Page 5 - Wind Energy

Suzlon Energy tumbles 10% in 2 days post Q1FY24 results

Shares of Suzlon Energy were locked in the 55 lower circuit band for a second straight day on Wednesday after the company's net profit for Q1FY24, including exceptional loss, tumbled to Rs 101 crroe

Torrent Power commissions 115 MW wind energy project in Gujarat's Dwarka

Torrent Power on Wednesday said one of its subsidiaries has commissioned a 115 MW wind project in Devbhumi Dwarka district of Gujarat. Torrent Solargen was awarded the project through a competitive bidding under SECI (Solar Energy Corporation of India) Wind Tranche V, a company statement said. The company signed a power purchase agreement for a period of 25 years with SECI which has a back-to-back Power Sale Agreement (PSA) with Haryana. Wind turbines for the project have been sourced from GE. With the addition of 115 MW wind power, Torrent Power's installed renewable capacity has reached 1.18 GW, and total generation to 4.2 GW. Torrent Power, with a turnover of Rs 25,694 crore is the integrated power utility of Torrent Group. It has presence across the entire power value chain of generation, transmission, and distribution.

Suzlon secure 100.8 MW wind energy project deal from Everrenew Energy

Renewable energy solutions provider Suzlon Group on Friday said it has secured an order of 100.8 MW wind power project from Everrenew Energy. However, the company did not disclose the value of the order. Suzlon will supply wind turbines and supervise the execution and commissioning of the project in Tamil Nadu. "Suzlon Group today announced a new order win for the development of a 100.8 MW wind power project for Everrenew Energy Pvt Ltd," a company statement said. It will install 48 wind turbine generators (WTGs) and the project is expected to be commissioned in March 2024. A project of this size can provide electricity to 65,000 households and curb 2.58 lakh tonne of CO2 emissions per year. "Power generated from this project will target the Commercial & Industrial (C&I) consumer segment, creating deeper penetration of renewable energy in India," J P Chalasani, Chief Executive Officer, Suzlon Group said. Everrenew Energy is a renewable energy company which provides a ...

Suzlon Group bags 47.6 MW wind energy project in Gujarat from KP Group

Renewable energy solutions provider Suzlon Group has bagged an order for a 47.6 MW wind power project from KP Group in Gujarat. However, the company did not disclose the value of the order. The project is located at Vagra in Bharuch district in Gujarat and is expected to be commissioned in 2024, a company statement said. A project of this size can provide electricity to 36,000 households and curb 1.42 lakh tonne of CO2 emissions per year. Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project. It will also provide comprehensive operations and maintenance services post commissioning. JP Chalasani, Chief Executive Office, Suzlon Group said, "The power generated from this project will serve the Commercial & Industrial (C&I) consumer segment, which is a key segment to drive deeper penetration of renewables in India.

SJVN partners Mahagenco for 5,000 MW green energy projects in Maharashtra

SJVN on Wednesday signed an agreement with Mahagenco to develop renewable energy projects with a total capacity of 5,000 megawatts (MW) in Maharashtra. The MoU was signed by SJVN Director (Personnel) Geeta Kapur and Mahagenco CMD P Anablagan in the presence of Devendra Fadnavis -- Deputy Chief Minister and Power Minister of Maharashtra and State Principal Secretary Energy Abha Shukla, SJVN said in a statement. "Nand Lal Sharma, Chairman & Managing Director, SJVN informed that the company has signed a Memorandum of Understanding (MoU) with Maharashtra State Power Generation Company (Mahagenco) for the development of 5,000 MW Renewable Energy Projects in the state of Maharashtra," the company said. Under the pact, the companies will explore the feasibility of setting up various renewable projects in Maharashtra, including hydro, pumped storage projects, wind, solar, hybrid and green hydrogen projects, the CMD said. SJVN and Mahagenco will jointly participate in tenders floated by ...

