Suzlon Energy Q4 loss at INR 1.88 Billion; COO Sumant Sinha quits to follow entrepreneurial interests (via Panchabuta – Cleantech & Renewable Energy in India)

Suzlon, had recently restructured its  FCCB (Foreign Currency Convertible Bonds)  at a conversion price of around Rs 100/sh. Since, they have gone on record stating that they expect this year to be a down year for wind, as companies in Europe are postponing orders, as the debt crisis makes it difficult to raise funds for renewable-energy

Suzlon sees a down year for Wind (via Panchabuta – Cleantech & Renewable Energy in India)

Suzlon Says European Companies Delay Turbine Orders May 12 (Bloomberg) — Suzlon Energy Ltd., India’s largest wind-turbine maker, said companies in Europe are postponing orders as the debt crisis makes it difficult to raise funds for renewable-energy projects. “A lot of projects are being deferred,” Chairman Tulsi Tanti said in an interview recorded with Bloomberg

Advancing Renewable Energy with the Colorado Renewable Energy Collaboratory (via One Green World!)

The Colorado Renewable Energy Collaboratory announced this week that the Center for Revolutionary Solar Photoconversion (CRSP) has provided $800,000 of funding for 10 advanced solar research projects in Colorado. Allocated to the four research institutions in Colorado that comprise the Colorado Renewable Energy Collaboratory; Colorado State University, Colorado University-Boulder, Colorado School of Mines and the