News

A bright future for India’s power sector At COP21 in Paris, more than 190 countries committed to contribute to avoiding the rise of global temperatures by more than 1.5 or 2 degrees Celsius. This demonstration of climate change awareness, and support for efforts to mitigate it, marks an enormous milestone in history. Now, all 190 countries have to follow through on ... Read More »

A Renewables Revolution Is Toppling the Dominance of Fossil Fuels in U.S. Power Renewable energy was the biggest source of new power added to U.S. electricity grids last year as falling prices and government incentives made wind and solar increasingly viable alternatives to fossil fuels. Developers installed 16 gigawatts of clean energy in 2015, or 68 percent of all new ... Read More »

Renewables to grow faster than forecast to 2035: BP Renewable energy will grow more quickly than forecast and provide around 15 percent of world power generation by 2035, oil company BP said on Wednesday. Renewables, including biofuels and wind power, are projected to increase at a rate of 6.6 percent per year, boosting their share of the total primary energy ... Read More »

Could Morocco’s megaplant revive dreams of Saharan solar? A gigantic solar power complex on the edge of the Sahara has gone online, boosting the North African nation’s renewable energy goals. But a former dream of exporting this clean power to Europe is still a long way off. On Thursday (04.02.2016), Morocco’s King Mohammed VI inaugurated one of the world’s biggest ... Read More »

Progress on Clean Energy It’s been barely two months since I got to be part of some exciting announcements about energy innovation, but there’s already some excellent progress to tell you about. Here’s a quick update. Just weeks before the announcement, Senator Lisa Murkowski went to the floor of the Senate to make a crucial point: If we’re going to ... Read More »

Rent your rooftop and get solar power at a cheaper rate Give us your rooftop and we will give you cheap solar power – this is the model being used by many solar power companies to rake up their rooftop solar installation capacities. Industrial establishments, commercial buildings, malls and large gated communities are the target for these operators who would ... Read More »

‘US firms keen to participate in India’s solar programme’ Several American companies are looking at opportunities in India’s renewable energy sector and are keen to participate in the National Solar Mission, US Exim Banksaid on Friday. “We are working with a number of renewable energy companies in the US and they are looking to increase their business here,” said Fred ... Read More »

Germany’s SMA Solar says 2016 operating profit could quadruple * SMA sees 2016 EBIT at 80-120 mln eur vs 30-33 mln in 2015 * Sees 2016 sales at 950 mln to 1.05 bln eur vs 1.0 bln * Shares drop more than 10 percent (Adds shares, sales guidance) FRANKFURT, Jan 29 Germany’s largest solar power equipment maker, SMA Solar, said ... Read More »

US firms keen to invest in India’s renewable energy sector With India looking to enhance the share of renewable sources to 40% of its energy mix by 2030, up from 13% now, US businesses are making a beeline to capture a slice of the market. Fred P. Hochberg, chairman and president of the Export Import Bank of the US said ... Read More »

What really happened at Vasan Healthcare? At half-past seven on the morning of 1 December 2015, two cars pulled up outside 199, St Mary’s Road, in Alwarpet, a South Chennai neighbourhood that still has a few bungalows in what is increasingly becoming a city of apartments. A man alighted from one of the cars and told the guard at 199, ... Read More »