$1 bn private equity fund planned renewable energyPower and New and Renewable Energy Minister Piyush Goyal on Friday said the government plans to set up a $1 billion private equity fund for the renewable energy sector that would be initially seeded by state-run companies. "We are planning a $1 bn private equity fund for renewable energy sector; initially seeded by Govt. companies. "Seek to collect $4 bn/year in 3-4 years for clean energy fund. "Seek long tenor, low-cost overseas debt for clean energy fund," he said in a series of tweets. New and Renewable Energy Secretary Upendra Tripathi had said here earlier... Read more.. Date : Nov 30 Source: Buffalo Breeze
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Solar RECs demand in India reaches new high at nearly 88kTotal of 87,767 solar renewable energy certificates (solar RECs) were sold in India in November, marking a 533.7% jump on October and a new monthly record. In addition, 231,545 non-solar RECs were redeemed, or 9.5% more than in the previous month, the REC registry shows. Under the REC scheme, renewable power producers in India receive credits for the power they produce if they do not take advantage of other incentives. The RECs are traded on the last Wednesday of each month. REC issuance for November stood at 95,931 solar and 517,140 non-solar certificates, so the gap... Read more.. Date : Nov 27 Source: SeeNews
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India adds 2,311 MW renewable generation capacity in 7 monthsIndia has added 2,311.88 MW of grid-connected power generation capacity from renewable energy sources like solar and wind till October of this financial year, against the full fiscal’s target of 4,460 MW, an official statement said on Thursday. A total of 827.22 MW of solar power generation capacity was added in this period, taking the cumulative electricity generation capacity from the source to 4,579.24 MW, said the new and renewable energy ministry statement. Wind power generation capacity of 1,234.11 MW was added in these seven months, taking cumulative electricity... Read more.. Date : Nov 27 Source: Panchbuta
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Renewables a clear business opportunity in India: new briefingBusiness has an opportunity to drive the development of a reliable and affordable supply of renewable energy in India – so concludes a new briefing, published today by The Climate Group and CDP as part of the ... Read more.. Date : Nov 27 Source: The Climate Group
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IDBI Bank raises Rs2,310 crore via green bondsIDBI Bank Ltd on Thursday said it has raised $350 million (about Rs.2,310 crore) from green bonds to fund clean energy projects. The issue was made under the $5 billion medium term note (MTN) programme listed on Singapore Stock Exchange, IDBI Bank said in a statement. With this, IDBI has become the first state-owned commercial bank to raise $350 million by selling green bonds. The proceeds will be used for refinancing of clean energy projects assisted by the bank which include wind energy, solar energy etc., it said. The funds raised... Read more.. Date : Nov 27 Source: Livemint
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India will supply 100 MW electricity to Bangladesh from Dec 16In yet another sign of warming ties and growing cooperation, India will start supplying 100 MW of electricity to power-starved Bangladesh from December 16, the day observed as Vijay Diwas in both the countries. That was the day Bangladesh emerged as a sovereign nation after the surrender of 95,000 Pakistani troops at the end of the 1971 Liberation War in what was then East Pakistan. "Arrangements are being readied to supply 100 MW of power to Bangladesh from December 16 to keep in mind the celebration of Vijay Diwas," Tripura State Electricity Corporation Limiited (TSECL) chairman... Read more.. Date : Nov 27 Source: Buffalo Breeze
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TUV Rheinland India to provide services for development of smart cities and its peopleTÜV Rheinland India has a vision that it will provide its services in the development of smart cities, especially in the areas of renewable energy, mobility, sustainable waste management, life-care and consultancy. The aim is to improve the quality of life for the people living in smart cities. This announcement was made by Mr M. Bhaskar, Director of TUV Rheinland India, on the occasion of the company’s participation in the ‘Sustainable Smart Cities India’ event held at Mangaluru recently. This event focused to bring the government, private and public sectors together under one roof... Read more.. Date : Nov 27 Source: Energetica India
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Tata Power launches special AC Exchange programme in Mumbai to promote energy efficiencyTata Power has announced that it has launched ‘Energy Efficient 5 Star Split AC New Purchase and Exchange Programme’to allow consumers to exchange their inefficient electrical appliances for energy efficient appliances and motivate them to associate with and contribute to ensuring a greener and sustainable planet in a more integrated fashion. As part of the ‘Be Green’ initiative to promote the use of energy efficient appliances, the programme aims at unifying consumers in the green movement. Theprogramme has been designed with the objective of helping consumers save energy without... Read more.. Date : Nov 27 Source: Energetica India
