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Want to Harness Solar Energy? Your Fourth Partner is Here

According to reports, sensing the underlying business potential in solar energy, first generation entrepreneurs Vivek Subramanian, Saif Dhorajiwala and Vikas Saluguti, founded Fourth Partner Energy in 2010. With pan-India presence, it allows industrial and commercial customers to leverage solar energy to reduce power costs via tailor-made financing models. It offers end-to-end solutions including financial structuring, design, turnkey execution, servicing of captive solar assets. “The financial viability of rooftop solar projects has been proven. We are creating a sustainable business with ... Read More »

Goa to be solar powered

According to reports, Solar City project could also be a part of the Smart City project, though both the projects are independent and floated by two different central ministries. The Ministry of New and Renewable Energy (MNRE) has approved the proposed master plan to develop the capital city into a solar city under the ‘Development of Solar Cities’ programme. Panaji is amongst the 60 cities selected for utilising the alternative source of energy for electrification. Corporation of the City of ... Read More »

Wind turbines to be mounted on telecom towers

According to reports, the ministry of new and renewable energy proposes to encourage the deployment of small wind energy and hybrid systems (SWES) on telecom towers to cut diesel consumption. In this regard, the ministry plans to revise SWES scheme and has invited comments and suggestions from stakeholders by September 21. The revised scheme would be an extension of SWES during the 12th plan period (2012-17). The modifications to the scheme may include caveats including the condition to share at ... Read More »

Energy efficiency is low hanging fruit, says Bosch chief

According to reports, Bosch India sees ‘energy efficiency’ as a ‘low hanging fruit’ and expects to have a major play in that area. In the two years that Bosch has been in that business — an entity owned by it is registered as an ‘energy saving company’ (ESCO) by the Bureau of Energy Efficiency —the company has seen a attitudinal change in its customers, says Dr Steffen Berns, President and Country Head, Bosch India & Managing Director, Bosch Ltd. An ... Read More »

Telecom tower companies turn to renewable energy amid pressure of fixed rentals & costly power

According to reports, telecom tower companies are looking for ways to reduce power consumption and exploring the option of renewable energy amid mounting pressure of fixed rentals from leased slots and costly diesel generated power. Power and fuel used to run telecom towers account for about 60% of a telecom operator’s cost, according to Mohit Rana of AT Kearney, and of this diesel makes up 40%. Although the crash in crude oil prices spells a relief in the coming days, ... Read More »

Soon, Solar Energy for High Rises to be Made Mandatory in Chennai

According to reports, the city planners are toying with the idea of making it mandatory for all multi-storied buildings to install rooftop solar panels to generate green energy. Faced with the fast-paced growth that has made it difficult for basic infrastructure to catch up, sources said this proposal would help ensure that the potential renewable sources were fully tapped before turning to conventional energy. This comes as the Union government is implementing a ‘Grid Connected Rooftop and Small Solar Power ... Read More »

Master plans approved for 50 solar cities

According to reports, the government has approved a proposed master plan to develop 50 solar cities, for which master plans have been prepared for 46, an official statement said on Sunday. Three of these cities under the programme are planned to be set up the national capital region, the ministry of new and renewable energy said in a status note. “At least one city in each state to a maximum of five cities in a state may be supported by ... Read More »

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