Over the next five years the company aims to build in Australia a minimum of 2 gigawatt of capacity, Chairman and Managing Director Tulsi Tanti says
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India lost its appeal at the World Trade Organization in a dispute over solar power on Friday, failing to overturn a US complaint that New Delhi had discriminated against importers in the Indian solar power sector
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The complaint alleges that many states prop up their renewables sector with illegal subsidies and and domestic content requirements
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The government is working on a scheme that will compensate state-owned power distribution companies that lose their prime commercial consumers once they become producers of energy
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Earlier Gamesa had signed 52 MW with SMDPL in the first quarter of calendar year 2016. This order entails supply of 26 units of G97-2.0MW T104 turbine and the project is currently under execution
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The project comprises of 28 units of S97-120 m hybrid towers with rated capacity of 2.1 MW each and is scheduled for completion by March 2017
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'Going by the current rate of bidding, Indian solar industry cannot churn profit. There have been widespread concerns on the low bidding'
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The success of large-scale solar has raised questions about the wisdom of continuing incentives for rooftop installations, which remain far more expensive than most other forms of electricity
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The World Bank loan is the global lender's biggest solar aid for any country and comes as India has set a goal of raising its solar capacity nearly 30 times to 100 gigawatts by 2020
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Wind turbine maker Suzlon Group has announced the completion and commissioning of its 4.20 MW maiden wind project for Ahmedabad Municipal Corporation
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