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New executive adds muscle to government affairs team

New Delhi, Delhi, India, Wednesday, February 13, 2013 -- (Business Wire India) -- Astonfield Renewables is pleased to announce the appointment of Mr. B.K. Halder as Vice Chairman. Mr. Halder will assume an Executive Role to assist in Government Affairs and all Astonfield's Business Development within the framework of various provisions of the Electricity Act 2003, Rules, Regulations and different Guidelines of the Central and State Governments.

Read more: Astonfield Taps Former Chairman, Bihar Electricity Regulatory Commission, B.K. Halder to be Vice...
 
Power Topics» Category: Organizations and Associations
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New Delhi, 11 Mar, 2015: Heraeus continues to strengthen its technology portfolio for the development of metallization paste for solar cells with their co-ownership with Shoei Chemical Inc. of patents TWI453930 and TWI432539. Both patents have a priority date of October 28, 2009. This co-ownership with Shoei provides Heraeus with a strong intellectual property position in the development, manufacturing and use of pastes having tellurium glass frit in the paste compositions. Along with Taiwan, these patents have granted counterparts in key pv markets such as the US, China and Japan.

Glass frit is a key component in the formulation of metallization pastes. Glass frit enables the bond between the silicon substrate and the metal conductor. The typical glass frit used is lead containing borosilicate glass. Though lead free glasses such as zinc borosilicate and bismuth borosilicate glass frits have been used, they do not possess the proper characteristics for ideal firing-through of the antireflective coating and contact formation to the silicon substrate. However, lead free tellurium glass frit has the benefits of a low melting point, and easily dissolves solid silver in solution. Metallization containing tellurium has also demonstrated improved electrical contact to silicon substrates.

"The integration of this technology from Shoei into our existing technology will allow Heraeus to even further improve the contacting characteristics of our existing pastes and our ability to provide the market with new pastes for crystalline solar cells," according to Dr. Weiming Zhang of the Heraeus Photovoltaics Global Business Unit. He continues to state. "We will be able to develop higher preforming metallization pastes for a variety of cell applications. For example, the lower melting point of the tellurium glass frit provides advantages to PERC cell processing, which requires lower firing temperatures."The above mentioned patents have embodiments for the use of metallization pastes which include 25 to 90 mol% of tellurium oxide in the glass frit. These patents also concern the use of pastes having leaded or lead free tellurium glasses.

"Our goal is to develop and possess technologies that will add value to our customers' products. The partnership with Shoei Chemical helps Heraeus strengthen our thick film and PV paste portfolio to deliver better products to our customers," said Andreas Liebheit, Head of Heraeus Photovoltaics Global Business Unit. He also states, "Heraeus will continue its tradition of investment, innovation, technology development and collaboration for the advancement of the photovoltaics industry. The ultimate goal for the investments in technology made by Heraeus is to successfully provide a differential advantage for us and our customers, and we are willing to protect our rights against competition for the long term benefit of the industry."

 
Power Topics» Category: Organizations and Associations
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New Delhi, Mar 21, 2015 - KPMG today published a paper aimed at helping private and public sector organizations to overcome challenges commonly experienced when issuing green bonds.

The paper – Gearing up for Green Bonds – is published as part of KPMG’s Sustainable Insight series. It addresses five key questions for issuers:

  • Should we label our bond ‘green’?
  • How do we define what makes the bond ‘green’?
  • What should we report on after issuing a green bond?
  • What type of external assessment should we seek?
  • How can we avoid accusations of ‘greenwash’?

The paper also provides readers with an overview of evolving green bond frameworks and standards including the Green Bond Principles, Climate Bonds Standard and green bond indices. It provides practical advice on defining a green bond, choosing the right level of external assessment and protecting the issuer’s reputation and the credibility of the green bond.

Adrian King, Global Head of Sustainability Services at KPMG, said, “The green bond market is growing rapidly with US$100 billion of issuances predicted for 2015. Perhaps inevitably in a new and fast-growing market, standards and ideas of best practice are still evolving. Challenges and confusion can arise as organizations assess whether issuing a green bond is the right course of action for them and seek to understand the process involved.

“KPMG member firms increasingly support clients on green bonds issuance in both advisory or assurance capacities. There are a number of questions that we are typically asked. We have addressed these in our new paper and hope this is a useful resource for any organization embarking on a green bond journey.”

KPMG member firms have provided advice and independent third-party assurance to some of the first organizations to issue green bonds across the world including clients in Australia, India and the UK. KPMG was the first major accountancy firm certified to provide green bond verification to the Climate Bonds Standard and member firms continue to play a role in the development of market standards and guidance.

