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Windpower - Far East

869 Posts
Pagina: «« 1 ... 3 4 5 6 7 ... 44 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 6 juni 2014 20:48
    Greenko commissions 50 MW wind farm in Karnataka

    Renewable energy company Greenko has commissioned a 50 MW wind farm at Basvanbagewadi farm in Karnataka and has begun supplying power to the grid.

    This is part of Phase-II expansion at the Basvanbagewadi wind farm, which includes 51.2 MW in Phase-I. Along with Mangalore wind farm of 15 MW and Matrix farm of 15 MW, which have already been commissioned, this farm now has a total capacity of 131.2 MW.

    With the commissioning of this farm, the Greenko’s total generating capacity is 611 MW.

    Mr Anil Chalamalasetty, CEO of Greenko, said that “The company's strategy of building large farms in a phased manner connected to high voltage transmission systems enables Greenko to deliver predictable and profitable growth. We expect to reach about 700 MW operating capacity to capture the season.”

    According to latest filings, the new farm has begun supplying to the grid and to global technology companies and commercial customers through a 10 year power purchase agreement.

    This project has been set up with an investment of EUR 45 million and uses Gamesa turbines. The project has access to grid and can evacuate about 180 MW. This was completed in October 2013.

    The company expects to have an installed capacity of 1,000 MW by 2015.

    Source - Strategic Research Institute
  2. forum rang 10 voda 13 juni 2014 19:41
    Indian wind sector wants government's helping hand

    Much will depend on the outcome of the national elections to be held in May 2014 in India, wrote the authors of the Global Wind Energy Council’s Market Forecast 2014 to 2018 report a few months back. That about sums up the mood of the wind industry in India.

    After suffering for 2 years after the withdrawal of 2 key tax breaks, the Indian wind industry surprised everybody by adding 800 MW in March last year after one of the withdrawn sops, the ‘generation-based incentive’ or GBI was brought back.

    In 2013 to 2014, India saw addition of fresh installations of 2,146 MW, up from 1,700 MW in the year before but much lower than the 3,200 MW it achieved in 2011 to 2012.

    Now, as the new Government settles in, the industry hopes for a helping hand.

    The GWEC report noted that the paralysis that currently plagues New Delhi, resulting in the stop-start policy situation, which has hampered market growth over the last 2 years, will hopefully come to an end.

    The wind industry is today harmed by too many niggles, from land acquisition and right of way issues, to evacuation infrastructure and low tariffs in some states. In its dying days, the previous UPA Government came up with a ‘National Wind Mission’, which, the industry hoped, would help sort out these issues.

    This is what the industry expects the Government to do. GWEC commented back then that while the new National Wind Mission was a welcome step, what is really needed is clear, stable national policy and government investment in infrastructure, strengthening transmission.

    Mr Modi Government and its familiarity with renewable energy, the BJP has a ‘Renewable Energy Cell’ is expected to deliver this. As if on a cue, some good news has come from Tamil Nadu, the windiest state in the country, the State Government has withdrawn a 5 year ban and has allowed power producers within the State to sell their electricity outside the State, something the wind power industry wanted.

    Source - PTI
  3. forum rang 10 voda 15 juni 2014 17:01
    Indian wind power sector has potential to add 3,000 MW this year

    According to the Indian Wind Turbine Manufacturers Association, the wind energy industry in the country would see an addition of around 3,000 MW of capacity during the year compared to 2,100 Mw last year.

    The association also expects to forge an alliance with the Wind Independent Power Producers’ Association, an organisation of IPPs, to raise common issues with the government.

    Speaking to reporters on the sidelines of Renergy 2014, Mr Madhusudan Khemka, chairman of IWTMA and MD of ReGen Powertech, said that “At an all-India level, this year we expect an addition of around 3,000 MW. If the accelerated depreciation is also there, this will increase another 1,500 MW or more.”

    Renergy 2014 is an international conference and expo on renewable energy organised by the Tamil Nadu government’s Tamil Nadu Energy Development Agency.

    He said that the association is seeing more investments in states like Rajasthan, Madhya Pradesh and Maharashtra on wind power and this should be considered a positive sign. However, in Gujarat, where there is an installed capacity of around 3,000 MW of wind power, the industry is waiting for some policy changes related to accelerated depreciation.

    He added that in Tamil Nadu where the addition of wind power was not up to the earlier trends for over more than one year, the industry is upbeat in the near term. With the increasing evacuation capacity, the state is expected to see an increase in capacity addition.

