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Wind energy capacity addition to dip in financial year 2013

By : Sustainability ..., Jan 23, 2013

India will witness its weakest wind energy capacity addition in seven years , due to the double-whammy of high interest rates prevailing in financial year 2012-13, coupled with a rollback of incentives, sector players and experts said.

The country may be able to...

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Subject Tags: energy

Ikea to Double Renewable Energy Investment to $4 Billion by 2015

By : Sustainability ..., Jan 23, 2013

Ikea Group, the world’s biggest furniture retailer, will double its investment in renewable energy to $4 billion by 2020 as part of a drive to reduce costs as cash-strapped consumers become more price sensitive.

The additional spending on projects such as wind...

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Govt. urge power companies to use renewable energy sources

By : Sustainability ..., Jan 21, 2013

The government is pushing power companies to start distributing a certain percentage of renewable energy, like solar power, from this financial year, but the discoms say they need more time and that solar power is likely to lead to higher power tariffs in the short run...

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Subject Tags: electricity , energy , Politics

Proparco in talks to invest $10 million in RenewGen, a renewable energy firm

By : Sustainability ..., Jan 21, 2013

Global development finance institution Proparco is currently in discussions to invest $10 million (about Rs 54 crore) in RenewGen Enviro Ventures India, a Bangalore-based renewable energy firm.

The investment, which will be in the form of debt, follows the $9...

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Coimbatore solar energy units in an upbeat mood

By : Sustainability ..., Jan 21, 2013

Manufacturing of solar energy-related products in Coimbatore is set to get a boost with the State unveiling a new solar energy policy and the solar energy equipment manufacturers here expect to clock a 15-20 per cent annual growth, according to the organisers of the ‘...

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Subject Tags: energy , Technology

Bucks for green energy

By : Sustainability ..., Jan 21, 2013

In a pre-budget exercise, the Climate Parliament group of Members of Parliament asked the Finance Minister, P. Chidambaram to incorporate a series of financial measures for renewable energy in the Budget 2013-14, so that the targets set in the National Action Plan of...

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Subject Tags: energy , Politics , Technology

Solar heater scheme to conserve energy

By : Sustainability ..., Jan 20, 2013

The Manipur Renewable Energy Development Agency has set a target of installing solar heaters in 3,340 houses in the state in an effort to conserve energy and reduce pollution.

"We have installed solar heaters in 800 houses so far and the remaining will be...

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Subject Tags: energy , Technology

National Wind Energy Mission on cards

By : Sustainability ..., Jan 18, 2013

A National Wind Energy Mission on the lines of Jawaharlal Nehru National Urban Solar Mission (JNNUSM) may soon be announced by the Centre in order to fuel the growth of wind energy sector.

At a panel discussion organised here by Centre for Study of Science,...

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Subject Tags: energy

Solar energy fest kicks off at Bhavan’s College

By : Sustainability ..., Jan 18, 2013

The real power struggle in India doesn't play out in boardrooms, or the parliament, but in homes that are deprived of consistent or any electricity. On the global front, it's a power struggle between man and nature.

Alert to the evidence of climate change, and...

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Subject Tags: energy , Environment

Ministry moots policy changes to boost investment in wind energy

By : Sustainability ..., Jan 18, 2013

The Union Ministry for New and Renewable Energy has suggested certain policy changes to boost investment in the wind energy sector.

The Ministry wants to reintroduce ‘accelerated depreciation mechanism’ which had earlier helped grow the wind energy industry....

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Subject Tags: energy