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Latest Wind Energy News, Updates & Insights - from EAI

Latest Wind Energy News, Updates & Insights - from EAI

 

GE to Invest in India’s Wind Industry as part of a $1Billion Renewable Energy Plan

General Electric (GE) is set to invest in three Atria Power wind projects that are currently under construction, as part of its $1bn (£591m) commitment to expanding its renewable energy portfolio. The three projects are set to produce a combined annual capacity of 126 megawatt (MW), and are spread… read more →

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Govt to Tap Wind, Solar Energy Potential of Thar and Other Deserts

The Central Government proposes to tap the solar and wind energy potential lying unexplored in deserts in the country. The ministry of new and renewable energy has assigned a study to the Power Grid Corporation of India Ltd (PGCIL) to identify likely renewable power potential in desert regions, Piyush… read more →

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AMSC Announces New 2 Megawatt Wind Turbine Designed for Low-Wind Speed

"We believe that AMSC's new low wind speed turbine makes it possible to achieve a low cost of energy at the low wind speed sites that were previously inaccessible or not economically compelling. The new low-wind speed design is expected to lower cost of energy by as much as 12% compared to previous… read more →

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India is Fifth Largest Producer of Wind Energy T P Seetharam

India is the fifth largest producer of wind energy with the sector alone constituting 68% of the total renewable energy produced in the country, India's ambassador to the UAE T P Seetharam has said. Annual growth rate of renewable energy in India in the last decade has been about 22 per cent, said Seetharam,… read more →

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Suzlon plans to double India installations ahead of unit listing

Suzlon Energy Ltd., the Indian wind- turbine maker that defaulted on bonds, expects to more than double installations in its home market this fiscal year before a planned listing of its German unit. Chairman Tulsi Tanti said his top priority was to see the Suzlon group emerge more competitive from debt… read more →

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Big Investments for Indian Hydro, Wind Power

Indian energy producer Reliance Power Ltd. plugged into an 1,800 megawatt surge with a deal that is set to make it the largest private sector hydroelectricity provider in the country. Reliance, part of Anil Ambani's Reliance Group conglomerate, said it signed an exclusive memorandum of understanding… read more →

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GE Set To Invest In Indian Wind Industry Towards $1 Billion Annually

Energy monolith GE has announced that it will be investing equity in three Atria Power wind projects currently under construction in India — a move that goes a long way towards GE’s commitment to invest $1 billion annually in the global renewable energy industry. The announcement was made by GE’s… read more →

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General Electric Invests in Three Indian Wind Farms

A unit of General Electric (GE) has invested in three wind farms in India, with a total capacity of 126MW. The first 25.6MW wind farm, located in the state of Andhra Pradesh, is expected to be competed in September this year. The two other wind projects, which have a capacity of 50MW each, are located… read more →

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GE Invests in India Wind Power Projects

GE Energy Financial Services, a unit of New York-based GE, has invested equity in three wind power projects of Atria Power. The company did not disclose the details of how much was invested. The company said in a statement that the investment supports GE’s commitment to invest $1 billion annually… read more →

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Govt Restores Accelerated Depreciation Scheme for Wind Energy

"To encourage the wind energy programme, there is an accelerated depreciation. There was a confusion whether we have extended it or not. Members wanted it to be extended. I am, therefore, continuing with that accelerated depreciation" finance minister Arun Jaitley informed the Lok Sabha today. read more →

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