in News Departments > FYI
print the content item

REpower Systems AG, a Germany-headquartered turbine producer, has signed an agreement with the Essar Group, a conglomerate based in India, for the design and manufacture of 1.5 MW and 2 MW wind turbines in India and marketing in Southeast Asia. The companies have also agreed to set up a joint venture in the near future to allow access to 3 MW and 5 MW turbines, as well other future developments.

"We are happy to be associated with REpower for our foray into the wind energy business," says Anshuman Ruia, Essar's director. "We are confident that this is the beginning of a long and mutually beneficial relationship. The agreement comes at a time when there is a huge demand for power in India, and it also fits in perfectly with our strategy of diversifying into renewable energy sources."

According to the companies, REpower's 1.5 MW turbines are ideal for India's wind conditions. Essar adds that as of last March, India has approximately 5,300 MW of installed wind power capacity, and it will see an additional capacity of 1,700 MW to 1,800 MW in the current financial year.


Trachte Inc._id1770
Latest Top Stories

Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.


Having Their Say: CanWEA Clarifies True Source Of Canadian Wind Success

The Canadian Wind Energy Association (CanWEA) takes issue with a recent report summary regarding various renewable energy policies in North America.


FWS Issues Landmark Eagle Take Permit: What Does It Mean For Wind Projects?

The U.S. Fish and Wildlife Service's (FWS) recent decision has far-ranging implications for operating wind farms, as well as for those under development.


'Significant' Opportunity Exists Within Wind Energy's O&M Services Market

An increasing number of wind turbines are nearing the end of their warranty period, creating significant revenue-generating opportunities within the wind turbine operations and maintenance (O&M) sector.

Renewable NRG_id1934