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 […]
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 […]