Private Equity in Wind Industry India The Indian Wind Energy Industry is currently under a lot of stress as subsidies and incentives have been withdrawn towards the sector. This has led some of the wind industry companies to sharply reduce their projections of demand in 2012 to fall by around 66% from the previous year. […]
Wind Energy – India Wind Power Plants in India are finding the going tough in 2012 as we had written earlier with a number of factors affecting the growth of the industry in India. Not only have the central subsidy schemes like accelerated depreciation and GBI have been removed, but the wind power players are […]
Suzlon, The Wind Turbine Manufacturer Suzlon which is India’s largest pure play green company and one of the largest wind turbine manufactures globally has been stuck in morass since 2009. The company has been making losses continuously as the global environment changed dramatically with a massive supply glut by Chinese wind turbine makers and falling […]
Local Taxation on Indian Wind Turbines The Indian Wind Industry in 2012 is finding the going a bit difficult after a record breaking year in 2011. First the accelerated depreciation subsidy which has been around for a long time making India the 5th largest wind energy producer, has been removed. Second the GBI incentive scheme […]
Indian Wind Industry India is the 5th largest wind energy market in the world and installed a record ~3000 MW last year. The growth of the Indian wind energy market has been mainly due to the Government policy of supporting green energy through accelerated depreciation. However, this subsidy has come to an end in 2012 […]
Brazil made a lot of headlines when it managed to auction a couple of gigawatts of wind energy capacity at very low prices to wind energy developers. Note Brazil does not have much renewable energy capacity apart from hydro power, despite huge potential for both wind and solar power. A number of wind turbine producers […]