US Wants India to Relax Trade Restrictions in its Solar Energy Sector

solar-india

US Commerce Secretary Gary Locke has expressed ‘great concern’ regarding India’s solar energy policies which restrict the amount of imported solar panels and other equipment. India launched the National Solar Mission which aims to install 20,000 MW of power generation capacity by 2022. This would be achieved in three phases. During the first phase (till [...]

250 MW Tidal Power Plant to come up in India

Atlantis AK1000 Wave Energy Largest Tidal Turbine

The Indian state of Gujarat has cleared plans for the installation of India’s first commercial tidal power plant. The proposal to build a tidal power plant with an initial capacity of 50 MW was made by London-based marine energy developer Atlantis Resources Corporation. The company has signed a MoU with the government of Gujarat to set [...]

German, Japanese Banks to Offer $630 Million in Renewable Energy Loans to India

solar-india

The Indian Renewable Energy Development Agency (IREDA) will soon enter agreements with banks in Germany and Japan to access over $630 million to be used for the promotion of renewable energy projects in India. IREDA is one of the nodal agencies that provides monetary help for setting up of renewable energy infrastructure in India. It was [...]

1 GW Green Energy Storage Facility in Mexico Could Open Power Trading Opportunities with US

Large Power-Storage Battery

Mexico is building a green energy storage facility with a capacity of 1000 MW at Mexicali, Baja California. The project will be carried out by Rubenius, a Dubai-based alternate energy and smart gird solutions provider. The facility would require an investment of $4 billion and is expected become operational in five to seven years. During [...]

Geothermal Energy Gathers Steam in India

geothermalgenie

Geothermal energy is getting popular among the Indian energy companies and government policymakers. The Ministry of New and Renewable Energy had commissioned a research, development and demonstration program involving geothermal energy. The program aimed at locating the potential geothermal energy exploration sites in several states across the country. The program covered states like Jammu & [...]

India Provided $10 Million for Rural Solar Energy Projects in 2010

Solar lantern

The Indian government recently provided subsidies worth $10 million for projects aimed at promoting the use of solar energy in rural areas. The subsidies went to projects which distributed solar lanterns and installed solar home-lighting systems in villages across the country. In a statement released by the Ministry of New and Renewable Energy, the government [...]

Scotland on Track to Meet the ‘World’s Most Ambitious’ Renewable Energy Targets

Middelgruden Offshore Wind Farm in Denmark

According to a recently released report, Scotland is on track to meet its ambitious renewable energy goal of generating 80 percent of its electricity from renewable energy sources by 2020. In the report, Energy Trends, it was revealed that 27 percent of the electricity in 2009 was generated using renewable energy sources. The Scottish government [...]

Chinese Renewable Energy Companies Advised to Increase Investments in the US

US China Flags

During the recent China-US Renewable Energy Investment Forum, a senior official of China’s National Energy Administration (NEA) advised the local renewable energy firms to think global and increase their investments in the American renewable energy sector. The official encouraged the companies to take steps to increase their competitiveness by expanding their operations in other countries, especially the United States. [...]