    The total installed capacity of wind energy in Tamil Nadu is 7,248 MW. This is almost 40% of the total installed wind energy capacity in the country, according to Tamil Nadu Energy Development Agency. The state government recently announced the removal of restrictions and control on wind power evacuation and withdrawal of all load shedding in the state which has come as a breather to the industry which has been suffering various issues in the state in the recent past.

    Mr Khemka said that “While the state might see an addition of around 300 MW this year, it would grow faster in the next two years. During 2011-12, the industry has added around 1,000 MW of wind energy in Tamil Nadu and we are expecting to repeat the same kind of installation in next two years. According to industry sources to set up one mega watt of wind farm it would cost around INR 6 crore.”

    At present, of the 225,000 MW of installed power capacity, around 20,000 MW is from wind and around 2,600 MW is solar power.

    He added that “The association, which has 19 members, is planning to forge alliance with WIPPA, which has around 30 members, as a common platform to raise the common issues to the government. Together, we represent almost 70-80% of the wind power industry in the country.”

    Source – Business Standard
  4. forum rang 10 voda 20 augustus 2014 19:40
    India ranks 5th amongst top 10 wind power producers in the world

    PTI reported that India ranked 5th amongst top 10 wind power producers in the world by adding 1,700 MW capacity in 2013.

    Renewables 2014 Global Status Report said that "China was the leading wind power producer by adding 16,100 MW capacity in 013, followed by USA, Germany and Spain."

    The report said that by the end of 2013, China, the US, Brazil, Canada and Germany remained the top countries for total installed renewable power capacity.

    According to the report, over the past few years the levelised costs of electricity generation from onshore wind and particularly solar PV have fallen sharply which has resulted in an increase in wind and solar power projects being built without public financial support.

    In terms of annual investment in the wind energy sector and production, China ranked No.1 followed by Germany, UK, India and Canada.

    Worldwide more than 35,000 MW wind power capacity was added taking the total number to 3,18,000 MW in 2013 to which India contributed 1,700 MW.

    The wind industry continued to be challenged by downward pressure on prices, increased competition among turbine manufacturers, decline in key markets among other reasons.

    About 40,000 MW of new hydro power capacity was commissioned in 2013 increasing the total global capacity by 4% to approximately 1,000,000 MW.

    By far the most capacity was commissioned in China (29,000 MW), with significant capacity also added in Turkey, Brazil, Vietnam, India and Russia.

    India, which added more than 4,000 MW renewable capacity in 2013 also plans to increase the capacity to 55,000 MW by 2017 from the current level of around 30,000 MW.

    Source - PTI
  5. forum rang 10 voda 21 augustus 2014 17:05
    ArcelorMittal SA fulfils a pivotal role in wind energy sector in South Africa

    It is reported that ArcelorMittal South Africa has over the last few years fulfilled a pivotal role in the wind energy sector by providing high strength structural steel for wind towers and concrete-reinforcing bars for foundations.

    The company is now preparing to grow this part of the business by working in partnership with all tower manufacturing facilities in South Africa.

    These facilities include DCD Wind who commissioned their facility in Coega recently and has the capacity to produce 110 towers per year and Gestamp Renewable Industries who is in the process of constructing a wind tower manufacturing facility in Atlantis in the Western Cape. This facility will have the capacity to produce 150 wind towers per annum.

    As part of ArcelorMittal South Africa’s strategy to increase supply of the very heavy plates required by wind towers, the company is also in the process of finalising the upgrade of its Plate Mill to produce plates of up to 11 tonne of steel. This upgrade is planned for the Q4 of 2014 and the production of heavier plates will commence from January 2015. This project will not only enable the company to increase throughput, but also to increase market share by reducing the need to import these heavy plates.

    Mr Jan Kotze, Product Manager for Plate & Renewable Energy Projects at ArcelorMittal South Africa, said that “At the same time ArcelorMittal South Africa is undergoing discussions with some of the major International Wind Tower OEM’s like Nordex, Siemens and Vestas to supply steel for more wind farms in rounds two and three of government’s renewable energy initiative.”

    Mr Kotze said that “ArcelorMittal South Africa’s role in round two of the wind energy programme is to supply steel for 20 wind towers to a Vestas Wind Farm called the Grassridge Wind Energy facility situated in Eastern Cape. The total requirement for these towers were 3,000 tonne of steel where ArcelorMittal South Africa have provided 2,200 tonne and the remaining 800 tonne have been imported from Gigon in Spain.”

