India’s Western state of Gujarat is one of the most developed regions in the country and has shown tremendous economic growth over the past decade.The state has been growing at a scorching pace under stable and supportive governments for the past several years.This state is home to Reliance Industries massive petrochemical complex and Tatas have […]
ABB recently came up with an open offer to increase its stake in the Indian subsidiary from 52% to 75% offering Rs 900/share which was a substantial premium to the then stock price.ABB’s stock had been floundering after poor Q1 2010 results and it was a good time for the parent to increase its stake.India […]
Renewable Energy Certificate (REC) are one of the popular subsidy measures used by government around the world to promote Green Energy.However the market pricing of these certificates leads to uncertainty which can deter private capital from investing in projects which depend on REC prices.Periods of oversupply are common in any market and RECs are no […]
Green Energy has increasingly become mainstream rather than a niche category supported by some environmental activists and hippies.This is proved by the fact that almost half of the Energy Capacity installed in 2009 in the developed world came from Renewable Energy Sources.According to a REN21 report, Europe and US saw more Renewable Energy installations in […]
European Power Utilities are increasingly looking towards private capital in order to fund their renewable energy projects.The European Union has a target of generating 20% of its energy from renewable energy sources by 2020.With most of the European countries facing budgetary and fiscal problems,Electricity utilities in Europe need to look for other sources of fund […]
Germany’s EEG program instrumental in bringing Solar Energy Close to Grid Parity Germany has been the poster child for Feed in Tariff success in promoting renewable energy.Germany Renewable Energy Law which was passed in 2004 led to a massive growth in solar and wind energy making the country a global leader in Green Technology.German Renewable […]