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CO2 Emissions Growth Almost Stalled In 2014Global CO2 emissions growth almost stalled in 2014, slowing to only 0.5% growth compared to 2013, according to new figures released this week. A new report published by PBL Netherlands Environmental Assessment Agency and the European Commission’s Joint Research Centre (EC-JRC) showed that not only did global CO2 emissions growth slow to only 0.5% in 2014 compared to the year previous, but that the world’s economy grew 3% during the same period, showing again... Read more.. Date : Nov 27 Source: Clean Technica
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Too many emission curbs to hit India’s competitive power: GoyalAhead of Paris climate talks at the end of this month, Power Minister Piyush Goyal today said too many restrictions on carbon emission will curb India’s competitive strength. “Too many restrictions on carbon emissions will curb India’s competitive strength. The developed world must provide access to low—cost finance and technology to developing nations for climate action,” Goyal tweeted today. The Minister has also urged business leaders to become influencers to push India’s climate action plan. The UN Climate Change Conference in Paris (COP21) is scheduled from... Read more.. Date : Nov 27 Source: The Hindu Business Line
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‘Modelling Sustainability’ STWI Global Report launchedWelcome to the first edition of Modelling Sustainability: the first biannual global report from the Sweden Textile Water Initiative (STWI) Projects – the largest global public-private partnership in the field of sustainable textiles today. Textile manufacturing is amongst the largest industrial users of water and is poised for transformation. In order to inspire this transformation towards a water wise future, the Stockholm International Water Institute (SIWI)... Read more.. Date : Nov 26
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India scaling up energy efficient LED lightsToday nearly 30 million energy efficient LED light bulbs were distributed to Indian households and 461,954 light fixtures upgraded to LEDs under a government program to advance energy efficient lighting in India. After calling for energy efficient LED light bulbs to be installed in 100 cities in India by March 2016, the Indian... Read more.. Date : Nov 26 Source: The Climate Group
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Developing countries will need $270bn more to adapt to climate change – studyDeveloping countries will have to pay $270bn extra each year to adapt to the impacts of climate change if global pledges to cut greenhouse gas emissions do not increase, according to a new report by Oxfam. Plans submitted by more than 170 countries ahead of crunch UN climate change talks in... Read more.. Date : Nov 26 Source: The Guardian
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HHV Solar Technologies Ltd inaugurates 100 MW PV Module Manufacturing Facility at BangaloreHHV ST has announced that it has recently completed the full commissioning of their State-of-the Art 100 MW crystalline solar photovoltaic (PV) manufacturing line with advanced Process Automation and German Machinery. HHV ST becomes one of the top quality Solar Module facilities in India with best in class Quality Control measures. The highlights of the new facility are:
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Greenlight Planet™ launches Sun King Pico solar home light @ Rs. 499Greenlight Planet announces the launch of the ultra-affordable Sun King Pico for just Rs. 499. For hundreds of millions of off-grid homes who spend upwards of Rs 200 per week on kerosene to light their dim, smoky kerosene lantern for light at night, the Pico pays for itself in less than three weeks. But kerosene cost savings are only a secondary benefit of Sun King Pico. Date : Nov 26 Source: energetica India
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SunEdison May Call Off Acquisition of Indian Wind Energy IPPMore Indian news outlets are now reporting the possibility that SunEdison will back out of its acquisition of Indian wind energy independent power producer Continuum Wind Energy. Leading business daily Economic Times has reported that the US-based renewable energy project developer may not go ahead with the acquisition of Continuum Wind Energy, after SunEdison had... Read more.. Date : Nov 26 Source: Clean Technica
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One Million Clean Cookstoves Cut CO2 Emissions, Fuel CostsWood-burning clean cookstoves are pretty low-tech compared to many of the devices, gadgets, and concepts usually featured at CleanTechnica. Their impact, however, ranks right up there with much more complex clean technology. Clean, efficient cookstoves not only reduce indoor air quality issues created by open fires, but also reduce deforestation and give women more time for education, and work that they find more fulfilling. US-based... Read more.. Date : Nov 26 Source: Clean Technica