    Mr Kotze added that “Steel is used to create more than 80% of the components required to build wind turbines. Valued for its strength, flexibility and durability in the field, steel is also 100% recyclable, making wind energy truly renewable.”

    Round one of the wind energy programme to supply 634 MW of wind energy was initiated in 2013 and will reach completion in 2015. This round involves building eight wind energy farms across the Eastern and Western Cape. These include Dassieklip Wind Energy, Metrowind; Van Stadens, Hopefield Wind Farm; Noblesfontein; Red Cap Kouga Wind Farm; Oyster Bay, Dorper Wind Farm; Queenstown, Jeffrey’s Bay Project and the Cookhouse Wind Farm.

    Round 2 of the wind energy programme, comprising of 7 wind energy projects, is currently underway and will see 565 MW of wind energy generated upon completion of the project.

    Round 3 of the wind energy project to produce 787 MW of wind energy, targets 7 projects and will reach completion post 2016.

    The provision of wind energy projects forms part of the Governments Integrated Resource Plan (IRP) which aims to supply a total of 3,725 MW of renewable energy by 2016 and 17,800 MW by 2030. South Africa has fair wind potential especially along the coastal areas of the Western and Eastern Cape and is a prime location to implement wind energy which forms part of the government’s renewable energy strategy to manage electricity usage and reduce the use of coal as an energy source.

    Source - www.cbn.co.za
  6. forum rang 10 voda 7 november 2014 15:32
    Suzlon launches 12 meter tall new hybrid wind tower in Kutch

    Business Line reported that wind energy major Suzlon has developed a new hybrid wind turbine generator that is nearly one-and-a-half times taller than the conventional wind turbine.

    The first of the 120 meter tall hybrid tower was launced at a wind farm at Naniber in Kutch diistrict of Gujarat by Ms Anandiben Patel, CM of Gujarat.

    The wind farm currently has an installed capacity of 1,100 MW and Suzlon expects to take this to 2,000 MW in the next 3 to 4 years.

    Mr Tulsi Tanti, Chairman of Suzlon Group, said that "As the wind speed increases at more heights, this turbine will produce 12% to 15% higher energy at the same location making the project competitive and viable."

    The new turbine, whose cost is around 5% higher, can produce around 56 lakh units per annum against 50 lakh units for the 90 meter turbine.

    He said that as it is suited for low wind speed sites, the potential for wind energy in India can double from 1,00,000 MW.

    Source – Business Line
  7. forum rang 10 voda 21 november 2014 15:04
    TATA Power Renewable Energy to invest in wind energy projects

    Economic Times reported that the TATA group's renewable energy arm is in talks to invest in a wind energy firm, revving up deal activity in a sector that has lured General Electric, Goldman Sachs and the Asian Development Bank, as the company seeks to achieve its goal of adding as much as 300 MW to its portfolio annually.

    Mr Rahul Shah, CEO of TATA Power Renewable Energy, said that "We are currently speaking to three wind power companies based in Tamil Nadu, Karnataka and Maharashtra. We hope to close a deal soon as we have a target of adding 200 MW to 300 MW of green energy projects into our portfolio this year, which can be done both organically and inorganically."

    Mr Shah said that "All these companies that we are speaking to own operating projects that have very competitive tariffs."

    He didn't say how much the company would spend on the acquisition or who owns the target companies. TPREL, a wholly owned subsidiary of TATA Power, was incorporated in 2007 to house the company's renewable energy assets. India's renewable energy sector has drawn investors, especially after PM Mr Narendra Modi said clean energy will play a key role in the government's goal of providing electricity to all 400 million Indian homes that are currently without power.

    According to data on the Central Electricity Authority website, in April, GE Energy Financial Services invested USD 24 million in a 151 MW solar photovoltaic power project put up by Welspun Renewables in Madhya Pradesh. In July, Goldman Sachs, ADB and the South Asia Clean Energy Fund pumped in USD 140 million into wind and solar energy firm ReNew Power, promoted by Mr Sumant Sinha, former CEO of Suzlon Energy. India's national action plan on climate change recommends that the country generate 10% of its power from solar, wind, hydropower and other renewable sources by 2015 and 15% by 2020. India had an installed power generation capacity of 254,049 MW at the end of September, of which 31,692 MW, or about 12%, is from renewable sources.

    TATA Power had earlier said that all the new capacity it plans to add over the next 2 years almost 800 MW would comprise of projects in the wind, hydro, solar and wastegas space. The company has an installed generation capacity of 8,615 MW, of which more than 1,200 MW is from renewable sources.

