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Sat07262014

The truth about the forthcoming endangered cities

The truth about the forthcoming endangered cities

Gone are the days when the term ‘endangered’ was being cascaded to animals or di...

Elemooni: Eco-friendliness for kids

Elemooni: Eco-friendliness for kids

A new group of nano explorers could change the way children learn about positive...

R.E.S. Americas orders 166 MW-worth of wind turbines from Vestas

R.E.S. Americas orders 166 MW-worth of wind turbines from Vestas

Wind turbine manufacturer Vestas has received an order from Renewable Energy Sys...

N.R.D.C. fights back, counters discrediting advertisements through TV ads

N.R.D.C. fights back, counters discrediting advertisements through TV ads

New York-based environmental advocacy group Natural Resources Defense Council ha...

North Caucasus hydropower to increase with three new projects from RusHydro

North Caucasus hydropower to increase with three new projects from RusHydro

Three small hydropower plants developed by RusHydroare set to begin construction...

Discrediting advertisements on carbon pollution standards outrages organizations

Discrediting advertisements on carbon pollution standards outrages organizations

The Natural Resources Defense Council, and more than two dozen organizations, is...

Supercritical steam for super productive solar thermal plants

Supercritical steam for super productive solar thermal plants

By using supercritical steam, solar thermal power plants could produce enough en...

Business

Technology

Minimizing the glare of L.E.D. lights for safer night time driving

Minimizing the glare of L.E.D. lights for safer night time driving

Wednesday, 23 July 2014

While the use of light emitting diode technology or L.E.D.s are rising – mostly due to their energy-efficiency – there is some concern that the harsh ...

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Politics

Living Green

Painless solutions to achieving sustainability democracy

Painless solutions to achieving sustainability democracy

Wednesday, 23 July 2014

This famous sustainability quote of Aldous Huxley, can tell us a lesson: to stop destroying our environment because it takes a lot of hard work to rep...

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Renewables

Low-Carbon

Tips on cutting costs in the construction industry

Tips on cutting costs in the construction industry

Wednesday, 23 July 2014

The term ‘cost-cutting’ is usually looked upon with overriding feelings of doubt, uncertainty, anxiety, and generally as a period of impending hardshi...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Tata Power’s 25 MW solar farm in India gets enough funding to move forward


Tata Power, India's oldest and largest private power company, has secured enough financing agreements to back a 25 megawatt solar photovoltaic power plant it is currently developing at Mithapur, Gujarat.

Tata's financing comprises of equity valued at 110 million rupees ($2 million) and loans of 255 million rupees ($4.1 million). The project costs approximately 365 million rupees ($6.7 million) in total.

The loans and equity came from numerous sources, including the State Bank of India and Export Import Bank of India with SBI Capital Markets Limited acting as the sole financial advisor and arranger, according to a statement.

Tata Power Renewable Energy Limited, the company's subsidiary, has signed a power purchase agreement for the project with Gujarat Urja Vikas Nigam Limited, expecting the solar farm to be online by year end. (Oliver M. Bayani)



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