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India to Spend Over 1 Lakh Crore on RE by 2012

September 15, 2009 by Team EAI

India is likely to spend over Rs 1 lakh crore on setting up of power plants based on renewable energy sources by the end of 2011-12, according to Devasis Majumdar, chairman and managing director of Indian Renewable Energy Development Agency (IREDA). “As per the target of the 11th Five Year...
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Despite Barmer Find, India Hungry for Foreign Oil

September 15, 2009 by Team EAI

Aug 30, 2009 India’s biggest oil find in decades is now on stream but the country, with its rapidly growing economy, will still be one of the hungriest consumers of foreign crude, analysts say. Cairn surprised the world in 2004 with the discovery of the Barmer field in an area...
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Gujarat Tops Solar Investment with $2.4 Billion Investment

September 15, 2009 by Team EAI

The Gujarat government has approved 34 solar power projects at an investment of Rs.12,000 crore (Rs.120 billion/$2.4 billion) over the next few years, to rank it the top Indian state for this clean energy, a senior official has said. “The projects will add 716 MW to our state electricity grid....
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Energy Conservation in Tea Industry Stressed at Upasi

September 15, 2009 by Team EAI

14 Sep 2009 The Kolkata-based Tea Board has initiated methods to reduce manufacturing cost and thereby increase productivity to ensure that key segments of the business like processing remain profitable even in a down-turn. The need to focus on productivity improvement was stressed at the 116th annual conference of the...
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China’s ET Solar Supplies to a 1 MW Indian Solar PV Project

September 15, 2009 by Team EAI

ET SsLar, a Nanjing-based integrated manufacturer of photovoltaic (“PV”) products (ingot, wafer, modules and tracking systems) and system integrator announced a 1 MW high efficiency module supply transaction to a large system integrator for an Indian project. The project, developed by a commercial and utility solar project developer in India,...
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Venture Fund for Green Technologies in India

September 15, 2009 by Team EAI

The Indian government is all set to launch a venture fund to encourage green technology research.The size of the fund and other specifics will be determined by the National Mission on Strategic Knowledge for Climate Change (NMSKCC). The government has decided to link all academic institutions that work on climate...
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Cameco of Canada Eyeing Indian Uranium Market

September 15, 2009 by Team EAI

Cameco Corporation, the world’s second-largest producer of uranium after Rio Tinto, is setting up shop in India. The Canadian firm — the world’s largest publicly traded uranium company which accounted for 15 per cent of global production last year — plans to open a marketing office in Hyderabad on October...
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Deeya Energy, Jain Irrigation in Global Cleantech 100

September 15, 2009 by Team EAI

Representing a challenge for Indian industry as global warming threats rises, three Indian firms have figured in Global Cleantech 100 – the first ever list highlighting the most promising private firms around the world offering solutions to some of the planet’s most pressing environmental challenges. Significantly, an overwhelming percentage –...
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Solar Semiconductor to Raise Money, Expand

September 15, 2009 by Team EAI

Solar Semiconductor, a Hyderabad-based photovoltaic (PV) modules manufacturer, plans to raise $30 million by the end of this year. The company will preferably go for private equity and venture capital to raise the proposed amount, informed a top company executive. The money will be deployed mostly in acquiring firms in...
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Zebasolar Gets approval for 36 MW thin-film PV plant in India

September 15, 2009 by Team EAI

Days after being awarded a 10 MW PV solar plant in the State Of Gujarat, Zebasolar Private Limited India has obtained a approval from CREDA, the Chattisgarh Renewable Energy Agency, to build a 36 MW thin-film PV manufacturing plant in the capital city of Raipur. Zebasolar intends to build the...
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