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Renewable Energy Seen Generating One Million Jobs

According to reports, as India, the world’s third-largest emitter of greenhouse gases but 127th in terms of per capita emissions, ponders over an energy-balanced growth, jobs creation and environment protection in the future, there is encouraging news. The renewable energy sector, a particular focus of attention for Prime Minister Narendra Modi, has generated 400,000 jobs till 2014, according to a report released by the International Renewable Energy Agency (IRENA). The sector could generate a million jobs by 2022, if the ... Read More »

TNERC re-nominates Nine SAC Members

According to reports, Tamil Nadu Electricity Regulatory Commission (TNERC) has re-nominated nine persons as members of its State Advisory Committee (SAC). The SAC normally consists of 21 members, including four ex-officio members, TNERC Chairman and two members and secretary of the Co-operation, Food and Consumer Protection Department. TNERC Secretary S Gunasekaran in a recent notification has re-nominated nine persons as SAC members. Secretary of the Energy Department was appointed as government representative, Chairman and Managing Director of Tamil Nadu Electricity ... Read More »

WB gives Rs 2,500 cr loan for improving AP power efficiency

According to reports, the World Bank has agreed to provide around Rs 2,500 crore loan to Andhra Pradesh for enhancing efficiency in the power sector, an official statement said. The funding is towards enhancing rural supply, smart city, smart metering, distribution strengthening investments including those for new capital city, transmission systems including network strengthening and augmentation, among others, State Energy Conservation Mission said. Meanwhile, the Government of India, in a communication to state government today informed that German development bank, ... Read More »

Statkraft testing solar in four nations including India

According to reports, Statkraft, Europe’s biggest generator of renewable energy, is running small tests of solar power in four countries to see the potential to diversify from hydro and wind power, chief executive Christian Rynning-Toennesen said. The Norwegian state-run firm, whose energy portfolio is about 97 percent based on renewables, is testing solar in Britain, Germany, Turkey and India, as part of efforts to promote clean energy and slow climate change, he told Reuters. “Solar power is expanding rapidly and ... Read More »

Electric vehicle Zbee on Delhi roads soon

According to reports, by July this year, you will be able to enjoy a safe ride in the electric vehicle Zbee for your shopping trip to the mall. Developed by Swedish company Clean Motion, the 230-kg eco-friendly vehicle will ply on Delhi roads to offer last mile connectivity from metro stations. “We have tied up with DLF and the pilot in Delhi will see 50-75 vehicles connecting DLF Place Saket mall with Malviya Nagar station. The second phase will see these vehicles ... Read More »

Infosys will spend Rs 400 crore to become carbon neutral

According to reports, Infosys will spend about Rs 400 crore over the next four years to achieve carbon-neutrality on commuting and travel by its nearly 1.8 lakh employees and in doing so deepen its commitment to sustainability, a senior executive at India’s second-largest software services company said. The Bengaluru-based company will have to offset 3.74 lakh tonne of carbon dioxide attributed to employees’ travel, and it will spend Rs 70 crore this year on initiatives such as installing solar projects ... Read More »

Punjab set for revolution in renewable energy sector: Sukhbir

According to reports, Punjab was all set for major “revolution” in renewable energy sector due to a large scale investment in solar power projects, unique net metering policy and farm-level solar power projects, Deputy Chief Minister Sukhbir Singh Badal today said. He also said that the initiatives by the state government will ensure wider participation of investors, common people and farmers. Badal was speaking after Upkar Singh Sandhu took over as Chairman of Punjab Energy Development Agency here, according to ... Read More »

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