Renewable Energy

Interview: Shaping investment in small-scale decentralized renewable energy projects

Sustainability Outlook spoke to Andrew Affleck, Managing Partner of Armstrong Asset Management

Solar heating systems a non-starter, despite stiff penalties

To promote the use solar energy in the state Rajasthan government has issued orders to use the solar water heating system in the certain categories of buildings. Despite the mandatory provision with strict penalties there are hardly any takers for it, flouting the rules blatantly.

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Renewable Energy’s Funding to Be Doubled by Indian State Lender

Power Finance Corp., India’s largest state-run lender to electricity utilities, plans to more than double lending for renewable energy projects within a year as coal-fired plants become riskier investments.

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India to defend local-buy policy in solar mission as US, EU protest

India is readying to defend its policy requiring companies to source local content for the national solar mission project, a rule that has triggered protests from the US and the EU. 

The commerce department is talking to the ministry of new and renewable energy on how to argue its case should the dispute reach the World Trade Organisation. The ministry is responsible for executing the Jawahar Lal Nehru National Solar Mission, which was launched in 2010 to promote use of solar energy. 

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NTPC in favour of penalty on Coal India for not meeting supply commitments

NTPC Ltd, India's top power producer, is in favour of imposing penalty on state-run Coal India Ltd for not meeting supply commitments, NTPC Chairman Arup Roy Choudhury said. 

State-run NTPC would also like the government to set up a coal regulator to ensure the world's top coal producer is meeting its supply commitments, he said. 

Coal accounts for more than half of power generation in the country. Despite India having 10 percent of the world's coal reserves, Coal India, which has a near monopoly in coal mining, is struggling to meet its production target.

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