    On whether renewable energy can compete with thermal power in India, Mr Shah said that "The cost of operating a thermal power plant will escalate, unlike a renewable project where the costs are static for, say, the next 25 years. Also, unlike before, now the costs of setting up renewable energy plants have rationalised and tariffs are almost at grid parity."

    TPREL is currently developing 2 wind projects in Maharashtra, a 126 MW hydro project in Bhutan in a venture with the Government of Bhutan that is close to being commissioned, 185 MW of hydro power projects in Georgia and wind projects in South Africa.

    Source – Economic Times
  8. forum rang 10 voda 27 november 2014 16:48
    TATA Power wins Wind Farm Operator of the Year - Agaswadi Wind farm

    TATA Power, India's largest integrated power company has constantly endeavored to have exemplary performance in its areas of operations. In recognition of this commitment, TATA Power has been bestowed the 'Wind Farm Operator of the Year - Agaswadi Wind farm' at the Wind Independent Power Producer Summit 2014. The award was presented by Mr TN Thakur, former CMD of PTC India and Mr Dilip Nigam, Director of MNRE. Mr Paresh Sahasrabudhe, Head of Wind Operations received the award on behalf of TATA Power.

    TATA Power has a robust portfolio of wind power comprising of 462.6 MW of installed Wind generating capacity making it one of the largest renewable players in India. The wind farms of the Company are spread across 5 states viz. Maharashtra, Tamil Nadu, Gujarat, Karnataka and Rajasthan which are the leading states in promoting wind power generation in India. The Company continues to pursue avenues to add 'clean and renewable energy generation capacities to increase renewable energy portfolio. The Agaswadi wind farm in Maharashtra has an installed capacity of 49.50 MW.

    Speaking on the accolade, Mr Anil Sardana, MD and CEO of TATA Power, said that "TATA Power has strived to work in line with its mission to become the most admired and responsible Power Company delivering sustainable value by operating our assets at benchmark levels. The Company has endeavored to lead the reform process for sustainable power and is committed to safeguarding the environment for future generations. Our founder, Shri Jamshetji Tata, vowed to provide the country and its people with cheap, clean and abundant power. TATA Power continues to make good on that promise and takes pride in lighting up lives. We have introduced pioneering initiatives and responsible business practices that have a minimal impact on the environment in our quest to deliver sustainable energy. We are extremely honoured to have been bestowed with this recognition and aim to align our goals with the new government's vision to promote clean energy in India's energy mix."

    TATA Power has 4 of its renewable energy projects registered under the Clean Development Mechanism programme of the United Nations Framework Convention on Climate Change. These projects include the 50.4 MW Gadag project, the 50.4 MW Wind project at Khandke and the 50.4 MW Wind project at Samana in Maharashtra. The 4th project is the 25 MW Solar project at Mithapur, Gujarat.

    Instituted in 2011, the Wind IPP Summit 2014 is India's premier wind energy event which presents an international platform for the wind energy industry to showcase and demonstrate its latest products and services. Participating wind power companies such as IL&FS, Orange Renewable Power, Panama Wind, ReNew, Bharat Light and Power and WelSpun Renewable Energy Private Limited were judged based on the operational performance for the year 2013 to 2014. TATA Power participated for the first time at the international platform which created an insightful dialogue on research, industry, policies and business of wind energy.

    Source – Strategic Research Institute
  9. forum rang 10 voda 11 december 2014 16:51
    Welspun wins INR 630 crore funding for 126 MW Rajasthan wind project

    Business Line reported that Welspun Renewables Energy has secured INR 630 crore of debt funding from a consortium of financial institutions for its 126 MW wind project in the Pratapgarh district of Rajasthan.

    The company is buying GE's 1.6 MW machines for 64 MW and Gamesa's 2 MW machines for 62 MW.

    The project is scheduled to be completed by June 2015. The power generated will be sold to Rajasthan’s electricity distribution company for a price of INR 5.93 a KWhr.

    The project will be constructed by Welspun Energy Rajasthan Private Limited.

    Welspun Renewables Energy is predominantly into solar power and has 328 MW of solar plants in operation and another 600-odd MW in the pipeline. It has 20 MW of wind assets, but the Pratapgarh project is its first major foray into wind.

    Welspun said that the offers for debt totalled to twice the amount sought.

    Source – Business Line
  10. forum rang 10 voda 17 december 2014 16:43
    TATA Power commissions a 32 MW wind farm in Maharashtra

    PTI reported that private power utility TATA Power has announced the commissioning of the remaining 8 MW of the 32 MW wind farm at Girijashankarwadi in Maharashtra.

