RENEWABLE ENERGY

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India to set up Biofuel Development Fund

Commodity Online NEW DELHI: Finally, the Indian government is taking some concrete steps to promote biofuel in the country. The government on Tuesday announced the setting up of a National B...
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Scheme to support mega watt solar power projects

Commodity Online NEW DELHI: The Ministry of New and Renewable Energy has announced a demonstration programme to support mega watt size grid interactive solar power generation projects, up to a maximum capacity of 50 MW, in the country.
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Govt to make solar heater mandatory

Commodity Online NEW DELHI: The government will amend the building bye laws for making the use of solar water heaters mandatory in certain categories of building.
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PFC IREDA sign deal on renewable energy sector

Commodity Online NEW DELHI: Power Finance Corporation Ltd (PFC) and Indian Renewable Energy Development Agency Ltd (IREDA) have entered into a pact to facilitate financial cooperation in renewable energy sector.
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Google Jumps Into Energy Market; Aims to Reduce Costs

In a move that could eventually lower its energy costs and boost environmentalism, the world's top Internet search provider, Google, said Tuesday it will invest tens of millions of dollars next year in renewable energy technologies such as solar and wind power.
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$1 trillion green market seen by 2030

Global sales from clean energy sources like wind, solar and geothermal power and biofuels could grow to as much as $1 trillion a year by 2030, U.S. bank Morgan Stanley has estimated.
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Solar industry sees boom in sunny Italy

Italy may soon become Europe's next frontier for solar energy as new incentives prompt investors to bet on higher returns than in Germany, which has less sun but is currently the hub of a growing global market.
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Eco-millionaires see boom times ahead

Mankind's response to climate change will shift how the world gets its energy and is already making green barons out of early investors in renewable energy, clean technologies and carbon trading.
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U.S. House shifts $16 bln toward renewable energy

The U.S. House of Representatives on Saturday passed a Democratic rewrite of U.S. energy policy that strips $16 billion in tax incentives away from Big Oil and puts it toward renewable energy sources like wind and solar power.
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UK targets green power gridlock

Britain is seeking ways to enable clean power sources to be linked much more quickly to the electricity network so that the country can meet carbon emissions targets, the government said on Thursday.
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Mini Power Plants

Florida has plenty of sunshine to power rooftop solar panels but utilities say they won't be cost effective.
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Ethanex Energy to Produce Ethanol in Germany

Ethanex Energy Inc., a renewable energy company, said on Wednesday it has formed an alliance with the Industrial Investment Council, an investment agency funded by the German government. The IIC will work with the energy company to establish bio-ethanol facilities in Germany.
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World Bank sees offgrid energy projects a boon

Investments in offgrid energy generation projects are the quickest way to get electricity to the 1.6 billion people in the world without lights, a World Bank official said on Wednesday.
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Will Alcohol-Run Cars Take Over the World?

With soaring gas prices making alternative fuels more attractive, ethanol - a grain alcohol made from a variety of crops including corn, sugarcane, barley and wheat - has become a popular alternative.

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