Inox Green Energy board approves proposal to raise Rs 900 cr via IPO Updated On Tue, May 10th, 2022 by Saurenergy Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
SECI 750 MW Tranche X Wind Auctions- Adani Bids Rs 2.77 to win, Ayana at Rs 2.78 Updated On Tue, Mar 16th, 2021 by Saurenergy Life returned to the Wind Energy pipeline with the first pure wind energy auction by SECI in over 18 months. With a reserve price of Rs 2.99, Adani Renewable Energy walked away with a 300 MW allocation at Rs 2.77/kWh, while Ayana Renewable Power won 300 MW at Rs 2.78. Evergreen Power ventures Mauritius won […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
SECI Awards Only 970 MW of 2 GW Wind Tender, Vena and JSW Winners Updated On Mon, Aug 17th, 2020 by Saurenergy SECI recently concluded the auction for its 2 GW ISTS-connected wind projects tender, awarding 970 MW capacity to Vena Energy (L1) and JSW Energy (L2). The Solar Energy Corporation of India (SECI) recently concluded the auction for its 2 GW ISTS-connected wind projects tender. The nodal agency has awarded only 970 MW capacity to the […] Read more
APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC Updated On Thu, Jul 9th, 2020 by Saurenergy A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […] Read more
Leading Wind Turbine Suppliers in India in 2019 Updated On Tue, Jun 30th, 2020 by Saurenergy Here in this article, we list the top wind turbine suppliers in India for the year 2019, which saw a total of 2.4 GW in installations. India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019, and has the potential for more than 695 GW at 120 […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant Updated On Mon, Apr 27th, 2020 by Saurenergy Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […] Read more