You are here

Big India plans for next-gen Finnish power company

By : Sustainability ..., Sep 13, 2012

Finnish power generation company Fortum, which focusses on low emissions, resource-efficiency and energy security, sees energy-hungry India as a market with huge potential. "India is important for Fortum because of its growing electricity needs," Tapio Kuula, president and...

Read more..

IFC invests in renewable energy fund to help India reduce carbon emissions

By : Sustainability ..., Sep 11, 2012

IFC, a member of the World Bank Group, is investing $20 million in Nereus India Alternative Energy Fund, India’s first dedicated renewable energy fund that will promote the development and use of clean and renewable energy technologies, helping reduce the country’s growing...

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

Wind power firms petitions PM to 'save' industry

By : Sustainability ..., Sep 7, 2012

 The Indian Wind Power Association (IWPA) has appealed to the Prime Minister Manmohan Singh to reinstate incentives to wind power manufacturers that the Centre had withdrawn in the last Union budget, to increase private investment in the wind energy sector.

In a...

Read more..
Subject Tags: energy , Technology

Anil Kakodkar terms Sun, nuclear power answers to India's energy needs

By : Sustainability ..., Sep 5, 2012

Contrary to public perception that older methods of energy generation are safer compared to nuclear energy, data proves that the fatalities per kilowatt-hour are least in nuclear energy "even accounting for Chernobyll," said Anil Kakodkar, former chairman of Atomic Energy...

Read more..
Subject Tags: energy

Global energy panel calls for investment in clean energy

By : Sustainability ..., Sep 4, 2012

The International Energy Agency (IEA) Tuesday urged all countries to invest in clean energy for a low-carbon future.

IEA Executive Director Maria van der Hoeven said investment in clean energy made economic sense as every additional dollar invested could generate three...

Read more..
Subject Tags: energy

Now, small buildings can go for green stars

By : Sustainability ..., Sep 3, 2012

The focus of energy efficiency has usually been large buildings, whether residential or commercial. Now, there is a project that will help smaller buildings reduce their carbon footprint. An offshoot of GRIHA — the green rating for integrated habitat assessment — SVAGRIHA has...

Read more..
Subject Tags: energy , Technology

Solar energy sector gaining momentum in Karnataka

By : Sustainability ..., Aug 30, 2012

The solar power sector is gaining momentum in Karnataka ever since the government introduced a solar energy policy (2011-16). The government has recently concluded a bid process, in which 80 Mw (60 Mw for solar PV and 20 Mw for solar thermal) was allotted to developers at...

Read more..

Morgan Stanley joins race to acquire DLF's wind power business

By : Sustainability ..., Aug 29, 2012

Morgan Stanley, the US-based investment bank, has joined the race to buy real estate firm DLF's wind power business, signalling heightened private equity interest in renewable assets at a time of deepening financial trouble for its main customers and reduced margins due to...

Read more..

Carbon efficiency failing to fight warming: study

By : Sustainability ..., Aug 28, 2012

A surge in carbon emissions from power demand in the developing world is overwhelming progress by nations including China and the United States in improving efficiency, new research shows.

Seeking to cut costs, numerous nations in recent years have scaled back or...

Read more..

India could do better on renewable energy, experts say

By : Sustainability ..., Aug 28, 2012

When India was hit by huge power cuts at the end of July, the residents of Patragonda, a tribal village in the eastern state of Jharkhand, remained blissfully unaware.

The reason is simple - the village, nestled in a dense forest, has never been connected to the...

Read more..