India's ONGC to Invest in Renewable Power Research - Power Technology
India's Oil and Natural Gas Corporation (ONGC) will invest INR5bn ($109.4m) on research and development of non-conventional energy sources.
ONGC chairman and managing director R S Sharma told the Business Standard that India has only 0.5% of the world's hydrocarbon reserves and will find it difficult to meet its growing energy demand without utilising alternative and renewable sources.
The firm is currently engaged in tapping non-conventional energy sources like solar, thermal energy, LED (light emitting diode) and fuel cells that emit less carbon.
ONGC has also set up a 150MW wind power plant and has approved the development of another 100MW wind energy plant.
Manufacturers of Industrial Cooling Towers, Water Treatment Equipments, Air Pollution Control Equipments and Scale-Ban (Non-Chemical Water Treatment Equipments). CASE Group is currently also putting Turnkey projects in India in the field of Coal Gasifiers, DRI plants, Solar Power Plants and automatic steel rolling mills.
Friday, November 19, 2010
Thursday, November 18, 2010
Rajasthan to have 505 mw solar energy projects
Rajasthan to have 505 mw solar energy projects
Rajasthan will have 505 Mw of solar energy projects that is likely to attract investment of Rs 6,000 crore in private sector. The Centre had recently executed tender process to select solar power projects of 630 Mw capacity to be established in the country. Out of this, projects of 505 mw capacity will be set up in Rajasthan alone.
Chief Minister Ashok Gehlot has targeted the state to become a hub of solar energy with his government improving the required basic infrastructure.
Wednesday, November 17, 2010
30 companies offered PV projects against RFP | Asia and Pacific | Energetica India
30 companies offered PV projects against RFP | Asia and Pacific | Energetica India
NTPC Vidyut Vyapar Limited on Nov 16, 2010 assessed request for proposal bids and allotted grid connected solar PV power projects to around 30 applicants. The lowest bid was offered by Camlote Enterprises. It offered discount of paise 696. In all 299 companies had participated in the bidding process. The lowest discount offered was 001 paise. Around18 companies had given a discount of 550 Paise and more. And additional 21 companies had given discount between 549 and 500 paise. The last winning bid, by precision technik, had offered discount of paise 515. The bid offered by Sonvadra Vyapar was disqualified due to error in writing.
Click here to download the PDF file
NTPC Vidyut Vyapar Limited on Nov 16, 2010 assessed request for proposal bids and allotted grid connected solar PV power projects to around 30 applicants. The lowest bid was offered by Camlote Enterprises. It offered discount of paise 696. In all 299 companies had participated in the bidding process. The lowest discount offered was 001 paise. Around18 companies had given a discount of 550 Paise and more. And additional 21 companies had given discount between 549 and 500 paise. The last winning bid, by precision technik, had offered discount of paise 515. The bid offered by Sonvadra Vyapar was disqualified due to error in writing.
Click here to download the PDF file
India's Power finance corp to launch units for 'green' PJT loans | Asia and Pacific | Energetica India
India's Power finance corp to launch units for 'green' PJT loans | Asia and Pacific | Energetica India
India's Power Finance Corp (PFC, BSE:532810) said it would launch two subsidiaries for consortium lending and funding green energy projects, which would help it in a more focused growth as well as diversification."PFC will be launching two subsidiaries by April. One is for consortium lending and the other will be to fund renewable energy projects. This will be known as PFC Green Energy," said PFC's chief managing director Satnam Singh."Though financial outlays for these two proposed arms are to be finalised, we hope to make them operational by the beginning of the next fiscal year," he added.Singh said PFC will raise additional capital, to the tune of 20 per cent, within a year through an FPO and it has already sought board and shareholders approval for that.The modalities and the issue size will be decided by the power and finance ministries, Singh added.The Indian government owns 89.78 per cent in PFC, with paid-up total capital of Rs 1,147 crore, as of September 30.The Power Ministry is mulling a follow-on public offer of PFC, which could raise around Rs 6,300 crore (US$1.41 billion) by this fiscal year-end. The issue will comprise a divestment of five per cent stake held by the government, along with 10 per cent issuance of fresh equity.
