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Daily Archives: August 4, 2011

Moser Baer may mull IPO for Clean Energy arm next year

As readers of Panchabuta are aware, Moser Baer Clean Energy Limited (MBCEL), a subsidiary of Moser Baer Projects Private Limited (MBPPL) has commissioned the country’s largest and the first 5 MW solar farm at Sivaganga in Tamil Nadu in December last year. The technical expertise for commissioning was provided by the EPC (Engineering Procurement Commissioning) arm of Moser Baer Solar Limited. Since, International Finance Corporation (IFC), a member of the World Bank Group, announced an investment of $4 million in India’s ... Read More »

Development of Bio-Energy in India

The Ministry of New and Renewable Energy (MNRE) has been promoting biomass based gasifier and biogas based power systems for providing unmet demand of electricity in villages in association with state governments, NGOs, village level organizations, institutions and private entrepreneurs for their captive use and / or sale of electricity to individual / community etc. In a written reply to a question in Rajya Sabha earlier this week, Minister of New and Renewable Energy, Dr. Farooq Abdullah said that the ... Read More »

Suzlon Gears Up for India Orders

According to reports, Suzlon Energy Ltd. Wednesday said it is ramping up project execution capabilities in India to meet rising demand for wind energy in the country and is looking to acquire small technology companies to add value to its business. Suzlon Energy is India’s largest wind turbine manufacturer, with about 50% of the country’s market share, and about 10% of the global wind energy market along with its German unit, REpower Systems SE. A tough economic environment hurt sales ... Read More »

SunPower Signs 15-Megawatt Supply Agreement with Mahindra

SunPower Corp. (NASDAQ: SPWRA, SPWRB) announced today that Mahindra EPC Services Pvt Ltd  has ordered 15 megawatts of SunPower solar panels and SunPower® T0 Tracker technology for delivery by the end of this year. The solar panels will be used by Mahindra for building multiple grid-connected solar power plants in India in the Punjab, Rajasthan and Gujarat regions. “SunPower offers bankable technology solutions and guaranteed performance,” said Parag Shah, Cleantech head of Mahindra. “As a result, we are confident that ... Read More »

Vestas receives order for 47 MW in India

Vestas has received its first large scale V100 project order in India from an existing customer. The order for 26 units of the V100-1.8 MW wind turbine is for the Vandiya Power Wind Farm project in the state of Gujarat, India. The order for the 46.8 MW wind farm is placed by Powerica Limited which has wind farms that currently employ Vestas V82-1.65 MW wind turbines in Tamilnadu and Gujarat. Powerica is the largest diesel generator set manufacturer in India ... Read More »

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