Here's our next edition of EAI Newsletter. For more news items and updates, visit our blog @ http://www.eai.in/blog and our forum @ http://www.eai.in/forum
EAI India Solar PV Report
If you are an entrepreneur or investor exploring the fast growing solar energy opportunities in India, this report is for you. More from here - http://www.eai.in/ref/reports/solar.html
I had earlier sent a note about the EAI Club ( www.eai.in/club ) and the response has been quite good. We now have about 75 people in the club. It might seem a small number, but there have been a good amount of interactions between these members already, and I am truly hoping that the EAI Club can become a catalyst for the renewable energy movement in India. Here's inviting you once again to join the club, and network with other renewable energy enthusiasts and professionals in India - http://www.eai.in/club
My team dug up over a dozen interesting updates related to renewable energy in India. I have put them down below. Hope you find them useful.
Your feedback on the newsletter is always welcome.
EAI - Energy Alternatives India @ www.eai.in
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India Renewable Energy News and Updates
Partnership between Azure Power and SunEdison - Azure Power and SunEdison will develop and construct with a SunEdison 15 MW photovoltaic solar power plant in Gujarat. Mr. Inderpreet Wadhwa, CEO, Azure Power said, "From SunEdison we will derive the benefit of technology expertise and international execution experience of large scale solar PV projects." More - http://www.instalbiz.com/news/12-full-news-partnership-beetwen-azure-power-and-sunedison_844.html
Moser Baer to raise Rs 400 cr debt for expanding solar power - Moser Baer plans to raise Rs 300-400 crore of debt in the next two to three months to fund expansion, primarily to increase the crystalline silicon capacity of its photo voltaic (PV) business by 100 MW from the current 140 MW. “Our immediate plan or phase one of the expansion is about our crystalline silicon capacity. In PV, for the second consecutive quarter, we have been able to achieve strong shipment and corresponding revenue. We are now actively implementing our expansion plans of the crystalline silicon facility,” Yogesh Mathur, Group Chief Financial Officer. Phase two of expansion relates to an increase in the combination of both thin film and crystalline silicon facilities. Moser Baer’s current production capacity is of 80 MW crystalline cells, 80 MW crystalline modules, and 40 MW thin films with expansion plans in place. More - http://www.business-standard.com/india/news/moser-baer-to-raise-rs-400-cr-debt-for-expanding-solar-power/394116/
SEMI India announces ‘SOLARCON India 2010’ to be held in July - SEMI India, the Indian arm of SEMI (Semiconductor Equipment Materials International) and PV Group, a leading industry association serving the photovoltaic supply chain, will be conducting SOLARCON India 2010 at the Hyderabad International Convention Centre (HICC), Hyderabad between July 28 -30, 2010. The forthcoming event is the second edition of the solar-focused event. More - http://www.prlog.org/10676762-semi-india-announces-solarcon-india-2010-to-be-held-in-july.html
Solar power: Govt hopes to seal buy-deals for 800 MW this fiscal - The Government expects about 800 MW of power purchase agreements (PPAs) to be signed between the procurers and solar power developers during the current fiscal, under the phase I of the National Solar Mission. “It is expected that for solar photovoltaic (solar PV), we would have signed PPAs for nearly 200 MW out of the 500 MW, which are proposed in the first phase, and for solar thermal, it is expected that PPAs for all the 500 MW would be signed in this financial year itself,” a senior official in the Ministry of New and Renewable Energy said. For smaller roof top systems, it is expected that PPAs for 90 MW out of the 100 MW be signed, the official told Business Line. More - http://www.thehindubusinessline.com/2010/05/11/stories/2010051153030400.htm
FICCI calls for level playing field for Indian industry in National Solar Mission - Leading Indian companies in the field of solar power including manufacturers of photovoltaic (PV) cells and modules, systems integrators and power project developers, under the aegis of the newly-constituted FICCI Solar Energy Task Force, have met top government functionaries in the capital over the last few days to express their concerns over the implementation plans being finalised for the Jawaharlal Nehru National Solar Mission (JNNSM). More - http://www.orissadiary.com/ShowBussinessNews.asp?id=18473
Wipro teams with SAP to develop and deliver sustainability solutions - Companies sign co-innovation agreement; collaborate on sustainability performance management and energy management solutions that will empower customers to measure, understand and reduce their carbon footprint - More - http://www.marketwatch.com/story/wipro-teams-with-sap-to-develop-and-deliver-sustainability-solutions-2010-05-14?reflink=MW_news_stmp
Have You Joined the Global Renewable Energy Network?
