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Energy Trading Poised to Touch New Peak
Even though short term trading of energy is not very old practice in India, it has grown many folds in less than five years. Going ahead, the energy trade market can achieve a very healthy growth if country is able to short out transmission constraints. The country has plans to set up regional exchanges and it plans to set up trading platforms that can also facilitate trade with neighbouring countries. India has already initiated action to explore options of energy trade with Bangladesh, Bhuta...
Pradeep Pandey, Rapid Infrastructure Growth, Economic Growth, Indian Energy Exchange, Power Exchange India Ltd, Rajesh K Mediratta, Venkat Chary, Central Electricity Regulatory Commission, Renewable Energy Certificate

Transmission Constraints Hit Power Trading at Power Exchanges
Trade of energy at Indian Energy Exchange (IEX) has grown manifold in the past four years but going ahead states have to ease the provisions of open access to boost power trading on one hand and the availability of transmission capacity on the other. Transparent and healthy competition coupled with ease of doing transactions on energy exchange is a lucrative counter for buyers and sellers both, avers Rajesh K Mediratta, Director Business Development, IEX, in an interaction with Pradeep Pand...
Indian Energy Exchange, Rajesh K Mediratta, Pradeep Pandey, National Grid, Punjab, Haryana, Rajasthan, Alan Duhangan, Adani, Jindal Power, Maharashtra, Renewable Energy Certificates, Pramod Deo

Astonfield's Ameet Shah to represent at US Agency
Astonfield Renewables co-chairman Ameet Shah will represent project developers at the US Department of Commerce Renewable Energy and Energy Efficiency Advisory Committee (RE&EEAC). Acting US Secretary of commerce, Rebecca M Blank has appointed Shah to represent project developers in the renewable energy sector. Shah will help advice the Department's top official on competitiveness issues facing U.S....
Astonfield Renewables, Ameet Shah, Renewable Energy

Aeon to invest Rs 250 cr in solar power plants in TN
Madurai-based Appu Chain of Restaurants group's Aeon Renewable Energy plans to invest about Rs 250 crore as part of its strategy to become a major player in the solar power industry. The company aims to attain leadership position in the domestic household market by setting up a solar power plant in Tamil Nadu with an investment of Rs 250 crore in a phased manner, R Chandrasekaran, Chairman, Aeon Renewable Energy said....
Madurai-Based, Appu Chain Of Restaurants, Aeon Renewable Energy, R Chandrasekaran, Aeon Renewable Energy

Coordinated effort key to meet renewables target: Report
The Climate Parliament has said that there is an urgent need for co-ordination among the key government bodies for implementation of the renewable energy targets. The Climate Parliament said this in its report on ‘Review of India’s progress in achieving the National Action Plan on Climate Change (NAPCC) target of 15 per cent renewable energy by 2020.’...
Climate Parliament, Co-Ordination, Government Bodies, Renewable Energy Targets, National Action Plan On Climate Change

Govt to provide VGF for solar projects
In order to support the renewable energy sector, government plans to provide viability gap funding (VGF) for solar power projects in the second phase of the national solar mission. Reports suggest that the union renewable energy ministry decided to provide VGF for 2,500 mw of solar proje...
Viability Gap Funding, VGF, Solar Power, Projects, Finance, Investment, Renewable Energy, Solar Mission

FM urged to bring budgetary steps for renewables
Union Finance Minister P Chidambaram has been urged to incorporate a series of financial measures for renewable energy in the Budget 2013-14, so that the targets set in the National Action Plan of Climate Change (NAPCC) and in the draft 12 Plan document, presented recently to the National Development Council, are met fully. In a pre-budget exercise, the Climate Parliament group of Members of Parliament has asked so the Finance Minister....
P Chidambaram, Financial Measures, Renewable Energy, Budget 2013-14, National Development Council, Climate Parliament Group Of Members Of Parliament

Manipur govt to set up 3,340 more solar heaters
Under the Central government's Jawaharlal Nehru National Solar Mission, Manipur Renewable Energy Development Agency (Manireda) has installed around 750 solar water heater systems in the state....
Central Government, Jawaharlal Nehru National Solar Mission, Manipur Renewable Energy Development Agency

Aeon to enter solar power segment with 25 mw project
Aeon Renewable Energy Solution, the solar energy venture of Madurai Appu Chain of Restaurants, announced its plans to set up solar power plants in Pudukkottai and Virudhunagar (Tamil Nadu) with a total capacity of 25 mw....
Aeon Renewable Energy Solution, Madurai Appu Chain Of Restaurants, Pudukkottai, Virudhunagar, Tamil Nadu

Aeon Renewable Energy to invest Rs 250 cr in 3 yrs
Chennai-based Aeon Renewable Energy Solution is to invest Rs 250 crore over the next three years on setting up 25 megawatt (mw) of solar power generation capacity in Tamil Nadu. The company is planning to establish its presence in the retail solar power generation solutions for domestic and industry for captive use....
Chennai-Based, Aeon Renewable Energy Solution, Invest, R Chandrasekaran

Govt may award 3,600 mw solar projects in 2 yrs
Media reports suggest that around 3,600 mw of solar power projects would be awarded by the union government in the next two years to project developers. This includes the proposed award of 1,650 mw solar projects in 2013-14 under the Phase II of the Jawaharlal Nehru National Sol...
Jawaharlal Nehru National Solar Mission, Investment, Renewable Energy, Auction, Bid, Tariff, Cost, Project

Manipur's capital, district centres to get solar streetlights
Manipur Renewable Energy Development agency (Manireda) is now turning its focus on illuminating district headquarters and main streets of the capital city, Imphal after successfully covered 200 villages with over 10,000 solar streetlights....
Manipur Renewable Energy Development Agency, Illuminating, District Headquarters, Imphal, Solar Streetlights

IRENA unveils roadmap to double renewables by 2030
According to a new global roadmap launched at the International Renewable Energy Agency (IRENA) Assembly in Abu Dhabi, international efforts are going to double the share of renewable energy by 2030. But efforts are needed to accelerate substantially if they are to be successful, IRENA said....
New Global Roadmap, International Renewable Energy Agency (IRENA) Assembly, Abu Dhabi

High cost reduces popularity of solar power in Haryana
Owing to the high cost of solar power, renewable energy has not gained popularity in Haryana and because of this, the state government could not attain the target of generating 500 mw power from this source, reports suggest. As against the target of generating 500 mw from renewable energy sources by the end of 2012, the state could achieve just over...
Haryana, Solar Energy, Power, Project, Generation, Power Cost, Renewable Energy, Subsidy

30k delegates to attend world future energy meet
The three-day sixth World Future Energy Summit (WFES), which opens in Abu Dhabi on January 15, looms as one of the most important renewable energy gatherings in recent times....
Sixth World Future Energy Summit, Abu Dhabi, Renewable Energy Gatherings

Su-Kam plans to make renewable energy inverters
Inverter maker Su-Kam is now planning to tap the renewable energy market. The company, after tasting success with its power back up devices, is looking at launching solar-powered, wind powered inverters and storage devices for domestic customers, and have planned investments to the tune of Rs 300 crore for the same....
Inverter Maker, Su-Kam, Renewable Energy, Solar-Powered, Wind Powered Inverters

China to become member of IRENA
China will join the International Renewable Energy Agency (IRENA), a milestone in international efforts to double the share of renewable energy worldwide by 2030. The accession of China – a world leader in technology manufacturing and the use of wind, solar and hydropower – marks a major step toward universal membership for the Agency, which currently has 160 participating states....
China, International Renewable Energy Agency, IRENA

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