Siemens Gamesa Expects India Wind Tariff Bids To Increase
Despite a 30% cut in wind energy tariffs in India over a period of just 10 months, Siemens Gamesa India CEO expects the trend to reverse in the coming months.
Despite a 30% cut in wind energy tariffs in India over a period of just 10 months, Siemens Gamesa India CEO expects the trend to reverse in the coming months.
A private firm, which evaluated the generation-based incentive scheme in India has proposed to incentivise utilities to purchase wind power.
India plans to add 12 GW solar power, 4 GW wind energy, 500 MW biomass-based power and 225 MW small hydro power capacity between April 2016 and March 2017.
Approval shall be subject to the turbine model meeting international specifications.
Officials of the Ministry of New and Renewable Energy have stated that the first-ever wind energy auction in India will be competed by next month.
Project developers are apprehensive about India’s latest wind energy policy which calls for large-scale auction of projects. The uncertainty amongst wind energy project developers in India originates from the fact that there is lack of clarity on the extension of crucial incentives like the accelerated depreciation and generation-based incentive. These two support mechanisms have been
Buoyed by a good monsoon and availability of transmission network, the availability of wind energy in the southern Indian state of Tamil Nadu has got 1 GW of surplus wind energy this season. The state government of Tamil Nadu has asked the central government to allow it to sell this surplus 1 GW wind energy
India may soon launch its first-ever auction for wind energy projects as it plans to keep the investors interested even as some crucial financial incentives are set to expire by early next year. The Ministry of New & Renewable Energy has issued a proposal to auction 1 GW of wind energy capacity across various states
The Ministry of New and Renewable Energy (MNRE) in India has come out with most ambitious capacity addition target of 16,600 MW for renewables this fiscal year. According to MNRE, during the current fiscal solar capacity is expected to reach its largest-ever capacity addition target of 12,000 MW which would be followed by wind (4,000
The Indian Ministry of New and Renewable Energy has issued draft guidelines for the installation of onshore wind energy turbines. The new regulations will make sweeping changes in the guidelines issued in 1996. The regulations have been updated in order to attract new turbine makers and investors. The guidelines have done away with the mandatory
Wind energy companies are India faces tough times ahead as critical incentives for project developers are set to expire in one year. According to sector analysts, and some developers themselves, annual capacity addition in the wind energy sector is expected to see it final bloom this financial year. The Generation-based Incentive, or GBI, is set
As India targets 60 GW installed wind energy capacity by 2022 the government is looking to push the industry towards more efficient and larger capacity wind turbines. The Ministry of New & Renewable Energy recently announced a draft policy for repowering old wind turbines. The policy essentially calls for the replacement of all wind turbines
India apparently has a TON more wind energy potential than previously thought, according to a new study by the U.S. Lawrence Berkeley National Laboratory (LBL). Here’s more from sister site CleanTechnica: [repostus hash=84026f856237812c8767c7fbead47a73 title=New%20Study%3A%20India%20Wind%20Energy%20Potential%2020-30%20Times%20Greater%20than%20Official%20Estimates host=Clean%20Technica short=17YMH]