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Energy Solutions Coming, Vinod Khosla Tells TiE

Energy Solutions Coming, Khosla Tells TiE The world’s energy problems are “much worse than we think” and the solutions coming to solve them are “much better than we think,” leading venture capitalist Vinod Khosla told attendees at the annual conference of The Indus Entrepreneurs in Silicon Valley May 13. ….Khosla gave the audience a choice of hearing a presentation about entrepreneurship or one on energy. A show of hands tipped the decision toward the latter by about a two-to-one margin. ... Read More »

Sarona Asset Management Puts $2M In South Asia Clean Energy Fund

According to reports, South Asia Clean Energy Fund, floated by GEF in partnership with Yes Bank, has raised $2 million from Sarona Asset Management which targets financial returns in frontier markets with a mandate to support communities and environment. South Asia Clean Energy Fund is targeting a total corpus of $300 million. It will primarily invest in Indian companies, but up to a quarter may be invested in Sri Lanka, Bangladesh and Nepal. The fund will make growth capital investments ... Read More »

Indo Asian Fusegear Limited announces a Strategic restructuring-Advance Metering Technology Limited to hold metering and proposed power business

Early last month, Indo Asian Fusegear hads said that they were looking at renewable energy and of their interest to get into power generation. They had then talked about  solar, thermal and hydro and of their plans to take some initial steps in this field in this year. Indo Asian Fusegear Limited (IAFL) announced the demerger of its metering, institutional business and proposed power business from the company, for unlocking shareholder value and tapping further growth opportunities. The Board of Indo ... Read More »

KSK Energy may raise Rs 12 billion to fund wind projects in India

 KSK Energy Ventures, India was started in February 2001 to exploit emerging opportunities in the Indian power sector and have since focused its strategy on the private sector power development market, undertaking entire gamut of development, investment, construction, operation and maintenance of power plants with supplies initially to heavy industrials operating in India and now branching out to cater to the needs of utilities and others in the wider Indian power sector. Panchabuta had earlier mentioned that the company intends to ... Read More »

Teething problems shadow India solar power dreams

Teething problems shadow India solar power dreams …But, despite an encouraging start, several hurdles remain, clouding the possibilities of a sunshine sector that is seen as crucial to India’s energy security plans, according to Debashish Majumdar, chairman and managing director of Indian Renewable Energy Development Agency. “The Solar Mission has created tremendous interest in the solar field. There are project developers, manufacturers, contractors – they all want to get into this big market that has been created,” Majumdar told Reuters in ... Read More »

India to Cancel Solar Permits of Companies That Don’t Get Loans by July 9

As one of the eight National Missions outlined in National Action Plan on Climate Change, the Jawaharlal Nehru National Solar Mission (JNNSM) specifically focuses on solar energy and its role in minimizing future emissions.  The Government has launched JNNSM in January, 2010 with a target of 20,000 MW grid solar power (based on solar thermal power generating systems and solar photovoltaic (SPV) technologies), 2000 MW of off-grid capacity including 20 million solar lighting systems and 20 million sq.m. solar thermal collector ... Read More »

IFC To Invest $55M In Solar Power Company sponsored by SunEdison LLC

SunEdison is implementing solar projects in Gujarat (25 MW), Rajasthan (5 MW) and Uttar Pradesh (1 MW), and hopes to be active in many other States, as and when they come out with their solar policies. Apart from this SunEdison is providing various services including design and engineering services to companies like Azure Power in one of their projects and is  playing an important role in number of other projects under discussion. Further, a couple of  months ago, Baltimore, US-based ... Read More »

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