    The company said that “With this commissioning, TATA Power’s total wind generation capacity stands at 470.6 MW.”

    The wind farm is expected to generate approximately 62 million units per year which will be procured by TATA Power-Distribution towards fulfilment of its Renewable Purchase Obligation.

    With this commissioning, TATA Power’s total generation capacity stands at 8,623 MW.

    The company has wind farms located across 5 states; Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka.

    TATA Power has developed this project through its 100% subsidiary, TATA Power Renewable Energy Limited.

    TPREL also has a further 300 MW of wind capacity under development and construction in Maharashtra, Gujarat and Rajasthan.

    Mr Anil Sardana, MD of TATA Power, said that “Wind energy is an important part of our renewable energy portfolio and we aim to add 150 MW to 200 MW annually. We are committed to reducing our carbon footprint through the generation of 20% to 25% of our total capacity through clean and renewable energy sources.”

    Source – PTI
  11. forum rang 10 voda 23 december 2014 20:15
    Outlook Foresees World Wind Market Revival

    By | Sonal Patel

    Through 2014, 47 GW of new wind power capacity will be installed in China, Brazil, South Africa, Mexico, and other emerging markets, marking a sharp recovery for the global wind industry after four years of relatively flat growth, the Global Wind Energy Council (GWEC) predicted in its Global Wind Energy Outlook 2014 (GWEO).

    The sluggish growth was in large part caused by a combination of low or negative demand growth in developed countries and policy instability in key markets, GWEC head Steve Sawyer told reporters at the outlook’s release in October. According to the GWEO, the last significant jump in annual market size was in 2009. “Since then, it has hovered around the 40 GW mark, with major ups and downs in the US, an end to the exponential growth in the Chinese market and little or no growth in Europe.”

    But that’s slated to change. Under the most aggressive of three growth scenarios, worldwide installation of wind could reach 2,000 GW by 2030, Sawyer said, with at least 500 GW in China. Under the moderate scenario, about 712 GW would be installed by the end of the decade and 1,479 GW around the world by 2030.

    In Africa, where wind farms are currently centered in North Africa—but where wind resources are best around the coasts and eastern highlands—installations are expected to soar in Egypt, Morocco, East Africa (Figure 2), and particularly, in South Africa. In South Africa, only 10 MW of capacity was in operation in 2013, but by the end of 2014, 1 GW will be online.

    2. A whirlwind for world wind. The Global Wind Energy Council anticipates a significant jump in the world’s wind market, driven by emerging markets in Africa, Asia, and South America. In November, for example, Iberdrola completed construction of Kenya’s first wind farm, the 13.6-MW Ngong II project. In December construction began on the 300-MW Lake Turkana wind farm in Kenya, an $800 million project that will become Africa’s largest installation when completed in early 2017. This image shows blades arriving for a Kenyan wind farm. Courtesy: Iberdrola

    China, which leads the world in installed wind capacity, is seeing a market slowdown as discussions about lowering its feed-in-tariff for wind power continue. However, offshore wind development is booming, noted the report. The country has 428.6 MW of installed offshore capacity and seven offshore projects under construction that will put about 5 GW more online by the end of 2015.

    Brazil, Latin America’s largest economy, is also shying away from its historic reliance on hydropower and banking on wind. By the end of 2013, its total installed capacity stood at more than 3.4 GW; by August 2014, it had broken the 5-GW mark; and by the end of 2014, it is expected to have installed 7 GW.

    Even the U.S., which saw a slowdown following expiration of the production tax credit at the end of 2013, is expected to see growth, GWEC anticipated. At the end of 2013, more than 12 GW of new generating capacity was under construction and 60 long-term contracts were signed. “The industry has at least two good years ahead of it,” said the report.

  12. forum rang 10 voda 19 januari 2015 16:49
    Nalco to double wind power generation capacity to 200 MW

    PTI reported that state-owned aluminium maker Nalco has devised a plan to double its wind power generation capacity to 200 MW with an investment of INR 700 crore.

    Mr Ansuman Das, CMD of Nalco, said that "We have decided to install an additional 100 MW wind power generation capacity to our existing 100 MW capacity. An investment to the tune of INR 700 crore will be required for the addition."

    Mr Das said that the company has already floated an open tender seeking expression of interests from project developers and the developer would be finalised in a couple of months.

    He said that "We will consult with developers on the location for the project. This could be done in one location or in a couple of locations."

