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Daily Archives: March 3, 2013

New initiatives in green energy on the anvil: Farooq Abdullah, Minister New and Renewable Energy

According to reports, promising new initiatives in the field of green energy, Union New and Renewable Energy Minister Farooq Abdullah today expressed hope that the Budget proposals will allow his ministry to ensure that electricity reaches people who do not have access to it till now. “I am happy with the Budget. We have got sufficient fund and they have promised to give more help once we are done with the complete utilisation of the given money,” Farooq said. He ... Read More »

Sun Edison to offer ready-built solar project in Tamil Nadu

According to reports, Sun Edison India is planning a novel approach to setting up a 10 MW solar power project in Tamil Nadu. In the context of the keen interest in investing in solar power generation in the State, Sun Edison, a US-based multinational company in solar power, believes there is an emerging market for ready-built solar power projects. It will set up a 10 MW solar photovoltaic project and look for investors to sell the project, according to reliable sources. ... Read More »

TANGEDCO hopes extending deadline will help attract investment for solar in state

According to reports, the Tamil Nadu Generation and Distribution Corporation, which has received investment commitments to set up power plants that can generate over 200 MW, has given bidders some more time to submit commitment letters, according to industry sources. As of Thursday when the utility’s Board met, it had received letters of commitment from bidders to set up “a little over 200 MW” of solar power generation capacity, according to reliable sources. It is optimistic of receiving some more investment ... Read More »

Bhubaneswar Development Authority (BDA) planning to make solar mandatory for larger buildings

According to reports,  close on the heels of the Union finance minister ruing the burgeoning cost of energy imports while presenting the Budget in the LokSabha on Thursday, the Bhubaneswar Development Authority (BDA) is planning to make it mandatory for buildings beyond a particular size to install their own solar power plant. The BDA, which has been currently in the process of amending the BDA (planning and building standards) regulations 2008, is planning to make it compulsory for buildings of minimum ... Read More »

Unlock solar potential now: Energy experts to Karnataka state government

According to reports, Power and energy experts in city believe that finance ministry has hit the nail on its head by saying that dependence on coal has to be reduced and consecutively directing the electricity distribution companies to restructure their financial position. MG Prabhakar, FKCCI energy committee chairman, power expert told TOI, “It is inevitable to depend on green energy and reduce dependence on coal. We need to face the reality before it gets very late. Karnataka has a huge ... Read More »

Build Your Dreams (BYD) launches solar products in India

According to reports, Build Your Dreams (BYD) in association with Solar Lights and Infra (India) Private Limited has launched a wide range of solar utilities. Build Your Dreams is one of the major rechargeable battery manufacturers globally. BYD’s focus is on creating a green energy revolution. BYD solar power projects and products have state-of-the-art features and are used all around the world. According to Zhao Tong, General Manager, Solar Energy, BYD, some major brands that use solar batteries from BYD are ... Read More »

A serious bid to harness green energy potential

According to reports, it is indeed encouraging and a great boost for the wind energy sector that generation-based incentive has been reintroduced for which Rs 800 crore will be allocated to the ministry of new and renewable energy. It is heartening to know that low interest rate funds will be provided from National Clean Energy Fund for a period for five years. These steps are sure to encourage not only domestic investors but also foreign investors, who will recognise wind ... Read More »

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