Industry body WIPPA suggests 4 measures to boost wind energy progress

Industry body WIPPA on Friday suggested four measures to boost progress in the wind energy sector. "At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late payment surcharge) and greater facilitation of offshore wind bids," Wind Independent Power Producers Association (WIPPA) president Parag Sharma said in a statement. The body, with the support of the Ministry of New and Renewable Energy (MNRE), will organise an event on Sunday to increase awareness of wind energy ahead of the Global Wind Day on June 15, the statement said. Global Wind Day run here on June 11, 2023, will highlight the MNRE and WIPPA's role in reviving India's wind sector. Global Wind Day Conference 2023 was also organised in Pune on Thursday. Dinesh Dayanand Jagdale, Joint Secretary at MNRE, expressed satisfaction at adding gigawatts on the ground now, and at the ...

Inox Wind bags 100 MW wind power project from ABEnergia Renewables

Shares of Inox Wind ended over 4 per cent higher at Rs 149.40 on the BSE

Inox Wind gets 150 MW wind energy project from NTPC Renewable Energy Ltd

Inox Wind on Tuesday said it has bagged a 150 MW wind energy project from NTPC Renewable Energy Limited (NTPCREL) in Gujarat. With this, the total orders awarded to Inox Wind from NTPC to date stands at 550 MW, the company said in a statement. Inox Wind has bagged the order for a 150 MW wind power project from NTPC Renewable Energy Limited. The project will be executed in the state of Gujarat, it added. Inox Wind CEO Kailash Tarachandani said as part of the order, his company will supply and install existing and new technology state-of-the-art wind turbine generators at the project site. Additionally, it will also be responsible for operation and maintenance (O&M) services for the project. Inox Wind Limited (IWL) is India's leading wind energy solutions provider, servicing independent power producers (IPPs), utilities, PSUs and corporate investors.

Suzlon bags 99-MW wind energy project from Vibrant Energy for 33 generators

Renewable energy solution provider Suzlon has bagged a 99-MW wind energy project from Vibrant Energy. "Suzlon Group has received an order from Vibrant Energy for 33 wind turbine generators featuring its new 3 MW (each) series with a Hybrid Lattice Tubular tower for a 99 MW wind power project which is expected to be commissioned by FY25," the statement added. The company, however, did not disclose the value of the order. "We are delighted to announce our first order with Vibrant Energy which is a highly respected corporate renewable energy solutions provider. I look forward to a long partnership with Vibrant Energy in the coming years towards building a sustainable India," J P Chalasani, Chief Executive Officer, Suzlon Group, said. A project of this size can provide electricity to 307 thousand households and curb 2.92 lakh tonnes of CO2 emissions every year, a company statement said. "We are happy to partner with Suzlon Energy for our project which will provide round-the-clock ...

Suzlon gets order of 33 wind turbines from Vibrant for 99 MW energy project

The Vibrant Group said that a project of this size could provide electricity to 307,000 households and curb 292,000 tonnes of carbon emissions every year

Suzlon bags 69.3MW wind energy project from Juniper Green Energy

Renewable energy solutions provider Suzlon has bagged an order to develop 69.3 MW wind power project from Juniper Green Energy. The project is located at Surendra Nagar district in Gujarat and is expected to be commissioned in 2024, a company statement said. "Suzlon Group today announced the second order of the 3 MW product series for the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited," it stated. The company, however, did not disclose the financial details of the order. "We are delighted to announce our first order with Juniper Green Energy Private Limited and our second order for the 3 MW series," JP Chalasani, CEO, Suzlon Group, said. Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW each. This is the first major order for the company's largest turbine rated 3.15 MW, S144-140m from the 3 MW series. As part of the agreement, Suzlon will supp

Target, policy mismatch: Renewable energy developers set higher hurdles

India's latest tendering target is a case of ambition overtaking the policy environment for doing business

G7 ministers set ambitious new targets for solar and wind capacity

G7 ministers finish two days of meetings on climate, energy and environmental policy in the northern Japanese city of Sapporo on Sunday

Centre to put up 50 Gw of renewable projects for bidding this year

Of this, at least one Gw would be wind energy

Renewable energy needs to be ramped up to meet global climate goals

Deployment of new wind and solar power plants needs to be drastically ramped up by the end of the decade to meet the world's climate goals, the International Renewable Energy Agency said Tuesday. In an advance preview of its annual report on the global shift from fossil fuels to clean energy, the agency said renewables accounted for 83 per cent of new power generation last year. Worldwide, the share of installed power generation coming from renewables reached 40 per cent in 2022, it said. But in order to halve greenhouse gas emissions by 2030 and put the world on track to cap global warming at 1.5 degrees Celsius (2.7 degrees Fahrenheit), existing targets for renewable power deployment would need to be more than doubled, the Abu Dhabi-based agency said. Governments agreed in the 2015 Paris climate accord to limit the global temperature rise to 2 C (3.6 F) ideally no more than 1.5 C above pre-industrial averages. The lower target would prevent significant harm from climate change

