Water and Energy International | Year: 2014
Hydro power projects have been the second largest contributor of energy. This source of green energy generation is relegated in priority and many hydro projects are stuck in long and unending process of sanctions and approvals. Whatever be the reasons, we see huge shortfall from targets in our five year plans towards development of hydro projects which are languishing and there is little or in some cases no progress at all. After the recent Uttarakhand floods, the Dams and Hydro Power projects are blamed unequivocally. In this paper, the probable causes of recent Uttarakhand Disaster and the role of Hydro Power in India as a sustainable development and how the large dams have become the savior for the Indian population has been discussed. © 2015, Central Board of Irrigation and Power. All rights reserved.
News Article | January 7, 2016
With rapidly increasing interest in the solar power development market in India, companies are now looking to expand the solar cell and module manufacturing capabilities too. RenewSys India has announced that it placed an order with European companies to set up 100 MW of solar cell production in Hyderabad, India. The new production line will add to the company’s existing 30 MW capacity. The company also announced that it plans another order of 100 MW in the third quarter of 2016 and fosters plans to have an annual production capacity of 500 MW. The company will also increase the 80 MW production line for solar modules, also located in Hyderabad. The Indian government plans to have an operational solar power capacity of 100 GW by April 2022. While the majority of this capacity is expected to use low-cost imported solar modules, a significant amount of capacity will have to be set up using solar cells and modules assembled in India. Projects to be commissioned under the Domestic Content Requirement will be set up with government-owned companies and entities like the Indian Railways, Indian Armed Forces, NTPC Limited, and NHPC Limited, among others. Get CleanTechnica’s 1st (completely free) electric car report → “Electric Cars: What Early Adopters & First Followers Want.” Come attend CleanTechnica’s 1st “Cleantech Revolution Tour” event → in Berlin, Germany, April 9–10. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | November 9, 2015
India’s Power Ministry recommends National Hydroelectric Power Corp. (NHPC) purchase private equity shares to ensure the US$1.48 billion 1,200-MW Teesta Stage-III hydroelectric project on the Teesta River in the northern district of Sikkim is completed.
News Article | December 4, 2015
As competition among renewable energy project developers in India continues to increase the Indian Government is planning to step up investment in the sector to keep the momentum going. The Indian Minister for Power, Coal, and Renewable Energy, Piyush Goyal, recently announced that his government will soon float an equity fund for investment in renewable energy projects of around $1 billion, and will initially invest in projects developed by state-owned companies. While the minister did not give any further details about the fund, it may function on the lines of UK’s Green Investment Bank or other similar investment programs. The minister also did not inform how the corpus of the equity fund would be be accumulated, however, he did mention the National Clean Energy Fund during the announcement. Revenue collected from the coal tax (at ~$3.0/tonne) is pooled into the National Clean Energy Fund. The government expects to collect $4 billion a year through the coal tax over the next 3-4 years. While the fund remains largely under-utilised, especially for renewable energy projects, the government now seems to have set its priorities right for its utilisation. A number of state-owned companies and organisations have been assigned targets to set up renewable energy projects, especially solar power projects. Coal India Limited, NTPC Limited, NHPC Limited, Neyveli Lignite Corporation, and the Indian armed forces have been assigned targets to set up solar power projects. While arranging debt financing for such projects would not be an issue, these organisation may face hurdles in financing the equity portion of the projects, thus the proposed equity fund will prove critical for them. India has set eyes on the target of 175 GW operational renewable energy capacity by 2022. This includes 100 GW installed solar power capacity, 60 GW wind energy capacity, and 15 GW from other renewable energy technologies like biomass, small hydro, etc. The Indian government has also asked several state-owned organisations to raise funds for renewable energy projects through green bonds. Get CleanTechnica’s 1st (completely free) electric car report → “Electric Cars: What Early Adopters & First Followers Want.” Come attend CleanTechnica’s 1st “Cleantech Revolution Tour” event → in Berlin, Germany, April 9–10. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | July 7, 2015
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c2nhrx/global_stem_cell) has announced the addition of the "Global Stem Cell Therapy Market Future Outlook" report to their offering. As per recent research report "Global Stem Cell Therapy Market Future Outlook", advancement in stem cell research seems to be increasing continuously across the globe which is apparent from the number of increasing clinical trials. Stem cell therapies for numerous indications are at different stages of clinical trials and they would be introduced in market in coming years. Increased findings and quest for better therapeutics could be considered as main reason behind growth of this segment. Improved technology and development of innovative modalities are further expected to propel the development of stem cell therapies. Only few stem cell therapies have received approval and most of them are small part of forth coming medical revolution. Stem cell therapy developers would be able to generate significant revenues in coming years. In this way, future prospects of stem cell therapies look optimistic and it is expected that more stem cell therapies would be commercialized in coming years.