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  • Latest Renewable Energy News

    India Solar Energy Summit to discuss on Innovative Strategies and Sustainable Development of Solar Energy in India

    As Panchabuta has often mentioned and believes, Solar in India is at a very interesting stage. Panchabuta was the first to report  on the Solar PV and thermal developers  shortlisted for the first phase of the Solar Mission. 37 developers for a aggregated capacity of 620MW have been shorlisted and PPA’s signed. Gujarat that has been in the forefront of Solar energy development has released a state specific  solar policy with an ambitious target of installing 1,000 Mw solar power capacity by the ... Read More »

    IDFC PE Managing Director Raja Parthasarathy talks on Cleantech Investing in India

    [youtube=http://www.youtube.com/v/OsvvKLoY0FQ] IDFC PE Managing Director Raja Parthasarathy talks on Cleantech Investing in India to VCCircle. Panchabuta is glad to see Mr. Parthasarathy resonate a lot of themes that we have been discussing about on this forum and the huge opportunities for IPP’s and developers. Interesting to see his comments on energy efficiency solutions that Panchabuta has often talked about as a big emerging opportunity. Surprising he does not talk about the opportunity emerging in telecom, railways and defense in off grid applications and complete hybrid solutions where ... Read More »

    Uttar Pradesh to invite bids for grid connected Solar power

    According to reports, Uttar Pradesh government will soon float bid document to attract private investment in the solar energy space. The government would invite bids from parties willing to supply energy below the tariff of Rs 4.70 per unit quoted by National Thermal Power Corporation (NTPC) for bundled power. “The bids would be invited from companies ready to provide us power below the tariff quoted by NTPC,” Uttar Pradesh Power Corporation Limited (UPPCL) CMD and Energy Secretary Navneet Sehgal told ... Read More »

    India plans to produce more biofuel-Sohail Akhtar-Director, Ministry of New and Renewable Energy

    Speaking at a two-day national conference on power, instrumentation, energy and control at AMU, Sohail Akhtar, director in the ministry of new and renewable energy, said: “India was taking serious steps to promote alternative technologies that used bio-fuels and solar and wind energy.India also has plans to produce more bio-fuels and electric vehicles to save petrol for other vital needs.” Presently 35 percent of petrol-based fuels was used up by the transport sector, he added. A number of  innovative research is happening ... Read More »

    Lanco to invest Rs.30bn in 250MW Solar PV manufacturing facility in Chhattisgarh

    The Lanco Group will invest Rs. 30 billion to set up a solar photovoltaic manufacturing unit with an annual capacity of 250 MW for local sales and exports to Europe and USA, a company official said. This project was originally supposed to come up in the state of Orissa where Lanco had identified the land for the same. This then ran into enviromental clearance issues and seems like the project has since been moved to the state of Chhattisgarh.  Further as ... Read More »

    Azure Power proposes 10 MW solar plant in Meghalaya at a cost of Rs 1.5bn

     As Panchabuta had reported a couple of months back, Azure Power India Pvt. plans to raise its solar energy generation capacity to 100 megawatts by 2013 with an investment of 15 billion rupees ($ 332 million), Chief Executive Inderpreet Wadhwa said in a recent interview, as the South Asian nation ramps up electricity supply from renewable sources. The company designs, finances, owns, and operates solar power plants and is one of the 37 companies the Indian government selected earlier in December to ... Read More »

    Mission NewEnergy-Renewable Energy provider through Jatropha cultivation in India-opens office in San Antonio, USA

    Mission NewEnergy, a global leader in providing affordable energy from renewable origins, has established a new presence in the United States with offices in San Antonio and commencing operations throughout the country. The company has launched an unprecedented campaign to fund and manage millions of indigent farmers in India, growing and processing non-edible Jatropha seeds on otherwise unused land. This unique undertaking, which already employs 194,323 of India’s poorest farmers, is coordinated by 2,200 Mission NewEnergy field agents and direct ... Read More »

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