Wind power accounted for a record high of 43.4 per cent of the total electricity consumption in Denmark in 2017, according to official data released on Thursday.
Price of wind power crashed to Rs 2.43 a kWhr in tariff-based capacity auction of Gujarat’s utility, Gujarat Urja Vikas Nigam Ltd (GUVNL). GUVNL has announced that a company called Sprng Energy Pvt Ltd has quoted that price, bidding for 197.5 MW of the 500 MW auctioned by GUVNL.
Pursuing an ambitious renewable energy target, the National Democratic Alliance (NDA) government has now issued new guidelines to provide a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders. The guidelines aim to “enable the Distribution Licensees to […]
The Gujarat High Court on Monday dismissed a petition opposing the holding of the state’s first wind auction.
Karnataka’s electricity regulator has refused to approve the power purchase agreements (PPAs) for wind power projects that were commissioned before March 31, 2017, without a fresh tariff reduction of 17% to Rs 3.74/unit.
India, the 4th largest carbon emitter in the world, ratified the Paris Agreement for Climatic Change in October
While the drop in wind power tariff to Rs2.64 per unit, at an auction conducted by Solar Energy Corp. of India Ltd on Thursday, may seem like a great positive, industry insiders feel it is likely to do more harm than good to the sector.
The wind energy industry is bracing for a further fall in tariffs as auction of projects, which attracted record-low bids in February and prompted utilities to seek low rates from old plants, resume this week.
State-run generator NLC India Ltd is offering to reduce tariffs from two of its power plants after its main buyer asked the company to lower prices or shelve the projects
French energy firm Engie SA and Dubai’s private equity firm Abraaj Group on Wednesday announced a partnership to build a wind power platform in India.