India’s rapidly expanding solar power market represents a wealth of potential opportunities for home grown and foreign PV manufacturers and project developers. It’s not all plain sailing, though; like any emerging market, the Indian PV sector has its share of growing pains. Solar power is hot property right now in India. A glance through the finance pages of any paper should be enough to confirm that business activity in this sector is definitely on an upward trend. And the activity is far from confined to local players. A cursory review of recent announcements reveals a veritable who’s who of Indian …
Read More »Aggressive bids at heart of JNNSM’s batch 2 of phase 1 tenders
Solar energy in India will power ahead in 2012 as the sector touches new heights with the result of the batch two of phase one of its National Solar Mission bid round. But will the aggressive market entry tactics survive a long-term market plan for India? NTPC Vidyut Vyapar Nigam (NVVN) has shortlisted 22 bidders to set up solar energy-based power plants in India under the batch II of phase 1 of Jawaharlal Nehru National Solar Mission (JNNSM). French Company Solar Direct has emerged as the lowest bidder offering solar power at Rs.7.49 ($0.149) per kwh while Green Infra emerged …
Read More »InEnCy Sector Focus
The industrial sector in India accounts for upto 36% of electricity consumption in India. That makes industrial sector the biggest consumer of electricity. The energy intensive sectors like cement, textiles, iron, steel, cement and fertilizers are the prime users, consuming upto 70% of this electricity. Around 15-25% of this consumption is avoidable. The second biggest consumers of electric energy are the domestic and the commercial sectors, consuming upto 33% of the total electricity. Daytime lights usage is the biggest contributor to the electricity consumption in buildings. Similarly, in the domestic sector, lighting and fans contribute the maximum to the electricity …
Read More »Energy Efficiency Business Plan Competiton: InEnCy
It has been estimated that India’s energy requirement will more than double in another 20 years. Is this for real? We are already living in a furnace of an environment where winter, summer and monsoon occur in extremes, losing the balance they should have. For our country, where the thrust of all economic activities is to achieve rapid growth, the CO2 emissions are bound to be high. So is the battle already lost? Not really. Well, there isn’t any U-turn, but the way ahead need not be like the path taken so far. It’s surprising how energy efficiency can be …
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