Wind Energy Update

• Tatas are stepping ahead in wind energy market by acquiring "Niskalp" . Any guess who is this "Niscalp"? By the way, Tatas plans are really ambitious. The want 400 MW wind capacity in their cap.
• China didbetter than US in 2009 in wind turbine installations, but the major bottleneck in Chinese prograame is lack of transmission capacity.
• Suzlon , despite being in so much trouble that market advise is against its rights issue, bagged a big order of 23 turbines from China.
• In terms of percentage of power through wind, Spain is still the topper. 15% of their total production is from wind. India produces <>
• How much you think India has invested in Green Energy ? Its huge amount. $1 Billion.

Some interesting facts about wind energy

• Asia Pacific ( India-China) is the fastest growing wind energy region. From 1700MW in 2000 to 41000 MW today, the region is going through a boom. Globally , the capacity is 160,000 MW.
• US,Germany ,Spain, China and India are top 5 wind energy producers. Because of boom in Texas windfarms, US took over Germany in 2008.
• 1 MW of windfarm means saving of 2000 Tonnes of coal.
• Costs have also become comptetive. $55.8/MWh for wind, $53.1/MWh for coal and $52.5/MWh for natural gas is the present cost, which is gradually coming down for wind.
• Main Chinese companies are Xinjiang Goldwind, Sinovel Wind and Dongfang Electric Corp. These have developed overcapacity due to state support and now are entering Indian and European markets.