The U.S. government has awarded its first exploratory leases for offshore wind development to three companies that aim to place turbines off the coasts of New Jersey and Delaware, Interior Secretary Ken Salazar said on Tuesday.

General Electric's Energy Financial Services is working on thousands of megawatts of renewable energy projects, but is not likely to move forward until the U.S. government decides on rules for new grants, an executive in the company's energy business said on Tuesday.

Former scientific advisor to the Defence Minister V S Arunachalam on Tuesday said, although there is talk about utilisation of solar energy, but very little is done in the country.

The Islamic Development Bank (IDB) will provide Bangladesh with US$ 1.3 billion for construction of the proposed Padma Bridge.

This was apprised by Finance Minister Abul Maal Abdul Muhith in the cabinet meeting held at Cabinet Division at Bangladesh Secretariat here on Monday with Prime Minister Sheikh Hasina in the chair.

Leslie D'Monte / New Delhi June 23, 2009, 0:16 IST

Indian solar power companies now want to light up the domestic market, with a little help from the government, of course.

THE power ministry is mooting a venture fund to underwrite investments in new clean energy projects, as it looks to invite fresh players into the sector.

Sanjay Jog

V. Rishi Kumar

Hyderabad, June 21 With the European Union charting out a strategy to ensure 20 per cent of its energy requirement comes from renewable energy sources by 2020, opportunities for cooperation in wind and photovoltaic power generation segments are set to grow.

T. Ramakrishnan

CHENNAI: Udangudi in Tuticorin district may be the site for a 100-megawatt solar thermal power plant. This was mooted during a meeting between Union Minister for New and Renewable Energy Farooq Abdullah and Electricity Minister Arcot N. Veeraswami here on Saturday.

CHENNAI: The new power-generation based incentives planned for the renewable energy sector will not phase out the existing accelerated depreciation incentives, Union Minister for New and Renewable Energy Farooq Abdullah said here on Friday.

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