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Monthly Archives: January 2014

Renewable energy pivotal for meeting India’s demand

According to reports, energy demands of India and the UAE are expected to soar over the next couple of years, making the share of renewable energy pivotal to meet the increasing demands, according to a global growth consulting firm. With these synergies, both the countries are most likely to benefit mutually and enhance their capabilities significantly, Abhay Bhargava, head, energy and power systems practice, Middle East and North Africa, Frost & Sullivan said in a statement. “Aspects like providing and ... Read More »

Greenko Commissions 50 MW Andhra Pradesh Wind Farm

According to reports, Greenko Group, the renewable energy company, on Thursday commissioned a 50-mw wind farm in Anantapur district, Andhra Pradesh. The wind farm was built with an outlay of euro 43 million using Gamesa’s G97 turbines and has a capacity to deliver better performance in an average year. With this, the company’s total installing power generating portfolio has  increased to 476 MW. Greenko said, the phase-3 of the farm comprising an additional 50 mw was under construction and was ... Read More »

Convert your inverter into solar one

According to reports, city residents have the option to convert their existing inverter into a solar one with 30% subsidy from the UT administration. As part of the incentive offered with financial assistance from ministry of new and renewable energy, 100 households will be chosen in the first phase. Chandigarh Renewal Energy, Science & Technology Promotion Society (CREST) has extended the last date for acceptance of applications till February-end. UT director, environment and wildlife, Santosh Kumar said the scheme will ... Read More »

Bangalore startup offers solar power backpacks

According to reports, during field visits to the outskirts of Bangalore as a consultant in 2012, Gandharv Bakshi’s mobile phone would constantly run out of power. A casual mention of his frustrations to fashion designer wife led to the emergence of Lumos Design Technology—which makes bags with an inbuilt battery that can power mobile devices through solar power. Bakshi, 30, who was also studying at IIM-Bangalore at the time, opted out of placements and started working on a prototype for ... Read More »

IIT-M’s idea of supplying small amounts of DC power to homes will end power cuts

According to reports, in a welcome collaboration between the government and technologists, a new experiment to spare Indians the travails of power cuts is getting underway in South India. The idea is very simple. A variety of household equipment now runs on direct current (DC), rather than the alternating current (AC) that is supplied to households from the distribution grid. And these things, LED lighting, flat panel TV or computer monitors, mobile phones and computers, all run on very little ... Read More »

Reliance Clean Power amalgamation with R-Power gets Sebi nod

According to reports, capital market regulator Sebi has approved the amalgamation of Reliance Clean Power Pvt Ltd (RCPPL) with Reliance Power Ltd. The board of private power utility Reliance Power had approved the amalgamation scheme in November. Reliance Power and RCPPL are part of Anil Ambani-led Reliance Group. Securities and Exchange Board of India has given its nod for the proposed merger. “…We do hereby convey our ‘No Objection’ with limited reference to those matters having a bearing on listing/ ... Read More »

Indian Renewable Fine Represents 2.3 Seconds of Utility’s Sales

According to reports, an Indian power regulator threatened to fine a local utility 2,000 rupees ($32) a day for breaking renewable energy rules, about the same as the company generated in sales every 2.3 seconds in recent years. Northern Uttarakhand state’s watchdog warned Uttarakhand Power Corp. that failure to meet obligations to buy clean electricity by March 31 would lead to the daily penalty. In India’s first such fine since its renewable program was set up three years ago, Managing ... Read More »

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