Year: 2010
Europe to invest in Massive Solar Power Plants in India
Mridul Chadha Student, Environmental Engineer, Writer in Clean Energy, Solar Energy The Asian Development Bank has roped in the European Investment Bank to invest in large-scale solar power plants in India. The ADB is committed to arrange finances for India’s ambitious National Solar Mission projects. The Asian Development Bank has been working closely with many Asian countries to provide them financial, technical and policy-related support for expanding solar energy infrastructure. The ADB is playing an active role in India to make solar energy more popular. In addition to the European…
Read More50 countries to meet on climate change
9 Nov, 2010, 03.43AM IST,PTI NEW DELHI: Ahead of the UN climate change meet in Cancun, representatives including ministers from over 50 nations will gather here for a two-day conference beginning tomorrow to deliberate on mechanisms to ensure clean technologies to mitigate impacts of global warming . The “informal ministerial dialogue on Climate Change: Technology Mechanism” will be held in collaboration with Mexico which is host to the global UN climate summit and the UN Department of Economic and Social Affairs (UNDESA). The meet would discuss and seek a consensus…
Read More$175-m worth deals on clean energy signed
Source: The Hindu NEW DELHI, November 9, 2010 Special Correspondent Even as India and the U.S. on Monday inked an agreement to establish a bilateral energy cooperation programme to promote clean and energy-efficient businesses, Indian and U.S. companies inked joint venture deals worth $175 million in the renewable energy sector. According to the Assistant Secretary of Commerce and Director General for the Foreign Commercial Service at the U.S. Department of Commerce, Suresh Kumar, the partnership between the two countries in the renewable energy sector was all set to take a…
Read MoreEnergy sector needs structural reforms: Mukherjee
3 Nov, 2010, 11.13PM IST,IANS NEW DELHI: Structural reforms are needed to make the energy sector vibrant and investor-friendly, Finance Minister Pranab Mukherjee said on Wednesday. “While the government is adopting a number of fiscal incentives to attract investments, including in the vital energy sector, there are structural reforms required in the energy industry, to utilize those incentives,” Mukherjee said at the ninth Petrotech International Oil and Gas conference here. Expressing confidence that India would soon turn to double-digit growth path, Mukherjee said contribution of the energy sector was vital…
Read MoreC.E.O’s Diwali Message
3 November 2010 Dear friends: It is my immense pleasure to wish you on this joyous occasion of Diwali 2010. I hope and pray to the almighty that this Diwali may shower you abundant blessings and may the festival of lights add more color to your lives, both professionally and personally. I also take this opportunity express my heartfelt gratitude and sincere thanks for your continuous support throughout our business journey. I assure you that Ulaginoli Energy Solutions will continue to be the best place to work, will offer you…
Read MoreGlobal wind capacity to reach close to 200 GW this year
Source: GWEC Husum, 23 September 2010. With around 40 GW of new capacity added this year alone, the world’s installed wind power capacity is expected to reach close to 200 GW by the end of 2010. These were the figures presented by Steve Sawyer, Secretary General of the Global Wind Energy Council, at a press conference during the Husum WindEnergy fair, of which GWEC is the international partner. “We do expect the US market to be down this year as the low level of orders we saw during the financial…
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