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May 27, 2009
American Superconductor Corporation (AMSC)
announced that its wholly owned AMSC Windtec subsidiary has licensed its
proprietary 2 megawatt (MW) doubly-fed induction wind turbine design to Inox
Wind Limited, part of India’s Inox Group of Companies (Inox). The license
provides Inox with the right to manufacture and sell the wind turbines
globally.
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March 23, 2009
The wind power generation industry is going
through a slowdown worldwide. Indian companies are finding it increasingly difficult
to raise resources amid such a demand slowdown.
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January
6, 2009
The world’s fifth largest wind turbine maker, Suzlon Energy, has agreed
to sell about 10% of its equity stake in gearbox designer Hansen Transmissions
to Ecofin, a London-based investment firm which specializes in the utility and
infrastructure sectors. Suzlon says the
sale is part of its strategy to finance future growth plans.
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December 18, 2008
Suzlon Energy, the world's fifth leading
and India's largest wind turbine manufacturer, will invest about 270 million
euros to enlarge its stake in German wind power company REpower Systems AG. Suzlon will pick up a 22.4 percent stake that
Martifer Group of Portugal holds in REpower, which will increase its holding in
the German firm to about 91 percent.
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December 17, 2008
The Tamil Nadu Electricity Regulatory
Commission has proposed a sharp increase in the wind power tariff to
attract more private investors and tap the state’s wind power potential. Tamil Nadu offers a low price for wind energy
from private investors compared to states like West Bengal.
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December 16, 2008
Suzlon Energy, India’s wind turbine maker,
has announced a reallocation of responsibilities at the top management level,
with the responsibilities of the CEO distributed between the offices of the
chairman and managing director, Tulsi Tanti, and the COO, Sumant Sinha.
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December 3, 2008
The state of Rajasthan in India is set to
attract an investment of $16.04 billion in renewable energy sector, with 14
companies proposing projects to tap power from wind and biomass. Rajasthan Renewable Energy Corporation Chairman Rajeev Swaroop said that the state government
has signed memorandum of understanding with 14 power companies to set up
power plants in the field of wind biomass energy.
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November 19, 2008
Wind power turbine maker Suzlon Energy has
announced plans to enter the solar energy sector. Suzlon Energy chairman and Managing Director, Tulsi
R. Tanti said this would be in addition to the plans for tapping the wind power
potential in India.
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October 24, 2008
Pakistan will produce 1,000 megawatts of
electricity through wind energy within the next few years, according to Irfan
Afzal Mirza, Technical Director of the
country’s Alternative Energy Development Board.
He told the Voice of Germany that approval has already been given to
over twenty-three projects producing 50 megawatts each.
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September 24,
2008
Anil Dhirubhai Ambani Group’s
Reliance Power (R-Power) is planning to invest over Rs 60,000 crore in
renewable and alternative energy resources such as hydroelectric, wind, solar
and fuel cell-based power. ADAG is
currently setting up facilities for 150 MW wind power in Maharashtra
and had plans to add 500 MW over the next three years at suitable locations.
R-Power has placed equipment orders for 150 MW with wind energy major Suzlon.
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September 8, 2008
India’s state-run Oil and Natural Gas
Corporation’s (ONGC) launched its first renewable energy venture, a wind farm
project having the world’s highest turbine capacity, on Saturday at Bhuj in Gujarat.
The 50 MW turnkey project comprises a 34-unit farm where each wind turbine
generator (WTG) unit is capable of generating 1.5 MW, highest in the world. The
wind farm has been set up by ONGC at an investment of around Rs. 308 crore.
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August 25, 2008
India’s government last week
initiated a new scheme for wind power generation in a bid to tap the 45,000 mw
power potential of the non-conventional resource. The present wind power production stands at
8,760 mw and the Ministry of New and Renewable Energy has set a target of
10,500 mw for the new five year plan.
The ministry has initiated new scheme of Generation Based Incentive
(GBI) to attract new and large independent power producers to wind sector.
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August 13, 2008
Indian
Wind Turbine Manufacturers’ Association (IWTMA) has called for a
generation-based incentive policy to attract foreign direct investment (FDI)
into the nascent wind energy sector. Addressing a press conference on Monday,
D. V. Giri, Chairman of the association, said any generation-based incentive
should have no ceiling on capacity.
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July 1, 2008
India's
private Lanco Group said it has planned to set up a wind turbine unit to foray
into wind energy. The power and infrastructure major is planning to set up a
wind turbine manufacturing unit in southern Puducherry. It is also planning to
establish wind farms in India,
the United States and Europe. The group is also exploring options in solar and
nuclear energy fields and has a presence in the hydropower sector.
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June 30, 2008
The Ministry of New and Renewable energy
(MNRE) today announced an "incentive" of Rs 0.50 per unit of
wind-power fed by the independent power producers into the grid. The generation
based incentive (GBI) is aimed at increasing the quantum of grid interactive
renewable power.
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June 13, 2008
Three years
ago, in 2005, Tanti of Suzlon converted his advantages over the competition
into cash when he orchestrated a brilliant initial public offering. Suzlon
raised $340 million (€219 million) and, from one day to the next, catapulted
its founder and his family in the realm of the subcontinent's ultrarich. Tanti
himself currently owns 16 percent of Suzlon, while the family owns 66 percent.
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June 11, 2008
Refrigerant gases maker Gujarat Fluorochemicals Ltd expects to add 31.5
megawatts of wind power capacity by the end of the month through a wind farm in
Rajasthan. It currently operates a 23.1
MW wind power farm in the western state of Mahashatra. The company has plans to
part-fund a diversification into wind power, aiming for a capacity of 1,000 MW
in five years.
