Monthly Archive: August 2012

CAG pulls up hyrdo-power PSUs for project delays

The functioning of state-run power companies has come under strong criticism from the Comptroller and Auditor General (CAG). The CAG has faulted NHPC, THDC, SJVN and NEEPCO for poor implementation of their hydro power...

Solar grid parity by 2017, says ministry

Power produced by solar plants will be sold at the same price as that from conventional sources like coal by 2017, a power ministry official said Thursday. “Solar power is very close to achieving...

Solar energy sector gaining momentum in Karnataka

The solar power sector is gaining momentum in Karnataka ever since the government introduced a solar energy policy (2011-16). The government has recently concluded a bid process, in which 80 Mw (60 Mw for...

UP Power Corp electrocuted by Rs 43,000-cr loss

Uttar Pradesh Power Corporation Limited (UPPCL), the state-run power utility, has run accumulated losses of almost Rs 43,000 crore. The losses, which stood at Rs 151 crore at the end of March 2000, stood...

South Korea’s Hanwha buys insolvent German Q-Cells

Germany’s insolvent Q-Cells solar company will be taken over by the South Korean conglomerate Hanwha. The group has promised to make huge investments and save jobs in an economically depressed region. Q-Cells of Germany,...

India May Auction 1 Gigawatt to Double Solar Capacity

India may auction a third of the solar projects planned by 2017 in the current financial year to double the nation’s sun-powered capacity as it seeks additional clean-energy investments to combat power shortages. Of...

50% by PV in 2050 a reality?

The total installed PV capacity in the world at the end of 2011 was 70GW as per REN21. The latest report from IMS Research show that about 31 GW new capacity will be added...

Renewable energy can save Telcos money

New Delhi:Telecom companies can save up to Rs 80,000 crore over the next eight years by replacing diesel with a renewable energy source to power towers, says a report released by NGO Greenpeace on...

Germany’s new “renewable” energy policy

It is amazing how biased the international media is when it comes to reporting on energy generation, specifically electricity. In mid-August, Germany opened a new 2200MW coal-fired power station near Cologne, and virtually not...