Uncategorized

Solar industry to gain from rising demand: Bank Sarasin study

Over the past two years the solar industry has shown itself to be incredibly resilient to the general economic crisis. This is the conclusion reached in the latest study published by Bank Sarasin’s Sustainability Research department entitled “Solar industry: entering new dimensions”. The Sarasin Group is incorporated in India as Sarasin Alpen India Private Limited which is a Non Fund Based Non Banking Financial Company” (NF-NBFC) with offices in Mumbai and New Delhi. The entity provides financial advisory and consultancy services to wealthy private clients in India and distribute select…

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Renewable Energy Solar Energy

Space Sought for Waste to Energy and Solar Projects in Mumbai

In Mumbai, India, the National Building Construction Corporation (NBCC) has asked the state government to identify dump yards across the state that that have the potential for solar and bio-mass energy, reports The Times of India. Dumping grounds are seen as ideal for setting up of solar panels that require huge amount of space, while waste to energy technologies are being considered to treat the solid waste. The state has set up a three-member panel comprising secretaries from the urban development department, energy and rural development department to implement the…

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Solar power rates to drop 20% by 2013

The first phase of the National Solar Mission, that ends in 2013, would bring down solar power tariff by around a fifth to Rs 4.50 per unit. At present, the average cost of solar power in India is over Rs 15.30 per unit according to the norms fixed by the electricity regulator CERC. According to the ministry, the 20 per cent drop in cost at which solar power would be sold henceforth to distribution companies has been made possible because of huge discounts quoted by developers who have put their…

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Solar Energy

Solar PV/ Solar Thermal Power generation project allotment by Government of INDIA

The NTPC Vidyut Vyapar Nigam of the Indian Government has announced the approval of Solar Project in the first phase of the most ambitious Jawaharlal Nehru National Solar Mission. The allotment includes the 150 MW Solar Photovoltaic Power Plant and the 370 MW Solar Thermal Power Plant.The final pricing was at Rs. 13.00 per KWh. The developers of the project were backed by foreign investors, manufacturers of solar PV Panels, inverters and other related charge controllers. With this the objective of first phase of JNNSM is set to get accomplished!

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Uncategorized

RWE to buy carbon credits at a 20% discount from India solar heat project

Mumbai, AG, Germany’s second-largest utility, agreed to buy 227,460 United Nations emission credits at about 20 percent below market prices from a solar water heating project in India. The emission reductions will be generated by having 15,000 households, hotels and other users of electric water heaters switch to solar water heating, Ashok Singha, chief executive officer of CTRAN Consulting, an environmental advisory company that managed the project, said by telephone. The project is expected to earn 22,746 credits annually over 10 years from the UN-led Clean Development Mechanism, he said…

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