Wind Power Firms

The wind industry can expect record installations in both onshore and offshore markets by 2025 with 680 GW of new capacity expected by 2027, said the Global Wind Energy Council annual report 2023

Discoms not looking at signing agreement for procuring power at such high tariffs, says senior executive of French utility's unit

There is a bullish formation of a "Higher High, Higher Low" pattern on the daily chart, and only if the stock breaks the 200-DMA the trend could turn negative.

Buffeted by ten years of policy flip flops, the sector is hoping a new bidding model will introduce a breath of fresh air

Inox Wind on Tuesday said it has signed a binding agreement with Integrum Energy Infrastructure for 92 mega watt (MW) of wind power projects.

The expansion plans of the Danish major comes at a time when India saw its lowest-ever wind power capacity addition during last fiscal year

The company said the project, which has a power purchase agreement with the Maharashtra government

In addition to a slower tendering activity, the sector also faces concerns over delayed payments

Last month, IL&FS had said it would completely exit the wind energy business

The development comes at a time when India continues to explore all possible options when it comes to bridging its enormous trade deficit with manufacturing powerhouse China

The state government notified all power units that they are curtailing wind power procurement by 100 per cent

With clarity on the wind energy auction pipeline and ratification of power purchase agreements (PPAs) helping improve their order book, renewable energy (RE) firms, especially wind power equipment makers, are attracting the attention of analysts and investors. The domestic market is on a growth path in the competitive bidding regime and there is higher demand for clean energy, now considered reliable, affordable and a mainstream source.Interestingly, even as the price is recovering, the internal rate of return (IRR) for RE producers is seeing downside pressure; yet, companies are positive. For instance, after seeing a decline, prices of wind power have started firming up since last month. While Adani Green Energy and KCT Renewable Energy have offered to supply electricity at Rs 2.85 a unit in their bids for 75 Mw each, the rates are seen crossing Rs 3-3.5 a unit in the coming months.Wind power rates had fallen below Rs 2.50 per kWh, with the lowest being Rs 2.43 in a 500 Mw reverse ..