Forbes has just launched a business magazine focusing on India and has done a great — if wordy — story on the Indian wind turbine maker, Suzlon. Suzlon is the story of an entrepreneur — Tulsi Tanti — who sold his inherited textile business to start from scratch a renewable energy business installing and servicing […]
Continued growth for U.S. onshore wind energy projects
Executing on a strategic decision to focus on the U.S. onshore wind energy market, BP has exiting from other countries. It has just sold 100 MW of wind energy capacity in India to Green Infra Limited, an independent power producer backed by India’s infrastructure-focused private equity group, IDFC. BP’s decision mirrors those of Shell and […]
Solar energy’s growth pangs
First Solar, the Arizona-based world’s largest maker of solar cells, breaks into the difficult Chinese market with a $5-6-billion deal to build a two gigawatt plant and a stock analyst downgrades the company’s stock from “hold” to “sell” and halves the target price. Why? In the analyst’s words: Even the best thin-film manufacturer in the […]
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