India has started a Renewable Energy Certificate (REC) Scheme recently to boost the share of Clean Energy Sources in India’s Electricity Mix.India’s Electricity Regulator (CERC) has come out with a notification making it mandatory for Electricity Utilities to buy 6% of their requirements from Green Energy Sources.However the REC Scheme still faces teething problems in [...]
20 GW of Capacity is expected to be built by 2010 end in China up from around 10 GW in 2009.Fierce Competition in the Wind Turbine Market has led to increasing distress for smaller players.Sinovel the biggest Wind Turbine maker which sold 3.5 GW in 2009 has been using price as a weapon to drive away competitors.These Companies are now trying to expand internationally.Korean Companies like Samsung,Hyundai are investing heavily in the Wind Sector and are on track to become formidable competitors in a few years.Suzlon’s Chinese Dreams looks difficult to implement in reality.
India’s most industrialized and fast growing states like Gujarat,Tamil Nadu,Maharashtra have been the most aggressive in Green Energy as well.Gujarat has attracted huge interest in Solar Energy through strong support by the government.Tamil Nadu and Maharashtra account for almost 70% of India’s 8-9 GW Wind Energy capacity.However economically backward states like Orissa,Bihar,Uttar Pradesh remain laggards in this respect as well.Orissa seems a classic case where the general economic lethargy extends to the Renewable Energy Sector as well.
India’s Ministry of New and Renewable Energy (MNRE) has been criticized by a parliamentary committee for missing out several targets on renewable energy installations and cost overruns.The Ministry has several government funded schemes under its ambit like providing power to India’s unelectrified villages.The Ministry has failed to meet even 50% of its target to provide [...]
Siemens is one of the largest conglomerates in the world with a huge Green Division.This German Giant is present in almost all sectors of the upcoming Green Industry.Siemens is a Top 10 World Supplier of Wind Turbines and has recently upped its investment into Solar Thermal Technology through the acquisition of pioneering CSP company Soleil [...]
The Indian Electricity Regulator has reduced the Renewable Energy Plant Size for Grid Connection to 50 MW.This has been done after State Electricity Boards were not connecting Green Plants to the Grid due to the CERC rules.However even at 50 MW the rule does not make much sense.All the countries in the world are promoting [...]