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Monthly Archives: June 2017

SoftBank’s India solar ambitions may gain from Modi’s EV push

According to reports, SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit informed. India is considering electrifying all its vehicles over the next 15 years, a plan that could boost SoftBank’s solar ambitions in the country if the government adopts renewable energy to charge the vehicles. SoftBank, which has said it will invest up to $20 ... Read More »

Why India can be a world leader in clean energy

According to reports, would you be surprised if I told you India was already a leader in clean energy, the most important technology of the future? Don’t worry you are not alone. In fact it’s more surprising the Indian government doesn’t brag about its achievements given it has shown no such shyness on other issues. Across India, right now there are villages where households get loans to buy a solar power system for a few light bulbs inside. They don’t need ... Read More »

US bucks trend amid increases for clean energy research

According to reports, energy ministers from around the world gathered in Beijing this week to report increased spending to help counter climate change. Yet one prominent voice, that of US Energy Secretary Rick Perry, delivered a starkly countervailing message as the Trump administration seeks to roll back spending on clean energy and promote fossil fuels. India, France, Norway, Canada, Australia, Japan and others said during a private meeting of ministers earlier this week that they were on track to double ... Read More »

China’s Envision Energy to set up operations in India

According to reports, Envision Energy, the second largest wind turbine manufacturer in China, intends to bring its products to India, the company’s Founder and Managing Director, Lei Zhang, said on Thursday. “We will set up manufacturing facilities for sure,” Zhang told BusinessLine here, on the sidelines of the 8th Clean Energy Ministerial, a policy-cum-technical conference of clean energy ministers of 25 countries including India. Zhang was a speaker at the event. Envision has been waiting for approvals from the Indian ... Read More »

Topaz Solar Power to set up 500 Mw unit in Odisha for Rs 220 cr

According to reports, Kolkata-based Topaz Solar Power proposes to set up a solar module manufacturing plant in Odisha with an annual capacity to produce 500 megawatts (Mw) of solar panels. This will be the first solar panel manufacturing facility in the state, which of late has identified renewable energy as a priority area. The project, which will come up on 5 acres of land in the vicinity of Bhubaneswar, is estimated to cost Rs 220 crore. Of this, Rs 80 ... Read More »

GOVT READY TO IDENTIFY MORE AREAS FOR RENEWABLE ENERGY PROJECTS

According to reports, the Chhattisgarh Government will identify more potentially rich areas for installation of renewable energy projects and carry out advance planning for evacuation and transmission of power in an effective and coordinated manner. The commitment was made by the State to the Union Ministry of Power as per a document presented by Union Ministry of Power in a Conference of Power, Renewable Energy and Mines held on May 3 and 4 in New Delhi this year. A total ... Read More »

‘Green energy can create 58,000 jobs in India by 2022’

According to reports, employment opportunities in India’s renewable energy sector are going to almost double by 2022, according to the International Renewable Energy Agency (IRENA). “The Council on Energy Environment and Water and the National Research Development Corporation project that utility and park scale PV (photovoltaic) projects through 2022 could create 58,000 direct jobs (in India),” IRENA said in its Annual Review 2017 for Renewable Energy and Jobs. IRENA estimates that employment in India’s renewable energy sector has grown to ... Read More »

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