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  • Latest Renewable Energy News

    Dr. Abdul Kalam proposes an India-Dubai joint energy platform with about $700 million

    There have been a number of countries that have announced recent cooperation with India specially in the field of renewable energy in the last couple of months. This started off with the visit of US president Obama’s visit to India in November last year when a number of announcements were made. This was followed by Asian Development Bank (ADB) a couple of days back signing a joint venture agreement with India’s NTPC Ltd. and Kyushu Electric Power Company of Japan to ... Read More »

    Solar power projects could trip as poor prospects keep financers away

    With the deadline for financial closure for projects under the Solar Mission fast approaching, there have been a number of stories in the media in the last couple of days talking about challenges in financing for projects both in the Jawaharlal Nehru National Solar Mission and the Gujarat state mission. Solar power projects could trip as poor prospects keep financers away  Financers are finding the tariff for solar power projects under the central policy unattractive as aggressive biddings by the developers ... Read More »

    Electric bike maker Kabirdass Motor Company eyes Rs 780mn IPO

    Panchabuta had reported in November last year that, India had  launched incentive for Electric Vehicle makers of upto 20% of ex-factory price.  Two-wheeler makers have also been given a subsidy ceiling of Rs 4,000 for low-speed vehicles and Rs 5,000 for high-speed vehicles. A ceiling of Rs 100,000 has been placed on Electric Cars. In a major announcement for the EV community in March this year, presenting the General Budget 2011-12, Shri Pranab Mukherjee, Finance Minister informed that to provide green ... Read More »

    India to see next wave of solar cell production-Michael Splinter, President and CEO of Applied Materials

    As readers of Panchabuta are well aware, 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 ... Read More »

    Sujana Group awards grant to Columbia Law School project to foster U.S. investment in India Clean Energy Projects

    Sujana energy claims to be a unified renewable energy and energy efficient solutions provider.Sujana Energy provides Eco friendly turnkey (EPC) lighting solutions using the most advanced technological innovations in the areas of renewable power generation LED Lighting and Solar Power based LED Lighting. As Panchabuta had mentioned last year,  Sujana Energy entered into a tie up with Nichia Corporation of Japan to manufacture LED’s in India for Solar LED lantern. The JNNSM mission has  a goal of deploying  20 million ... Read More »

    Former Suzlon COO floats Renewable Energy IPP- ReNew Power Ventures

    Sumant Sinha, former chief operating officer of Suzlon Energy, has started, ReNew Power Ventures Pvt. Ltd.,  a renewable energy firm focused on wind and solar power generation. ReNew Power has been established with a vision of balancing development with sustainability. Commenting on the announcement, Sumant Sinha, Chairman and CEO, ReNew Power said, “ReNew Power has set ambitious targets to rapidly expand its footprint in the growing Indian wind energy market. As our definite dedication to power growth through green and sustainable energy ... Read More »

    Gujarat Solar power projects in India struggle for finances

    With the deadline for financial closure for projects under the Solar Mission fast approaching, there have been a number of stories in the media in the last couple of days talking about challenges in financing for projects both in the Jawaharlal Nehru National Solar Mission and the Gujarat state mission. Based on the request from our community we will  analyze each of these reports in details and provide our reading of the situation as we see it  on the ground  in ... Read More »

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