Page 2 - Wind Energy

No significant impact of US tariffs on RE equipment exports: MNRE Secy

MNRE Secretary Santosh Kumar Sarangi said US tariffs will not hit India's renewable exports due to low volumes, as the country pushes ahead with offshore wind and new projects

India's wind energy capacity set to reach 107 GW by 2030, says GWEC

India's wind energy capacity is estimated to reach 107 GW by 2030, compared to the government target of 100 GW, according to a report by the Global Wind Energy Council (GWEC) released on Tuesday. The latest report, Wind at the Core: Driving India's Green Ambitions and International Influence, was unveiled in the presence of New & Renewable Energy Secretary Santosh Kumar Sarangi. The report details how installed wind capacity in India can more than double from 51 GW at present to 107 GW by 2030, in line with state-level Resource Adequacy Plans (RAP). This is pivotal to help India achieve the least cost pathway for a successful energy transition. Further, reports from organisations like NREL, IEA, WRI, and Lawrence Berkeley recommend even higher wind capacity (121-164 GW) by 2030. Addressing grid concerns, strengthening RPO compliance, and aligning bidding processes with state offtake needs could push installations toward the full potential, the report stated. On the occasion, ...

Inox Wind sells ₹175 crore stake in EPC arm at ₹7,400 crore valuation

Inox Wind Ltd, India's leading wind energy solutions provider, on Tuesday said it has sold a Rs 175 crore stake in its EPC subsidiary, Inox Renewable Solutions Ltd, to investors at a valuation of Rs 7,400 crore. The post-merger valuation of Inox Renewable Solutions Ltd (IRSL), recently received no objection' from the stock exchanges, a company statement said. Inox Wind caters to Independent Power Producers (IPPs), utilities, PSUs, and corporate investors. Inox Wind Ltd (IWL) is a part of the USD 12 billion INOXGFL Group, which has a legacy of over nine decades and is primarily focused on two business verticals - chemicals and renewable energy, it said. IWL is a fully integrated player in the wind energy market with four state-of-the-art manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh, where blades, tubular towers, as well as hubs & nacelles are manufactured. Through its other subsidiary, Inox Renewable Solutions (earlier known as Resco Global Wind Services Pvt

What to do with Suzlon Energy post Q1? Brokerages decode stock strategy

At 10:20 AM, Suzlon Energy share price was trading 3.06 per cent lower at ₹61.19 per share. In comparison, BSE Sensex was trading 0.31 per cent higher at 80,484.64 levels.

Serentica to source wind turbines from SANY for 336 MW Karnataka project

Renewable energy firm Serentica Renewables on Tuesday said it will procure Wind Turbine Generators for its 336 MW Wind Project in Karnataka from SANY Renewable. Delivery for the project is expected to commence by December 2025, a company statement said. Serentica Renewables has selected SANY Renewable, a leading enterprise of high-end equipment manufacturing, to supply the Wind Turbine Generators (WTGs) for its 336 MW Wind Project in Karnataka, according to the statement The project will feature advanced SANY WTGs, each with a rated capacity of 4 MW. Akshay Hiranandani, CEO, Serentica Renewables, said in the statement, "336 MW wind project in Karnataka will play a pivotal role in reducing carbon emissions while providing a reliable, renewable energy source to industrial consumers." Gaurav Amdekar, COO, SANY Wind Energy India, said, "This partnership demonstrates our shared commitment to driving the transition to a low-carbon economy and contributing to India's renewable energy ..

Need to establish weather stations at wind, solar plants of 50 MW: CEA

In an effort to enhance grid reliability and efficiency of green energy projects, the Central Electricity Authority has proposed that an automatic weather station needs to be installed at wind and solar plants of 50 MW or above by the developer. In February, the Central Electricity Authority (CEA) issued an advisory on co-locating energy storage systems with solar power projects to enhance the cost efficiency and stability of the grid. The solar and wind generation depend on weather conditions. There are issues like not getting accurate weather forecasts. Many a time, forecasting errors result in significant financial penalties under the Deviation Settlement Mechanism (DSM), the Central Electricity Authority (CEA) has said in a notification dated July 7. There is a need to install automatic weather stations in solar and wind power plants, the CEA said, adding that it has prepared guidelines for the same and directed all renewable energy implementing agencies (REIAs) to include the .

Here's why Synergy Green Industries shares hit record high today; details

Synergy Green Industries shares surged to a record high today after the company announced a major order win from Adani Wind, the wind energy arm of Adani New Industries.

Suzlon bags 170.1 MW wind energy order from AMPIN for Andhra's Kurnool

Suzlon on Friday said it has secured its third successive order from AMPIN for a 170.1 MW wind project in Kurnool, Andhra Pradesh. As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW, a company statement said. The scope of work includes full project execution, including equipment supply, installation, commissioning, and long-term operations and maintenance services. Total orders from AMPIN Energy stand at 303 MW. Vivek Srivastava, Chief Executive Officer, India Business, Suzlon Group, said, "Three orders from AMPIN reflect the power of shared mission. Together, we're committed to a self-reliant, affordable and sustainable energy future by blending innovation, local manufacturing, and deep sectoral expertise in promoting decarbonisation of India's power distribution infrastructure." Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition ...

