Tag Archives: Wind

Look like no one’s buying RECs this September

Posted on October 4, 2012 by Ritesh Pothan

Non-solar RECs Prices remained at floor price this month as supply has remained far in excess of demand. The over-supply situation has persisted for the last few months – this month 7.11 lakh RECs were bid for sale (up 13% … Continue reading →

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Wind power players to meet Minister on Aug 1 as industry in dire straits

Posted on July 30, 2012 by Ritesh Pothan

According to a recent estimate, wind power capacity addition is expected to be half what it was last year. Against the backdrop, the Minister for New and Renewable Energy, Dr Farooq Abdullah, is scheduled to meet representatives of the wind … Continue reading →

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Is the answer to India’s energy future blowing in the Wind? – by Ritesh Pothan

Posted on June 22, 2012 by Ritesh Pothan

Ritesh Pothan offer us an in-depth analysis of the wind industry present and future in India. “Wind is still considered an area of growth by the MNRE however the situation on the ground is a different story,” says Ritesh. “There … Continue reading →

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We’re not responsible for your losses, TN wind industry tells Tangedco

Posted on June 22, 2012 by Ritesh Pothan

Wind power producers in Tamil Nadu have strongly denied that the state-owned power utility, Tamil Nadu Generation and Distribution Company, is losing around Rs 1,200 crore because of the wind power sector in the State. In its response to Tangedco’s … Continue reading →

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Blowing in the Wind

Posted on May 22, 2012 by Ritesh Pothan

Is the answer to the Indian Renewable story blowing in the wind? Read about it on my article on Renewable Energy Magazine Ritesh Pothan offer us an in-depth analysis of the wind industry present and future in India. “Wind is … Continue reading →

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Brief update on Key Presenters at the WRETC 2012 – New Delhi

Posted on April 25, 2012 by Ritesh Pothan

Tarun Kapoor – Joint Secretary MNRE had this to say MNRE is working on monitoring RPO by pushing DISCOMs and States but there is confusion on the purchase of RPOs. The purchasers are focusing on the statement that purchases can … Continue reading →

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Wind Independent Power Producers welcome scrapping of Accelerated Depreciation

Posted on April 8, 2012 by Ritesh Pothan

The wind industry is divided over abolition of ‘accelerated depreciation‘ benefit (which allowed higher depreciation for calculating taxable profits in the first year of buying a wind turbine.) While the Indian Wind Turbine Manufacturers’ Association (IWTMA) has expressed dismay over … Continue reading →

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Renewable energy, grid parity – myth today or tomorrow’s reality!

Posted on April 4, 2012 by Ritesh Pothan

  Grid Parity per Wikipedia is defined as “the point at which alternative means of generating *(continuous) electricity produces power*(throughout the day) at a levelized cost that is equal to or less than the price of purchasing power from the grid. … Continue reading →

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India’s transmission and distribution utilities – It’s time to transform

Posted on April 4, 2012 by Ritesh Pothan

The need for power has seen tremendous growth in the last decade riding on the prosperity that various export oriented sectors, have heralded, in India. This economic growth has increased living standards for the common man who now demands more than just roti (food), … Continue reading →

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No more accelerated depreciation for Wind Turbines in India but GBI may continue

Posted on April 3, 2012 by Ritesh Pothan

Spending on new wind farms in India, the world’s third-largest market for turbine producers such as Suzlon Energy Ltd. (SUEL) and Gamesa Corp. Tecnologica SA (GAM), may stall as the country cut a tax break this month, industry officials said. “Investment could come to … Continue reading →

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CERC issues tariff guidelines for Biomass as well as other renewable energy forms

Posted on March 17, 2012 by Ritesh Pothan

The Hindu Business Line CHENNAI, FEB. 13: The Central Electricity Regulatory Commission (CERC) has issued the norms for determining tariffs of electricity generated from various renewable energy sources. These norms apply for the five-year-period beginning 2012-13. SOLAR ENERGY An interesting … Continue reading →

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Renewable energy, grid parity – myth today or tomorrow’s reality!

Posted on March 9, 2012 by Ritesh Pothan

Ritesh Pothan provides an exhaustive analysis of the cost of renewable energy and the path towards grid parity. “There is a tremendous amount of benefit that renewable energy can provide to a nation already bogged down by increasing inflation and … Continue reading →

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Wind to loose tax accelerated depreciation break come April 2012

Posted on January 18, 2012 by Ritesh Pothan

Source: Bloomberg India will discontinue a tax break for wind farms starting in April, the beginning of the financial year, potentially stalling growth in a $3 billion market dominated by turbine-supplier Suzlon Energy Ltd. “Accelerated depreciation will go away in … Continue reading →

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Events: Wind IPP Summit: 2012 – Scale, Offshore and Repowering: Building Future Wind Capacity

Posted on November 30, 2011 by Ritesh Pothan

Wind IPP Summit: 2012 – Scale, Offshore and Repowering: Building Future Wind Capacity  17 – 18 January, 2012, Mumbai, India Wind energy is the largest source of renewable energy in India. Wind power in India has shown sharp growth, with … Continue reading →

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Australian Carbon Tax Legislation has now been passed and will convert into an emissions trading system in 2015

Posted on November 15, 2011 by Ritesh Pothan

For all those Renewable Energy Projects who have written off carbon credits as a funding mechanism should take heart in the form of the Australian Carbon Tax legislation which allows for purchase of carbon credits from outside Australia post 2015, … Continue reading →

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New REC forebearance price target for next control period beginning 1st April 2012 announced

Posted on June 29, 2011 by Ritesh Pothan

A new order released by the Central Energy Regulatory Commision (CERC) has reduced the REC prices for both Solar and Non-Solar Renewable Energy Certificates (REC) with effect from 1st April 2012. The most significant reduction is of the Solar REC forbearance prices … Continue reading →

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Will REC’s be the solution for grid based renewable projects in India

Posted on May 21, 2011 by Ritesh Pothan

The REC (Renewable Energy Certificate) mechanism was introduced last year with the intent to subsidize the market for renewable energy power though these certificates have only started trading in the month of March 2011. There have been numerous conferences on … Continue reading →

Posted in Biomass, Hydro, Renewables, Solar, Wind | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 17 Comments