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Network of cities committing to 100 per cent renewable energy planned

According to reports, the World Wind Energy Association plans to create a network of cities in different countries that are committing to go in for 100 per cent renewable energy, secretary general of the association Stefan Graenger told The Hindu here recently. The association is collecting details of individual buildings, towns and cities that have already gone in for 100 per cent renewable energy. The information will be available online. The concept of 100 per cent renewable energy is discussed ... Read More »

Renewable energy industry hopeful about Paris meet

According to reports, ‘Global warming’ is making it nice and warm for the renewable energy industry, which may be close to being granted its one big wish — cheap finance. This is likely to happen at Le Bourget, Paris, in December. The year end will see negotiators from 196 countries gather at this Paris suburb to see if they can agree on something that could slow down global warming. If the talks succeed, all the countries — for the first ... Read More »

India’s solar-powered dreams

According to reports, the Union government has ambitious renewable energy targets of 100 gigawatts (GW) of solar power and 60GW of wind power by 2022. However, the government is also facing large deficits and competing budget priorities, and will need cost-effective ways to achieve these targets. There are three zero-cost solutions for the government, or ways to increase deployment of renewable energy which will not require subsidies for generation. These zero-cost solutions, when accompanied by support policies that would remove ... Read More »

First Solar begins new innings in India

According to reports, the US solar cells and module major, First Solar, today began a fresh innings in India with the commissioning of its 20 MW solar plant in Telangana. The company, which has been selling its thin film photovoltaic panels in the last four years, decided last year that it would also set up solar power plants, own them, and sell energy. Following the decision, First Solar bid and won several rights to sell electricity to various power distribution ... Read More »

Exchanges release withheld payment in Surana Solar trades

According to reports, BSE and NSE which had held back payments in trades done in Surana Solar pending Sebi investigation have released the funds as on June 25, 2015. In separate circulars posted on the exchange websites, broker members were informed of the decision to release the payment owed to them in the trades conducted in Surana Solar. As per exchange officials, while the regulator has allowed for the payments to go through, further course of action by the regulator ... Read More »

Bottlenecks hamper net metering take off

According to reports, net metering, launched more than a year ago by the central government, has not taken off the way it was expected, thanks to some glaring loopholes. Prakash Nayak, chairman, power panel, Institution of Engineering & Technology (IET) and a former top official at ABB, said initiatives like net metering, generation-based incentives and renewable power obligation are the right way ahead. “However, they are not catching up thanks to more loopholes than one. There are questions in the ... Read More »

India’s solar push faces challenges

According to reports, India’s target to achieve 1 lakh megawatt (MW) of solar energy capacity by 2022 got a shot in the arm recently with the SoftBank Corp.-led venture announcing plans to develop 20,000 MW of solar energy generating capacity in the country. Currently, renewable energy constitutes less than 13% of India’s power generation capacity. With domestic companies like NTPC Ltd also looking to add significant green energy capacities, the share of renewable energy capacities is set to rise soon. ... Read More »

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