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Allianz SE plans to invest in renewable projects in India and China as it seeks to expand its overall clean energy portfolio by more than a billion euros ($1.5 billion) over the next three years, a company executive said. “That’s where we’re having clear investment interest,” said Sandhovel, adding that...

Suzlon Energy, has shifted most of its management operations back to its headquarters in Pune. Two years earlier, it had set up a Group Management Centre in Amsterdam, Netherlands, to run its global business, spanning 21 countries. Instead, Suzlon will soon inaugurate a new campus in Pune with a ‘world...

The concept: Vertically integrated solar energy initiative for generation and delivery of 1 MW power, 8 hours a day. This is a PAN-IIT initiative for solar energy research. Is ambitious, but looks quite interesting. Download the PDF from here In case you are interested in knowing how to tap solar...

Highlighting the role of green buildings in reducing energy consumption as well as awareness among architects, Ajay Mathur, director general of Bureau of Energy Efficiency, Ministry of Power said that regulations alone will not boost the concept. Talking about green buildings at ‘Nirman 2009’, a construction confluence organised by Gujarat...

Visiting US Energy Secretary Steven and Indian Union Power Minister Sushilkumar Shinde agreed at a recent meeting that joint development of new technologies in the field of energy would be of mutual interest. They identified clean coal technologies, smart grids and energy efficiency as fields for mutual cooperation and development....

The Centre has agreed to sanction solar home lighting systems to below poverty line (BPL) households in about five thousand (5,000) remote and inaccessible villages of Assam not connected by conventional power grid. Most of these villages are located in riverine, popularly known as ‘char’ areas. Official sources said the...

Siemens plans to expand its green energy portfolio to enable Euros 25 billion (approximately Rs 1,74,339 crore) savings globally by 2011, with significant carbon dioxide (CO2) reduction from its products and processes in key markets, including India. Siemens’ Environmental Portfolio spans sectors such as industry, energy and healthcare. The company’s...

Flexibility to use in off-grid areas, and potential to carry equipment higher than a cell tower attracts telcos to high altitude wind solution Several telcos in India are now experimenting with multiple sources like solar, wind, gobar gas energy, and biofuel from molasses. Some equipment vendors are charting comprehensive programs...

Logistics and transport major VRL Logistics Ltd (VRL) is looking at exiting its 42.5 MW wind power venture at Mundargi in Gadag district of Karnataka, because of delayed receivables from the sale of power as well as its high operational costs. The Hubli-based company had forayed into the wind energy...

Moser Baer Photovoltaic, an arm of Moser Baer India, is planning to invest $5 billion over the next 10 years to expand its solar photovoltaic manufacturing facilities in Chennai and Hyderabad. Last year, Moser Baer Photovoltaic raised more than Rs. 400 crore from a clutch of global private equity investors...