Nearly 40% of all new power capacity in India this year is solar The solar energy sector has accounted for the largest capacity addition to the Indian electricity grid so far this year. It has contributed around 39%—over 7,100 MW—to the overall capacity additions, according to data from Mercom Capital Group, a US-based research and consulting firm. For comparison, solar ... Read More »
Development banks urged to put more energy into power for poor The World Bank and other major development banks are investing far too little in getting electric power to poor people around the globe, and should allocate at least half their energy budgets to such projects, environmental groups said on Thursday. Some 1.1 billion people, one in seven of the ... Read More »
Dubai seeks to boost cooperation with India in renewable and clean energy A high-level delegation from Dubai Electricity and Water Authority (DEWA), headed by Saeed Mohammed Al Tayer, Managing Director & CEO of DEWA, is visiting India to promote opportunities for joint cooperation in the renewable and clean energy sectors. ” The leadership of the UAE and India are committed ... 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 »
Bio-Gas as one of the Alternate Renewable Sources of Energy It is evident that no single source of energy would be capable of replacing fossil oil completely which has diverse applications. On the other hand, dependence on fossil oil would have to be reduced at a faster pace so as to stretch its use for longer period and in critical ... 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 »
Renewable energy supply to double in major economies by 2030 Renewable energy supply in eight major economies will collectively more than double by 2030 due to new national climate and energy plans, according to a study by the think tank World Resources Institute (WRI). Total clean energy supply from eight of the world’s 10 largest greenhouse gas emitters – Brazil, ... Read More »
Modi, Merkel vow to revive trade efforts, promote clean energy * To push for revival of India-EU free trade talks * Germany to provide 2 bln euros for clean energy, solar * India sets up one-stop shop for business approvals (Adds Indian foreign secretary on free trade deal) By Andreas Rinke and Douglas Busvine NEW DELHI, Oct 5 India and ... Read More »
India Clean Energy Clean Energy for India – the world's fastest growing economy