wind energy industry was finally seeing some rays of hope with the government reinstating the wind power subsidies in the form of Generation Based Incentive (GBI), which had been removed for more than a year. With India’s REC market in a coma and transmission problems, the installations had come down. But the recent […]
A new Body to manage Wind Energy in India India has not done anything much in offshore wind energy installations with other countries such as China, USA and Germany already planning or setting up large offshore wind energy farms. India is now setting up the foundations for the growth of offshore wind energy in India. […]
Worldwide wind Energy Capacity up by 1000% Global wind energy capacity has jumped up a whopping 1000% in the last 10 years or so, as wind energy prices decreased and governments started to subsidize wind energy to reduce green house gas emissions. Wind Energy has grown in all parts of the globe such as Europe, […]
India never ceases to surprise with unknown risks for the industry. The wind turbine industry is facing a massive new risk of the theft of wind turbine components in the western state of Rajasthan. Sophisticated gangs riding on expensive Utility vehicles have become a huge menace to owners of wind farms in the isolated desert […]
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 […]