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June 2, 2008
Wind energy major Suzlon group will begin generating power from a Rs
500 crore project in West Bengal project, the
largest windfarm in the eastern region, from the 2009-10 financial year. "We are aiming to begin generating power
and put in the grid from 2009 from the West Bengal
project," says Suzlon
Infrastructure Services Ltd (SISL) General Manager M Rao. The 50 MW wind farm will require about 700
acre and would be located at Dadanpatra near the sea resort of Digha, some 160
km from Kolkata.
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May 20,
2008
Tamil Nadu
is doing well on the wind power front. The state's power board is beefing up
its wind mill power infrastructure in order to harvest the full potential and
plans to sell surplus power to other states at a handsome profit. Tamil Nadu
Electricity Board (TNEB) will be spending around Rs.2 billion of the total
Rs.10 billion budget to strengthen the transmission and distribution (R&D)
network in the state this year.
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China View
May 6, 2008
The northwest
Chinese city of Jiuquan, famous as the nation's satellite launch center, has
been busy with a new mission to exploit its rich wind energy resources in the
hopes of becoming a global giant in the field of renewable energy.
Altogether 28 new wind farms, with a combined installed capacity of 10.65
million kilowatts, will be built around Jiuquan,a far-flung Gobi
desert city by the year 2015.
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Business Standard –
India
May 5, 2008
Power company PTC India Ltd has
reported over three-fold increase in profit after tax to Rs 19.22 crore for the
quarter ended March 31, 2008 compared to Rs 5.8 crore in the corresponding
period a year ago. The company reported a 39 per cent increase in profit after
tax for whole fiscal at Rs 48.7 crore against Rs 35.09 crore in the previous
fiscal, it said in a release. The Board has recommended dividend of 10 per
cent.
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April 22, 2008
The Asian
Development Bank (ADB) will extend rupee loans worth $113 million to the Indian
unit of CLP Holdings to partly fund wind
power projects, the bank said on Monday. Hong Kong's largest power utility, CLP
plans to set up two wind power projects in Gujarat
and Karnataka states at a total cost of 9.9 billion rupees ($248 million) and
add 183.2 megawatts in capacity in the two states.
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April 22, 2008
Samana Wind Farm, a CLP India initiative, was
inaugurated by Chief Minister Narendra Modi at a reception at the CLP power
plant at Bharuch, Gujarat. Energy Minister
Shri Saurabh Patel and Minister for Water and Irrigation Shri Nitin Patel also
addressed the gathering. CLP India will
invest US$125 million in the 100.8 MW
wind power project in Samana, Jamnagar, Gujarat.
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Daily Times - Lahore, Pakistan
March 26, 2008
The Pakistan Environment Protection Department (EPD) has
categorised energy sources with respect to their impact on the environment. According
to the department, hydropower energy, low sulphur furnace oil energy, wind
energy, solar energy, gas energy, heat energy, geothermal energy, biogas
energy, sugarcane molasses and tidal energy are environment-friendly power resources.
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Energy Bangla - Dhaka, Bangladesh
March 24, 2008
Bangladesh
authorities believe up to 1,000 MW of power could be generated from wind energy
by installing wind turbines along the coastline. At present 2 MW of power is
being generated by wind energy. It also claimed that around 600 MW of power
could be produced from bio-mass and around 300 MW from co-generation, using the
pulp of crushed sugarcane, for example.
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domain-B - Khandala, Maharashtra,India
March 19, 2008
There are 27 locations in the coastal areas of India
that have the potential for harnessing wind for power generation. This was
revealed subsequent to wind surveys carried out at 71 locations in the states
of Andhra Pradesh, Gujarat, Goa, Karnataka, Kerala, Maharashtra, Orissa, Pondicherry, Tamil Nadu and West Bengal, Lakshadweep,
and Andaman & Nicobar Islands.
Minister of state for new and renewable energy, Vilas Muttemwar, said a
target of 10,500 MW of wind power has been planned.
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UPI
March 12, 2008
India
said it will promote the setting up of commercial wind power projects by
providing financial incentives. Minister for New and Renewable Energy Vilas
Muttemwar said the government will
provide concessional import duty for wind electricity generator subsystems,
excise duty exemption and 10-year tax holidays on wind power projects. The
government also provides benefits of accelerated depreciation, term loans from
the Indian Renewable Energy Department Agency and identification of more
potential.
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Chennai, Tamil Nadu, India
February 21, 2008
New Delhi:
Biggest coal-based power generator NTPC Ltd plans an investment of Rs 6000
crore ($1.5 billion) to build capacity of 1,000 MW of renewable energy in 10
years, said a senior company official. This will include 650 MW of wind power. The company has decided to foray into
renewable power generation with a 100 MW wind power project, he added. In a recent meeting, NTPC's board of
directors granted approval for going ahead with the project.
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Pakistan Dawn - Karachi, Pakistan
February 12, 2008
The National Electric Power Regulatory Authority (Nepra) has
issued licences to five independent power producers (IPPs) for initiating wind
power projects in the country. Official
sources told Dawn that eight IPPs had completed feasibility studies on wind
power plants for generating 50KW each. Licences for the three IPPs, Zephyr
Power Ltd, Beacon Energy Ltd and Zorlu Enerji Ltd, were under process.
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Asia Times Online -Kowloon, Hong Kong
February 7, 2008
This substantial facility is in fact the largest
manufacturing site run by Indian wind energy major Suzlon, capable of producing
wind turbines with an annual capacity of 600 megawatts (MW). The facility, set
up with an investment of US$60 million, came on line in April 2007, making it
the first investment by an Indian company in China's rapidly expanding energy
sector. India and China are usually
associated as competitors in the energy business, particularly for hydrocarbon
resources.
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