News

AFTER scuttling talks on transfer of technology in the recently concluded climate change conference in Cancun, the US now wants China to stop its clean energy programme. The US, on December 22, filed a complaint with the World Trade Organization (WTO) that China is unfairly helping its domestic wind power equipment manufacturing industry with soft loans, cheap land and subsidies, thereby giving it a competitive edge. This is despite the fact that the US has its own green energy development programmes which run into billion of dollars.

Suzlon Energy has inked the single largest deal by an IPP for wind power projects in India with Caparo Energy (India). The deal, for 1,000 mw of wind power projects, is worth $1.28 billion.

The European Union looks set to overhaul the way renewable energy projects and power grids are financed, launching a new type of infrastructure bond and converging the EU's tangle of overlapping subsidies.

European leaders will meet in Brussels for a February 4 summit to reconcile an EU goal of getting 20 percent energy from renewable sources by 2020 with a debt crisis that has driven several E

New Delhi: Railways has inaugurated India

With the clean technology space in India attracting major funding in 2010, more start-ups are looking at energy efficiency applications and waste management as a business model to woo investors into this space.

After a 20 per cent rally in crude oil prices from November, biodiesel prices have also started rising globally. Biodiesel prices in Europe rose over 15 per cent, owing to a revival in demand. Indian producers, who mainly rely on export markets in Europe and the United States, are planning to increase exports.

Biodiesel shipments currently fetch exporters around $1,150-$1,200 a tonne.

A non-governmen Jan.

Energy summit
CHANDIGARH: Chandigarh-based hydro-geologist Ritesh Arya, who holds the Guinness record for drilling the world

The 225 MW Londa Hydro Project in East Kameng district has been welcomed by the people albeit with caution. The implementing agency

Noting that climate change and energy security are the two greatest challenges of the present time, US and China have vowed to work together to address the two issues affecting the mankind.

"The two sides view climate change and energy security as two of the greatest challenges of our time," both the nations said a joint statement issued after meetings between President Barack Obama and his Chi