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Latest Wind Energy News, Updates & Insights - from EAI

Latest Wind Energy News, Updates & Insights - from EAI

 

Pakistan Can Produce 150,000 MW Power From Wind Energy

Pakistan has the potential of producing approximately 150,000 MW of power from wind energy sources. While referring to a recent report compiled by United States Agency for International Development (USAID), which adds that the wind projects can fetch an investment of around two billion dollars, Mr.… read more →

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Wind Energy Sector Receives $2.4 Billion in Corporate Funding

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the wind sector during the second quarter of 2014. Wind venture capital (VC) funding came in at $140 million in one deal, compared to $48… read more →

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Suzlon Announces 150 MW Of Wind Turbine Orders In India

Suzlon has announced turbine supply deals from a handful of new and existing customers in India with a combined capacity of 150 MW. The customers include corporate houses such as Malpani Group, Rajasthan Gum Group, KRBL and Sterling Agro Group and an assortment of small and medium enterprises. The projects… read more →

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EDC Secures $315 million Loan for Wind Farm Project

Listed geothermal and renewable energy producer Energy Development Corp. (EDC) has secured a $315-million loan from foreign and local banks to start the full-swing construction of the 150-MW Burgos Wind Project in Ilocos Norte. In a disclosure to the Philippine Stock Exchange Monday, EDC said the financing… read more →

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Siemens Signs Long-Term Wind Service Agreements in the US

Siemens has signed two long-term wind service and maintenance agreements at two wind projects in the US state of Washington. Siemens has been servicing the turbines at both sites since the start of commercial operation – 2007 for the White Creek Wind project and 2009 for Harvest Wind Project. Both… read more →

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Suzlon Energy Announces Plan For 300 MW Offshore Wind Energy Project In India

Indian wind energy giant Suzlon Energy has announced plans to set up a 300 MW offshore wind energy pilot project in the state of Gujarat. The integrated single window policy for offshore wind energy projects which is expected to be launched by next year has triggered Suzlon to come up with this project.… read more →

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Wind energy market in India is Expected to Reach US$ 31.25 Billion by 2022

India has set a target of achieving overall wind energy installed capacity of 27,300MW by 2017 and 38,500MW by 2022. As per NOVONOUS estimates, this creates an US$ 31.25 billion opportunity in the wind energy market in India till 2022. The total installed capacity of the Indian Wind Energy market is… read more →

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India’s Suzlon Energy Announces $2.5 Billion Wind Energy Investment Plan

Wind turbine maker Suzlon Energy has announced fresh plans to push on with extensive expansion of wind energy capacity across the state of Madhya Pradesh in India. Suzlon Energy, among the leading wind turbine manufacturers and wind energy project developers, has announced plans to set up a manufacturing… read more →

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Oman Plans First Wind Project

A 50MW wind project in Oman looks set to be built, according to the country's Rural Areas Electricity Company (RAECO). A deal will be signed with renewable investment firm Masdar, which will fund the $200 million project. Up to 25 turbines are planned. The new wind development will be located on a 200… read more →

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Electricity Generation from Onshore Wind Cheaper than Coal, Gas and Nuclear

Onshore wind costs less when compared to gas, coal and nuclear, according to a study. The study, ordered and endorsed by the European Commission, revealed that generating electricity from onshore wind has an approximate cost of €105 per megawatt hour compared with up to €164 for gas, €133 for… read more →

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