"It is being discussed...," Power Secretary P. Uma Shankar had told PTI earlier this week, adding that fresh equity may be 10 per cent, with five per cent government stake sale.He said the ministry is optimistic about bringing it (FPO) by the end of the current fiscal year."The proposal is on ...we hope to bring the offer by end of this (financial) year."Meanwhile, Singh said PFC has signed an MoU with Nuclear Power Corp for debt financing, consultancy services and equity financing to Nuclear Power Corporation of India Ltd to facilitate its large capacity addition programme, late last month.On the company's interest in getting into banking, he said it is in the process of appointing a consultant for this.Under the liberalised ECB norms, PFC can raise up to US$500 million from overseas, he said. Out of this, it has already raised yen-denominated loans worth Rs 240 million and the rest US$260 million will be mopped during the rest of the fiscal year year.
India's Power Finance Corp (PFC, BSE:532810) said it would launch two subsidiaries for consortium lending and funding green energy projects, which would help it in a more focused growth as well as diversification."PFC will be launching two subsidiaries by April. One is for consortium lending and the other will be to fund renewable energy projects. This will be known as PFC Green Energy," said PFC's chief managing director Satnam Singh."Though financial outlays for these two proposed arms are to be finalised, we hope to make them operational by the beginning of the next fiscal year," he added.Singh said PFC will raise additional capital, to the tune of 20 per cent, within a year through an FPO and it has already sought board and shareholders approval for that.The modalities and the issue size will be decided by the power and finance ministries, Singh added.The Indian government owns 89.78 per cent in PFC, with paid-up total capital of Rs 1,147 crore, as of September 30.The Power Ministry is mulling a follow-on public offer of PFC, which could raise around Rs 6,300 crore (US$1.41 billion) by this fiscal year-end. The issue will comprise a divestment of five per cent stake held by the government, along with 10 per cent issuance of fresh equity.
"It is being discussed...," Power Secretary P. Uma Shankar had told PTI earlier this week, adding that fresh equity may be 10 per cent, with five per cent government stake sale.He said the ministry is optimistic about bringing it (FPO) by the end of the current fiscal year."The proposal is on ...we hope to bring the offer by end of this (financial) year."Meanwhile, Singh said PFC has signed an MoU with Nuclear Power Corp for debt financing, consultancy services and equity financing to Nuclear Power Corporation of India Ltd to facilitate its large capacity addition programme, late last month.On the company's interest in getting into banking, he said it is in the process of appointing a consultant for this.Under the liberalised ECB norms, PFC can raise up to US$500 million from overseas, he said. Out of this, it has already raised yen-denominated loans worth Rs 240 million and the rest US$260 million will be mopped during the rest of the fiscal year year.
Tuesday, November 16, 2010
LDK Solar Wins Patent Award | Asia and Pacific | Energetica India
LDK Solar Wins Patent Award | Asia and Pacific | Energetica India
LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, today announced that LDK Solar's patent "Directional Solidification Furnace with Recharging Apparatus for Multicrystalline Silicon Ingot Growth" has won the Excellence Award of the 12th China Patent Award which is the highest award in the patent field in China."Directional Solidification Furnace with Recharging Apparatus for Multicrystalline Silicon Ingot Growth" is a technology and apparatus that can greatly enhance the production throughput of the current directional solidification furnaces. With the proprietarily designed feeding system, more silicon material can be added into the same crucible during and after melting of the original charge. This will help to reduce the cost of ingot production through less consumption of crucibles and energy, and produce higher yield of useful ingots for solar wafers."We are pleased to receive this special award for our patented technology," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "LDK Solar continues to focus on research and development projects which will improve process technology, reduce manufacturing costs as well as elevate our overall product quality. Our investment in R&D will build LDK Solar as a truly vertically integrated photovoltaic technology company."
