wind energy

Can Privatization Help in Solving Discom Distress?

India’s power sector is currently struggling with multiple issues, among them is pending dues of state Discoms (distribution companies) to renewable energy developers. The issue now even sparked the fears that many solar and wind energy projects likely to turn into non-performing assets (NPAs). Here’re some views and voices from the industry on what could […]

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Africa Finance Corp to Invest $63 Mn in 60 MW Wind Farm in Djibouti

Africa Finance Corporation has announced a USD 63 million investment to construct and operate a 60 MW wind project in the Ghoubet area of Djibouti. Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has announced a USD 63 million strategic investment to construct and operate a 60MW wind project in the Ghoubet […]

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MHI Vestas Secures 300 MW Offshore Wind Turbine Order in Taiwan

MHI Vestas has been selected as preferred wind turbine supplier for the 300 MW Zhong Neng Offshore Wind Power Project in Taiwan On the heels of its selection as preferred wind turbine supplier for the 300 MW Zhong Neng Offshore Wind Farm in Taiwan, MHI Vestas has reaffirmed its commitment to the nascent sector as […]

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Africa and Middle East Added 894 MW of Wind Energy in 2019

The latest data by GWEC shows Africa and the Middle East installed 894 MW capacity of wind power in 2019, a decrease of 7% on the previous year (962 MW) The latest data released by the Global Wind Energy Council (GWEC) shows Africa and the Middle East installed 894 MW capacity of wind power in […]

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Inox Wind Reports Rs 27.47 Crore Losses in December 2019 Quarter

Inox Wind recently issued its financial results for the quarter ended December 2019, with the firm reporting a consolidated net loss of Rs 27.47 crore. Wind energy solutions provider Inox Wind recently issued its financial results for the quarter ended December 2019, in which the firm has reported a consolidated net loss of Rs 27.47 crore. […]

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Marubeni and Partners to Execute 140 MW Offshore Wind Farm off Japan

Marubeni has announced that it has decided to implement the construction, operation & maintenance of 140 MW offshore wind farm in Akita Prefecture of Japan The Marubeni Corporation has announced that through a special purpose company called Akita Offshore Wind Corporation (AOW) it has decided to implement the construction, operation and maintenance of a 140 […]

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Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020

Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […]

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In India, Solar to Edge Ahead of Wind in 2020

Wind Energy, which had enjoyed a strong headstart in India, has been falling away, even as Solar catches up. 2020 will probably see total solar capacity overtake wind energy capacity in the country for the first time, ever. Wind Energy, which along with Solar Energy is expected to play a significant role for India to […]

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ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020

ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […]

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