You are here

Astonfield earns India's first CRISIL 'A' credit rating for solar power plant

By : Sustainability ..., Jul 16, 2013

Astonfield Renewables, a leading provider of affordable renewable energy, announced that Credit Rating Information Services of India Ltd (CRISIL), a division of the McGraw Hill Corp. and whose majority stakeholder is Standard & Poor's, has given an A- credit rating on...

Read more..
Subject Tags: energy , India , India Limited

India Tells Wind Farms to Forecast Power or Face Fines

By : Sustainability ..., Jul 16, 2013

ndia will fine wind farms that fail to set accurate day-ahead forecasts for power output, passing on risks to owners like CLP Holdings Ltd. (2) and Tata Power Co. (TPWR) after volatile generation led to the world’s biggest blackout.

A directive enforcing the fines...

Read more..

IFC finances Azure's rooftop solar India project

By : Sustainability ..., Jul 12, 2013

IFC, a member of World Bank, is providing $ 3 million loan to independent energy producer Azure Power's rooftop solar India project in Gujarat.

IFC's investment in the subsidiary is expected to help avoid around 3,600 tons of carbon emissions a year, Azure Power said...

Read more..

Astonfield Solar PV Project Awarded India’s First ‘A’ Credit Rating For Solar Power Project

By : Sustainability ..., Jul 12, 2013

A 5 MW solar photovoltaic (PV) project owned by Astonfield Renewables has become the first solar power project in India to receive an A class credit rating. The project has been given A- credit rating by Credit Rating Information Services of India Limited (CRISIL), a division...

Read more..
Subject Tags: India , India Limited

India’s First Wind Auction Stalled by Mytrah Court Case

By : Sustainability ..., Jul 11, 2013

India’s first auction of wind-farm licenses stalled after an industry lobby and a developer backed by Henderson Global Investors Ltd. filed injunctions, saying it would accelerate a 47 percent plunge in turbine installations.

Rajasthan state, India’s biggest market for...

Read more..

India Risks Spain’s Solar Slump With Move to Cut Tariff

By : Sustainability ..., Jul 11, 2013

India’s biggest solar power-producing state is seeking to cut the subsidized rate it pays to plants by 28 percent, joining governments from Spain to Greece backtracking on clean-energy support to lower costs.

Gujarat Urja Vikas Nigam Ltd. is asking for permission to...

Read more..

India has €2-b market potential for high-voltage transmission lines: Alstom

By : Sustainability ..., Jul 10, 2013

India has a market potential of €2 billion for setting up high-voltage transmission lines by 2018, France-based Alstom believes.

"The HVDC (high-voltage direct current) market is estimated at €50 billion in the next 10 years and Alstom targets a 20 per cent market...

Read more..

Environment ministry to consider diverting 300 sq km of forests for projects

By : Sustainability ..., Jul 8, 2013
The environment ministry will consider clearing a whopping 300 sq km of forests for projects in the next meeting of its Forest Advisory Committee (FAC), the statutory body which appraises projects that require forest land.
 
The proposals before the...
Read more..
Subject Tags: India

U.S. and India Build Climate, Clean Energy Cooperation

By : Sustainability ..., Jun 25, 2013

India and the United States will combat global climate change, collaborate on energy security and support the development of low-carbon economies to fuel job growth in both countries, government officials said today in New Delhi.

At the annual U.S.-India Strategic...

Read more..

USAID commits $100 m to India cleantech fund

By : Sustainability ..., Jun 24, 2013

India and the US can build a strong and smart future as the two nations have the ability to tackle the three major challenges of economy, security and climate change, said US Secretary of State John Kerry, on his maiden visit to India after taking charge at the State...

Read more..