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The Africa Climate Business Plan Fast-Tracks Climate ResilienceA new plan created by the World Bank is aiming to fast-track the climate resilience and low-carbon development in Sub-Saharan Africa. Revealed on Tuesday, the new plan calls for $16 billion to be invested to help Africa’s people and countries adapt to the rapidly changing climate, and build up the continent’s resilience to future climate shocks. The plan, Accelerating Climate-Resilient and Low-Carbon Development:... Read more.. |
Underwater Balloons Store Energy In Canadian ProjectThe Canadian company Hydrostor has developed a way to store energy using pressurized air kept in underwater balloons and currently has a pilot project in Lake Ontario. The air is used at opportune times to turn turbines to generate electricity. CEO Curtis VanWalleghem generously answered some questions about the technology for CleanTechnica. How did you come up with the idea to use underwater compressed air? Cameron Lewis... Read more.. Date : Nov 26 Source: Clean Technica
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Green Building Demand Doubles Every Three YearsAccording to a recent report, soon to be released by Dodge Data & Analytics, green building continues to double every three years, with strongest acceleration in emerging economies, and clients and tenants worldwide are increasingly demanding sustainability – for both energy efficiency and occupant benefit. Preliminary results from the World Green Building Trends 2016 report, with funding from United Technologies, were announced by Bob McDonough... Read more.. Date : Nov 26 Source: Clean Technica
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Ministry of Commerce & Industry launches Technology Acquisition and Development FundIn order to facilitate provision of green technologies to Micro, Small and Medium Enterprises (MSMEs) in sectors such as textile and apparel manufacturing, Nirmala Sitharaman, Minister of State (Independent Charge) for the Ministry of Commerce & Industry launched the Technology Acquisition and Development Fund (TADF) under the National Manufacturing Policy, being implemented by the... Read more.. |
Suzlon bags maiden order from Hero Future Energies for 31.50 MW wind power projectSuzlon Group has announced that it has won its maiden order from Hero Future Energies, an Independent Power Producer (IPP) company, for 31.50 MW of wind power project. Suzlon will install its S97 suite of WTGs (wind turbine generators) with 120m hub height and rated capacity of 2.1 MW each at Zaheerabad site in Medak district, Telangana on supply and installation basis. The project will be scheduled for commissioning by June 2016. The S97 - 120m is the Worlds’ tallest Hybrid tower and combines both lattice and tubular structure which is designed indigenously to harness the available... Read more.. Date : Nov 24 Source: Energetica India
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Tata Power Solar ranked #1 in the solar rooftop marketTata Power Solar has announced that it has emerged as a leader in solar rooftop solutions for the second consecutive year among EPC contractors, in the recently published India Solar Rooftop Map 2016 report by BRIDGE TO INDIA, a leading Cleantech consulting firm. As per this year’s report, the total installed capacity for rooftops in the country is 525 MW as of October 2015, inclusive of the commercial, residential and industrial sector. Tata Power Solar leads the space with more than twice the market share over its nearest competitor. Commenting on the map, Mr. Vinay Rustagi,... Read more.. Date : Nov 24 Source: Energetica India
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IDBI Bank to issue five-year green bonds todayState-owned lender IDBI Bank will issue five-year green bonds to overseas investors, the proceeds of which will be used to fund clean energy projects, said the bank’s chief financial officer N.S. Venkatesh on Monday. The bank has already lent $300 million to such projects and is in talks with several others to lend $2 billion over the next 12-15 months. The issue is “benchmark-sized” which enables the issuer to raise at least $350 million, said a bond sale arranger familiar with the issue. This is the second issue of dollar-denominated green bonds from India, the first... Read more.. Date : Nov 24 Source: Livemint
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Lanco to invest Rs2,300 crore for solar panel factory in IndiaIndian power and construction company Lanco Infratech Ltd will invest Rs.2,300 crore to build a solar manufacturing facility by January 2017 in Chhattisgarh. Lanco’s factory will be built on 100 acres of the 250-acre special economic zone in the Rajnandgaon district. It will produce 1,800 tonnes a year of solar-grade polysilicon, 100 megawatts of ingots and wafers, 150 megawatts of modules and 100 megawatts of cells, Lanco Solar president Raj Kumar Roy said in an interview. “We have already invested... Read more.. Date : Nov 24 Source: Livemint
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