Though the Delhi government has formulated a roof-top solar policy- under which consumer would set up solar panels on their roof-tops and feed extra power generated into the grid. The fact that the scheme could be exploited on various grounds, a concern even expressed by the Government officials has put development in this area in [...]

The Bangalore Electricity Supply Company (BESCOM) proposed to increase tariff by about 50% and is expected to file their proposal with the Karnataka Electricity Regulatory Commission (KERC) by the end of the month. This comes following the news late last year of proposal various state electricity regulatory bodies including Tamil Nadu and Delhi looking to [...]

The Indian government recently announced that they would take no actions on the cheap Chinese modules that are being dumped onto the Indian market. India is expected to have a bumper year in terms of solar installations with various state policies – notably Gujarat, Rajasthan and Madhya Pradesh expected to add significant capacity over the [...]

It seems the India has finally caught the offgrid wind energy fever. C-WET – the leading wind energy R&D institute in the country has started putting together plans to undertake an offshore wind energy feasibility study in Dhanushkodi near Rameswaram in Tamil Nadu. It should come as no surprise that the state which has the [...]

Madhya Pradesh Power Trading Company recently released the list of guidelines for project developers planning to setup solar PV projects in the state (available here). Prior to this announcement, the state had come up with policies for only two other RE sources – small hydro and biomass, both of which were announced last year. Keeping [...]

Long reeling under indefinite delays and lack of consensus at the various talks, the Kyoto protocol has been given a new lease of life. The protocol, set to expire in 2012 had not been renewed for some time now as the various nations of the world could not agree on the contents of a legally [...]

The financing community has long known to be reserved and watchful about funding solar power projects mainly because of the lack of familiarity with the industry and due to their natural instincts about investing in safe projects with short term returns. It was only recently that the banks have slowly understood the solar energy sector.  [...]

The recently concluded bidding for solar PV project allotment under the second round of JNNSM phase I and the results from the bidding has shown signs of solar becoming genuinely cost competitive with grid power. While sub 10 bids were obviously expected, the bid price falling below 8 was indeed a stunner for many. The Rs [...]

The Central Electricity Regulatory Commission(CERC) has announced the floor and forbearance prices to be used for solar/non-solar projects from the FY 2012-13 upto 2016-17. The prices set are shown in the table below Non Solar (Rs.) Solar (Rs.) Prices (2012-2017) Current % Reduction Prices (2012-2017) Current % Reduction Forbearance Price 3300 3900 15.38 13400 17000 [...]

This is my third post on the Intersolar India conference and Exhibition held in Mumbai between 13 and 16 December, 2010. My blogs on the Day 1 of the conference is available at Day 1, Part 1: http://eai.in/blog/2010/12/intersolar-india-day-1-part-1.html Day 1, Part 2: http://eai.in/blog/2010/12/intersolar-day-1part-2.html The 2nd and 3rd days of the conference were half day affairs. [...]

Asian Development Bank (ADB) is considering investing in renewable energy is risky because this sector involves huge capital investment, there is no proper policies favoring renewable energy in many countries and above all the whole world is under recession. The bank is drafting a new policy taking these into consideration. Experts from various banking people [...]

17 June 2009 Investment, Innovation and Research Alliance(IIRA), a German technology based resource organization which facilitates and supports the education, research and innovation, under the cooperation project between the Institute of Machine Tools and Production Technology (IWF) and The Institute of Joining and Welding Technique (IFS) will launch of a project titled “Production technologies for [...]

June 12, 2009 Shriram EPC, the Chennai-based company involved in turnkey projects in the renewable energy, water & sewer treatment and metallurgy spaces, is looking at manufacturing nearly 250 wind turbine generators (WTGs) this fiscal through its joint venture with Italian firm Leitner Technologies. Shriram Leitwind is a 51:49 JV. Nearly Rs 120 crore has [...]

June 21, 2009 Neyveli Lignite Corp (NLC) is planning to increase its power generation capacity to 10,000 MW by the end of 12th plan period at an investment of Rs.40,000 crore by entering into hydro, wind and nuclear power sectors. It has planned to set up a 1,000-MW hydel power project in Uttarakhand partnering with [...]

21 Jun 2009 Tamil Nadu has a potential to add another 1000 MW and as a part of it to improve the power infrastructure, it has requested the Centre for a subsidy of Rs 1,500 crore. Regarding building up solar thermal and offshore wind turbines, the state minister said, for generating 1 mw of hydro-electric [...]

19 Jun 2009 According to statistics provided by the Union Minister for New and Renewable Energy, total installed capacity of renewable power is 14,366 MW which is about nine per cent of the total installed power generation capacity. This comprises mainly of wind power of about 10,330 MW, small hydro power of about 2,450 MW [...]

To revamp the global energy business, and to overcome geopolitical complexities and financing problems that plague global energy projects, India has proposed multilateral funding mechanism. In a European Commission energy meet, the power ministry said that India will support global initiatives that strengthen mutual energy security and suggested that international organizations, like the World Bank, [...]

06.29.09 Board of directors of Suzlon Energy Ltd has agreed for investment-raising, around US $1.04 billion (Rs 50 billion) through the issue of equity, debt or other instruments The board has also approved raising the investment limit by foreign funds to 49 percent from 24 percent now.