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Japan’s Orix Corporation to Buy Out 7 Wind Energy Farms of IL&FS

The intent to buy 51 percent stake is in the exercise of Orix’s right under the terms of an existing MoU, wherein Orix can match the price offered by the highest bidder for purchasing IWEL’s stake in the wind SPVs. Japanese financial services group, Orix Corporation, which owns a minority stake of 49 percent in […]

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E.ON and Duke Energy Begin Construction on their Windfarms in Texas

E.ON and Duke Energy have both announced their plans to develop 200+ MW windfarms in Texas. E.ON’s 220 MW Cranell Windfarm and Duke’s Mesteño wind farm are both expected to come into operation before the end of the year. Germany-based electric utility company, E.On has announced that the Cranell Windfarm, a 220 megawatt (MW) project, […]

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Extensive Wind, Solar Farms Vow Rains in Sahara

Substantiating the statement, the scientists told that large-scale wind and solar farms in the Sahara could provide enough energy to replace the fossil fuel energy used currently and in the foreseeable future. As a speculative breather to the dry and scanty Sahara Desert, Scientists of University of Maryland asserts that large scale wind and solar […]

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Swancor, Adani Partner To Develop Recyclable Wind Farm In India

Chemical manufacturing company, SWANCOR Holding Co. recently signed a Memorandum of Understanding (MoU) with Adani New Industries Limited to officially initiate the partnership for building one of the first recyclable wind farms in India. India is striving to reach 140 GW of installed wind power capacity by 2030. This project can support the rapid growth […]

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Top 5 Trends Shaping the Global Wind Power Industry in 2025

The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […]

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Q3: Britain Sets Wind Energy Record With 22.5 GW Contribution

New data showed that renewables generated over half of Britain’s power for four consecutive quarters with wind energy setting another record in the United Kingdom (UK). Britain’s onshore and offshore wind farms set a new record by generating 22.5 gigawatts (GW) of clean power on Wednesday morning (18th December), providing 68.3% of the country’s electricity […]

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Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity

The Meghalaya government recently released its policy to execute and expand solar power generation in the state, aiming to increase its solar power capacity from the current 4.28 MW (Till Nov. 2024). The latest policy released by the state allows short-term power purchases on behalf of the State Distribution Utility, entering into Power Purchase Agreements […]

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Is India Ready To Welcome Its Largest Ever Wind Turbines?

Dongfang Electric Corporation, a Chinese wind turbine manufacturer, made waves in the global wind market this month by launching the world’s largest wind turbine, with a capacity of 26 MW. This massive turbine was specifically designed for a wind project near Fujian in China. Chinese manufacturers are widely recognized for producing some of the largest […]

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CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules

The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […]

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