LDK Solar Co., Ltd. ("LDK Solar") (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers and PV products, today announced that LDK Solar's patent "Directional Solidification Furnace with Recharging Apparatus for Multicrystalline Silicon Ingot Growth" has won the Excellence Award of the 12th China Patent Award which is the highest award in the patent field in China."Directional Solidification Furnace with Recharging Apparatus for Multicrystalline Silicon Ingot Growth" is a technology and apparatus that can greatly enhance the production throughput of the current directional solidification furnaces. With the proprietarily designed feeding system, more silicon material can be added into the same crucible during and after melting of the original charge. This will help to reduce the cost of ingot production through less consumption of crucibles and energy, and produce higher yield of useful ingots for solar wafers."We are pleased to receive this special award for our patented technology," stated Xiaofeng Peng, Chairman and CEO of LDK Solar. "LDK Solar continues to focus on research and development projects which will improve process technology, reduce manufacturing costs as well as elevate our overall product quality. Our investment in R&D will build LDK Solar as a truly vertically integrated photovoltaic technology company."
Monday, November 15, 2010
Alstom to Retrofit 6 Belchatow Fossil Power Plant
Alstom to Retrofit 6 Belchatow Fossil Power Plant - Power Technology
Alstom will retrofit six units of the 4,460MW Belchatow power plant, the world's second-largest fossil power plant.
The two contracts worth €140m were signed with PGE Gornictwo, which owns and operates Belchatow and several power plants in Poland.
The first contract covers the retrofitting of the turbine island equipment on six units, which includes engineering, supplying and installing high-pressure and intermediate pressure turbines, associated auxiliaries, and a turbine controller.
The second contract will cover retrofitting the units' existing electrostatic precipitators (ESP), which help control particulate emissions levels to as low as 50mg/Nm3.
The retrofit will increase each of the six units' power output by 20MW, enough to power 240,000 additional homes and reduce the specific CO2 emissions by about 600,000t per year.
Alstom will retrofit six units of the 4,460MW Belchatow power plant, the world's second-largest fossil power plant.
The two contracts worth €140m were signed with PGE Gornictwo, which owns and operates Belchatow and several power plants in Poland.
The first contract covers the retrofitting of the turbine island equipment on six units, which includes engineering, supplying and installing high-pressure and intermediate pressure turbines, associated auxiliaries, and a turbine controller.
The second contract will cover retrofitting the units' existing electrostatic precipitators (ESP), which help control particulate emissions levels to as low as 50mg/Nm3.
The retrofit will increase each of the six units' power output by 20MW, enough to power 240,000 additional homes and reduce the specific CO2 emissions by about 600,000t per year.
Friday, November 12, 2010
NTPC to Commission Thermal Power Unit in India - Power Technology
NTPC to Commission Thermal Power Unit in India - Power Technology
India's National Thermal Power Corporation (NTPC) will commission the first unit of the stage-II expansion project of Simhadri Super Thermal Power Station by March 2011.
NTPC regional executive director (South) Ambarish Nath Dave told The Hindu that the expansion work to double the capacity of the project to 2,000MW would be completed by the end of 2011-12.
Simhadri, the first shore-based power plant, is adding two units each with 500MW in Stage II with an investment of about INR49bn ($1.1bn).
In 2002, two units of 500MW were synchronised.
India's National Thermal Power Corporation (NTPC) will commission the first unit of the stage-II expansion project of Simhadri Super Thermal Power Station by March 2011.
NTPC regional executive director (South) Ambarish Nath Dave told The Hindu that the expansion work to double the capacity of the project to 2,000MW would be completed by the end of 2011-12.
Simhadri, the first shore-based power plant, is adding two units each with 500MW in Stage II with an investment of about INR49bn ($1.1bn).
In 2002, two units of 500MW were synchronised.
Thursday, November 11, 2010
India's Power finance corp to launch units for 'green' PJT loans | Asia and Pacific | Energetica India
India's Power finance corp to launch units for 'green' PJT loans | Asia and Pacific | Energetica India
India's Power Finance Corp (PFC, BSE:532810) said it would launch two subsidiaries for consortium lending and funding green energy projects, which would help it in a more focused growth as well as diversification."PFC will be launching two subsidiaries by April. One is for consortium lending and the other will be to fund renewable energy projects. This will be known as PFC Green Energy," said PFC's chief managing director Satnam Singh."Though financial outlays for these two proposed arms are to be finalised, we hope to make them operational by the beginning of the next fiscal year," he added.Singh said PFC will raise additional capital, to the tune of 20 per cent, within a year through an FPO and it has already sought board and shareholders approval for that.The modalities and the issue size will be decided by the power and finance ministries, Singh added.The Indian government owns 89.78 per cent in PFC, with paid-up total capital of Rs 1,147 crore, as of September 30.The Power Ministry is mulling a follow-on public offer of PFC, which could raise around Rs 6,300 crore (US$1.41 billion) by this fiscal year-end. The issue will comprise a divestment of five per cent stake held by the government, along with 10 per cent issuance of fresh equity.
