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Gamesa to build 100-MW wind park for Tata Power in India

By : sustainabilityo..., Dec 18, 2015

Spanish wind turbine manufacturer Gamesa SA (BME:GAM) said Thursday it has received an order for the supply and installation of 100 MW of turbines in India from domestic utility group Tata Power...

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Suzlon Energy Signs 4 GW Renewable Energy Agreement In India

By : sustainabilityo..., Dec 15, 2015

One of India’s leading renewable energy companies, Suzlon Energy, has signed a landmark deal that is expected to play a crucial role in its revival and share in the highly competitive Indian...

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Subject Tags: power , solar , wind

India’s Welspun Renewables Commissions 126 MW Wind Energy Project

By : sustainabilityo..., Dec 14, 2015

Amidst market rumours of possible a stake sale, Welpsun Renewables announced that it has commissioned its largest wind energy project so far, ...

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Subject Tags: power , Wind Energy

ADB to lend USD 1 bn to Power Grid Corp

By : sustainabilityo..., Dec 11, 2015

Multilateral lending agency Asian Development Bank will provide USD 1 billion loan to central transmission utility Power Grid Corp for renewable energy transmission and grid expansion in India...

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Subject Tags: power , transmission

India Plans To Increase Solar Power Consumption To 10% By 2022

By : sustainabilityo..., Dec 8, 2015

India is planning to significantly increase the amount of electricity utilities will be mandated to acquire from solar power projects in order to achieve its ambitious target of having 100 GW operational solar power capacity by 2022.

Officials of the Ministry of New...

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Subject Tags: policy , power , solar

India crosses 5 GW-mark for solar installations: Study

By : sustainabilityo..., Dec 7, 2015

The cumulative installed capacity of solar power in India has crossed the 5 GW mark.

“While total commissioned utility solar capacity in India reaches 4.7 GW; rooftop capacity stands at 525 MW. In 2015 year to date, close to 2 GW solar capacity has been commissioned,”...

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Subject Tags: India , industry news , power

Azure Power bags 150 MW solar power deal in Punjab

By : sustainabilityo..., Dec 7, 2015

Azure Power announced on Thursday that it has signed a 150 MW solar power project agreement with the Punjab Energy Development Agency (PEDA) under the third phase of the state’s Solar Policy.

“Azure Power has signed 150 MW of solar power implementation agreement with...

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Subject Tags: India , industry news , power

Renewable energy fund worth $1 bn in pipeline in India

By : sustainabilityo..., Dec 3, 2015

The government plans to set up a $1 billion private equity fund for the renewable energy sector that would be initially seeded by state-run companies.

Power and New and Renewable Energy Minister Piyush Goyal on Friday said: “We are planning a $1 bn private equity fund...

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Subject Tags: Financing , India , power

India adds 2,311 MW renewable generation capacity in 7 months

By : sustainabilityo..., Dec 3, 2015

India has added 2,311.88 MW of grid-connected power generation capacity from renewable energy sources like solar and wind till October of this financial year, against the full fiscal’s target of 4,460 MW, an official statement said on Thursday.

A total of 827.22 MW of...

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Subject Tags: India , industry news , power

India needs $140 bn investment per year in energy: IEA

By : sustainabilityo..., Dec 3, 2015

India needs more than Rs 900,000 crore or $140 billion investments per year in energy by 2040 as it is set to contribute more than any other country to the rise in global energy demand over the coming quarter century, the International Energy Agency (IEA) said on Friday....

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Subject Tags: Financing , power