Ethanol price fixed at Rs 27 per litre for blended fuel – Ethanol manufacturers have welcomed the Empowered Group of Ministers’ (EGoM’s) decision to fix a price of Rs 27 per litre for ethanol that will be blended with petrol. The price, however, has been fixed for only six months as against the manufacturers’ demand for three years. Ethanol manufacturers said they would be able to meet the requirement of 800 million litres for 5 per cent blending as the sugar cycle was on an upswing – http://bit.ly/ciqtNz
West Bengal Biodiesel producers looking for tie-ups with telecom tower firms – West Bengal pollution board has asked all telecom towers to use at least 30% biodiesel in their generators Producers of biodiesel, banned from selling the fuel as a transport fuel, are looking to enter long-term supply arrangements with telecom tower operators, who use diesel gensets for power backup purposes. India has more than 20 biodiesel producers with a combined capacity of 1 million tonnes a year – http://bit.ly/ajmLtq
GM, India’s CSMCRI ink pact for biofuel – General Motors on Monday said it has entered into a three-way agreement with the US Department of Energy (DOE) and India’s Central Salt & Marine Chemicals Research Institute to develop jatropha as a biofuel energy crop. Depending on the commercial success of the crop as a biofuel, General Motors India, the US based carmaker’s subsidiary, will consider introducing biodiesel-capable vehicles in the market. http://bit.ly/ac0QTd
Reliance considering feasibility study on algae-derived biofuel – Feasibility study of algae as an alternate feed stock for biofuels should be undertaken as a part of meeting challenges for biofuels in India, a top Reliance Technology group official has said. “Algae seems to be the most promising feed stock. Microalgae are uncellular biofactories that can provide oil from sunlight and carbon dioxide,” M. Ganapati, President, Corporate Planning, Reliance Technology Group told PTI after delivering a talk on ‘Biofuels Scenario in India’ – http://bit.ly/byPQwy
Solar Water Heaters obligatory in all new Governmental Buildings – Conservation Building Code (ECBC) mandates solar water heaters in residential facilities, hotels and hospitals. It is a voluntary code, which has recently been made obligatory for new governmental buildings. Also, from now on, all new government and public sector buildings in India are obliged to reach at least a three star rating in GRIHA. http://bit.ly/aFBW2M
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Conergy Installs 3 MW PV System in India – Conergy AG has erected one of the largest photovoltaic plants in India. With the 3-megawatt (MW) plant, Conergy will contribute to the power supply of the local rural population around the city of Itnal situated in the province of Karnataka. Built on 17.3 acres, 13,000 solar modules supply over 4,000 megawatt hours of clean energy into the local grid. http://bit.ly/bC0Bqf
Areva Renewable eyeing Indian solar-thermal projects – Areva Renewable, a unit of France’ Areva, is eyeing solar-thermal projects in India, in a bid to ramp up its presence in the Indian renewable energy market, its chief executive officer said on Friday. http://bit.ly/cezXzr
$75-m IFC loan to IDFC for climate change projects – The World Bank’s multilateral lending arm, International Finance Corporation (IFC), will provide $75 million (around Rs 338 crore) to Infrastructure Development Finance Corporation (IDFC) for investments in renewable energy, cleaner production and energy efficiency projects. This project is part of IFC’s climate change strategy of partnering with financial intermediaries to scale up the impact for climate change projects in India. IDFC, which has its registered office in Chennai, invests in infrastructure projects all over India. http://bit.ly/ckksBm
SBI ties up with wind energy giant Suzlon: forays into green power – State Bank of India is the first entity from financial services segment to enter into green power by setting up windmills. The bank has moved forward towards green energy so as to become energy neutral in the upcoming years, the bank said in a statement. It has undertaken the initiative as a tie up with wind energy giant, Suzlon Energy. The bank said that it has decided that in the first phase it would install 10 windmills in Gujarat, Maharashtra and Tamil Nadu to generate power for selected branches in these states. http://bit.ly/aVBQ9z
Solar Mission to award projects based on tariff discounts – Solar project developers offering the best discount on a tariff to be notified by the electricity regulator will figure higher in the pecking order during the allocation of identified projects under the Solar Mission programme. The tariff rates under consideration by the CERC for 2010-11 are Rs 17.90 a unit for photovoltaic (PV) and Rs 15.40/unit for solar-thermal. The tariffs are notified annually by the CERC – http://bit.ly/aNTg7g
UAE firm in $545 mn deal with Aditya Solar Power – UAE-based company Mulk Holding has announced an agreement with Bangalore-based Aditya Solar Power Industries to develop a 200 megawatt solar thermal project in the UAE. The holding company said one of its subsidiaries, Mulk Renewable Energy, will supply and install solar thermal power plants for Aditya Solar in a deal valued at 2 billion dirhams (USD 545 million). According to the agreement, Mulk Renewable Energy will create a joint venture with Aditya Solar to develop the project. http://bit.ly/do5ksc
Fersa builds 50MW Indian wind farm – Barcelona-based Fersa Energias Renovables has secured INR1.86bn (USD41.8m) in project financing to develop a wind farm in India. The project is being developed by Fersa subsidiary EN Renewable Energy, with financing provided by the Indian Renewable Energy Development Agency (IREDA). The Hanumanhatti wind farm, located in the southern Indian state of Karnataka, will comprise 63 Enercon turbines and have a 50.4MW capacity. The project is expected to become operational in the second half of this year. http://bit.ly/cPEXOi
India can produce up to 2 lakh mw wind power – Wind energy sector is emerging as an important segment in global renewable energy map and countries like India and China are expected to become leaders in the future. The total potential for wind power in India is expected to be much more than the government estimates of 45,000 MW and the industry places it at a high 200,000 MW. http://bit.ly/95MGA4
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