Wind

Vietnam’s Position as Leading Wind Market in Southeast Asia is Under Threat: GWEC 

The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new […]

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Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two

Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […]

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India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA

ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […]

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Inox Wind Approves Allotment of Rs 199 Cr NCDs to Investors

Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors Inox Wind has confirmed that a committee of its board has approved the allotment of non-convertible debentures (NCDs) worth Rs 199 crore to identified investors. The firm announced that Board […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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Renewables can Help Kosovo Break From Coal-Powered Past: IEEFA

Strong performance by its first large-scale wind and solar farms shows that Kosovo can exploit falling renewables costs to move away from fossil fuel. Strong performance by the first large-scale wind and solar farms in Kosovo shows the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with […]

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Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report

A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […]

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What Next for China’s Offshore Wind Industry Post-2021: GWEC

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […]

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