microfinance-india-business


From the category archives:

Solar Energy

Off-grid solar applications to get a major boost

by Microfinance Business on September 16, 2009

parabolic-solar-mirrors

On July 30, the world’s largest solar steam cooking system was installed at the Saibaba Sansthan Trust in Shirdi, Maharashtra, to cook food for 20,000 pilgrims every day.

(Left- The parabolic mirrors which are used to heat water for cooking at the Sai Baba Temple)

The system, designed and installed by Gujarat-based Gaddhia Solar Energy [...]

{ Comments on this entry are closed }

India Likely to Invest 1 Trillion Rupees in Renewable Energy by 2012

by Microfinance Business on September 6, 2009

NEW DELHI — India expects 1 trillion rupees ($21 billion) of investments over a five-year period ending March 2012 for renewable-power generation, the chairman of Indian Renewable Energy Development Agency Ltd. said Monday.

“An investment of 150 billion rupees has already been made in the first two years of the five-year plan period that runs from [...]

{ Comments on this entry are closed }

Indian companies scramble to enter renewable energy sector

by Microfinance Business on September 3, 2009

BHEL to set up solar PV facility

Bharat Heavy Electricals Limited (BHEL), the state-owned power equipment major, is planning to invest close to Rs 2,000 crore to set up a 250 Mw solar photovoltaic production facility for processing silicon wafers, solar cells and PV modules. The facility will be set up in a joint venture with [...]

{ Comments on this entry are closed }

ratanpuri

Ratul Puri invested Rs 850 crore on setting up his solar photo-voltaic (SPV) business between 2006-07 and 2008-09.

The expectation: this sector would emerge as the next big thing. And that the early bird advantage would help Puri, 35, executive director of the Delhi-based Moser Baer, the world’s second-largest manufacturer of data storage devices like CDs [...]

{ Comments on this entry are closed }

Solar UFO's to clean Osaka's Channels in Japan

by Microfinance Business on August 24, 2009

solar_ufo

Considering the state of India’s lakes we could do with several of these .

Solar UFO Water Cleaner

As part of the upcoming Aqua Metropolis festival in Osaka, engineering firm NTT Facilities has developed a pair of solar-powered, UFO-shaped floating water purifiers that will be deployed in the city’s canals and in the moat at Osaka Castle.

The disc-shaped machines [...]

{ Comments on this entry are closed }

Based on the National Action Plan on Climate Change, given below is the National Solar Plan from the Government of India.

Note: This was meant to be a private copy for internal circulation among policymakers and was leaked to the public.

The final version is yet to be released.

Download at link below

Right click and give “Save Target As” [...]

{ Comments on this entry are closed }

Multi Billion Dollar opportunity for Solar Energy in India

by Microfinance Business on August 9, 2009

The Indian government has okayed a $19.4 billion plan to scale up solar power generation from virtually nothing at present to 20,000 MW in just 11 years, and 10 times that by 2050 — well, at least in principle.

The draft “National Solar Mission” received a nod of approval from Prime Minister Manmohan Singh’s council on [...]

{ Comments on this entry are closed }

India – A Long Race in Solar Power

by Microfinance Business on January 25, 2009

Thursday, Jan 22, 2009

India, the world’s second-most populous country, is facing a looming energy crisis. Soaring oil prices, and continued dependence on a few countries for oil, has led to the use of renewable energy sources to secure energy. Given that this is a tropical country rich in sunlight, solar energy offers the most practicable [...]

{ 0 comments }

Astonfield to invest $2 bn in renewable energy sector

by Microfinance Business on January 20, 2009

Promoted by a group of non-resident Indians (NRIs), Astonfield Renewable Resources (ARRL), today said it will invest $2 billion in India’s renewable energy sector in the next two years.”We will focus on the renewable energy space in India and invest $2 billion over the next two years,” Astonfield Group of Companies’ Co-Chairman & Director Sourabh [...]

{ 0 comments }

Year End ReviewThe Ministry of New & Renewable Energy has been facilitating the implementation of broad spectrum programmes including harnessing renewable power, renewable energy to rural Areas for lighting, cooking, and motive power, use of renewable energy in urban, industrial and commercial applications and development of alternate fuels and applications. The Ministry evolved renewable energy [...]

{ 1 comment }

Solar Roofing Worth It in Long Run

by Microfinance Business on December 22, 2008

(Source: The Times of India)trackingBy Jayashree NandiBangalore: While going solar seems to be the perfect solution to put an end to power and global warming woes, there are certain conditions that one needs to look at. This because energy demands should come down and we should be able to use solar power comfortably. Experts say [...]

{ 1 comment }