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Daily Archives: March 12, 2013

Coimbatore to Host Solar Energy Investment & Technology Forum

UBM Conferences in association with Renewable Energy India (REI) Expo is hosting the Solar Energy Investment & Technology Forum on April 9 2013 at The Residency, Coimbatore, India. This forum focuses on helping the large scale industries in and around Coimbatore to understand how to handle SPO (Solar Purchase Obligation) under Tamil Nadu Solar Energy Policy 2012. It will also discuss cost-effective techniques of implementing solar energy systems to tackle basic power requirements. The forum will address problems around electricity demand/supply gap and explore ... Read More »

MNRE Sets Target of 30,000 MW Capacity addition during 12th Plan

The Ministry of New and Renewable Energy is implementing a number of renewable energy schemes / programmes such as wind, small hydro, biomass and solar throughout the country, for enhancing power generation from renewable energy sources. The Government is also giving various fiscal and financial incentives, such as capital/interest subsidy, accelerated depreciation, concessional excise and customs duties to promote power generation from new and renewable energy sources. Among the other steps taken to promote power generation from alternative sources of ... Read More »

ABB expands production of solar inverters to India, books 200 MW order

ABB  has expanded the production of its solar inverters by opening a production line in India to support the rapidly growing local photovoltaic (PV) market. The first orders from new production line have been delivered already and over 200 megawatts (MW) of orders is booked. The new production line for ABB’s central inverter PVS800 product range was opened at the ABB facilities in Bangalore, India at the end of 2012. The production capacity of the line is more than 500 ... Read More »

Suzlon dropped out of the FTSE global indices on the London Stock Exchange

According to reports, Tata Consultancy Services, India’s biggest IT outsourcer, is likely to be the biggest beneficiary on account of the re-balancing of the FTSE global indices on the London Stock Exchange. The changes are a part of the quarterly review and will be effective from March 18, 2013. Tata Consultancy Services is likely to gain additional weightage on the FTSE global index, prompting buying from passive trackers of the FTSE indexes. Foreign Institutional Investors (FIIs) holding is likely to go ... Read More »

Government mulling club of nations to promote exchange of solar technology, says Union minister Farooq Abdullah

According to reports, India is looking forward to establishing a club of nations blessed with sufficient sunlight and harness energy to promote solar power as a substitute to the conventional form of energy, Union minister Farooq Abdullah said in New Delhi on Monday. Addressing an energy conference organised by the ASPEN Institute, the Minister of New and Renewable Energy also said his ministry is planning to add another 1300 megawatt worth of solar energy projects to the Jawaharlal Nehru Solar Mission ... Read More »

Solar power for corporation schools in Trichy

According to reports, besides some proposed developmental works, the budget for 2013-14 has proposed the installation of solar systems in corporation-run schools and at the headquarters of the civic body. Similarly, the corporation once again included plans to shift some markets in the city considering the nuisance they are causing to the public and hindering traffic movement. Though the project for solar power generation has been proposed in this budget, the idea for implementing it at the Trichy corporation’s main ... Read More »

Welspun Energy commissions solar project in Rajasthan

According to reports, Welspun Energy today said it has commissioned Asia’s largest solar power project in Rajasthan ahead of schedule. India’s biggest developer of solar projects commissioned 50-megawatt solar power plant at Jodhpur district. Welspun, which had earlier this year started a 15 MW unit at the site, has now commissioned two more units of 15 MW and 20 MW solar generator, the company said in a statement. The “utility-scale solar project” was commissioned “in an astounding five months; well ahead ... Read More »

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