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Daily Archives: April 30, 2012

Tamil Nadu plan to encourage energy efficient systems

According to reports, reeling under a severe power crunch, the Tamil Nadu government has drawn up plans to encourage energy efficient systems using solar and other forms of energy in the coming months. The proposals include provision of subsidised solar pumps, generation based incentive scheme for domestic solar roof tops, besides presenting awards to those who use solar power lights effectively. The government has proposed to provide “generation based incentive for domestic solar roof-tops for a total maximum capacity of ... Read More »

West Bengal Government prepares first renewable energy policy draft

According to reports, at a time when the entire world is focusing on non-conventional or renewable sources of energy, it took the eco-friendly Bengal government 10 months to prepare a final draft. Now after years of neglect, the Mamata Banerjee government has now finally prepared a draft policy on renewable energy policy. The draft was submitted that was sent to the state power minister Manish Gupta last week. A power department official said that different changes were made after the ... Read More »

India’s National Solar Mission completes 89% of allotted capacity

According to reports, the National Solar Mission, which aims to install 20,000 MW capacity of solar energy by 2020, has commissioned 89% of its allotted capacity in its first stage, government officials said. The government had signed power purchase agreements (PPA) with 28 solar power developers for 140-MW solar photo voltaic (PV) projects in January 2011, out of which 125-MW of capacity stands commissioned currently. “The progress so far is very good as most of the projects are commissioned. The ... Read More »

Strong Winds bring power to Tamil Nadu

According to reports, with wind-power generation in the state picking up in the last 3-4 days, parts of Chennai, including Kolathur, Villivakkam and OMR, were spared load-shedding Sunday. The districts have been reeling from over 10 hours of daily power cut, while Chennai and suburbs face a two-hour load-shedding. About 2.24 million units of wind power was generated on April 27 and 11.78 MU the next day. On Saturday, high-velocity winds made sure the generation shot up to 21.6 MU. ... Read More »

Rajkot Municipal Corporation plans 50-kW solar power system

According to reports,in a significant move towards developing Rajkot as a ‘solar city,’ the  Rajkot Municipal Corporation (RMC) has set up a 50-kilowatt-peak (kW) solar grid connect system. Finance minister  Vajubhai Vala will inaugurate the newly set up  solar power system at RMC’s east zone office on Monday evening. “Once the 10-kW solar power grid connecting the system becomes operational,  RMC will be able to save 40 to 45 units daily. As of now, RMC’s east zone office consumes around ... Read More »

Bangalore’s RenewGen May Raise $9M From IFC

According to reports, International Finance Corporation (IFC) is looking to invest $9 million in Bangalore-based RenewGen Enviro Ventures India Pvt. Ltd, which is currently developing a waste to energy project in Sri Lanka. The deal would include a mix of debt and equity both at the project level and the holding company level. After the financial closure of the Sri Lanka project, RenewGen Enviro will initiate discussions with other investors for a larger investment round at the holding company level, ... Read More »

Tata BP Solar CEO Resigns as Chinese Rivals Hurt Indian Manufacturers

According to reports, the chief executive officer of Tata BP Solar Ltd. resigned, exiting India’s third-largest panel maker as the industry struggles to cope with oversupply from Chinese competitors that’s crushed prices. K. Subramanya said in an e-mail that tomorrow will be his last day at the head of the solar company and that he hasn’t decided yet what he will do next. He didn’t provide a reason for his resignation. Indian panel makers such as Tata BP, Indosolar Ltd. ... Read More »

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