solar energy
India to respond to US WTO notice on domestic sourcing rules under National Solar Mission

India has said it will respond to the United States’ notice challenging the domestic sourcing requirement in its National Solar Mission in 10 days’ time as stipulated under the rules of the World Trade Organization. The US, on Wednesday, filed an official dispute against India at the WTO claiming that the domestic sourcing rules flouted global trade norms. It has asked for consultations with India on the matter. “Our Mission

solar energy
IEA Report: Renewable Energy to See Huge Growth Over Next 5 Years

Renewable energy will be even more popular over the coming years, according to a new International Energy Agency report. Over the next five years, the report predicts a 40% increase in the generation of energy from renewable sources worldwide. If that comes to pass, then renewables would generate 1.5 times the amount of energy currently produced in the United States. “Renewable energy is expanding rapidly as technologies mature, with deployment

renewable subsidies
Japan approves renewable subsidies

Japan has approved incentives for renewable energy that could unleash billions of dollars in clean-energy investment and help the world’s third-biggest economy shift away from a reliance on nuclear power after the Fukushima disaster. Industry Minister Yukio Edano approved the introduction of feed-in tariffs (FIT), which means higher rates will be paid for renewable energy. The move could expand revenue from renewable generation and related equipment to more than $30

solar energy
Indian Govt. Revised 2020 Renewable Energy Targets From 6 to 15%

India’s Union Minister of New and Renewable Energy has announced the increase of the country’s 2020 renewable energy targets, from 6 to 15%. At the Institute of International and European Affairs (IIEA), held in Ireland’s capital, Dublin, Farooq Abdullah additionally said that an action plan has been developed, which lays the ground for 30 GW of renewable energy generation by 2017. He said that renewables already account for 12% of

REaction 2012
REaction 2012 – Conference on renewable energy from July 26, 2012

With the cost of power generated using diesel at over Rs.50,000 crore every year for Indian industry and set to only go up, it is imperative to switch over to renewable energy sources. Seeking to convey this message, organisers of the upcoming ‘REaction 2012,’ a two-day conference on D2R (diesel to renewable), said use of the fuel for power generation remained a major concern for almost every industry. Besides the

China renewables
China to spend US$27 Bn on energy conservation and renewables

China’s central government plans to spend US$27 Bn this year to promote energy conservation, emission reductions and renewable energy, the Ministry of Finance said. The ministry said China plans to promote more use of energy-saving products and low or no-emission power generation such as solar and wind. It also wants to accelerate the development of renewable energy, as well as energy-saving technologies, such as electric and hybrid cars. China is

renewable
Renewable energy investments increased 5% to $260bn in 2011

A report from Bloomberg New Energy Finance said that a sluggish economy did not hamper investments in new clean energy projects as they increased 5% to $260Bn in 2011, a record high. U.S. investments in renewable energy moved ahead of China for the first time since 2008, according to the latest data. U.S. projects saw an investment of $55.9Bn in 2011, up 33% from 2010. China’s investments increased 1% to

suzlon logo
Suzlon Energy Signs MoU With AP Govt For 3,000mw Power Projec

Suzlon Energy, has signed a MoU with the Andhra Pradesh government for setting up of capacities to generate about 3,000 mw of wind power till 2016. The proposal entails an investment of about Rs18,000 crore. Under the MoU, which was signed at the recent Partnership Summit in Hyderabad, the state government will facilitate Suzlon in obtaining necessary permissions, registrations, approvals and clearances for the development of wind farms in the

renewable subsidies
Suzlon planning new wind project in south Australia

Wind power company Suzlon Energy is planning a USD 1.3 Bn project in regional South Australia to power 225,000 homes a year. Suzlon Energy Australia said the USD 1.3 Bn wind farm will be built 20 kilometres South-West of Ardrossan, a small town on the East Coast of the Yorke Peninsula. It said up to 180 turbines will generate 600 Mw of energy and deliver power to 225,000 homes in

Solar Project
US Approves Blythe Solar Power Project

The biggest solar project that plans to provide power to more than 3,00,000 homes in southern California was permitted by the US interior department. The US$6 Bn, 1,000MW project, a joint venture of Solar Millennium AGand Ferrostaal AG, will be located on federal lands near Blythe, in the southern tip of California. “The Blythe Solar Power Project is a major milestone in our nation’s renewable energy economy and shows that

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