TE Narasimhan / Chennai October 14, 2009, 0:25 IST

India has a potential of generating over 48,000 Mw through wind energy farms, and for that it would require just 1 per cent of its land, according to an estimate by the Centre for Wind Energy Technology (C-WET).

Pattern Energy Group LP said on Thursday that it finished more than $100 million in financing for a 101.2-megawatt wind project in California, citing an easing in the marketplace.

Six banks joined in the debt funding for construction costs, which converts to a term financing facility upon commercial operation.

The long-awaited "smart grid" for U.S. power could play a major role in rolling out renewable energy like wind and solar, the top U.S. power regulator said on Wednesday.

Prashant Rupera | TNN

M. Soundariya Preetha

COIMBATORE: Wind energy generation during the wind season this year (May to October) in the State is almost 15 per cent more than last year, according to K. Kasthurirangaian, chair