SolarIndiaOnline.com

The thrust to create so-called “clean” energy projects is hampered by poor financial risk perception, need for big capital investments and policies that still favor conventional sources of energy, an official of the Asian Development Bank (ADB) recently announced.

Stating at the Asia Clean Energy Forum at the ADB headquarters this week, Private Sector Operations Department Director-General Philip Erquiaga said these three impediments are what the bank will take into consideration drafting a new energy policy.

Mr. Erquiaga explained the perception of risk is because of the view regarding clean energy technology is “experimental,” creating it financially risky … Continue Reading

IntroductionIndia is facing an acute energy scarcity which is hampering its industrial growth and economic progress. Setting up of new power plants is inevitably dependent on import of highly volatile fossil fuels. Thus, it is essential to tackle the energy crisis through judicious utilization of abundant the renewable energy resources, such as biomass energy, solar energy, wind energy and geothermal energy. Apart from augmenting the energy supply, renewable resources will help India in mitigating climate change. India is heavily dependent on fossil fuels for its energy needs. Most of the power generation is carried out by coal and … Continue Reading

The much awaited suspense on the new cabinet got over on Thursday with the announcement of Prime Minister Manmohan Singh’s council of ministers. The strongman of Jammu and Kashmir politics, Dr. Farooq Abdullah has been appointed as the new minister for Ministry of New and Renewable Energy.With this announcement and making one of the most experienced person in politics as the minister of New and Renewable Energy, the UPA government has made it clear that this time it is much more focused on utilizing the alternative source of energy. Dr. Abdullah was born on 21 October, … Continue Reading

SolarIndiaOnline.com has been uploaded and is working fine.For all the latest updates on Indian Soalr Industry, keep visiting, www.solarindiaonline.com

Dear Solar Members,SolarIndiaOnline.com is down for few days due to some technical errors and will be open soon.For any assitance, kindly mail to : solarindiaonline@gmail.comor contact : Rajat Khosla,Coordinator 9910027900