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 […]

General Electric emerges as a Winner in the Indian Wind Market The Indian Wind Energy Market which is dominated by the top global wind turbine companies has seen General Electric winning marketshare as the others pull back. Note Vestas, Gamesa and Suzlon have been losing billions of dollars in the last few years as competition […]

Europe’s biggest solar project Desterec looks doomed with one of its founding member companies Siemens abandoning solar energy for good. Siemens facing lower margins and revenues had strategically decided to retreat from solar energy. Note Siemens was strong in solar thermal energy technology after it bought Solel Energy. However the company was not getting any […]

                Wind energy, with an average growth rate of 30%, is the fastest growing source of renewable energy (RE) in the world. India has long played an important role in the world’s wind energy market and is the fifth largest wind power producer in the world (Source: Indian […]