Hydro Tasmania is considering developing Australian renewable energy projects outside the nation’s island state as the company looks at expanding a partnership with a unit of China’s Shenhua Group Corp. The Tasmanian state-owned energy company is assessing new wind farms and projects to supply power to remote areas that aren’t connected to the main electricity grid, Chief Executive Officer Roy Adair said ye ...

Wind turbine maker China Ming Yang Wind Power Group said Friday the market prices for 1.5-MW and 2-MW Chinese-built wind turbine generators would rise to CNY 4,000 (USD 642/EUR 471) per kW in 2013. The company's statement came as a confirmation of predictions about the price increase made earlier by chairman and chief executive Chuanwei Zhang. The company said also that it planned to ship 2.5 GW of wind tur ...

Suzlon Energy Ltd., India’s largest wind-turbine maker, received approval to put 66 units of its 2.1-megawatt turbine at the Cookhouse wind farm in South Africa. Suzlon, based in Pune, India, was selected to develop the project in the first round of renewable energy auctions held by the African nation in 2011, it said in a statement to stock exchanges today. The company, which said its lead bankers for the ...

Daewoo Shipbuilding and Marine Engineering Co., the world’s third-largest shipbuilder by revenue, said it will supply South Korea with 10 wind power turbines this year. Daewoo will supply the 2-megawatt capacity turbines to a joint venture with Korea East-West Power Co. The turbines will go to a wind farm project in Younggwang, southwest of Seoul, the company said in a statement. The project will generate e ...

Indian real estate major DLF today said it has sold the 150MW wind turbine project in Gujarat to Bharat Light and Power for Rs 282.30 crore as part of its strategy to exit from non-core businesses. DLF has wind power plants in four states with total installed capacity of 227 MW. This is the third major deal by the country's largest realty firm in last six months. In August last year, DLF had sold a 17-acre ...

  According to data from the China Wind Energy Association (CWEA), wind energy capacity has now surpassed nuclear power to become the third largest source of electricity in China, after coal, and large-scale hydro-electric plants. Wind energy capacity has grown rapidly over the years, fuelled by ambitious renewable energy targets, and strong government support of wind energy manufacturers. By the end o ...

The new company Juwi Shizen Energy, headquartered in Tokyo, is the result of the successful cooperation between Shizen Energy Inc. and the German Juwi group. The companies combine first class international expertise and outstanding Japanese project development expertise plus an excellent track record. Juwi Shizen Energy will support the Japanese in their effort to accelerate the expansion of renewable energ ...

Grid connection and full power have been achieved for two offshore Haizhuang 5MW prototypes produced by CSIC Haizhuang and installed last autumn at the Rudong inter-tidal wind farm in the east China province of Jiangsu. Like many Chinese wind turbine manufacturers, CSIC (Chongqing) Haizhuang Windpower Equipment Co is focused on the rapid development of larger machines designed for offshore deployment. The t ...

China Longyuan Power general manager Xie Changjun is predicting that his company will overtake Iberdrola as the world’s largest wind farm developer by 2014. Speaking at the 20th anniversary of Longyuan’s launch, Xie said: “If all goes well, we will surpass Iberdrola Renewables to be the largest wind farm developer in the world next year.” By the end of 2012, Longyuan Power had installed 10.5GW, the largest ...

Wind turbine maker Suzlon Group has won approval for a Rs.9,500-crore debt restructuring from its domestic lenders. Suzelon’s debt restructuring will be financed by a consortium of 19 banks, who have also agreed to enhance working capital facilities to the group by Rs.1,800 crore with a 10-year back-ended repayment plan. But as part of the corporate debt restructuring, or CDR, package, the group’s promoters ...