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Renewable Energy News Digest – 11/09/2009

In view of the intense  activity and high amount of news volume being generated in the renewable energy sector in India, we have decided to henceforth compile news digests which will provide only a summary rather than posting the entire article. Readers who are interested in more information about a specific article can click on “Rest of the article” to read the full article.

‘Centre to extend subsidy on solar energy’

government of indiaUnion Minister for New and Renewable Energy Farooq Abdullah has said that the Union Government is ready to provide Rs 10 as subsidy for every unit of solar power produced at a cost of Rs 18 in the country by way of augmenting the non-conventional energy situation under the proposed solar energy mission that is going to be in place on November 14 this year.

“The Indian Renewable Energy Development Agency (IREDA) will be a major provider and more power will be given for collecting funds,” he added. Farooq said that the Union Government would provide millions of solar lamps to the people of the country by way of making their lives better under all circumstances.Rest of the article

Clinton Foundation to set up 3000MW solar plant in Gujarat

AHMEDABAD: The Clinton Climate Initiative (CCI), a programme of US-based William J Clinton Foundation, on Monday announced setting up of the world’s largest solar power plant in Gujarat with an estimated investment of Rs 50,000 crore likely to flow into the state over the next five years.

The proposed 3,000MW plant —one of the four being set up by CCI across the globe — promises to make Gujarat the solar power hub of India. Gujarat has identified four locations along its international border with Pakistan for solar projects. Rest of the Article

American Superconductor Corporation to enter India’s Rapidly growing Wind Energy Sector

American Superconductor Corporation (AMSC) has announced that it has formed AMSC India to serve India’s wind energy and power grid markets with AMSC’s power electronics and superconductor-based solutions.Rest of the article

Serial entrepreneur Sivasankaran to venture into Wind Energy

Sivasankaran has stakes in Aircell, Dishnet , Barista.

“We are also owners of the 3 MW wind turbine technology, through this joint venture, and will invest in a completely new set up for manufacture of 3 MW turbines and blades, nearby in the next 18-24 months,” said Siva Group CEO V Srinivasan. “We are presently only in the manufacturing space. But, the Indian wind energy space expects turn key solutions from manufacturers. In that case, we will be expected to acquire land, set up the wind farm etc. But, we are not getting into all those yet.”

NRI industrialist C Sivasankaran promoted Siva Ventures acquired a controlling stake in Finnish wind power company WinWind in 2006. The JV which operates three manufacturing plants in Europe, catering to European demand, has established its first facility in the district about 50 km away from Chennai.

Rest of the article

NTPC lines up Rs 700 cr for solar power projects

The country’s largest power generation entity, NTPC, plans to set up solar power plants with a total capacity of 50 mw in the initial phase. The solar power generation facilities, likely to come up in one year, will be located at different places across the country and are likely to attract an investment of over Rs 700 crore. India environment portal

60 solar powered Indian cities by 2020: US energy official

Sixty Indian cities will be solar powered by 2020 if India is able to generate 20,000 MW of solar energy by then, said Mark Ginberg, senior official with the US Department of Energy, on Monday.

The US Department of Energy and the All India Institute of Local Self Government (AIILSG) launched a joint training programme on ‘Energy efficient and green cities’ in Goa, which will train Indian experts, universities, local self governments and civic bodies on getting cities to move to solar powered energy.

“Twenty cities in India have already been lined up for this programme and they will be partnered with cities in the US for moving towards this objective,” said Ginberg, who is senior executive advisor to the assistant secretary of the Office of Energy Efficiency and Renewable Energy, US department of energy. Rest of the article

Wind Power Capacity May Exceed India’s Estimate by Fivefold

India can build wind power plants that may be able to generate almost five times more than the government’s estimate by 2030, according to a study by the Global World Energy Council.

Wind energy capacity can climb to as much as 231,000 megawatts in India, compared with the government’s forecast of 48,000 megawatts from 216 potential sites, according to the study, produced in partnership with the Indian Wind Turbine Manufacturers Association.

The government’s estimate may be on the conservative side and “technological improvements and the exploitation of a vast offshore wind resource could significantly increase this potential,” the study said. “One cannot play down the 7,000 kilometers (4,350 miles) of coastline.” Rest of the Article


Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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