Energy

RWE, Tata Power to scope offshore wind projects in India

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This image shows onshore wind turbines in Gujarat, India.

Shiv Mer | Istock | Getty Images

German energy giant RWE and India’s Tata Power on Monday announced a collaboration that will focus on developing offshore wind projects in India.

The firms said a memorandum of understanding relating to the plans had been signed by RWE Renewables GmbH and Tata Power Renewable Energy Limited.

“India has excellent wind resources, which can help to meet the country’s increasing energy demands,” Sven Utermöhlen, RWE Renewables’ CEO for offshore wind, said in a statement.

“If clear regulations and an effective tender scheme are in place, we expect India’s offshore wind industry will gain a real momentum,”…



Source cnbc.com

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