    Apart from meeting renewable power generation obligation, the wind power project would help Nalco to widen its green energy and revenue baskets.

    Nalco has 1,200 MW captive power generation capacity. The unit provides entire electric power requirement of aluminium smelter of the company and also feeds for 35 MW of the power requirement to the alumina refinery through the state grid.

    The existing capacity of 100 MW wind energy is located in Andhra Pradesh and Rajasthan. The Gandikota unit with 50.4 MW capacity in Andhra Pradesh was commissioned in December, 2012. Its second wind power plant of 47.6 MW capacity at Jaisalmer in Rajasthan was commissioned in January last year. Both the plants are in operation.

    Source - PTI
  13. forum rang 10 voda 23 januari 2015 19:45
    Indian government plans sops for renewable energy sector

    It is reported that the government plans to announce a special package of fiscal incentives in the budget next month to boost the growth of the country’s renewable energy sector with a focus on increasing India’s wind power generation capacity to 60,000 MW by 2022.

    Mr Arun Jaitley, finance minister of India, is likely to announce a slew measures in his budget including a 10 year tax holiday for wind power producers, concessions in customs duty and exemption in excise duty for procurement of technology and equipment for projects. In addition, Mr Jaitley may also increase the fund allocation for the ministry of new and renewable energy to enable it to increase support for green projects and research and development activities.

    A government official privy to the development said that “Growth of renewable energy has become central to the development agenda of the new government. This has been seen with a series of initiatives announced by the government in this segment. The budget would take the initiatives further so that all the goals are realised.”

    Apart from promoting wind power projects through incentive schemes, the budget may also announce a ‘National Offshore Wind Energy Policy’ extending further fiscal sops in the form of exemption from service tax for services like conducting wind resource assessment, environment impact assessment, oceanographic study, utilisation of survey vessels and installation of vessels for these projects.

    The Budget 2013 to 2014 gave a set of incentives for the wind sector. It reinstated generation-based incentive that had resulted in the growth of the sector in the past. An incentive of 50 paise is provided for every unit of electricity generated under the GBI scheme. The government, also reinstated accelerated depreciation for wind sector last year. The AD scheme allowed investors to write down up to 80% of the project cost as depreciation when calculating taxable profits.The withdrawal of AD and GBI schemes in 2012 had for wind energy projects led to fall in capacity addition with a mere addition of 1,800 MW new capacity in 2012 to 2013 as against 3,000 MW in 2011 to 2012.

    With regard to wind projects, the target of the NDA government is to increase the installed capacity to 60,000 MW by 2022 from a level of about 21,000 MW now by envisaging an investment of over INR 10 lakh crore. The power minister has already indicated that all efforts would be made to add close to 10,000 MW of wind capacity every year for the next few years. It is this regard that offshore wind capacity is being given serious consideration.

    Source - www.mydigitalfc.com
  14. forum rang 10 voda 11 februari 2015 16:48
    Gamesa signs up with Greenko for 300 MW additional wind power

    Business Line reported that wind energy sector company Gamesa has signed up with Independent Power Producer Greenko for 300 MW additional wind power capacity generation.

    With a combined portfolio of 600 MW with Greenko, Gamesa has fortified its position in the wind turbine manufacturer space in India.

    This order will see Gamesa use its specially designed low wind turbines, the G97-2.0 MW - T-104, with extended hub height capable of capturing more energy from the available low wind sites in India.

    Out of the 300 MW agreement, the first phase of 160 MW is already underway and the project is expected to be commissioned by June 2015.

    As per the agreement, during this period, Gamesa will supply, erect and commission 80 of the company's G97-2.0 MW - T-104 m wind turbines at Jaisalmer region in Rajasthan and Basavana Bagewadi in Karnataka.

    The 2nd phase of 140 MW is expected to be secured by April 2015 wherein Gamesa will supply 70 of its G97-2.0MW - T-104 turbines for sites in Karnataka and Andhra Pradesh. This project is expected to be commissioned by September 2015.

    Mr Ramesh Kymal, CMD of Gamesa India, said in a statement that “With the Government's thrust in promoting India as a global manufacturing hub, it is imperative that renewables be considered as an alternate fuel to meet the power demand spurred by industrialisation.”

    Mr Anil Kumar Chalamalasetty, CEO and MD of Greenko Group, said that “In our persuasion towards a sustainable low cost energy generation, we find Gamesa with its G97 -2.0 MW, a good partner for adding capacities to our utility scale wind farm under implementation. The partnership with Gamesa will enhance our shareholder value and accelerates near term business plan.”

