Monday, June 20, 2016

Renewable Energy

By using renewable energy sources like solar energy, we also reduce our dependence on fossil fuel gas and oil reserves, which are becoming more expensive and difficult to find. It also reduces our dependence on imported fossil fuels, improving our energy security.

Renewable energy is energy generated from natural resources—such as sunlight, wind, rain, tides and geothermal heat—which are renewable (naturally replenished).

Renewable energy technologies range from solar power, wind power, hydroelectricity/micro hydro, biomass and bio-fuels for transportation.



News:

Hong Kong based CLP Group has forayed into the Indian solar energy market by acquiring 49% stake in Suzlon Energy's 100 mw project in Telangana, the two companies said in a joint statement Monday. 

While the two companies will develop the project at Veltoor in Telangana in a joint venture, under s special purpose vehicle namely SE Solar, CLP India will have the option to acquire the balance 51% stake later. ET had first reported the deal on May 30. (Read more: CLP set to buy Suzlon's Rs 800 crore Telengana project for India solar debut ) 

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