India misses RE capacity target due to low solar, wind projects: Par panel

A parliamentary panel has attributed low installation of solar roof-top and wind energy projects as key reasons for the shortfall in achieving India's renewable energy capacity target of 175 GW by 2022. India set an ambitious target of installing 175 GW of renewable energy capacity by the year 2022, which included 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro-power. However, a renewable energy capacity of 120.90 GW has been installed in the country as of 31st December 2022 which is about 69 per cent of the overall target, the Standing Committee on Energy said in a report. "Keeping in view the fact that renewable energy installed capacity has increased by more than 236 per cent since 2014, this is indeed a commendable achievement. However, it should also be mentioned that whatever shortfall has occurred in achievement of the target that is because of low installation of solar roof-tops and wind energy projects," the committee said. Keeping in vie

Wind energy generation can surge 4-5 times on policy tailwinds: Report

Positive policy moves by the new and renewable energy ministry can crank up the annual wind capacity addition by 6-8 gigawatt (GW) from fiscal 2026, around 4 times more than 1.6 GW of growth clocked in the past five fiscals, a report said. According to a Crisil analysis, the aggressive tariff bids in reverse auctions since fiscal 2018 has been one of the key drivers of the wind energy growth. The process led to discovery of irrationally low tariffs that were favoured by state distribution companies, but compromised returns left little incentives for developers to complete the projects. There were also delays in land acquisition and setting up of evacuation infrastructure. Under reverse auction, bidders compete on an open e-platform, adjust tariffs within timeframes with their quotes visible to all participants. Prior to FY18, wind projects were awarded under the feed-in-tariff regime, where payments at fixed tariffs were made by discoms to producers under long-term contracts without

Wind energy projects made 64.54 bn electricity units in April-Jan of FY23

Tamil Nadu was the second highest generator of electricity from wind energy power projects, as it generated 15,703 million units of electricity during the period under review

Tata Power Renewable Energy signs PPA with TPDDL for 510 MW hybrid project

Tata Power Renewable Energy has signed an agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply electricity from its 510 MW solar-wind hybrid project, a statement said on Friday. It is one of the largest hybrid projects in the country with the capacity bifurcation of 170 MW solar & 340 MW wind power. The project will save an average of 1540 MUs (million units) of CO2 emissions annually for Tata Power-DDL, a joint venture between Tata Power and the Government of Delhi, that supplies electricity to a populace of over 7 million in North Delhi, the statement said. The power purchase agreement signed between Tata Power Renewable Energy Ltd and TPDDL has the capacity bifurcation of 170 MW solar and 340 MW wind power. Located in Karnataka, it is one of the largest hybrid projects in the country and will be commissioned within 24 months from the PPA execution date. Ashish Khanna, CEO, Tata Power Renewable Energy Ltd, said, Tata Power Renewable has signed one of the largest .

Amplus Solar to set up 200 MWp wind, solar hybrid project at Tuticorin

Clean energy solutions provider Amplus Solar on Friday announced an association with EverRenew, an NTC group company, to set up a 200 MWp open-access solar power plant at Tuticorin, in Tamil Nadu. The 200MWp plant is expected to generate approximately 450 million units of green electricity in the first year of its operation itself, a company statement stated. The wind-solar hybrid plant in Tamil Nadu is Amplus' second open-access project in the state, it said. "We are happy to set up our first wind and solar hybrid with an experienced partner, EverRenew, in the state. "Wind-solar hybrids have vast potential in enhancing grid stability, and we look forward to setting up more such projects across the country in the coming years," Sharad Pungalia, MD and CEO of Amplus Solar, said. The hybrid plant will combine the power from co-located solar panels and wind turbines to produce an uninterrupted supply of green energy for commercial and industrial consumers in the state. Amplus Solar