Market
Goldman sachs invest Rs 1000cr in India’s renewable energy sector
In what can be termed as the largest investment in India’s renewable energy sector, ReNew Wind Power, a renewable energy independent power producer (IPP), has announced that it had secured an equity investment of Rs.1,000 crore from Goldman Sachs, a leading global investment bank and active investor in alternative energy/clean technology. [Continue]
Biofuel Industry in India – 4% CAGR to 2018 Projected
The Indian biofuel market has been consistently witnessing growth and development for the past few years. On the back of these developments, the Indian ethanol consumption is projected to grow at a CAGR of around 4% during 2009-2018. Ethanol consumption is expected to grow more rapidly than domestic production thus, creating an ethanol import scenario [Continue]
Suzlon Energy bags 25.5 MW wind turbines order from GAIL
Wind power company Suzlon Energy today said it has bagged an order from GAIL for supply of wind turbines to the state-run gas distribution major’s upcoming project in Karnataka. [Continue]
Industry
$100mn ADB loan for Gujarat solar parks
The Asian Development Bank (ADB) will extend US $100 million loan for solar power initiatives in Gujarat.The funds will be used for a substation, transmission lines and other equipment to collect and [Continue]
Global renewable energy to grow through 2035
Renewable energy will grow faster than other electricity generating alternatives, accounting for nearly one-third of the world’s electrical generating capacity by the end of 2035, according to the [Continue]
Investments flowing into India’s wind sector?
The wind seems to be blowing in the right direction for renewable energy players. Just last week Goldman Sachs picked up a majority stake in ReNew Wind Power, a renewable energy independent power [Continue]
Trends
Global Renewable Energy to Grow Through 2035
Indian green IT and sustainability spend to touch $70B by 2015
India will be global leader in solar energy
Finance/Investment
Goldman sachs invest Rs 1000cr in India’s renewable energy sector
In what can be termed as the largest investment in India’s renewable energy sector, ReNew Wind Power, a renewable energy independent power producer (IPP), has announced that it had secured an equity investment of Rs.1,000 crore from Goldman Sachs, a leading global [Continue]New Projects
GE makes first green power investment in India
Greenko Group Plc, a London Stock Exchange’s Alternative Investment Market-listed renewable energy company, and GE (General Electric) Energy Financial Services willdevelop 500 mw of wind power in India at an investment of $115 million (`563 crore), the latter announced on Monday. [Continue]
Renewable/Sustainable
India’s Clean Energy Knowledge Gap Revealed
The bad news is that Indians don’t know much about renewable energy, and even less about energy efficiency. The good news? They’re willing to pay higher rates for clean power. Those are a couple of the key revelations from the “India Renewable Energy Awareness [Continue]Solar
U.S. agency to give $150 million for solar powered towers to India
A U.S. agency has announced that it will provide a financial assistance of $150 million to India to expand use of solar powered telecommunication [Continue]
Wind
Greenko, GE team up to develop wind projects
Independent power producer Greenko Group plc and GE Energy Financial Services today announced plans to form a new venture to develop wind energy [Continue]
Bio-Energy/Bio-Fuel
Bio-fuel from carcasses in Ahmedabad could be reality
The Ahmedabad Municipal Corporation (AMC) is mulling a project to produce bio-fuel from carcass, something which has never been done in India. [Continue]
Technology
India May Require Wind-Turbine Suppliers to Open Local Factories
India may require international suppliers of wind turbines to establish local factories, according to a draft of new policy guidelines released by [Continue]