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Suzlon Regains Top Position in India Wind-Turbine Market

By : Sustainability ..., Jun 25, 2014

Suzlon Energy Ltd. (SUEL) regained its position as India’s top wind-turbine supplier from Wind World (India) Ltd. as agreements to reschedule its debt allowed it to complete orders in a resurgent market.

The Pune-based company installed 403 megawatts of turbines out of...

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Clean Power Funding Easier as Investors Seek Simplicity

By : Sustainability ..., Apr 10, 2014

 Simplifying finance vehicles for renewable energy will lure more investors and lower the costs of capital.

“Renewable power requires a lot of explanation,” Jim Barry, the head of renewable power investing at BlackRock Inc., said during a panel discussion today at the...

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Subject Tags: Bloomberg , energy

SunEdison Drops Indian Solar Project on Supply Concerns

By : Sustainability ..., Apr 8, 2014

 BlackRock Inc.-backed SunEdison Inc. (SUNE) dropped a solar power project in India as local equipment shortages and prices make it unviable.

SunEdison is giving up the 20-megawatt project it won in an Indian government auction in February on concerns that local cell...

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Subject Tags: Bloomberg , Sunedison Inc

Michael Bloomberg named UN Chief's special envoy for climate change

By : Sustainability ..., Feb 17, 2014

N chief Ban Ki-moon has appointed former New York City mayor Michael Bloomberg as the first special envoy for cities and climate change.

Bloomberg will assist the Secretary-General in his “consultations with mayors and...

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Subject Tags: Bloomberg , United Nations

Ming Yang Wins First 150-Megawatt Turbine Order in India

By : Sustainability ..., Dec 10, 2013

 China Ming Yang Wind Power Group Ltd. (MY) won a 150-megawatt order in India after becoming the first Chinese turbine maker to receive approval to sell machines in Asia’s second-biggest wind market as sales slow at home.

The project by an undisclosed developer in...

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Thin-Film Solar Tops India Panel Performance, BNEF Says

By : Sustainability ..., Oct 6, 2013

Indian solar plants using silicon-free panels, mostly supplied by First Solar Inc. (FSLR), emerged as the best performers in the first year of operation, Bloomberg New Energy Finance said.

An analysis of 33 projects in Gujarat, India’s biggest state for solar...

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Subject Tags: Bloomberg , India

India’s Ultra-Mega Solar Plant to Sell Record-Low Power

By : Sustainability ..., Oct 4, 2013

 India plans to sell power at a record-low rate from a 4-gigawatt solar photovoltaic farm that will more than double the nation’s sun-powered capacity.

Six state-owned companies, including Bharat Heavy Electricals Ltd. (BHEL) and Power Grid Corp. (PWGR) of India Ltd.,...

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Subject Tags: Bloomberg , India

India Tells Wind Farms to Forecast Power or Face Fines

By : Sustainability ..., Jul 16, 2013

ndia will fine wind farms that fail to set accurate day-ahead forecasts for power output, passing on risks to owners like CLP Holdings Ltd. (2) and Tata Power Co. (TPWR) after volatile generation led to the world’s biggest blackout.

A directive enforcing the fines...

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India Risks Spain’s Solar Slump With Move to Cut Tariff

By : Sustainability ..., Jul 11, 2013

India’s biggest solar power-producing state is seeking to cut the subsidized rate it pays to plants by 28 percent, joining governments from Spain to Greece backtracking on clean-energy support to lower costs.

Gujarat Urja Vikas Nigam Ltd. is asking for permission to...

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India Plans to Revive Wind-Farm Tax Break, Raise Subsidy

By : Sustainability ..., Jun 25, 2013

India plans to revive tax breaks for wind farms after the expiry of earlier incentive programs led to a 47 percent slump in installations, according to two government officials with direct knowledge of the matter.

The Ministry of New and Renewable Energy proposed to...

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Subject Tags: Bloomberg