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Pros and Cons of Investing in Renewable Energy

https://www.ecowatch.com/pros-and-cons-of-investing-in-renewable-energy.html   The future of the American energy sector isn’t a coal miner with soot on their nose. It’s a wind turbine technician hoisted hundreds of feet above ocean waves, greasing rotor blades. By 2050, renewable resources are expected to comprise 42% of the U.S. energy mix, according to a recent report issued by the U.S. Energy Information Administration (EIA), the statistical data division of the U.S. Department of Energy. That’s double the amount of renewable resources that powered the American grid in 2020, the agency stated, adding that most of that additional generation capacity is expected to come from new wind farms and solar assets. That’s in part because as the climate crisis continues to worsen, state and federal officials are increasingly looking toward renewable resources to power homes and businesses around the country. But what differentiates renewable energy from non-renewable en...

Centre explores plan to run ships fully on clean energy

  Centre explores plan to run ships  fully on clean  energy (livemint.com) India is exploring a unique plan to run ships 100% on green energy that may involve a hybrid energy model comprising of a mix of solar, sea water, wind, and hydrogen, said two government officials aware of the development. The plan is being explored by the ministries of ports, shipping and waterways and new and renewable energy (MNRE), the people said requesting anonymity. The innovative strategy will not only help lower operating costs for cargo ships but also reduce their carbon emissions. This can be a potential game changer for the country’s energy security as India imports 85% of its crude oil and 53% of gas requirements. Bunker or ship fuel accounts for the bulk of a ship’s operating costs. Maritime transport accounts for about 95% and 70% of India’s trade by volume and value. Cargo traffic handled by the top domestic ports is expected to reach 1,695 million metric tonnes (mmt) this fiscal from 672.60 ...

Clean energy tech needs to be designed for recycling

  How to redesign clean energy tech for recycling - The Verge Companies like Apple and Samsung aren’t the only ones making high-tech devices that are hard to take apart and recycle. So are the manufacturers of critical clean energy technologies like solar panels, wind turbines, and electric vehicle (EV) batteries — and unlike the consumer tech industry, which is   slowly   starting   to   reverse   some of its unsustainable design practices, there isn’t much being done about it. Batteries, solar panels, and wind turbines are all essential tools for combating climate change. However, these technologies take considerable energy and resources to make, and the best way to ensure we can keep making more of them sustainably is to recycle those resources at end of life. But today, clean energy recycling is limited by design choices that hinder disassembly, including the widespread use of ultra-strong adhesives. That could change, experts say, if the companies manu...

Reliance Industries Limited to invest Rs 5.95 lakh crore in green energy

  Reliance Industries Limited (RIL) signed an MoU on Thursday with the  Gujarat  government for a total investment of Rs 5.95 lakh crore as part of investment promotion activity for Vibrant Gujarat Summit 2022. These projects will create 10 lakh direct and indirect employment opportunities in the state, the company said in a media statement. “To make Gujarat net-zero and carbon-free, RIL proposes to i .. Read more at: http://timesofindia.indiatimes.com/articleshow/88886515.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Top 15 Rooftop Solar - India

  1.Loom Solar  Company has powered more than 1000 homes with solar energy across 700 cities in India .On-grid projects in residential and commercial spaces , such as hospitals , factories , educational institutions, offices and transport  2.Tata Power Solar  Popular installations include Cricket Club of India , RSSB-EES Amritsar , Cochin International Airport 3.Mahindra Susten  The Company has installed rooftop solar solutions for Infosys , JK Fenner , JK Tyres , SAIL , Tech Mahindra  4.Sunsure Energy  Targets to create a portfolio of 1000 MW of solar powered assets by 2020  Has been recognized as the third largest rooftop solar EPC company in India as per Bridge to India's Report  5.Fourth Partner Energy  Manages a portfolio of more than 120MW and 100+ clients like Nestle, EY , Airtel  6.Suryaday  Executed more than 20MW of rooftop solar projects till date  7.Orb Energy  Has installed 1,00,000 solar systems for resi...

Wind energy developments and policies in China: A short review

  Wind energy developments and policies in China: A short review (repec.org) Wind energy is the most prominent energy source among all the renewables. However, this technology was not covered in the worldwide before the last three decades. Currently, this energy has been most popularized in the worldwide and some of the countries are started their projections on this sector. The countries like China, USA, Germany, India and Spain have leaded by the installation capacities of wind energy in the global markets. During the last decade, China shared the highest wind energy capacities in the world. Chinese government has been providing the attractive policies for the local wind energy manufacturing companies with the developers. Also, from the last 2–3 years’ scenario, it has been observed that the Chinese government has also emphasised the policies especially for the outside wind energy manufacturing companies. This paper presents a compressive overview on current developments of wind ...

India: Supporting Wind Power with Tax Incentives and Ensuring Project Sustainability

Clean Energy Solutions Center | India: Supporting Wind Power with Tax Incentives and Ensuring Project Sustainability   India’s domestic income tax law provides a 10-year tax holiday for wind generation and  distribution projects, if power generation began before 31 March 2014. Under this policy, wind  operations pay a minimum alternative tax of approximately 20% (based on income). After 10  years of operation, the tax can be offset. This policy design element helps to ensure ongoing  operation of the plant and sustainable deployment outcomes