"It is being discussed...," Power Secretary P. Uma Shankar had told PTI earlier this week, adding that fresh equity may be 10 per cent, with five per cent government stake sale.He said the ministry is optimistic about bringing it (FPO) by the end of the current fiscal year."The proposal is on ...we hope to bring the offer by end of this (financial) year."Meanwhile, Singh said PFC has signed an MoU with Nuclear Power Corp for debt financing, consultancy services and equity financing to Nuclear Power Corporation of India Ltd to facilitate its large capacity addition programme, late last month.On the company's interest in getting into banking, he said it is in the process of appointing a consultant for this.Under the liberalised ECB norms, PFC can raise up to US$500 million from overseas, he said. Out of this, it has already raised yen-denominated loans worth Rs 240 million and the rest US$260 million will be mopped during the rest of the fiscal year year.
India's Power Finance Corp (PFC, BSE:532810) said it would launch two subsidiaries for consortium lending and funding green energy projects, which would help it in a more focused growth as well as diversification."PFC will be launching two subsidiaries by April. One is for consortium lending and the other will be to fund renewable energy projects. This will be known as PFC Green Energy," said PFC's chief managing director Satnam Singh."Though financial outlays for these two proposed arms are to be finalised, we hope to make them operational by the beginning of the next fiscal year," he added.Singh said PFC will raise additional capital, to the tune of 20 per cent, within a year through an FPO and it has already sought board and shareholders approval for that.The modalities and the issue size will be decided by the power and finance ministries, Singh added.The Indian government owns 89.78 per cent in PFC, with paid-up total capital of Rs 1,147 crore, as of September 30.The Power Ministry is mulling a follow-on public offer of PFC, which could raise around Rs 6,300 crore (US$1.41 billion) by this fiscal year-end. The issue will comprise a divestment of five per cent stake held by the government, along with 10 per cent issuance of fresh equity.
"It is being discussed...," Power Secretary P. Uma Shankar had told PTI earlier this week, adding that fresh equity may be 10 per cent, with five per cent government stake sale.He said the ministry is optimistic about bringing it (FPO) by the end of the current fiscal year."The proposal is on ...we hope to bring the offer by end of this (financial) year."Meanwhile, Singh said PFC has signed an MoU with Nuclear Power Corp for debt financing, consultancy services and equity financing to Nuclear Power Corporation of India Ltd to facilitate its large capacity addition programme, late last month.On the company's interest in getting into banking, he said it is in the process of appointing a consultant for this.Under the liberalised ECB norms, PFC can raise up to US$500 million from overseas, he said. Out of this, it has already raised yen-denominated loans worth Rs 240 million and the rest US$260 million will be mopped during the rest of the fiscal year year.
Concentrator Photovoltaics Technology has Reached Commercialization | Europe | Energetica India
Concentrator Photovoltaics Technology has Reached Commercialization | Europe | Energetica India
Approximately 20 MW of Concentrator Photovoltaics (CPV) systems will be deployed in 2010 and the market is expected to reach a GW level in the next 5 years. With multiple commercial scale power plants connected to the grid in 2010, CPV technology is now ready for take-off.
Organized with the CPV Consortium as the main partner, the 1st EPIA International Conference on Concentrator Photovoltaics took place yesterday in Munich and gathered the most knowledgeable CPV experts to review all aspects of the commercial implementation of CPV solutions.
