Solar & Wind Energy to rise to 8% by 2018 Solar and Wind energy should double their share of the global electricity generation to 8% by 2018 from 4% in 2011, according to a new report by IEA. Hydro Energy will continue to be the biggest renewable source with almost 17% of the share. Solar […]
Goldman Sachs invests in ReNew Power, India Investment giant Goldman Sachs is sharply increasing its investment in renewable energy projects around the world. The company invested in building a large solar farm in Japan which is going through a massive boom. The huge subsidies being given by the government there have led to gambling operators opening […]
Tata Power to build Solar and Wind Capacity every year TATA Power is one of the greatest power companies in India. The Company has an installed generation capacity of 8521 MW in India. Tata Power has presence in almost all Renewable Energy sectors in India like Solar, Wind, Hydro and thermal. Tata Power with BP Solar […]
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 […]
The Indian Wind Farm association has come out strongly against a new wind energy policy in Rajasthan. The policy states that 300 MW of wind energy capacity would be allocated based on a reverse auction. This is similar to the policy under which India’s federal solar energy subsidy policy operates. The policy is a good […]
Wind Energy in India has recently seen a sharp dip in investment and gloominess amongst the wind energy companies. Top global wind turbine companies like Gamesa have cut jobs while Vestas is looking to pull out from India altogether. India’s biggest wind market Tamil Nadu which accounts for more than 50% of the total wind […]