If you are interested in solar, wind, biofuels, geothermal, wave, tidal energy or any other clean technology, then CleanTick is for you!
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TCS, Bharti, Suzlon among world's most sustainable firms - Tata Consultancy Services, telecom major Bharti Airtel and wind-turbine maker, Suzlon are among the global firms having high sustainable development standards, a report by leading Swiss lender, Bank Sarasin has detailed. More - http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/TCS-Bharti-Suzlon-among-worlds-most-sustainable-firms-Report/articleshow/5936740.cms
Tele towers face switch to solar power for back-ups - The government may ask telecom companies to install solar panels to generate backup power for cellphone towers, a move that could hurt the sector already troubled by a squeeze in margins. A proposal being finalised by the ministry of new and renewable energy (MNRE) is aimed at containing the use of polluting diesel gensets to provide back-up power. The move could increase the cost of network expansion significantly. More - http://economictimes.indiatimes.com/news/news-by-industry/telecom/Tele-towers-face-switch-to-solar-power-for-back-ups/articleshow/5938457.cms
India solar PV modules to hit 1250 MW capacity - The capacities of photovoltaic (PV) cells and modules in India are estimated to cross 750 MW and 1250 MW respectively by the end of year 2010 as per a recent report Solar PV Industry 2010: Contemporary Scenario and Emerging Trends'released by India Semiconductor Association (ISA). More - http://www.eetindia.co.in/ART_8800606445_1800007_NT_482d2e5e.HTM
OVL, IOC, OIL to invest $2.18 billion in Venezuelan oil project - ONGC Videsh Ltd (OVL), Indian Oil Corporation (IOC) and Oil India Ltd (OIL) will invest $2.18 billion in a $15-20-billion Venezuelan project, expected to produce 3.6 million tonnes crude oil annually. This is India’s second-biggest overseas energy investment, after Sakhalin ($2.77 billion) and Imperial ($2.1 billion). More - http://www.business-standard.com/india/news/ovl-ioc-oil-to-invest-218-bn-in-venezuelan-oil-project/394897/
India's greenhouse gas emissions rise by 58% - India's greenhouse gas emissions rose by 58 per cent between 1994 and 2007 with the energy sector contributing over half of the emissions, a new government report said. But India's emissions per unit national wealth (or gross domestic product), a measure of GHG intensity, declined by 30 per cent during this period, the report showed. More - http://www.guardian.co.uk/environment/2010/may/12/india-greenhouse-gas-emissions-rise
Conergy deploys 3 MW solar PV power plant in India - Conergy AG has erected a 3 MW solar photovoltaic (PV) power plant in Karnataka. Conergy erected the solar PV plant for the local utility KPCL, and the 13,000 solar modules covering 17.3 acres, produce 4 GWh for the local grid. More - http://www.renewableenergyfocus.com/view/8897/conergy-deploys-3-mw-solar-pv-power-plant-in-india/
Off-grid Solar Power Providers To Get Subsidy - The Ministry of New and Renewable Energy (MNRE) is likely to offer a 30 per cent subsidy to off-grid solar power in May 2010. The new scheme will offer major benefits to Indian telecom tower companies that convert cellphone towers from being powered by diesel generators to solar power. More - http://www.efytimes.com/e1/fullnews.asp?edid=45183
Market Entry Strategy for Indian Renewable Energy Industry
Is your company keen on exploring the fast-growing renewable energy industry in India? Are you looking for expertise to evolve a comprehensive entry strategy for this industry? You should be talking to the EAI Consulting Team. More from here - http://www.eai.in/ref/services/ime_consulting.html