A high efficient technology entering the commercial and industrial stage
After many years of intense research activities for increasing efficiency, improving reliability and reducing the manufacturing cost, 2010 is a milestone for Concentrator Photovoltaics. Current commercial scale projects demonstrate that the technology has the highest performance in the hot and arid regions of the world. The low temperature coefficient is also crucial for the deployment of the technology in the sunniest places. The module efficiency in current power plants has reached 25-27% and is expected to grow to 30% by 2012.
CPV uses simple materials like glass, steel, silicone and very few semiconductor materials, which helps drive down cost, and all materials are used to their maximum efficiency. “CPV is really unique in a sense that it combines highest efficiencies with lowest cost of materials” stated Hansjörg Lerchenmüller, CEO of Concentrix and a Board Member of the CPV Consortium.
In addition, the technology benefits from a very light environmental footprint due to its low lifecycle CO2 intensity, high recyclability, short energy payback time, very low water consumption, and optimum use of the land.
Capitalising on all of these assets, the first CPV companies entered the commercial and industrial stage with clear support from the financial community. In 2010, many large, commercial CPV projects have been completed and grid connected. One of the speakers at the conference, Mark Crowley, CEO of SolFocus stated that, “Today, CPV has reached the stage of commercialization and is able to deliver on its promise of low-cost, reliable solar-generated electricity.”
Proven reliability in the field and long-term durability
Installation and implementation in the field can be made by the local workforce and with only a few specialists needed, allowing for the creation of local jobs and helping to contribute to the ease of operations. The technology is flexible in size, allowing for commercial installations from 1 MW to 100+ MW, and it is able to be commissioned in phases. “Today, multiple commercial scale CPV power plants world-wide are demonstrating the high reliability in the field, besides the already proven performance achieved during the certification process, which clearly indicates that CPV technology is ready for large scale deployment” said Adel El Gammal, Secretary General of the European Photovoltaic Industry Association (EPIA).
A massive potential for cost reduction
Today CPV technology is already competitive in high solar resource regions. It is anticipated that this cost will significantly drop as the industry continues to scale up and the further develop the market.
“The main message we wanted to portray is that the CPV industry is commercial and has reached the next level of installation, with the first companies completing megawatt projects” concluded Hansjörg Lerchenmüller.
Approximately 20 MW of Concentrator Photovoltaics (CPV) systems will be deployed in 2010 and the market is expected to reach a GW level in the next 5 years. With multiple commercial scale power plants connected to the grid in 2010, CPV technology is now ready for take-off.
Organized with the CPV Consortium as the main partner, the 1st EPIA International Conference on Concentrator Photovoltaics took place yesterday in Munich and gathered the most knowledgeable CPV experts to review all aspects of the commercial implementation of CPV solutions.
A high efficient technology entering the commercial and industrial stage
After many years of intense research activities for increasing efficiency, improving reliability and reducing the manufacturing cost, 2010 is a milestone for Concentrator Photovoltaics. Current commercial scale projects demonstrate that the technology has the highest performance in the hot and arid regions of the world. The low temperature coefficient is also crucial for the deployment of the technology in the sunniest places. The module efficiency in current power plants has reached 25-27% and is expected to grow to 30% by 2012.
CPV uses simple materials like glass, steel, silicone and very few semiconductor materials, which helps drive down cost, and all materials are used to their maximum efficiency. “CPV is really unique in a sense that it combines highest efficiencies with lowest cost of materials” stated Hansjörg Lerchenmüller, CEO of Concentrix and a Board Member of the CPV Consortium.
In addition, the technology benefits from a very light environmental footprint due to its low lifecycle CO2 intensity, high recyclability, short energy payback time, very low water consumption, and optimum use of the land.
Capitalising on all of these assets, the first CPV companies entered the commercial and industrial stage with clear support from the financial community. In 2010, many large, commercial CPV projects have been completed and grid connected. One of the speakers at the conference, Mark Crowley, CEO of SolFocus stated that, “Today, CPV has reached the stage of commercialization and is able to deliver on its promise of low-cost, reliable solar-generated electricity.”
