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    Ministry of New and Renewable Energy Director A. Raza applauds Uttar Pradesh for off-grid Solar Projects

    As regular readers of Panchabuta might know, we believe that the offgrid solar potential is far higher than the utility-scale grid connected solar that garners a lot of attention in the media because of the size and scale of the individual projects. This also provides for a lot of entrepreneurial opportunities in the solar space. Solar lantern has been one of the key leaders in the off-grid space. Startups like Simpa Networks are working on individual home lighting solutions on a pay and use ... Read More »

    Clenergen Signs Licensing Agreement Targeting the Renewable Energy Markets in the USA

    Clenergen, based out of Florida is a recent entrant in the biomass based IPP space and has rapidly been signing on new projects. The company a couple of months back  had announced the signing  of yet another agreement, this time to Operate a 27MW  Biomass Power Plant that is expected to be fully operational by first quarter 2011. The company  had recently entered into an agreement with Yuken India Limited to Install a 4 MW/h Gasification Power Biomass Plant operating on gas engines ... Read More »

    Gamesa Corporación Tecnológica SA appoints Morgan Stanley India as investment banker to scout for wind power assets in India

    Wind energy has witnessed a lot of activity in recent times in India. Panchabuta, has earlier talked about the  Generation Based Incentives (GBI) scheme for grid connected wind power projects with the objective of broadening the investors base by attracting FDI and independent power producers. During FY11, the country is likely to add close to 2,200 MW of new wind capacity according to officials and around 450 MW is expected to be covered under GBI. The Generation Based Incentive Scheme (GBIS) provides ... Read More »

    The Switch -Finland based energy technology company in Wind and Solar expands presence in India- opens office in Chennai

    The Switch, a Finland-based new energy technology company, announced the expansion of its international presence by establishing a wholly-owned The Switch India office in Chennai. The new home base serves as the company’s beachhead to strengthen its business network and to lead business development efforts in the fast-growing wind and solar power market in India. Pertti Kurttila, VP, Supply at The Switch: “India’s growing wind and solar power market is highly attractive for us. The government’s wind and solar power ... Read More »

    Inox Renewables to buy 65MW Wind Business of parent company Gujarat Fluorochemicals Ltd

    INOX is a family owned, professionally managed business group, with interests in diverse businesses including Industrial Gases, Refrigerants, Chemicals, Carbon Credits, Cryogenic Engineering, Renewable Energy and Entertainment. Inox Wind Limited (IWL), part of India’s Inox Group of Companies, manufactures  2 megawatt (MW) doubly-fed induction wind turbines under a global AMSC Windtec™ license. Inox Wind Limited (IWL) currently has the ability to manufacture 400 of its 2 MW wind turbines annually at its facility in Una (Himachal Pradesh) India. The company had ... Read More »

    Indus Towers launches pilot program to power 2,500 Cell Phone towers with ‘outsourced’ Solar Power model

    Indus Towers is India’s largest cell phone tower company owning more than 110,000 towers. The company is owned by Bharti, Vodafone  and Idea cellular with Bharati and Vodafone each having a  42% stake and Idea holding 16%. According to reports, the company has launched a plan to power 2,5oo towers using Solar in an initial program. The company formed three years ago, hosts 48% of all cell-phone antennas in the country. It also accounts for more than a third of ... Read More »

    d.light Design shortlisted for Financial Times ArcelorMittal Boldness in Business Awards with companies like Groupon and Zynga

    d.light is an international consumer products company serving people without access to reliable electricity. The company states is mission as “Enable households without reliable electricity to attain the same quality of life as those with electricity. We will begin by replacing every kerosene lantern with clean, safe and bright light.”. The company launched their affordable product line in 2008 and has sold hundreds of thousands of solar lanterns to off-grid households in over 40 countries around the world. the d.light ... Read More »

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