Daily Archive: June 7, 2017

Cabinet approves plan for IREDA to go public

The cabinet approved a plan on Wednesday to publicly list state-owned Indian Renewable Energy Development Agency (IREDA) to fund its ambitious renewable energy development programmes. India, one of the world’s largest greenhouse gas emitters,...

Solar energy boom turns to bust for Indian manufacturers

Some of India’s biggest solar equipment makers are facing financial collapse, priced out by Chinese competitors as Prime Minister Narendra Modi’s government prioritizes cheap power over local manufacturing despite his ‘Make in India’ push....

Eastspring to invest in Continuum Wind Energy unit

Eastspring Investments, the Asian asset management arm of Prudential Plc, has agreed to invest in a subsidiary of Morgan Stanley-backed Continuum Wind Energy Ltd, as it seeks more opportunities for such investments across Asia....

Heat wave causing power supply faults: PVVNL

NOIDA: With temperatures hovering between 48 degrees Celsius a couple of days ago to 43 degrees Celsius on Tuesday, residents across the city complained of intermittent power cuts and low voltage on Tuesday. Meanwhile,...

Nuclear power: Expensive, hazardous and inequitable

By all accounts, nuclear power has had a bad year. In March, Westinghouse, the largest historic builder of nuclear power plants in the world, declared bankruptcy, creating a major financial crisis for its parent company,...