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    Luminous pioneers in small wind turbine business in India;Installs wind-solar hybrid

    Luminous which was founded in 1988 and started off providing Invertor and UPS solutions has since grown to become a power and energy storage company in India delivering high quality Inverters, UPS, Batteries and Renewable Energy Products. The company now has technologies in power electronics, batteries and storage systems, packaged power and renewable energy systems. The company claims to follows its proprietary UGC (Universal Grid Compatibility) process to ensure consistent & very high standard of reliability of its products. Luminous ... Read More »

    Eco Urja India completes land acquisition for a 25 MW SPV project in Rajasthan,India.

    Eco Urja India  just announced the completion of the  land acquisition for a 25 MW SPV project in Rajasthan, India. The company has announced that it has completed all formalities for acquisition of a 120 Ha land in the state of Rajasthan. The policy currently stipulates the land requirement at minimum of 2 Ha  for every megawatt of capacity. Further, at least 50% of the land must have either been acquired or entered into an agreement of sale by the ... Read More »

    Moser Baer plans to expand its capacity from 200MW in photo voltaic (PV) cells and 50 mw in thin films to 1GW in the next few years in Chennai

    Moser Baer  announced today that it plans to expand its capacity from 200MW  in photo voltaic (PV) cells and 50 MW in thin films to 1GW in the next few years in Chennai (Read more here). Mr. Deepak Puri, chairman and managing director has raised an interesting point about the financing of such projects that will play out to be a big challenge to a lot of first time developers and those without non-recourse  support to raise debt  for such ... Read More »

    Suzlon Energy Q4 loss at INR 1.88 Billion; COO Sumant Sinha quits to follow entrepreneurial interests

    Suzlon, had recently restructured its  FCCB (Foreign Currency Convertible Bonds)  at a conversion price of around Rs 100/sh. Since, they have gone on record stating that they expect this year to be a down year for wind, as companies in Europe are postponing orders, as the debt crisis makes it difficult to raise funds for renewable-energy projects. This is also primarily due to reluctance by developers to move on new wind projects amid diminished demand. Suzlon Energy has  reported a consolidated ... Read More »

    Indian Oil Corporation diversifies into Bio-Fuels and Wind; Commissions 21MW Wind Farm

    Indian Oil Corporation Ltd. (IndianOil) the nation’s largest corporate and its highest ranked Fortune ‘Global 500’ company reported its performance for the year 2009-10 a couple of days back. During the year 2009-10, in which the company celebrated its Golden Jubilee, IndianOil’s ranking improved from 116th to 105th in the prestigious Fortune Global 500 listing. The highlight has been a new vision that  was adopted by the Corporation with an aspiration to emerge as the Energy of India and realign ... Read More »

    Neyveli Lignite Corporation (NLC) plans diversifcation in Wind, solar: Plans 50MW Wind farm at Rs. 325 Crore and 25MW Solar Power Project

    Neyveli Lignite Corporation Limited, a “Mini Ratna” Public Sector Enterprise, under the administrative control of Ministry of Coal (MOC) is a pioneer among the public sector undertakings in Mine cum energy sector. The company has a cumulative capacity of 30.6 MTPA of lignite and 2490MW of installed capacity generation. In the latest announcement the company, has announced that it will diversify  into new areas of power production including projects based on renewable energy (wind power,  solar power and hydro power). ... Read More »

    Haryana government to tap solar power potential

    Haryana now seems to have jumped on to the solar bandwagon. The Haryana Power Generation Corporation Limited (HPGCL) has decided to tap the vast solar energy potential of the country by venturing into the field of solar power generation. Haryana govt to tap solar power potential The Haryana Power Generation Corporation Limited (HPGCL) has decided to tap the vast solar energy potential of the country by venturing into the field of solar power generation. ..Madhusudan Prasad, financial commissioner & principal ... Read More »

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