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Daily Archives: December 23, 2013

ReNew Power scouts for fresh investors to boost production

According to reports, ReNew Power Ventures, an independent renewable energy power producer in the country, is scouting for fresh investors, its founder said.”We are looking for high quality investors who have a good understanding of the renewable energy sector,” Sumant Sinha, founder chairman and CEO at Re-New Power, told ET. Currently US investment bank Goldman Sachs owns the company, which has an installed wind power capacity of 375 mw. “Our revenues consolidate into the parent account of Goldman Sachs and ... Read More »

Sun to power Samayapuram temple

According to reports,  Solar energy is set to power the famedSamayapuram temple once the renovation work is completed. The temple is being given a facelift with the intent to provide ample facilities for the ever-rising number of devotees. The renovation work is expected to be completed by March-end, temple administrators said. Currently, structural works are being carried out for the expansion of the ‘prakaras’ (walkways) and solar panels are being installed. Three solar plants set up at the cost of Rs 40 ... Read More »

Research body joins hands with Bayer to develop solar dryers for farm produce

According to reports, Planters’ Energy Network, a research organisation, and Bayer MaterialScience have joined hands to develop sustainable and efficient drying technologies to solve post-harvest problems. In Tamil Nadu, Bayer has chosen eight places for installing solar dryers and sensitising farmers on the benefits of the technology. These include Krishnagiri for mango, Thottiam for banana, Pollachi and Ottanchattiram for vegetables and Virudhunagar for chilli. Isaac Emmanuel, Head – Business Development and Social Business Initiatives, Bayer MaterialScience, told Business Line that his company ... Read More »

Tata Power Wins MERC Approval to Postpone Solar Target to 2016

According to reports, Tata Power won approval from an Indian state electricity regulator to postpone fulfillment of annual solar-power procurement targets by as many as five years to 2016. The utility unit of India’s biggest industrial group has been unable since 2010 to source enough solar power to meet government renewable mandates because of a shortage of sun-based generation in the country, the Maharashtra Electricity Regulatory Commission said in a Dec. 20 order. “It faced a genuine difficulty,” the commission ... Read More »

Tech Committee Okays Odisha GEDCOL Proposal

According to reports, the State Technical Committee (STC) has approved the proposal of the Green Energy Development Corporation Limited (GEDCOL) for establishment of a solar power park at Manamunda Industrial Estate in Boudh district. The first meeting of the STC held recently discussed the technical details of the project which proposed to generate about 50 MW of solar power with an investment of ` 400 crore. The detailed project report is under preparation by WAPCOs, a Government of India undertaking ... Read More »

Mytrah commissions 150MW new projects taking installed wind capacity to 460MW

Mytrah Energy Ltd Monday said it had now completed turbines with an average capacity of 150 megawatts across its three new sites, taking total installed capacity to 459.9 megawatts from 309.9 previously. “All three projects are being commissioned on a rolling basis with the stabilisation process being conducted throughout the first quarter of 2014, which is expected to allow Mytrah to capture the benefit of the 2014 wind season on the full portfolio of 548.1 megawatts,” it said in a ... Read More »

MERC against competition in wind power

According to reports, even as MSEDCL is facing allegations of irregularities in power purchase, Maharashtra Electricity Regulatory Commission (MERC) has turned down a plea in which MSEDCL was seeking transparency. MSEDCL wanted to purchase wind power through competitive bidding, but the Commission wants MSEDCL to buy it at rates fixed by it. MSEDCL filed a petition in MERC seeking a review. The Commission agreed that it was a valid point, but referred the matter to a committee headed by principal ... Read More »

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