Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000 jobs in the north of England, the government said on Wednesday. Able Marine Energy Park, in the Humber region, will receive up to Read more…
The global wind market commissioned about 100 gigawatt (GW) of new wind turbines in 2020, up 59 per cent to 96.3 GW as compared to 60.7 per cent in 2019, according to a recent report by BloombergNEF (BNEF). It added that the installations grew year-on-year undeterred by the coronavirus pandemic Read more…
The Government is promoting wind power projects in entire country through private sector investment by providing various fiscal and financial incentives such as Accelerated Depreciation benefit; concessional custom duty exemption on certain components of wind electric generators. Besides, Generation Based Incentive (GBI) Scheme was available for the wind projects commissioned Read more…
Source :MNRE Annual report
Source MNRE Annual Report
Source:MNRE Annual Report
Wind power projects are set up in the country, including in the state of Rajasthan, on the basis of commercial principles taking into account wind resource, land availability, transmission infrastructure, etc. So far, bids for 15,100 MW of wind power projects have been issued, out of which projects of Read more…
The US Army has signed a contract for its biggest renewable-energy project yet, picking Apex Clean Energy Inc. to provide 65 MW of solar and wind energy at Fort Hood in Texas. The Defense Logistics Agency signed a 30-year contract with Charlottesville, Va. based Apex for 15 MW of solar Read more…
Statoil ASA, Norway’s biggest oil company, bought 50 per cent stake in EON SE’s Arkona offshore wind farm, entering the German market and widening its renewable energy portfolio as it scales back its funding for traditional fossil-fuel projects. Statoil and EON will invest more than €1.2 billion ($1.4 billion) in the project, Read more…