What is Wind Energy and its Importance Wind is simply air in motion. Winds are created by the sun’s uneven heating of the atmosphere in combination with the irregular surface of the earth and the earth’s rotation.Wind Power has become the biggest source of renewable energy in the world after Nuclear Energy (if you consider […]
Renewable Energy Certificate Policy in India which was unfurled with great fanfare in 2011 is suffering because of a lack of enforcement from states. According to the RPO, a certain percentage of a state’s electricity generation must come from clean energy sources. States and utilities which can’t meet their renewable energy requirements can buy REC […]
Slowdown in Wind Power Wind Power growth has slowed down quite a bit by 10% in the first half of 2012. The major reason for the slowdown is the 30% fall in growth in the world’s biggest wind market of China. Note China has been adding wind turbines at a nosebleed rate in the last […]
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 […]
Spanish Wind Turbine Producer Gamesa is drowning in red ink like other major wind energy equipment companies Vestas, Suzlon and Sinovel. The prospects of wind industry are not good with major overcapacity and saturated Chinese and western markets offering little hope of revival. Spain is having difficulties with its fiscal deficit and finding it hard […]
The Indian Wind Energy Industry is seeing rapid change with the rise of a number of independent power producers (IPPs) focused on Wind Power Development. These companies have been fueled by private equity and investment banking funding which has been attracted by India’s strong energy demand. While the traditional wind farm investors have retreated with […]