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Daily Archives: August 15, 2011

Satcon sees increased momentum in India

Satcon’s President and Chief Executive Officer, Mr. Steve Rhoades said during the Q2,2011 earnings call that ongoing policy uncertainty across Europe and Asia in the second quarter of 2011 continued to present challenges for the industry. The compounding effects of prolonged policy restructuring in two of the world’s three largest markets as well as an increase in panel supply and reduction in panel and other balance of system cost has led to an environment while project development has slowed considerably ... Read More »

Indian PAT Scheme likely to be notified by 30 September

According to reports, Mr. S. Garnaik, Chief Economist, Bureau of Energy Efficiency (BEE) stated that the notification for implementation of the Perform Achieve and Trade Scheme will come out latest by 30 September 2011. The draft notification is currently with the Ministry of Law and Justice and has already been cleared by the Ministry of Power. Mr. Garnaik was speaking at Capacity Building Program for PAT Mechanism, organized by Power Exchange India Limited (PXIL), BEE and Center for Clean Air ... Read More »

India next big destination for solar energy

India next big destination for solar energy India is turning into the next big destination for solar energy, with demand for solar systems rising in the developing world, including China.  The move to cleaner energy got a further fillip on Wednesday, when India and Germany signed an agreement to set up one of the world’s biggest solar energy station in Dhule district of Maharashtra. For this, the German government owned development bank KfW has approved a loan of Rs 1,600 crore ... Read More »

Neyveli Lignite, GAIL mull venture for underground lignite gasification projects

According to reports, public sector companies Neyveli Lignite Corporation (NLC) and GAIL (India) Ltd are mulling forming a joint venture to undertake underground lignite gasification projects in Tamil Nadu. Confirming this to Business Line, the Chairman and Managing Director of NLC, Mr A.R. Ansari, said the first formal talks were held by the heads of the two companies last week and they have agreed “in principle” to go ahead. It could take about six months to form the joint venture. ... Read More »

Tata Power has 273MW of installed wind capacity and 93MW under commissioning

Tata Power is India’s largest private power utility. Tata Power as an experienced project developer has identified the key challenges and opportunities in the RE space in project execution. The company said that it would focus on the top three renewable technologies of solar, geothermal and wind as far as it is concerned in India. Tata Power has set a target of having 30% of total capacity from “no-carbon power” by 2017 and has earlier talked about plans to add ... Read More »

GMR Infra’s solar unit may come up in Tamil Nadu

The Indian state of Tamil Nadu one of the pioneers in renewable energy and the leader in Wind Energy with about 43% of the installed capacity in India has released a Solar Road map for the state in December last year. Last month, Tamil Nadu Chief Minister J Jayalalithaa said that her government was proposing to bring out the “Vision Document 2025″ meeting the expectations of the industry leaders, she said. “This document will contain clear-cut policies for promoting investments ... Read More »

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