Proven reliability in the field and long-term durability
Installation and implementation in the field can be made by the local workforce and with only a few specialists needed, allowing for the creation of local jobs and helping to contribute to the ease of operations. The technology is flexible in size, allowing for commercial installations from 1 MW to 100+ MW, and it is able to be commissioned in phases. “Today, multiple commercial scale CPV power plants world-wide are demonstrating the high reliability in the field, besides the already proven performance achieved during the certification process, which clearly indicates that CPV technology is ready for large scale deployment” said Adel El Gammal, Secretary General of the European Photovoltaic Industry Association (EPIA).
A massive potential for cost reduction
Today CPV technology is already competitive in high solar resource regions. It is anticipated that this cost will significantly drop as the industry continues to scale up and the further develop the market.
“The main message we wanted to portray is that the CPV industry is commercial and has reached the next level of installation, with the first companies completing megawatt projects” concluded Hansjörg Lerchenmüller.
Solartys signs MOU with SESI
Solartys signs MOU with SESI | Asia and Pacific | Energetica India
With the purpose of entering into the Indian solar energy market, Solartys has benefited with a direct mission in the country and the signing of a Memorandum Of Understanding (MOU) with the Solar Energy Society of India (SESI). This agreement will allow both parties to establish close collaboration for the development of joint projects and to create synergies between the industries of Spain and India.
The recent direct mission realized by the Spanish Association for the Internationalization and Innovation of Solar Companies (Solartys) to India has borne its fruits. Besides leading the participation of 13 Spanish companies, - that, with financing of ICEX and CDTI, were able to pay for an interesting agenda of meetings and interviews with the leading companies of the sector. The association has reached an agreement of collaboration with SESI. This agreement materialized with the company/signature of an MOU, on the 28th of October, which means Solartys is able to enter more effectively in the Indian market of solar energy.
SESI is the Indian section of International Solar Energy Society (ISES), a nongovernmental universal organization, founded in 1954 and established in the country in 1976. SESI counts at the moment with more than 2,000 partners, most of which work in the areas of investigation, development, production and programming.
With the company/signature of this agreement by Carlos Vivas, Secretary General of Solartys and by Mr. Ajay Prakash Shrivastava, Chief of the main directorate of SESI, both organizations contribute in the development and the creation of the solar power industry. They are committed to this end, to the maintenance of the cooperation between both countries, for the projection of their industries and implementing joint activities.
Solartys thus consolidate its presence in the solar market of India. In May 2010, Solartys had already signed an agreement of collaboration with the Indian Federation of Chamber of Commerce and Industry (FICCI) by means of which both organizations were committed to work in a joint way to facilitate the relationships between companies of both countries.
With the purpose of entering into the Indian solar energy market, Solartys has benefited with a direct mission in the country and the signing of a Memorandum Of Understanding (MOU) with the Solar Energy Society of India (SESI). This agreement will allow both parties to establish close collaboration for the development of joint projects and to create synergies between the industries of Spain and India.
The recent direct mission realized by the Spanish Association for the Internationalization and Innovation of Solar Companies (Solartys) to India has borne its fruits. Besides leading the participation of 13 Spanish companies, - that, with financing of ICEX and CDTI, were able to pay for an interesting agenda of meetings and interviews with the leading companies of the sector. The association has reached an agreement of collaboration with SESI. This agreement materialized with the company/signature of an MOU, on the 28th of October, which means Solartys is able to enter more effectively in the Indian market of solar energy.
SESI is the Indian section of International Solar Energy Society (ISES), a nongovernmental universal organization, founded in 1954 and established in the country in 1976. SESI counts at the moment with more than 2,000 partners, most of which work in the areas of investigation, development, production and programming.
With the company/signature of this agreement by Carlos Vivas, Secretary General of Solartys and by Mr. Ajay Prakash Shrivastava, Chief of the main directorate of SESI, both organizations contribute in the development and the creation of the solar power industry. They are committed to this end, to the maintenance of the cooperation between both countries, for the projection of their industries and implementing joint activities.
Solartys thus consolidate its presence in the solar market of India. In May 2010, Solartys had already signed an agreement of collaboration with the Indian Federation of Chamber of Commerce and Industry (FICCI) by means of which both organizations were committed to work in a joint way to facilitate the relationships between companies of both countries.
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