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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

By : Sustainability ..., Apr 30, 2020

The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent and 4 percent since the second half of 2019 – to USD 44 and USD 50/MWh, respectively...

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IL&FS completes sale of IL&FS Wind Power Services amid lockdown

By : Sustainability ..., Apr 17, 2020

IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and management support services to seven...

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Vestas Wind A/S : Wind turbine maker Vestas suspends 2020 outlook amid coronavirus

By : Sustainability ..., Apr 8, 2020

Vestas, the world's largest maker of wind turbines, suspended its 2020 outlook on Tuesday as measures to curb the spread of the coronavirus disrupted its manufacturing, supply chain and installations at wind parks. The suspension comes at a time when demand for renewable...

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India’s cultivable land has the highest potential for wind energy generation: NIWE

By : Sustainability ..., Feb 26, 2020

India’s cultivable land areas have the highest potential ﹘ compared to wasteland and forest land ﹘ for installing wind energy projects at an estimated 347 gigawatt (GW) at 120 metre above ground level, according to a report by the National Institute of Wind Energy. It added...

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Parliamentary panel pulls up MNRE for missing renewable energy targets over years

By : Sustainability ..., Feb 14, 2020

The Parliamentary Standing Committee on Energy has pulled up the Ministry of New and Renewable Energy (MNRE) for failing to meet the targets for capacity addition over years. The failure could hamper the efforts at meeting the larger national target of reaching 175 Gigawatt (...

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In a world-first, India’s dozen major ports now run fully on renewable energy

By : Sustainability ..., Feb 12, 2020

The dozen state-owned major ports in the country have switched to renewable energy to meet their entire power requirements, making India the first nation to have all government-owned ports running on solar and wind energy. Under a ‘green port’ initiative, the Shipping...

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India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI

By : Sustainability ..., Feb 11, 2020

According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the 77 GW capacity it had reached at the end of 2019. “Notwithstanding the various operational and financial challenges and growing...

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Siemens Gamesa beats Suzlon to lead wind turbine market in India

By : Sustainability ..., Feb 10, 2020

India has added 2.4GW of new wind capacity in 2019 against 2.3GW in 2019, according to research report from BloombergNEF (BNEF). Siemens Gamesa Renewable Energy has emerged as the top wind turbine supplier in 2019 in India, beating Suzlon. Vestas, Inox Wind, GE Renewable...

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Ceiling tariff in wind energy tenders to go

By : Sustainability ..., Feb 7, 2020

In a move that could revive participation in wind bidding in a big way, the ministry of new and renewable energy (MNRE) plans to stop imposing ceiling tariffs on wind tenders, according to sources close to the development. Recent wind and solar auctions conducted by the Solar...

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SECI's wind energy tender gets cold response for fourth time

By : Sustainability ..., Jan 20, 2020

State-owned Solar Energy Corporation of India's 1,200 MW wind tender has failed to get the minimum number of bids for the process to continue, the fourth time in a row, highlighting the difficulties faced by the country’s wind industry. Solar Energy Corporation of India (SECI...

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