Wind sector investing in tech, workforce to reach 100 GW by 2030: IWTMA

India's wind energy sectors is investing in capacity, technology innovation, and workforce development to help the country reach 100 GW of production by 2030, industry body IWTMA has said. At present, the country has an installed wind energy capacity of over 50 GW, as per the latest report of March 2025 of Central Electricity Authority. "The Indian wind industry is fully aligned with the government's clean energy vision. We are investing in capacity, technology innovation, and workforce development to achieve 100 GW of wind energy by 2030," said Aditya Pyasi, CEO, Indian Wind Turbine Manufacturers Association (IWTMA). At a high-level meeting with the Ministry of New and Renewable Energy (MNRE) recently, IWTMA outlined the industry's readiness to scale up manufacturing, generate employment, and advance the 'Make in India' mission, the industry body said in a statement. India currently has over 18 GW of annual domestic manufacturing capacity for wind turbines and components, it ...

Petitions against Adani Green withdrawn as firm cancels Sri Lanka project

Five fundamental rights petitions filed against the Adani Green Energy projects in the northeastern region of Sri Lanka have been withdrawn by the petitioners. The withdrawal comes after the Attorney General filed a motion following Adani Green Energy's notification to the Board of Investment about its decision to cancel its wind energy projects. Last month, the Indian conglomerate announced its withdrawal from further engagement in the renewable wind energy project in Mannar and Pooneryn. Fundamental rights petitions were filed in 2024 after the previous cabinet approved the project in May last year. The petitions pointed to the project's environmental hazards and the lack of transparency. The Adani Group left the project after the new Sri Lankan government led by President Anura Kumar Dissanayake decided late in December to review the project and renegotiate the power purchase agreement. The previous government-negotiated price of eight cents was considered too high, with the ..

CleanMax, Osaka Gas form joint venture for India's green transition

The newly formed entity, CleanMax Osaka Gas Renewable Energy (CORE), will focus on wind-solar hybrid solutions, starting with a 400-megawatt (MW) portfolio in Karnataka

Adani Green withdraws from wind energy, transmission projects in Sri Lanka

The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 million

Wind industry seeks policy parity, infra support to meet energy goals

As the Union Budget approaches, industry leaders hope for measures that will align policy, infrastructure, and investment to further strengthen India's renewable energy sector

Trump temporarily halts leasing and permitting for wind energy projects

President Donald Trump signed an executive order Monday temporarily halting offshore wind lease sales in federal waters and pausing the issuance of approvals, permits and loans for both onshore and offshore wind projects. The interior secretary will review wind leasing and permitting practices for federal waters and lands. The assessment will consider the environmental impact of wind projects on wildlife, the economic costs associated with the intermittent generation of electricity and the effect of subsidies on the viability of the wind industry, the order states. Trump wants to increase drilling for oil and gas and has been hostile to renewable energy, particularly offshore wind. Trump's pick for interior secretary, Doug Burgum, was asked during his confirmation hearing whether he would commit to continuing with offshore wind leases that have been issued. Burgum said projects that make sense and are already in law will continue. Wind power currently provides about 10% of the ...

Renewable energy financing soars 63% in 2023, solar leads the charge

Solar power projects dominated the renewable energy deals in 2023, accounting for 49 per cent of the total, followed by hybrid projects at 46 per cent and wind energy at 6 per cent

BP forms offshore wind JV with Japan's JERA in renewables retreat

BP's retreat from offshore wind reflects a similar trend at rivals Shell and Equinor, which are trying to boost near-term profits by spending more on higher-return oil and gas operations

Suzlon Group secures order of 302 MW wind project from Jindal Renewables

Suzlon Group on Wednesday said the company has secured an additional wind project of 302.4 megawatt from Jindal Renewables in Karnataka. In October, Suzlon had announced securing a 400-megawatt (MW) wind power deal from Jindal Renewables Power. "Suzlon and JSP Green Wind 1, a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka," the group said in a statement. The second order brings the total capacity from Jindal Renewables to 702.4 MW, making it Suzlon's largest-ever commercial and industrial (C&I) order from a single customer. Under the strategic agreement, Suzlon will supply 96 wind turbine generators (WTGs) of S144 series with hybrid lattice (HLT) towers, each rated at a 3.15 MW capacity. The power generated will be used at steel plants in Chhattisgarh and Odisha, Suzlon said without disclosing the exact value of the multi-crore order. Suzlon Group Vice-Chairman Girish Tanti said, ..

Wind energy at its peak, with 8 more years of growth: Suzlon Group CEO

Chalasani speaks about the prospects of the Indian wind energy sector, opportunities in defence and railways, and Suzlon's strategies to maintain its leadership

Need Rs 32 trn investment in renewable sector by 2030, says IREDA CMD

India will require about Rs 32 lakh crore of investment in the renewable energy sector by 2030 to meet its targets, Indian Renewable Energy Development Agency's (IREDA) Chairman & Managing Director Pradip Kumar Das said on Monday. Speaking at the 23rd India Power Forum 2024, Das called on lenders to adopt a more customer-centric and sector-focused approach, emphasizing the need for timely financial solutions and innovative offerings tailored to the renewable energy sector. He stressed the pivotal role of renewable energy in India's journey towards creating a net-zero-compliant power sector. Das pointed out that India will require an estimated investment of approximately Rs 32 lakh crore in the renewable energy sector by 2030 to meet its targets. This phase will focus on ramping up renewable energy generation to meet immediate needs. From 2031 to 2047, the focus will shift towards developing the necessary infrastructure to support a fully decarbonized economy, creating a strong and

BP weighing sale of minority stake in offshore wind business: Report

The company has faced pressure from shareholders over its energy transition strategy, first launched in 2020, as renewables profit thinned while margins from oil and gas rose