In Parts of India, Wind Energy Proving Cheaper Than Coal

In Parts of India, Wind Energy Proving Cheaper Than Coal | Renewable Energy News Article

renewableenergyworld.com 18 Jul '12, 2pm

In Parts of India, Wind Energy Proving Cheaper Than Coal

“Today we’re able to supply energy below the cost of conventional power,” said Mahesh Kolli, president of Greenko, which is building wind projects with General Electric Co. in India. “That’s the key development for this year.” The cost of wind has closed in on coal thanks to more advanced turbines, which can produce more electricity from lower wind speeds. The shift means new wind farms in India will be able to survive without state subsidies, potentially attracting investors to a country where 57 percent of installed capacity is coal-based and 31 percent renewable, including hydropower. Greenko began operating its first wind project in Ratnagiri in Maharashtra state this year using 1.6-megawatt GE turbines designed for low winds. That farm is “achieving efficiencies never before seen in India,” with a 30 percent plant load factor, Kolli said today by telephone. That’s a m...

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@hemant_Pt » 20 Jul '12, 4am
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In Parts of India, Wind Energy Proving Cheaper Than Coal [link]