03 Sep '13, 10am

Rupee Derailing $1.6 Billion India Wind Farm Revival

Rupee Derailing $1.6 Billion India Wind Farm Revival

The rupee’s biggest plunge in 20 years is endangering the recovery of India’s $1.6 billion wind power industry as higher finance and import costs negate benefits from a government subsidy restored last month. The currency’s 17 percent slide against the dollar this year has stalled new investment plans, said Mahesh Makhija, director of renewables at the Indian unit of CLP Holdings Ltd., the largest owner of farms in India. Turbine makers such as Suzlon and Gamesa, who count India among their top three markets, may raise prices, he said. After a record 42 percent drop in installations in the 12 months through March, the industry is set to beat the U.S. for the first time this year after the government reintroduced a cash incentive in August. India, which is fighting to reduce blackouts that hold back economic growth, is seeking to cut dependence on imported fossil fuels and ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

Tweets

India scrambling to reduce oil bill inflated by sinking rupee: NEW DELHI/SINGAPORE (Reuters) - India's top oil...

India scrambling to reduce oil bill inflated by...

reuters.com 05 Sep '13, 1am

By Jo Winterbottom and Manash Goswami NEW DELHI/SINGAPORE | Wed Sep 4, 2013 8:55pm EDT NEW DELHI/SINGAPORE (Reuters) - Ind...

A $1.6 Billion Win In America’s Second Offshore Wind Lease Auction #greenbuilding

A $1.6 Billion Win In America’s Second Offshore...

greenbuildingelements.com 05 Sep '13, 7pm

is a writer, producer, and director. Meyers is editor and site director of Green Building Elements, a contributor to Clean...

Currency Battle: Over past four months, Indian Rupee down 25% and Bitcoin up 35%. #forex #usd #btc…

Currency Battle: Over past four months, Indian ...

telegraph.co.uk 02 Sep '13, 1pm

“Populist fiscal policies have come back to haunt India,” said Kunal Kundu, from Societe Generale. Food and fuel subsidies...

French wind power still on the slide #green

French wind power still on the slide #green

windpowermonthly.com 02 Sep '13, 1pm

Just 198MW was added to the grid in the first six months of the year, the government said, compared with 266MW during the ...

Learn all about #Denmark's largest #offshore #w...

siemens.com 04 Sep '13, 11pm

The Anholt offshore wind power plant was officially inaugurated today. For Denmark's largest wind power project, Siemens s...

Wind Farms Have Little Impact on Property Values

greenbuildingadvisor.com 04 Sep '13, 2pm

A detailed study by the Lawrence Berkeley National Laboratory finds wind turbines have little if any impact on the value o...

How an 'off-grid' hippie built a wind energy empire

How an 'off-grid' hippie built a wind energy em...

mnn.com 05 Sep '13, 5pm

We want to bring about energy independence and sustainability for Britain, not dependence on the global energy market. In ...

US study: Wind and solar to be cost competitive by 2025

US study: Wind and solar to be cost competitive...

businessgreen.com 02 Sep '13, 11pm

Wind and solar power generation will be cost competitive with fossil fuels without recourse to federal subsidies by 2025, ...

Bitcoin in India: Drivers and Barriers to Adoption

Bitcoin in India: Drivers and Barriers to Adoption

thegenesisblock.com 03 Sep '13, 1pm

With talk of inflation and capital controls familiar to the bitcoin community, one might think Indian citizens would be ju...

India mulls night-time ban of fuel sales #greenenergy

India mulls night-time ban of fuel sales #green...

thegreencarwebsite.co.uk 02 Sep '13, 10am

During the global recession, developing economies such as India’s seem to have been the exception to a world-wide downturn...

Asia Report: What's Driving, And Hampering, India's Wind Market Momentum

Asia Report: What's Driving, And Hampering, Ind...

renewableenergyworld.com 05 Sep '13, 2pm

The GBI, whose return was announced this spring , will cover wind plants built between 2012-2017. There's still no decisio...

Army Adds Wind Power To $7 Billion Renewable Energy Buy

Army Adds Wind Power To $7 Billion Renewable En...

cleantechnica.com 10 Sep '13, 11am

The US Army Corps of Engineers has just announced that it has awarded contracts to 17 private companies to build wind turb...

Nokia to sell phone unit to Microsoft for $9 billion

Nokia to sell phone unit to Microsoft for $9 bi...

straitstimes.com 03 Sep '13, 4am

HELSINKI (AFP) - Beleaguered Finnish mobile phone maker Nokia will sell its mobile phone unit to US group Microsoft for 5....

Approval for Australian wind farm: The Bodangor...

renewableenergyfocus.com 10 Sep '13, 12pm

The proposed wind farm comprises 33 wind turbines (up to 120 MW installed capacity), a substation, tracks, cabling and ass...

Wind farm to power nuclear arms plant

Wind farm to power nuclear arms plant

treehugger.com 09 Sep '13, 8pm

If you were to first read Fast Company's article "The Largest Federal Wind Farm Will Power The Dismantling Of Nuclear Weap...