Competitive bidding for solar projects making financing tough
Caution for the investors interested in investing in solar projects. Competitive bidding is leading to lower profit margins.
India is the most attractive out of the 15 emerging solar markets; according to a report by Lux Research
India poised for big solar power growth - report
LOS ANGELES | Thu Jan 6, 2011 4:30am IST
"India comes away as by far the most attractive market for long term growth out of these that we looked at," said Jason Eckstein, a Lux Research analyst and the report's lead author.
Foreign firms look to increase solar power presence in India
22 Dec, 2010, 10.36AM IST, AGENCIES
The head of Solar-Gem, Khimji Vaghjiani, said solar power had "enormous scope" in India, as 80,000 villages have no electricity and plans for conventional power plants are often delayed over land or environmental concerns about pollution.
"Trying to distribute power is going to be very difficult (in India)," he told AFP before the launch on Monday evening.
Gujarat setting up 8,000-crore solar power park
6 Dec, 2010, 09.19AM IST, Himanshu Darji & Mitul Thakkar,ET Bureau
The apex state utility, Gujarat Urja Vikas Nigam Ltd (GUVNL), is currently in the process of entering into long term power purchase with agreements with 80 solar power project investors to commission almost 1,000 MW of generation capacity. This capacity will help procure 1,700 million units of environment friendly electricity per annum.
Proposals for 1,184 MW of solar power projects
V. Rishi Kumar
Hyderabad, Dec. 5
Solar power projects with a total installed capacity of 1,184 MW have been proposed by private developers in Andhra Pradesh, according to Mr Chandan Mitra, Vice-Chairman and Managing Director of Non-Conventional Energy Development Corporation of Andhra Pradesh Ltd.
Solar energy projects of 505 MW for Rajasthan
18 Nov, 2010, 10.34AM IST,PTI
Solar energy projects of 505 MW (value at $1.33 billion) capacity will be established in Rajasthan.
The Centre has "recently executed tender process to select solar power projects of 630 mw capacity to be established in the country. Out of the total capacity, projects of 505 mw capacity will be set up in Rajasthan alone," an official statement said in Jaipur.
Renewable energy sector to attract more private equity investments
Saturday, Nov 20, 2010
Globally, investment in clean energy has been growing at a compounded annual rate of 36 per cent reaching about $19 billion in 2009.
Separately, a study by the Word Resources Institute recently estimated a renewable energy market of over $2 billion a year in India.
The White House
Office of the Press Secretary
For Immediate Release November 08, 2010
The U.S.-India partnership is indispensable to addressing the challenges of our times. This strategic relationship encompasses a range of issues, activities, and programs that reflect the vision of President Obama and Prime Minister Singh that benefits not only the people of the United States and India but the world as a whole.
Indo-US trade may double in 5 years
Press Trust of India / Hyderabad November 01, 2010, 20:45 IST
The Indo-US trade is likely to be doubled in next five years from the present $37 billion, Suresh Kumar, Assistant Secretary of Commerce and Director General of the US Foreign Commercial Service said here today.
Green in focus in $2.3 trillion India plan
By Ratnajyoti Dutta
NEW DELHI | Wed Oct 13, 2010 2:18pm IST
(Reuters) - India will spend $2.3 trillion to boost its energy sector by 2030 by improving energy efficiency and using clean technology to help Asia's third largest economy balance growth and environmental aims.
India aims to add about 100 gigawatts (GW) of power generation capacity by early 2017, much of it from coal, despite conceding it would miss by 79 percent an earlier five-year target of adding 78.7 GW by March 2012.