Indian Solar Photo Voltaic (PV) projects are expanding with tremendous business opportunities. The Government has received 17 project proposals worth Rs 1,57,000 crore under the special incentive package scheme (SIPS). The Government has already given clearance to 12 PV applicants including Titan Energy Systems, Reliance Industries, Tata BP Solar Power,...

Lindemann, graduate from Northwestern University in Evanston, Ill., with a marketing and design engineering degree and his team designed a small-scale wind turbine at a affordable price for people in India who live in villages where electricity is not available.The ideal price per unit would be about $150. Each miniature...

It is already known that the Thar Desert could be the country’s hub of solar and wind energy. The desert will also be the country’s hub of oil and natural gas. The place is identified to be rich in deposits of oil, gas, lignite coal, coal bed methane.With this new...

Mr Kane, chairman of the Indian Wind Energy Association was reelected as the president of World Wind Energy Association for the third consecutive time. He is the only person to be reelected in history of WWEA.WWEA with a total membership of more than 50,000 members from 91 countries, provides a...

Essar Power has planned to expand its power generation capacity from 4,800 MW to 6,000 MW by 2012 with investment plan worth INR 20,000 crore.It is in advanced stage to raise INR 15,000 crore through debt from the public and private lenders including State Bank of India and PFC while...

July, 2009Finance minister has reduced the custom duty on permanent magnet, a driect-drive generator used in small wind turbine, from 7.5 percent to 5 percent.This is believed to encourage wind power generators and accomplish India’s XIth Five Year Plan Period (2007-12) target of generating 10,500 MW wind power. During the...

Suzlon Energy Limited (Suzlon), has ensured a strategic partnership with EUFER, which is a joint-venture between ENEL Green Energy and Spanish Utility UNION FENOSA for renewable energy business in Spain and Portugal.Suzlon will supply and install Suzlon’s 2.1 megawatt (MW) wind turbines for wind farms totalizing 224.5 MW. These machines...

National Thermal Power Corp (NTPC) has planned to increase its production capacity through a sustainable energy mix. For this, it is exploring the renewable energy sector. The firm has targeted to generate 3,300 MW power in the financial year 2009-10 which also includes power generation form renewable sources.In this backdrop,...

India is currently the fourth-largest generator of wind power in the world. During the 10th Plan (2002-2007), India saw installation of 5,426 Mw of wind power generation capacity, as against the target of 2,200 Mw. The XIth Five Year Plan Period (2007-12) has fixed a target of 10,500 MW.To help...

Update, Sep 2012: Please note that this blog post was originally written way back in the dark ages - in Jul 2009 - though a few points were added later on. The data, assumptions and a lot many other inputs would hence be very different for those reading it 2012...