 
Power Topics» Category: Organizations and Associations
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New Delhi, 26 Mar, 2015: Egypt has captured the headlines and attention of the solar industry the last several weeks. With 2.3 GW of power to be generated by photovoltaic energy in the next couple of years, the world is taking notice; major international players are coming to Egypt, forming key relations with local enterprises to make this ambitious goal a reality.The Egyptian government recently concluded the international Economic Development Conference in Sharm el-Sheikh with hopes of attracting $60 billion dollars in foreign direct investment, including billions for renewable energy. As a result, there has been a wave of announcements from the solar industry declaring gigawatts of development and billions of dollars in investment, not only in PV power plants, but also in manufacturing facilities, research and development, and training.

Egypt's Ministry of Electricity and Renewable Energy has already begun to establish favourable policies and a regulatory framework to help make solar energy a true alternate large-scale source of Egypt's energy mix.Egypt SIA's new market report provides detailed insights on the latest solar market developments as well as in-depth perspectives from some of the key stakeholders, including regulators, laws firms, developers and EPC contractors who are active in the emerging Egyptian solar energy market.How easy will it be for international solar developers set up special purpose vehicles in Egypt and secure land plots for their projects? Which banks are expected to provide financing? Which PV system components are going to be locally sourced and which parts are likely to be exported in the first batch of power plants? These are some of the questions that are answered within the report.

In addition, the report offers a unique outlook on solar developments beyond the feed-in-tariff scheme; tracking opportunities in various industries and governorates across Egypt. Finally, an extensive list of local solar energy firms is included with a description of their activities.

 
Organizations and Associations» Category: State Government Power Boards
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Karnataka has a significant renewable potential of around 20GW (excluding solar), however, only capacity of 3.2GW has been explored till date. This shows up a huge potential for development of RE projects in the state subject to more enabling implementation framework

In view of the increasing electricity supply shortages, renewable energy (RE) has been identified as a key contributor to the sector. Ministry of New and Renewable Energy (MNRE) at the central level and KREDL (Karnataka Renewable Energy Development Limited) at the state level has been appointed as nodal agencies to create an investor friendly environment for development of renewable projects.

Solar and Wind technologies are the two leading renewable sources which have recently experienced large scale development across the country. Karnataka is one such state where significant potential has been identified although the development has been slow to reach its potential. The government has shown its intent to promote RE technologies in the state through specific policy support to achieve accelerated capacity addition. However, these policies have fallen short of its expectation and state would require enabling framework to achieve the desired result.

Karnataka has a significant renewable potential of around 20GW (excluding solar), however, only capacity of 3.2GW has been explored till date. This shows up a huge potential for development of RE projects in the state subject to more enabling implementation framework.

The CII Karnataka Conference on Power at Bangalore served as a platform to assess the present scenario and gaps in the existing policy and implementation framework. The tremendous opportunity to identify new business opportunities, network and learn from leading practioners in the energy space is eagerly awaited by all concerned.

 
Organizations and Associations» Category: State Government Power Boards
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Firms have committed to set up 200 GW of capacity which requires up to $200-b investment

New Delhi, Feb 21, 2015

The Central Government has started discussions with States for bringing them on board for meeting the target of setting up 100 GW of solar power by 2022.

“Talks are on with 7-8 States where there is significant solar energy potential. We are looking at whether we can have some common and simplified way to set up solar plants,” Power, Coal and New & Renewable Energy Minister Piyush Goyal said on Wednesday.

Goyal was speaking ahead of Re-Invest 2015, the global investor meet for the renewable energy sector being organised by the Ministry of New and Renewable Energy.

There are commitments from companies to set up 200 GW of renewable energy capacity which would require investments of up to $200 billion, Goyal said.

The Minister said about 30-35 per cent of investment in the renewable energy sector to meet the target of 100 GW capacity will come from foreign funds either in the form of debt or equity.

“If $100-billion investment is required for 100 GW then around $30-35 billion should come from foreign investors in the form of debt or equity,” he said.

Land availability

Asked about the land availability issue, Goyal said the Government could contemplate a model where land owners are made stake holders in the project to give them an annual or monthly rent which can be raised annually.

The Government has set a target of having 100,000 MW or 100 GW of solar power by 2022. Of this, 40,000 MW will come from rooftop solar projects, 20,000 MW from solar parks and another 20,000 MW from off-grid plants set up in remote areas, Goyal said. India currently has between 3,000 and 3,500 MW of solar power capacity.

Tariff issues

The Minister said the government plans to have renewable energy based spinning reserve. The country is facing stranded gas-based power capacity of nearly 16,000 MW.

On the issue of solar power achieving grid parity or same tariffs as thermal power, “I think over the next few years this will keep fluctuating. Coal-based power generation costs will go down because of the coal auctions, but that wouldn’t be a big issue as we are also looking at bundling and selling coal and solar power together through NTPC Vidyut Vyapar Nigam Ltd, the power trading arm of NTPC,” he said.

 

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