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IBM introduces new solar and wind forecasting system

By : Sustainability ..., Aug 13, 2013

IBM has announced a power and weather modelling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and analytics to accurately forecast the availability of wind power and solar energy.

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Subject Tags: energy , Entertainment , IBM

Goldman’s ReNew says India wind-forecast rule will erase profits

By : Sustainability ..., Jul 29, 2013

Goldman Sachs Group Inc.’s ReNew Wind Power Pvt. said an Indian rule requiring wind farms to predict output will lead to penalties that will wipe out profits in the industry.

ReNew joins Tata Power Co., both among India’s largest renewable-energy utilities, in voicing...

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India Tells Wind Farms to Forecast Power or Face Fines

By : Sustainability ..., Jul 16, 2013

ndia will fine wind farms that fail to set accurate day-ahead forecasts for power output, passing on risks to owners like CLP Holdings Ltd. (2) and Tata Power Co. (TPWR) after volatile generation led to the world’s biggest blackout.

A directive enforcing the fines...

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Goldman Sachs lifts investment in Indian renewable energy

By : Sustainability ..., Jun 5, 2013

Goldman Sachs’s private equity arm is doubling down on its investment in an Indian wind farm company, putting another $135m into ReNew Wind Power, in a sign of the increasing interest in Asian renewables.

The planned investment follows last month’s pledge from Goldman...

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Sales of plug-in electric vehicles project to top 17,000 in India by 2018

By : Sustainability ..., May 29, 2013

A new research report suggests plug-in electric vehicle sales will surpass 17,000 in India by 2018, by which time the subcontinent will be well on the way to becoming the third largest car market in the world.

Navigant Research found that several factors contribute to...

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Messe Frankfurt enters the Indian Waste and Wastewater Sector with the Acquisition of Watertech

By : Sustainability ..., May 24, 2013

Messe Frankfurt Trade Fairs (India), the Indian operation and subsidiary of Messe Frankfurt, announced today its acquisition of Watertech, India's leading trade fair and conference on waste, wastewater and recycling from Exhiference Media Pvt Ltd. Additionally, Messe...

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How green buildings can serve as prototypes for sustainable living in cities

By : Sustainability ..., May 20, 2013

This article takes a look at how GE’s John F Welch Technology Centre has built a green building ecosystem in Bangalore

The concept of sustainable buildings has caught on significantly in the Indian market. Green buildings generate less waste, help in water and...

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Tata Power May Sell Shares in Clean-Energy Unit Next Year

By : Sustainability ..., May 16, 2013

Tata Power Co. (TPWR), the utility business of India’s largest business group, is considering an initial public offering of its clean-energy unit next financial year.

The utility plans to increase wind and solar power capacity at Tata Power Renewable Energy Ltd...

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More Laggards than Leaders: State of Renewable Purchase Obligations

By : Anindita Chakraborty, May 13, 2013

Greenpeace calls out for an overhaul of the existing framework of the RPO regulation and sheds light on the current status of its implementation among states

“Powering Ahead with Renewables: Leaders and Laggards”, the new report by Greenpeace is a timely...

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Suzlon implements $1.8 billion debt recast plan

By : Sustainability ..., Apr 24, 2013

Wind turbine maker Suzlon today said it has implemented the $1.8 billion (Rs. 9,500 crore) debt restructuring package that includes preferential allotment of shares to its lenders.

The completion of the Corporate Debt Restructuring (CDR) package would pave the...

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