Alternative Energies
India adding 2800 MW of wind capacity in 2015

ICRA expects wind energy capacity addition during the current fiscal year to grow 20{f24b02adee2102ff0c5f5079c50862fc8ba5fa53f8615b567037555463da2377} over the last year to about 2800 MW and will be driven both by the IPP and non-IPP segments. In the rating agency’s view, the demand drivers for the wind energy sector remain favourable in the long run. This is mainly aided by strong policy support in place at the Centre and in key states which have wind potential, favourable regulatory framework in the form of renewable purchase obligation (RPO) regulations, as well as the cost competitiveness of wind-based energy vis-à-vis conventional energy sources.National Institute of Wind Energy Launches Wind, Solar Online MapsThe National Institute of Wind Energy (NIWE), Chennai, India has launched two online maps, one each for…

After Paris, it’s time for Canada to finally join IRENA

IRENA is the International Renewable Energy Agency, a UN-affiliated organization established in 2009 to promote awareness and growth of renewable energy technologies on the global stage. It’s a kind of counter-balance to existing agencies that have long represented the fossil fuel and nuclear industries. The idea for IRENA goes as far back as 1981, but it took a quarter century to get the political traction it needed. Today, 145 countries have officially joined IRENA and another 30 are in the process of becoming members. That would bring the total to 175. By comparison, the 42-year-old International Energy Agency has only 29 members, while the 59-year-old International Atomic Energy Agency has 167 members. Canada is a founding member of the IEA and IAEA, yet Canada is the only G8 countries …

Chaos continues within SunEdison’s C-suite

The chaos continues at SunEdison, with Francisco “Pancho” Perez, the company’s chief operating officer and executive vice president, and Steve Tesoriere, an activist investor on SunEdison’s board of directors since 2012, both unexpectedly leaving the company with no explanation given.