    Gamesa has signed a total of 600 MW with Greenko till date and this agreement cements the partnership between the two companies.

    Of the earlier contract covering 300 MW, Greenko has 160 MW of operation wind capacity in Karnataka and Andhra Pradesh and another 140 MW is under various stages of development.

    Source - Business Line
  15. forum rang 10 voda 13 februari 2015 13:22
    CLP India awards a 100 MW wind power project to Gamesa

    PTI reported that CLP India, the Indian subsidiary of Hongkong-based power company CLP has awarded a 100 MW wind power project in Madhya Pradesh to wind energy firm Gamesa.

    CLP India said in a statement that the project is a turnkey project to construct 100MW wind farm in Chandigarh, Madhya Pradesh.

    The Chandgarh project is due for commissioning in December 2015.

    The new wind project will increase CLP India's wind power portfolio close to 1100 MW across 6 states, Rajasthan, Gujarat, Maharashtra, Tamil Nadu, Karnataka and Madhya Pradesh.

    The company said that "Gamesa will handle the entire infrastructure needed to set up and operate the wind farm, including installation of 50 new G97 2.0 MW turbines with extended hub height of 104m. The G97-2.0 MW- T104m turbine is specifically designed for Indian wind conditions at low wind speed sites offering low cost energy, thereby improving operational efficiency. The contract also includes a long term operation and maintenance service."

    Gamesa had commissioned 60 MW wind farm in Jath, Maharashtra in March 2014 for CLP India.

    Mr Rajiv Mishra MD of CLP India said that “We see enormous potential in the Indian power market, especially in the renewables field, and we are actively seeking new opportunities across the country to capture this potential.”

    This new contract puts Gamesa's 2014 Indian order intake at 850 MW. From January to September, India accounted for 27% of the MW sold by Gamesa.

    Mr Ramesh Kymal CMD of Gamesa India said that “Being a strong advocate for renewable energy resources, Gamesa's effort in influencing positive climate change compliments that of CLP India's and we are working together to lower India's carbon footprint.”

    Source - PTI
  16. forum rang 10 voda 15 februari 2015 15:08
    Suzlon's Q3 net profit loss widens to INR 6,539 crore

    PTI reported that wind turbine maker Suzlon reports a widening of consolidated net loss at INR 6,538.68 crore for the Q3 ended December 31st 2014 on the back of sale of its overseas subsidiary Senvion.

    The company had reported a loss of INR 1,075.25 crore in the corresponding period a year ago.

    Its total income declined marginally to INR 4,977.18 crore during the October to December quarter against INR 5,052.2 crore in the Q3 of FY14.

    Mr Tulsi Tanti chairman of Suzlon said that “The huge loss during the quarter is on account of the notional loss to the extent of around INR 6,000 crore on the sale of our overseas subsidiary Senvion last month.”

    Last month, the company had sold Senvion to Centrebridge Partners LP for INR 7,200 crore as part of its strategy to hive off non-core businesses and reduce the debt burden of over INR 17,000 crore.

    He said that “Most of the proceeds of this deal will be used to pay off our debt. Besides, we are also looking at selling stake in SE Forge, another non-core business.”

    However, he did not disclose further details on how much the company is expecting from the sale of subsidiary.

    Mr Tanti said that “It is too premature to talk about this. But we will be using the funds raised through the sale for repaying our debt.”

    The company has also sold stake in its manufacturing capacity in China as well as in US-based Big Sky wind farm.

    Source - PTI
  17. forum rang 10 voda 16 februari 2015 21:07
    SunEdison to set up multi-gigawatt wind projects in India - Mr Gopalan

    Mr Pashupathy Gopalan, Asia-Pacific head of SunEdison, said that SunEdison which entered the wind power sector globally only a few months back, plans multi-Gigawatt wind projects in India.

    In interactions with several wind turbine manufacturers, Business Line has learnt that SunEdison plans about 3,000 MW of wind projects over the next few years. Confirming this, Mr Gopalan said that while the company is not targeting any particular number, it could do more if policies were favourable. The company has said that it was open to both putting up green-field projects as well as acquiring assets.

    Today, SunEdison gave a commitment to Mr Modi, PM of India, that it would put up 15,200 MW of solar and wind projects between now and 2022. The divide between them would be skewed towards solar, given that SunEdison is a global solar major, but Gopalan said that wind could be even a third of the committed figure.

    He sees a convergence of solar and wind economics, in terms of capital costs and tariffs. Wind power plants produce more electricity per MW of installed capacity but solar has advantages of being less location-specific and modular.

