The World's #1 Renewable Energy Network for News, Information, and Companies.

Asia Report: India Slashes Wind Incentive

India has drastically scaled back tax incentives for wind generation in a move that many fear will halt new wind energy investment while derailing the manufacturing base that has grown up to support that growth.

It’s a scenario that in many ways resembles the turbulence being felt in the American wind industry, which is facing an end to its tax incentive at the end of 2012.

According to Bloomberg, a tax break that allowed projects to claim an accelerated depreciation at 80 percent of the cost of equipment expired on March 31, and that incentive has been dropped to 15 percent. Demand for turbines may drop by nearly 400 megawatts because of the planned cut, Bloomberg New Energy Finance said in July.

The tax break is credited with driving 70 percent of the nation’s installations in the last fiscal year.

The end of the generous tax break came just as a report surfaced that found that the nation’s wind energy potential is up to 30 times greater than the previous generally accepted assessment.


India’s Newest 40 MW Solar Farm Commissioned: In what can be termed as a major leap toward solar power generation in western Rajasthan, the country's largest solar power plant with an installed capacity of 40 MW started producing electricity over the weekend.

India’s Solar Excitement: Proceed With Caution: With its population already more than 1.2 billion and on track to surpass China by 2030, India is in dire need of energy. Though the government set an initiative to power the entire country by March 2012, nearly 300 million are still living without electricity. A look at how India is aiming to solve this, in part, by building solar farms.

Order In for CSP Plant in India: Siemens Energy has been awarded an order for the Megha parabolic trough concentrating solar thermal power plant to be built in Andhra Pradesh, near Hyderabad, India.


Prepping for a FiT in Japan: Solar Frontier and Japan Asia Group have signed a solar energy project promotion memorandum of understanding to accelerate photovoltaic projects in Japan with anticipation of a new feed-in tariff.

Could FiT Spark A Boom: Japan's 10 regional power companies drew up plans in 2008 to build a total of 22 large solar plants with capacity of 102.3 megawatts to help the world's fifth-biggest emitter cut greenhouse gas emissions while ensuring energy security. Their plans could be followed by dozens more large solar projects by non-utility companies if the pricing for the scheme is as lucrative as what Japan Photovoltaic Energy Association has proposed of 42 yen ($0.5) per kilowatt hour for 20 years. A panel of experts started a debate on the pricing last month and is expected to finalise a report to Trade Minister Yukio Edano in May at the earliest.


Opening A Wind Farm Corridor: China is seeking to develop the Hexi Corridor, part of the ancient Northern Silk Road that lies inside China, into a demonstration zone for renewable energy in a move to lessen its dependence on foreign oil and gas.

China’s Inverter Market: Thanks largely to China's national feed-in tariff (FiT) implemented last summer, the domestic market for PV inverters quintupled in 2011 to surpass 2.5 gigawatts (GW) of shipments, some 2.4 GW of actual installations, and $300 million in revenues, says IMS Research.

Biodiesel Test Run in India: Extract of the slimy green algae found in abundance across India's 7,517 km coastline is all set to fuel vehicles. This week, the country will witness the first test run of vehicle running on a 100 percent marine microalgal biodiesel in New Delhi.

Floating Wind Farm Planned in Japan: Japan is preparing to bolt turbines onto barges and build the world’s largest commercial power plant using floating windmills, tackling the engineering challenges of an unproven technology to cut its reliance on atomic energy. Marubeni Corp., Mitsubishi Heavy Industries Ltd. and Nippon Steel Corp. are among developers erecting a 16-megawatt pilot plant off the coast of Fukushima, site of the nuclear accident that pushed the government to pursue cleaner energy.


If you are an industry expert and would like to be a contributor for, please contact us at so we can show you how to get started.


March 19-26, 2012 Asia Report: India’s Wind Potential 30 Times Greater Than Believed
March 5-12, 2012 Asia Report: After Quake, Japan Pushes for Asia Supergrid
Feb. 27-March 5, 2012 Asia Report: Decision on Trade Dispute Looming
Feb. 20-27, 2012 Asia Report: China Launches Renewable Energy Think Tank
Feb 6-13, 2012 Asia Report: India Sees 52 Percent Rise in Investments
Jan. 23-30, 2012 Asia Report: DOC Extends Solar Trade Case Deadline
Jan. 16-23, 2012 Asia Report: China Has Strong Words Over U.S. Wind Investigation
Jan. 9-16, 2012 Asia Report: China, South Korea Leaders at World Energy Summit
Jan. 2-9, 2012 Asia Report: SolarWorld Plans to File European Complaint


First Anniversary of The Balkan Floods Highlights Renewable Energy Market Opportunities

Ilias Tsagas, Contributor One year ago this month, severe flooding in Serbia, Bosnia-Herzegovina and Croatia killed 79 people, displaced about half a million and caused economic paralysis of the region. In the wake of these the catastrophic events, ...
Canadian Climate Goals

Canada Announces Weak Climate Target

Danielle Droitsch, NRDC Last week, Canada has announced its contribution to the global effort to reduce greenhouse gases by announcing its post-2020 target. The target announced today is off-track to the 80 percent cut by 2050 they committed to in...
Renewable Energy Stocks

What Drives Alternative Energy Stocks?

Harris Roen, The Roen Financial Report Alternative energy became a serious market player after the turn of the millennium. Since that time, solar, wind, smart grid and other alternative energy stocks have experienced both strong up and down trends. The forces at...
Rooftop Solar Panels

Hypocrisy? While Buffett Champions Renewables, His Company Fights Rooftop Solar

Mark Chediak, Noah Buhayar and Margaret Newkirk, Bloomberg Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, the team is comprised of editors from Pennwell Corporation's myriad of publications that ...


Volume 18, Issue 3


To register for our free
e-Newsletters, subscribe today:


Tweet the Editors! @megcichon @jennrunyon



Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

National Geothermal Summit 2015

The Geothermal Energy Association (GEA) is pleased to be holding its fif...


EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

Harnessing the #ElonEffect: Deconstructing the PR Success of Tesla’...

As most of the world has heard by now, Tesla and its co-founder, Elon Mu...


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now