The farm owners in the Eagle Creek Township at the southernmost Lake County will be signing a contract very soon to deliver a $5 billion, 100 mw wind farm to the landscape. Michigan Energy Generation is the wind farm development company which is in talks with local farmers about the contracts. Andy Paterson, the president and CEO of Michigan Energy Generation will be meeting the Eagle Creek landowners on Tuesday at Range Line Community Presbyterian Church to discuss about the contract.
Anjitha:1265

Read More...

Konark Group plans 100 MW renewable projects in Gujarat, Rajasthan



Mumbai, Jan. 12:::::::::::Mumbai-based Konark Group, which is into textiles, plans to set up 100 MW of solar and wind power projects at an investment of Rs 1,000 crore.The power unit will be a subsidiary of the group's listed entity, Konark Synthetics, which is into yarn and garments.Konark has received an allocation of 5 MW in Gujarat. Land has been identified in Kutch and the company has signed a 25-year power purchase agreement with the Government, which has assured Rs 15 a unit for the first 12 years and Rs 5 a unit for the next 13 years, said Mr Shonit Dalmia, Director, Konark Group.Mr Dalmia said the State has also promised to back the PPA with a letter of credit. The project is expected to be completed this year-end with the use of imported thin film technology.

Konark has also tied up with the Rajasthan Government for 50 MW of solar power generation. About 410 acres near Jodhpur has been allocated by the State at 10-20 per cent of the ready reckoner value as an incentive to attract the investment. Land will cost no more than Rs 2 crore, said Mr Dalmia. The State has also accorded an evacuation certificate to Konark for 50 MW, as a comprehensive legislation for renewable energy is awaited.“We are committed to becoming a renewable energy IPP and are deploying international technology partners for engineering, procurement and construction (EPC). We are also in advanced stages of finalising wind power projects with installations in the southern and western parts of India,” he said.

Wind farms in TN

Efforts are on to set up wind farms in Tamil Nadu. A consultant has been appointed and his proposal is awaited. “The target is 45-50 MW and we are confident of commissioning 10 MW of wind power along the Tamil Nadu coastline in the 12-15 months,” he said.The Konark Group is looking at a 25:75 equity debt ratio for the Rs 1,000 crore renewable energy initiative. For the Rs 250-crore equity part, the promoters intend to bring in Rs 150 crore, and the balance would be private equity.Over the past few months, the group has been evaluating the potential in the power sector and is now bullish on the future prospects of the renewable energy generation. In the first stage, the group plans to set up infrastructure to generate power through solar and wind energy projects. The group has already submitted proposals to Gujarat, Rajasthan and Maharashtra to begin operations in the sector.The group plans to fund the investments for all its projects through a mix of internal accruals and debt and is also exploring a possible private equity infusion.The group has now started identifying various technology partners from European countries for solar projects and is in advanced stages to deploy its technology partners for wind projects.Over the last 6-7 years, the group has been witnessing a major expansion spree in its textile division (Konark Synthetic Ltd) by making its presence felt in the entire textile value chain except retail. The group has presence in sector by having hi-tech plants for manufacturing of synthetic yarns, cotton spinning, fabrics for home furnishing and suiting's and garments.

Speaking on behalf of Konark Group, Mr Shonit Dalmia, Director, said, “The power industry represents an important opportunity for the group and we are committed to becoming a renewable energy IPP. We are executing solar energy projects in Gujarat & Rajasthan by deploying international technology partners for EPC. We are also in advanced stages of finalising wind power projects with installations likely in the southern and western parts of India.”Konark expects the power division to substantially add to its turnover over the next few years. The group is also exploring opportunities to generate power through other clean-tech models.

….byS.Shanker….in THE HINDU BUSINESS LINE newspaper.

Read More...

With land acquisition and environmental clearances proving increasingly difficult for wind power projects, India is exploring the potential for offshore wind power generation.


