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    Suzlon’s offshore wind pilot in Gujarat to cost Rs 6,000 crore

    According to reports, wind turbine manufacturer Suzlon Energy Limited is planning to invest about Rs 6,000 crore on India’s first offshore windmill project in bay of Kutch in Gujarat. The work on the 600-Mw project, to be set up on a pilot basis, will start early next year. Suzlon is already conducting a techno-commercial feasibility study for the offshore project. However, the company is taking regulatory hurdles and policy framework into consideration, even as it plans to complete the pilot ... Read More »

    15% of India’s power by 2030 to be green, says NITI Aayog

    According to reports, the National Institution for Transforming India (NITI) Aayog has told the environment ministry that renewable sources can make up at least 15% of India’s energy mix by 2030 if present policies are given a push. This analysis was done as part of the government’s strategy to enumerate India’s climate action plan to be submitted to United Nations. The action plan, called Intended Nationally Determined Contributions (INDCs), is awaiting Cabinet approval and is expected to be made in ... Read More »

    UP to announce Biomass Energy Policy 2015

    According to reports, Uttar Pradesh is targetting 1,000 megawatt (mw) of biomass energy under the new UP Biomass Energy Policy 2015, which is being finalised. The government is mulling providing 100% stamp duty on acquiring private land for setting up biomass power plant. If such plant is set up under a joint venture with state nodal agency UP New and Renewable Energy Development Agency (NEDA), the latter would provide land as its equity share. The draft policy is ready and ... Read More »

    Wind forecast to help tap more power

    According to reports, Tamil Nadu has the enviable status of being one of the largest wind power-producing states; it also possesses more around 7,800MW installed capacity of this renewable power. Now to reap the most of this resource, the state is utilising a new wind power forecasting service. The output of wind farms, unlike conventional energy plants, is as changeable as the weather. So it’s not feasible to depend on it as the only source of power. However, this flaw ... Read More »

    Brookfield plans India move, looks at Mytrah, Leap Green

    According to reports, NYSE-listed Brookfield Asset Management is taking its second bet on the Indian green energy sector and is evaluating a potential investment in companies such as Mytrah Energy Ltd and Leap Green Energy Pvt. Ltd. Brookfield Renewable Energy Partners, controlled by Brookfield Asset Management and with around $200 billion in assets, operates one of the largest publicly-traded green energy platforms globally with 7,300 megawatts (MW) of installed capacity. “Brookfield has been firming up its India plans and has ... Read More »

    Solar pact with SunEdision still in force, says Adani Enterprises Ltd

    According to reports, Adani Enterprises Ltd today said that the memorandum of understanding (MoU), which it entered with the US-based SunEdision to set up a solar photovoltaic manufacturing facility in Gujarat, is still in force. Company’s statement came in reply to the clarification sought by the leading exchange BSE on reports that Adani and SunEdison may drop joint venture plans. Adani Enterprises had earlier entered into a pact with the US-based SunEdison for setting up a solar photovoltaic manufacturing unit ... Read More »

    Energy efficiency is low hanging fruit, says Bosch chief

    According to reports, Bosch India sees ‘energy efficiency’ as a ‘low hanging fruit’ and expects to have a major play in that area. In the two years that Bosch has been in that business — an entity owned by it is registered as an ‘energy saving company’ (ESCO) by the Bureau of Energy Efficiency —the company has seen a attitudinal change in its customers, says Dr Steffen Berns, President and Country Head, Bosch India & Managing Director, Bosch Ltd. An ... Read More »

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