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Daily Archives: October 27, 2011

Curb speculation, scrap biofuel sops in India to check food price volatility: FAO panel

According to reports, speculation on the futures market and diversion of food for energy use in the form of biofuels, among a few other factors, has contributed to food price volatility of recent years. Transparency in the futures markets and tighter regulation of speculation is necessary while governments must abolish targets and remove subsidies on biofuels, Dr M.S. Swaminathan-led High Level Panel of Experts on Food Security and Nutrition at the FAO (Food and Agriculture Organisation) said in a report ... Read More »

Discoms in India eye solar power

According to reports, power discoms are eyeing solar power. Tata-backed NDPL, which supplies power to north and northwest Delhi, has said it will generate 1.91MW of solar power by the end of the year. Approvals for three projects are expected next month, while nine projects have already been commissioned. The pilot solar project in NDPL’s office in Hudson Lane was commissioned in 2008. Eight other projects in areas including Keshavpuram, Narela and Bawana are already functioning and generating 1.25MW of solar energy. ... Read More »

Spain’s T-Solar Continues its International Expansion With the Construction of 61 MW in India and Peru

The T-Solar Group, a major solar-PV power generator world-wide, is continuing its international expansion with the construction of a further 61 MW in Peru and India. The group, which already has over 230 MW under operation and construction in Spain, Italy, India and Peru, has just brought its first PV power plant (5 MW) in India online. The new plant uses thin-film amorphous silicon panels produced in the company’s state-of-the-art factory in Galicia (Spain). It is located near the city ... Read More »

Rural Electrification Corpn may fund power purchases on bourse

According to reports, power sector lender Rural Electrification Corporation (REC) is looking at the option of funding power purchases on the IEX, the country’s largest power exchange. The move by the state-owned lending institution, which has predominantly restricted itself to financing generation projects and distribution utilities so far, comes in the wake of a power shortage situation that has forced renewed interest in spot electricity market deals. During the last couple of years, spurred by the cheap electricity tariffs quoted ... Read More »

Karnataka cancels 18 grid interactive solar projects

According to reports, the Karnataka government’s ambitious plan to generating 200 Mw power from the solar photovoltaic power projects has suffered a setback with the Union ministry of new and renewable energy (MNRE) rejecting the proposal to grant subsidy for 18 projects from the state. As a result, the state government has been forced to cancel the permission granted to those projects. The state government had allotted 129 Mw of grid-connected solar photovoltaic power plants to various developers covering 21 ... Read More »

Uttar Pradesh government subsidy to villages using solar power

According to reports, in order to promote solar power, the government is subsidising the technology. Besides, efforts are also on to encourage people to get into using the solar energy equipment. In rural areas, the village pradhans who are willing to set up a solar power plant are given 50% subsidy by the government, for up to 200 Mw(sp? kw). In some of the villages, such efforts have already paid off. Ensuring affordable, adequate and uninterrupted power supply to domestic ... Read More »

US, India facing same challenge of providing energy: Envoy

According to reports, US and India are facing the “same challenge” of providing for the energy needs of their people while ensuring that environment is not harmed, US Consul General in Kolkata Dean R Thompson has said. ‘India and USA are working to make progress in the areas of strategic cooperation, which includes security issues, energy and climate change’. “This is an area where we face the same challenge, how do we provide for the energy needs of our populations ... Read More »

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