DCNS is eyeing to cash in on marine renewable energy in India. A global leader in naval defence and ship building, the nearly 400-year-old French company is currently building six Scorpene submarines in a multi-million dollar contract for the Indian Navy. It has built expertise in maritime renewable energy – tidal, wave, ocean thermal, wind [...]
Sector: Renewable Energy
ADB to extend finance facility to Rajasthan
Asian Development Bank (ADB) is planning to provide a multi-tranche financing facility to the Government of Rajasthan under the Rajasthan Renewable Energy Transmission Investment Program which envisages development of renewable energy sources in Rajasthan. According to reports, the project will support evacuation of power from Western Rajasthan including the facilities coming up at the 250 [...]
Renewable power sector on rapid growth path
Even though economic uncertainties play spoil sport in many countries, renewable power generation is expected to continue its rapid growth over the next five years. This is predicted in a new report from the International Energy Agency (IEA) that acknowledges the coming-of-age of the renewable energy sector. The new study – ‘Medium-Term Renewable Energy Market [...]
UN body registers India’s programme
United Nations Framework Convention for Climate Change (UNFCCC), under its Clean Development Mechanism (CDM), has registered India’s first Programme of Activities (PoA) for grid connected solar power projects. The PoA launched by SENES Consultants has received its registration in March 2012 and the first bundled project under the PoA consists of 13 solar projects having [...]
Power from moving vehicles
Kinergy Power produces electricity at a faction of cost of traditional energy sources, emits no pollutants, generates no hazardous waste, burns no fuel, harvests energy regardless of the weather, uses no water and patented process, said director of Kinergy Power, Stefanos Horianopoulos. He was speaking to reporters at a press meet held at Aalim Muhammed [...]
Indian Railways to produce 300 KW locomotive
Indian Railways is planning to manufacture a 300 KW fuel cell based hybrid locomotive. The Railways R&D arm, Research Designs and Standards Organisation (RDSO), has disclosed this in a recent invitation seeking expression of interest for development of design & supply of fuel cell/battery based 300kW hybrid locomotive equipped with power module, hydrogen storage, power [...]
Energy storage innvoation must: Study
Energy storage innovation will be essential to the advancement of solar power generation, a new study from UK-based GlobaData has revealed. At the same time, the study also found that there is little renewable energy storage innovation and few firms focusing on it. “Currently, there are no effective storage systems for megawatt scale solar power [...]
Mini power units to be set up by SPEED
A initiative to provide clean energy was announced jointly by Rockefeller Foundation, Confederation of Indian Industry (CII) and GP Energy. Besides providing clean energy, the initiative wil reduce dependence on fossil fuels by exploring possibilities of creating a sustainable private power generated grid. The initiative called SPEED (smart power for environmentally sound economic development) will [...]
How to increase clean energy?
Only a few clean energy technologies are currently on track to meet 2DS objectives, according to IEA. IEA has recommended the following measures to overcome existing barriers and achieve much needed momentum: Level the playing field for clean energy technologies, Price energy appropriately and encourage investment in clean energy technology, Develop policies to address energy [...]
IEA sees power demands at historic high
The International Energy Agency (IEA), in its latest report, has said energy demands continue to rise across the world and CO2 emissions are at a historic high. The IEA has seen this rise in carbon emission as a serious threat and has called for the adoption of clean technologies to enable the “accelerated transition towards [...]