Renewable Energy India 2011: 10 reasons to attend

1 - South Asia’s largest B-2-B expo on renewable energy spanning 2, 20,000 square feet

2 - 660 exhibitors from 32 countries showcasing their latest products and services at the exhibition

3 - Cutting edge technologies on display from industry leaders in the fields of Solar PV, Solar Thermal, Wind, Bio and Energy Efficiency

4 - Opportunity for one-to-one business meetings forging collaborations, sourcing, technology transfers, JVs and investments

5 - Concurrent conference sessions with over 200 high profile global speakers from the industry and national & international governments

6 - Concurrent workshops by Cleantech Finland, Polish Chamber of Commerce, Canadian High Commission and Astonfield Renewables

7 - Panel discussion on “Indian Clean Energy Sector: A $20bn Opportunity”, moderated by Bloomberg New Energy Finance

8 - CTO / CEO conclaves to deliberate on the emerging opportunities in the Indian renewable energy sector

9 - Country Pavilions from Belgium, British Columbia, Canada High Commission, Korea and Poland, etc.

10 - 5 of the top 10 global solar PV companies will be present
http://www.renewableenergyindiaexpo.com

The Solar Future: India

In 2010 India launched the National Solar Mission, which aims to install 20,000 MW of solar installations by 2022. This ambitious goal opens a whole spectrum of new solar PV business opportunities. India is a fast growing country and economy, with permanent electricity shortages. New power plants have to be built in order to sustain further rapid growth. The country has a very high amount of sunshine and its land and labor are relatively cheap. All of this makes India one of the most logic places on earth for large scale solar PV application.

The Solar Future: India conference will feature many expert speakers from the industry itself, the financial institutions, the industry associations and the government. The combination of their knowledge and the audience's expertise and participation will provide a platform where all of these questions will be answered. Learn how to get started tomorrow: building your own manufacturing plant, your business or project.
http://www.thesolarfuture.in/

Indian Renewable IPP Greenko gets 46 M$ funding from GEF

Private equity firm Global Environment Fund (GEF) announces the completion of an investment of $46.3 million in Greenko PLC, which is based in Hyderabad, India. Greenko is one of India’s largest independent power producers focused exclusively on renewable energy generation through the development, acquisition, construction, and operation of run-of-river hydro and biomass-fired plants. GEF is the only non-public investor and holds two seats on the Board of Directors of the company’s Mauritian subsidiary.

Since its formation in 2006, Greenko has sought to be a premier clean energy player in India, with a diverse portfolio of scaled renewable energy assets. GEF’s investment will accelerate the company’s growth objectives as it addresses the massive shortfalls in power supply needs in India in the coming years.

Anil Chalamalasetty, Chief Executive of Greenko, said, “We are delighted to receive funding from Global Environment Fund which shows confidence in Greenko’s business model and its long-term ambition to be a leading clean energy player in the fast growing Indian economy and energy markets. We believe GEF’s experience in investing in clean energy projects in other emerging economies will be a good value addition to the platform.”

H. Jeffrey Leonard, President, Chief Executive Officer and Founding Partner of GEF, commented, “GEF is pleased to enter into a long-term partnership with Greenko, a leading and scaled renewable energy platform in India with a robust pipeline of expansion opportunities. Consistent with GEF’s investment strategy, Greenko represents a proven management team that should help meet India’s need for sustainable sources of power in the future.”

CIIE calls for Partners in the Renewable Energy Space - New Clean Energy Fund in India

CIIE is an initiative to promote innovation-driven entrepreneurship and has been set up as a collaborative effort between Gujarat Government, IIM Ahmedabad and Government of India. The "Renewable Energy Search" (www.re-search.in) is an attempt to identify and build feasible solutions to overcome the energy challenge being faced by India. This initiative is endorsed by Ministry of New and Renewable Energy (Government of India) and several other stakeholders in the clean energy space.

As part of its new early stage Clean Energy fund, CIIE is looking to partner with researchers, innovators and entrepreneurs in the Renewable Energy space from all parts of the world. CIIE offers incubation; funding and mentoring are some ways in which we support our investee companies.

CIIE would like to reach out to professionals who may be working in the energy sector globally or who are interested in entering the energy sector in India. In addition, CIIE would like to leverage the technical expertise of the members who may be interested in building solutions to India's energy problems.

Please contact: Phanindra Pappu - Program Director, RE- Search - Centre for Innovation Incubation and Entrepreneurship - IIM Ahmedabad, Vastrapur, Ahmedabad – 380015 - Gujarat - tel: +91-79-66324204; Phanindra@iimahd.ernet.in
http://www.re-search.in/

3rd Renewable Energy India 2009 Expo

Starting today, the 3rd Renewable Energy India 2009 is a global platform to showcase the potential of power generation using renewable resources. The expo, adorning 3-day long concurrent conference sessions, is intended to be a forum to nurture business contacts, imbibe latest technological trends and prepare for the exponential growth of this sector in India.
August 10-13 2009, Pragati Maidan, New Delhi, India
http://www.renewableenergyindiaexpo.com/

Clear Skies Solar Signs LOA for $20 Million Solar Energy Deal in India

Clear Skies Solar, Inc. (OTCBB:CSKH) today announced a $20 million agreement, subject to financing, with Power Cube, a company located in Utter Pradesh, India to develop and construct the first of several solar energy projects in India.

In this project, which is Clear Skies Solar's first step into the international arena, the company will design and construct a multi-megawatt solar power system that will supply power to a steel
mill and support the community's energy grid system, providing much-needed energy on this particular line.

"We recognize that the continued use of fossil fuels negatively impacts both the economy and the environment," said Power Cube Chairman Mohan Kejriwal. "As such, Power Cube is determined to meet a portion of India's energy requirements by developing several large solar photovoltaic projects (PV Projects) which will generate electricity from sunlight."

"India represents the first of many untapped markets that Clear Skies Solar plans to enter in 2008 and 2009," said Ezra Green, Chairman and CEO of Clear Skies Solar. "Recognizing the role that solar power will play in the global search for cleaner and more abundant energy sources, Clear Skies Solar has built the infrastructure necessary to support this type of international expansion and to develop large-scale projects at an accelerated pace in order to support global power needs."

"While international projects pose special challenges for solar energy providers, such as identifying proper high voltage lines and the ownership of the property for the system to be installed," added Green. "Our unique ability to overcome such challenges makes Clear Skies Solar the natural choice for clients with challenging power needs."

"Clear Skies Solar has shown that it has the ability and innovative construction techniques to execute this contract, and we look forward to this project beginning in October of 2008," added Kejriwal. "It is the goal of both parties to complete the construction of the five megawatt PV Project and for it to be operational before March of 2009."

Clear Skies Solar will provide the technology, engineering and construction services needed to create the PV Project and will also be prepared to provide the operation and maintenance services needed.