    He said when asked how much of the 15,200 MW would be wind that “We don't have to be specific in our planning.”

    Source – Business Line
  18. forum rang 10 voda 17 februari 2015 16:36
    Mytrah Energy to build a 220 MW wind power project in AP

    Business Line reported that independent power producer Mytrah Energy Limited has bagged a mandate to develop a 220 MW wind power project from the Andhra Pradesh Government.

    The wind project will be set up in Kurnool district and is expected to be commissioned in 18 months. The deal was signed at RE-Invest, India's first renewable energy global investors meet in step with the Modi government's Make in India initiative.

    Mr Ravi Kailas, Chairman and CEO of Mytrah Energy Limited, said that “The MoU with the Andhra Pradesh Government would contribute to the larger energy requirements of the State and the nation.”

    Mr Kailas said that “At Mytrah we have successfully built an operating portfolio of 543MW across seven wind-rich States, in a span of f4 years. We have set the platform for accelerated growth that will enable economic and social progress for all key constituents of the renewable energy eco-system and its beneficiaries.”

    Mr Vikram Kailas, MD of Mytrah Energy, said that “We have 300 MW under construction and 3500 MW of identified projects in the pipeline. Our strong partnerships with both domestic and international wind turbine manufacturers have enabled us to grow continually and generate significant value.”

    Source - Business Line
  19. forum rang 10 voda 17 februari 2015 16:36
    Suzlon's net loss widens to INR 6,538.68 crore in Q3'14

    Debt-laden wind turbine maker Suzlon reported a widening of consolidated net loss at INR 6,538.68 crore for the Q3 ended December 2014 on the back of sale of its overseas subsidiary Senvion.

    The company had reported a loss of INR 1,075.25 crore in the corresponding period a year ago. Its total income declined marginally to INR 4,977.18 crore during the October to December quarter as against INR 5,052.2 crore in the Q3 of FY14.

    Debt-laden wind turbine maker Suzlon reported a widening of consolidated net loss at INR 6,538.68 crore for the Q3 ended December 2014 on the back of sale of its overseas subsidiary Senvion.

    Mr Tulsi Tanti chairman of Suzlon said that "The huge loss during the quarter is on account of the notional loss to the extent of around INR 6,000 crore on the sale of our overseas subsidiary Senvion last month."

    Last month, the company had sold Senvion to Centrebridge Partners LP for INR 7,200 crore as part of its strategy to hive off non-core businesses and reduce debt burden of over INR 17,000 crore.

    Mr Tanti said that "Most of the proceeds of this deal will be used to pay off our debt. Besides, we are also looking at selling stake in SE Forge, another non-core business."

    However, he did not disclose further details on how much the company is expecting from the sale of subsidiary.

    He said that "It is too premature to talk about this. But we will be using the funds raised through the sale for repaying our debt."

    The company has also sold stake in its manufacturing capacity in China as well as in US-based Big Sky wind farm.

    Meanwhile, the company has also signed definitive agreements with Dilip Shanghvi Family and Associates (DSA) for equity investments of INR 1,800 crore in Suzlon Energy.

    Source - PTI
  20. forum rang 10 voda 1 maart 2015 16:55
    Mytrah Energy wins INR 853 cr loan for 150 MW wind projects

    Business Line reported that independent power producer focussing on wind energy projects, Mytrah Energy Limited has signed an INR 852.78 crore long-term loan agreement with a leading Indian financial institution.

    The loan will be used as long-term project finance debt in building 150 MW of wind power, which is now fully financed and expected to be on stream in the next 12 months, ahead of the country's 2016 wind season.

    With the company's current capacity at 543 MW, this project will take Mytrah beyond 690 MW. Additional projects in development are expected to add further production capacity for the 2016 wind season.

    Mr Ravi Kailas, Chairman and CEO of Mytrah Energy, said that “The loan underpins our next 150 MW of wind power production in India, taking us to over 690 MW. In the past 4 years, Mytrah has created a business operating 543 MW of wind power in 6 States. With expertise across the full value chain and a 3500 MW development pipeline, we are ideally positioned to deliver a substantial part of the rapid expansion envisaged by the Government of India.”

    The company had recently announced that it has secured the rights to build a 220 MW project from the Andhra Pradesh Government, adding to its existing 3500 MW active pipeline.

    The Memorandum of Understanding for the project in Andhra Pradesh was signed at the RE-INVEST conference, India's first renewable energy investors' meet and expo.

    Source - Business Line
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