Renewable Energy

NTPC Ltd, India’s largest power company, has signed a power purchase agreement (PPA) with MP Tradeco in Bhopal for the supply of power from a 50 MW solar plant to be opened in 2013 in Rajgarh in Madhya Pradesh.
Perusahaan Listrik Negara, (PLN) Indonesia’s state-owned utility, will allocate Rp 69 trillion (USD7.59 billion) for capital expenditures in 2012, according to a statement distributed to reporters in Jakarta yesterday.
The Philippine Department of Energy (DOE) expects the establishment of the first renewable energy (RE) market by next year, said Energy Undersecretary Josefina Patricia Asirit in a Philippine Star report.
December 20, 2011
Dhaubadi, in remote Nepal has become the ADB's first 'renewable energy village',as the Times of India called it. Using money from the Asian Development Bank and in partnership with the local community and government, the pilot wind-solar hybrid power system brings power to the village. Other clean-tech solutions are being integrated into the pilot. The development allows villagers to work at night by light, recharge mobile phones and even watch television, but its key is local participation.
According to reports in, Indonesia and China are looking for ways to cooperate on developing renewable energy. Speaking after a meeting with Chinese Science and Technology deputy minister Cao Jialin, Indonesia's forestry minister Zulkifli Hasan said “It is important for the two countries to develop renewable energy in the face of declining fossil energy resources. After all, China has relatively advanced technology on renewable energy, such as solar and hydro energy technology.”
China has become the world's biggest investor in renewable energy sources last year according to a senior environmental official.
The International Energy Agency (IEA) says that renewable energy technology is becoming increasingly cost-competitive and, while subsidies are justifiable, lessons need to be learned.
Eight countries in the Hindu-Kush Himalayan region are making progress in development and uptake of renewable energy technologies, which can maintain sustainable economic growth for mountain communities, a workshop in Kathmandu heard in earlier this month.Further investments could provide environmental, social and economic benefits to mountain communities, experts told the meeting, which was organised by the International Centre for Integrated Mountain Development (ICIMOD).
In an announcement to the Hong Kong Stock Exchange, the China Longyuan Power Group Corp said it had agreed to buy wind energy and biomass assets from its parent, China Guodian Corp.
New research says that there's a growing interest in systems that store energy, especially from renewable power generation. Pike Research says that while cost reduction is a serious requirement along with improving technologies, there is a growing interest in enabling long-duration and short-duration storage helping in balancing electricity grid operations. Its tracker report says there are nearly 600 energy storage projects worldwide.