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Nereus Raises $140 Million for India Clean Energy Fund

By : Sustainability ..., Jun 24, 2013

Nereus Capital Management LLC said it raised as much as $140 million from Northern Lights Capital Group LLC and the U.S. Agency for International Development for its India clean energy fund.

Northern Lights will contribute $100 million to Nereus Capital’s India...

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HCL Tech in focus after multi-year engagement with Vestas Wind Systems

By : Sustainability ..., Jun 24, 2013

HCL Technologies after market hours on Friday, 21 June 2013, said it entered into a multi-year engagement with Vestas Wind Systems A/S as the latter's strategic partner. Vestas is a global leader in manufacturing, selling, installing, and servicing of wind turbine power-...

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Development of Geothermal Energy is essential for Indian energy sector

By : Sustainability ..., Jun 24, 2013

The economic growth in India is opening up great potential for development of renewable resources. Technological advancement in this sector is essential for meeting up with ever increasing energy demand of the country. Geothermal energy has the potential to generate and...

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Subject Tags: energy , Technology

Low valuations bring back investors in wind energy projects; sector sees 1,500-crore investment

By : Sustainability ..., Jun 24, 2013

More investors are backing wind energy projects as low valuations make the sector attractive for risk capital deals. This year over 1,500 crore has been invested so far and the momentum is expected to continue with deep-pocketed players, such as Goldman Sachs, increasing...

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Subject Tags: energy , Technology

Smart grid pilot project in Mysore gets the go-ahead

By : Sustainability ..., Jun 22, 2013

The first smart grid pilot project in Mysore, which is expected to cost around Rs. 32 crore, has been approved by the Ministry of Power. It will help address issues of efficiency, reliability and sustainability of power generation and distribution.

Workshop

M....

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Subject Tags: Technology

Sustainability code for tea industry from July 11

By : Sustainability ..., Jun 17, 2013

Tea Board Chairman MGVK Bhanu has said the board will unveil a 'sustainability code' for the industry on July 11, and redefine the way it operates.

Addressing the 24th annual general meeting of the Federation of All-India Tea Traders Associations at Anand, about 40...

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Subject Tags: Technology

Solar players upbeat over EU action against China

By : Sustainability ..., Jun 16, 2013

Indian solar cell and module manufacturers are enthused by two developments in the last few days.

First, the European Union’s action of imposing anti-dumping duty on solar panels imported from China has raised expectations that the Indian government will follow suit. (...

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Fraudulent solar firms swindling public

By : Sustainability ..., Jun 16, 2013

The Agency for Non-Conventional Energy and Rural Technology (ANERT) will help customers select credible agencies for domestic solar power projects.

The move comes in the wake of the recent solar power fraud in which several people were reportedly cheated. The political...

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Azure, Solairedirect Win Solar Licenses in India Auction

By : Sustainability ..., Jun 15, 2013

Azure Power India Pvt. and Solairedirect SA were among winners of licenses to build a total of 250 megawatts of solar power in India’s Punjab state.

The state sold 200 megawatts of contracts of 5 megawatts to 30 megawatts each to companies with experience in the...

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CLP India to invest Rs 7,000 cr

By : Sustainability ..., Jun 14, 2013

CLP India, a subsidiary of power sector major CLP Holdings, plans to invest about Rs 7,000 crore in India. The company is also considering a foray into the solar power sector.

"We are looking at adding about 1,000 Mw; one-Mw capacity would require an investment of Rs 6...

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Subject Tags: Technology