Deepak Gupta, secretary, ministry of new and renewable energy, told FE that a study is being undertaken with the help of Chennai-based Centre for Wind Energy Technology (C-WET) to ascertain the feasibility of setting up wind farms in India’s offshore areas.”We expect to complete the study in 2-3 years,” he said.


http://www.indianexpress.com/news/india-explores-offshore-wind-farms/709467/




Apart from hurdles in acquiring 4-5 acres to generate one mega watt of wind power, environmental clearances are not easy to come by. Offshore wind power projects are in vogue in many countries, especially in Europe. Recently, offshore wind farms have cropped up in the US and China as well.







“Unit size is high for offshore wind projects. Offshore wind is the next big thing for India’s renewable energy. However, we need to map our wind intensity scientifically,” said Charu Datta Palekar, principal consultant, energy advisory services, PWC.

Read More...

Clean energy producer Greenko Group said it made a push into the fast-growing wind energy market in India with a short-term target of 200 megawatt, and signed a power purchase deal with Reliance Infrastructure.




The company, with its assets mostly in India, said it had started building a 65 MW wind project in the western state of Maharashtra, and that the Reliance Infra deal was to supply 200 MW of wind power at a current rate of Rs 5.07 ($0.109) per kilowatt-hour.










Greenko also signed a technology pact with General Electric Co for turbines designed for low-wind regimes and said it was reviewing other states such as Karnataka, Rajasthan and Andhra Pradesh for wind power opportunities.



According to the Global Wind Energy Council, India was ranked 5th in the world in 2009, with a wind energy capacity of 1,271 megawatts, or 3.3 percent, of the world total.



The company, which has a market value of 167.8 million pounds and operates hydro, biomass and gas-based plants, said it expects to achieve a 1 gigawatt operating capacity by the end of fiscal 2014.



Shares in the company, which have risen more than 21 percent in the year to date, were up 4.6 percent at 147 pence at 0747 GMT on Monday on the London Stock Exchange.

http://www.business-standard.com/india/news/greenko-makes-wind-energy-pushindia-project/107799/on

Read More...

MUMBAI: Wind turbine maker Suzlon Energy said on Friday it had won a 30 megawatt order from Altrade Group.




Suzlon will set up, operate and maintain the project to be installed at wind farms in the western state of Rajasthan.



The project will be commissioned by next January. Financial details of the deal were not disclosed
 
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/Suzlon-wins-30-MW-order-from-Altrade/articleshow/6484135.cms.

Read More...

Engineering company ABB on Friday said it has opened a wind power generator factory in Vadodara, fourth such plant in India, to meet both domestic and overseas requirement of the equipment.




“The factory will supply wind power generators, a crucial component in wind turbines, to growing Indian and global markets,” a company press release said. The new factory, spread over 16,000 square meter, would produce up to 100 units per month with a rating of up to 2.5 MW and employs around 150 people, it said.


“Our energy efficient wind power generators will serve the growing need for components in the wind power industry globally,” Head of ABB’s Discrete Automation and Motion business, Ulrich Spiesshofer said.



“With our comprehensive portfolio for the industry we are proud to contribute to the generation of clean power that will help countries to meet their growing needs for electricity while reducing their emissions," Spiesshofer said.



At present, India is the world’s fifth-largest user of wind power, and investments in this form of renewable energy are expected to continue to grow in the years ahead. ABB supplies a variety of components and solutions for wind turbine manufacturers and operators. ABB Group of companies operates in around 100 countries and employs about 1,17,000

http://www.business-standard.com/india/news/abb-opens-wind-power-equipment-factory-in-vadodara/405252/

Read More...

Suzlon Energy Ltd has won a repeat order from Siddhayu Ayurvedic Research Foundation Pvt Ltd, a Baidyanath group company. Suzlon will set up, operate and maintain the 19.2 MW project, which will be installed in the Dhule and Satara districts in Maharashtra. The project comprises of four units of Suzlon’s S82 1.5 MW, and seven units of Suzlon’s S88 2.1 MW wind turbine generators

Read More...