India

India to double renewable energy capacity

Prime Minister Manmohan Singh expects this capacity to hit 55,000 MW by 2017.

India turns to Germany for advanced RE technology

Needs technology for grid integration of renewable energy and rooftop solar panels in urban areas.

India and Finland to explore solar energy applications

Will focus on solar technology for oil and gas projects.

India’s power sector reeling under fuel resource crunch

Energy is pivotal to the growth of a country’s economy. India’s robust and sustained growth has resulted in strong demand for clean and economical energy resources.

Will amendments to bid norms jeopardazie private sector power investment in India

India is the fourth largest electricity network in the world with a gross generation capacity of 211 GW. The country which is growing at an average GDP growth rate of 6% plans to add 88,000 MW by the end of the current five-year plan (2012-2017).

Suzlon Energy raises US$647 million to repay loans

Bonds used are backed by the State Bank of India.

India to be self-reliant in crude oil production by 2030

Government sets a goal of slashing crude oil imports by half by 2020.

Funding for India’s waste-to-energy sector

Obtaining a Power Purchase Agreement (“PPA”) with a highly rated, financially strong electric utility is one of the key success factors for the financing of a growing pipeline of waste-to-energy (“WTE”) plants across India.

India’s largest solar power plant switched on

Project at Rajasthan has a capacity of 50 megawatts.

Indian short-term power contracts to surge

Onset of summer and new restrictions by electricity regulator to blame.

Agra to become India’s first solar city

But the main purpose of this RE project will be to save the famous Taj Mahal. India’s Ministry of New and Renewable Energy has announced that Agra, home to the Taj Mahal, will be the country’s first solar city.

Welspun Energy finishes funding huge Indian solar project

Obtains US$161 million financing for India’s largest solar farm.

Panasonic to launch RE products in India by 2014

Japanese electronics giant to market solar panels and fuel cells, among others.

India provides US$145 million incentive for wind energy

Funding expected to re-ignite growth in moribund sector.