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  • Latest Renewable Energy News

    Gujarat setting up 8,000-crore solar power park

    Gujarat is leading the way in renewable energy investments in India with Siemens announcing an investment of  $87mn out of total investments of $348mn for 250MW capacity wind turbine development in Gujarat. A week ago, Tata Power submitted a proposal to set up the first offshore wind farm in Gujarat. A couple of weeks back, Panchabuta had reported that Gujarat had allotted about 565MW of solar power capacity taking the total allotment in the state to 1281 MW. According to ... Read More »

    Amrita University obtains research grant from Department of Science and Technology, India for research on renewable energy

    According to a release from the Amrita Vishwa Vidyapeetham, researchers from the Department of Electronics and Electrical Engineering at Amrita’s Bengaluru campus have begun work on a DST-funded project supervised by Dr. Manjula G. Nair to study ways in which to improve the power quality of wind-generated electricity. The project involves the design and development of a laboratory prototype model of a digitally-controlled three-phase hybrid filtering system. A study model of a windmill-cum-solar PV generating unit was installed on campus ... Read More »

    PowerWatch, Canada to launch energy monitoring solutions for potential 10 million customers of North Delhi Power Limited

    PowerWatch, Canada , an energy monitoring systems maker, recently signed a deal in India that will help hundreds of thousands of people conserve electricity. According to reports, the company signed a deal to begin a rollout of its product to some of the 10 million residential customers with North Delhi Power Limited (NDPL). The rollout will be phased in, starting with 100,000 customers, followed by another 100,000 and so on. “It’s section by section, but we have a large phase ... Read More »

    SAI Prasad Energy Pvt. Ltd makes equity investment in Cleanfield Alternative Energy Inc. for manufacturing rights for off-grid vertical axis wind turbine (VAWT)

    According to reports, SAI Prasad Energy Pvt. Ltd a pune based company in India, with businesses in a multitude of industries including manufacturing and real estate development has made the first equity investment payment of $1 million as part of a previously announced manufacturing license agreement (“Agreement”) in Cleanfield Alternative Energy Inc. (“Cleanfield”) (TSX Venture: AIR) – a leader in innovative, urban renewable energy technologies and building-integrated solutions. Cleanfield develops, markets and distributes proprietary, renewable energy products. Pursuant to the ... Read More »

    Japan Bank for International Cooperation to provide upto $2 bn equity funding for private sector projects in India including Renewable Energy; Plans to create Green Fund for India with other sponsors

    According to reports, the Japan Bank for International Cooperation (JBIC) is looking at providing equity funding to private sector projects in India instead of debt support for public sector entities. The principal Japanese overseas funding agency is also shifting its focus on the Indian market from China following political tensions with its Asian neighbour. Tadashi Maeda, JBIC head of corporate planning and special advisor to the Japanese cabinet, told Business Standard, “We are going to shift our investment or finance ... Read More »

    CEO of NTPC Vidyut Vyapar Nigam Ltd resigns; Potential setback to National Solar Mission says Bloomberg Businessweek

    According to this report by Bloomberg Businessweek, the CEO of NTPC Vidyut Vyapar Nigam Ltd (NVVN) Shri. A.K. Goyal has resigned and that the resignation could serve as a potential setback to the government program and the National Solar Mission itself. NTPC Vidyut Vyapar Nigam Ltd. (NVVN) was formed by NTPC Ltd, as its wholly owned subsidiary to tap the potential of power trading in the country thereby promote optimum capacity utilization of generation and transmission assets in the country ... Read More »

    Mandatory use of local cells for solar projects under National Solar Mission may be deferred in India

    According to reports emerging in the media today, the government may postpone mandatory use of locally made photovoltaic cells in solar power projects being set up under the national solar mission to speed up projects and allow access to the best-available technology although the move would be a blow to local suppliers such as Moser Baer, Tata BP Solar, KSK Surya and IndoSolar may suffer. The topic of domestic content has witnessed a lot of debate and there have been ... Read More »

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