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New policy in works to push green power

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According to reports, the government will soon come up with a renewable energy policy and a legislation to streamline generation in a hard push to achieve its target of 1 lakh mw solar and wind power output in five years. There is also a plan to seek a €¤1 billion soft loan from Germany to promote rooftop solar plants. A concrete policy on the new legislation will be put in place by February next year ahead of a renewable energy ... Read More »

First Renewable Energy Global Investment Promotion Meet & Expo to be held in February 2015

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According to reports, as a follow-up to the ‘Make in India’ initiative launched by the Prime Minister, the Ministry of New and Renewable Energy ( MNRE) has announced organisation of the First Renewable Energy Global Investors Meet & Expo (RE – INVEST) on 15-17 February, 2015 in New Delhi. The central theme of the meet is to attract large scale investments in the renewable energy sector in India. The event is proposed to be inaugurated by the Prime Minister Shri. ... Read More »

Royal DSM inaugurates Solar Technologies Demonstration Center in India

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According to reports, Royal DSM, the global life sciences and materials sciences company, today inaugurated its Solar Technologies Demonstration Center at the DSM Engineering Plastics facility in Pune. The facility will reduce the plant’s carbon dioxide footprint by using the renewable energy generated by the solar plant to meet 25% of the site’s electricity needs. The state-of-the-art solar technology center has been built to demonstrate and showcase the performance of DSM’s innovations in solar technology. Oscar Goddijn, Vice President, DSM ... Read More »

SunEdison Files Confidential S-1 for Emerging Markets Yield Vehicle including India

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SunEdison, Inc. today announced that it confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (SEC) relating to the proposed initial public offering of the common stock of a yieldco vehicle focused on contracted clean power generation assets in attractive, high growth, emerging markets, primarily in Asia (excluding Japan) and Africa. The number of shares of common stock to be sold and the price range for the proposed offering has not yet ... Read More »

Gujarat CM asks transport experts to come up with ‘solar-driven’ ideas

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According to reports, Chief Minister Anandiben Patel today urged delegates of various countries associated with sustainable transport, to come up with ideas that make use of solar power in running public transportation. Patel was speakign at the inauguration of United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) Regional Expert Group on Sustainable and Inclusive Transport Development as well as the Second Asia Bus Rapid Transport System (BRTS) conference here today. Around 100 delegates and experts from ... Read More »

Madhya Pradesh energy dept flags free land to green power developers

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According to reports, state energy department strongly objected to ‘free land policy’ floated by new and renewable energy department to attract mega investment in the field of solar, wind, and bio mass energy in the state. Senior IAS officer S R Mohanty-led new and renewable energy department had circulated a copy of a draft of land agreement to HoDs of all departments seeking their opinion before it was signed between government and investors. Then principal secretary of energy department Mohammad ... Read More »

Modi US visit: Three Indian cities to be named for smart cities project

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According to reports, three Indian cities are in line to be adopted for the government’s “smart cities” project by way of technology and infrastructure upgrade during Indian Prime Minister Narendra Modi’s talks in Washington that are also set to see major cooperation with the US in the field of renewable energy. The Modi government is keen to push ahead with its smart cities project under which 100 smaller cities are to be upgraded to match the resources of the top ... Read More »

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