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India to shoot for 100GW solar target
NOVEMBER 19, 2014 3:15PM
India’s energy minister Piyush Goyal wants the nation's 2022 solar target enhanced fivefold to 100GW, PV-Tech reports, citing several news services.
The minister in August said “Renewable power is the future of the country and will be supported fully" as he announced the government was freeing up land for utility-scale projects, the website says, as part of Prime Minister Narendra Modi’s ambitious electricity for all vision.
The announcement comes after analysis earlier this week found rooftop solar on track to reach grid parity this year, which follows September analysis released by Tata Power Solar and Bridge to India that the country could see 145GW of solar capacity by 2024 as it overtook coal on price, PV-Tech says.
“The rooftop market presents a vast opportunity. The potential in India is easily in excess of 100GW," Bridge of India director Tobias Engelmeier said. "So far, only a tiny fraction of this opportunity has been tapped. As the economics of electricity will continue to shift in favor of local solar solutions, I am convinced that we will see phenomenal growth in the next five years."
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(19-11-2014, 08:40 PM)greengiraffe Wrote: India to shoot for 100GW solar target
NOVEMBER 19, 2014 3:15PM
India’s energy minister Piyush Goyal wants the nation's 2022 solar target enhanced fivefold to 100GW, PV-Tech reports, citing several news services.
The minister in August said “Renewable power is the future of the country and will be supported fully" as he announced the government was freeing up land for utility-scale projects, the website says, as part of Prime Minister Narendra Modi’s ambitious electricity for all vision.
The announcement comes after analysis earlier this week found rooftop solar on track to reach grid parity this year, which follows September analysis released by Tata Power Solar and Bridge to India that the country could see 145GW of solar capacity by 2024 as it overtook coal on price, PV-Tech says.
“The rooftop market presents a vast opportunity. The potential in India is easily in excess of 100GW," Bridge of India director Tobias Engelmeier said. "So far, only a tiny fraction of this opportunity has been tapped. As the economics of electricity will continue to shift in favor of local solar solutions, I am convinced that we will see phenomenal growth in the next five years."
That is good news, hopefully company like solarcity will sprung up all over the world.
http://www.solarcity.com/
Finding the Value in a Speculative World
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A relevant article on solar plan in India...
Cheap electricity thwarting solar plans in India
NEW DELHI — The villagers of Dharnai in northern India’s Bihar state had been living without electricity for more than 30 years when Greenpeace installed a microgrid to supply reliable, low-cost solar power.
Then, within weeks of the lights flickering on in Dharnai’s mud huts, the government utility hooked up the grid — flooding the community with cheap power that undercut the fledgling solar network. While Greenpeace had come to Dharnai at Bihar’s invitation, the unannounced arrival of the state’s utility threatened to put it out of business.
“We wanted to set this up as a business model,” said Mr Abhishek Pratap, a Greenpeace campaigner overseeing the project. “Now we’re in course correction.”
Competition from state utilities, with their erratic yet unbeatably cheap subsidised power, is scuppering India’s efforts to supply clean, modern energy in a country where more people die from inhaling soot produced by indoor fires than from smoking.
...
http://www.todayonline.com/chinaindia/in...lans-india
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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even more low cost method, just use some everyday household bleach empty pepsi cola bottle
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Shale gas to put oil and coal into shade
Angela Macdonald-Smith
560 words
18 Nov 2014
The Australian Financial Review
AFNR
English
Copyright 2014. Fairfax Media Management Pty Limited.
Growth prospects for oil and coal in the Asia-Pacific are set to slump dramatically over the next two decades as the investment focus shifts to shale gas and renewable energy, largely driven by environmental pressures, according to law firm Norton Rose Fulbright.
Oil will go from having among the greatest growth potential over the next five years, of 37 per cent, to just 11 per cent over 20 years.
Coal's growth will tail off from 14 per cent over five years to 4 per cent over the next two decades.
The shake-up in the region's energy mix will be driven by the heightened need for industry to meet demand from a rapidly urbanising and upwardly mobilising population for low-cost but cleaner energy, the firm said. The outlook for coal's declining dominance was confirmed in the landmark pact signed last week by China and the US to cut greenhouse emissions.
The findings, released overnight by Norton Rose Fulbright, are based on a survey of 100 key players in the Asia-Pacific energy market, including producers, private equity firms, investment banks and sovereign wealth funds.Shale will prevail
Taking a 10-year time frame, shale gas will have overtaken both coal and oil to offer the greatest growth potential in investment, thanks to new technologies imported from the US such as horizontal drilling and hydraulic fracturing.
Stretching the time frame to 20 years, shale gas still dominates in terms of growth potential, but closely followed by solar and nuclear, with coal having slid back sharply.
In shale gas, initial investment would be focused on receiving terminals for US LNG, before shifting in some countries to the development of indigenous shale gas to improve energy security, said Vincent Dwyer, head of Asia-Pacific energy at Norton Rose Fulbright.
Mr Dwyer pointed to recent deals, such as between China's Sinopec Group and US oilfield services company Weatherford International, aimed at importing US technology to tap China's shale reserves in the longer term.
"Technology will play a key, even disruptive, role in the search for affordable energy in a lower-carbon and more energy-efficient environment," he said.
The study said oil and coal would still be important, particularly coal in Indonesia, Vietnam and other emerging markets where economic growth outweighs environmental concerns. For nuclear power, the growth outlook is limited in the next five years, more significant in the longer term, particularly in China, South Korea and India.
In terms of near-term investment in technologies, enhanced oil recovery is expected to see the most investment, ahead of sub-sea technologies and unconventional gas.
The survey found that M&A would be driven by chasing technology and reserves, and that a substantial 88 per cent of respondents expected an increase in energy takeover activity in the next 12 months, following a global pick-up in deal flow in the sector.
However, regulatory issues are seen as a significant hurdle to energy M&A.
"The question that governments will need to face is how to start to harmonise regulatory regimes that facilitates and simplifies M&A risk," Mr Dwyer said.
In Australia, deal flow is expected to be focused on energy infrastructure, through asset sales and privatisations, he added.
Fairfax Media Management Pty Limited
Document AFNR000020141117eabi0001f
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I for one prefer gas! 
Up up away! 
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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World's largest solar plant fires up
JOHN CONROY DECEMBER 03, 2014 1:00PM
The largest solar plant in the world, First Solar's 550MW Topaz in California, started full production this week after just two years of construction, Solar Love reports.
According to the website, electricity from Topaz - which is located between LA and San Francisco, in San Luis Obispo County - will be purchased by Pacific Gas and Electric. The plant has 9m First Solar panels, and will power up to 160,000 homes at its peak in a country of 276,000. Up to $US400,000 in property taxes each year will be paid by the project owners, Solar Love added.
The plant has been gradually coming on line since February last year. The second largest fully operational solar farm is China's 329MW Longyangxia Dam Solar Park. Another 550MW First Solar Californian facility, Desert Sunlight, is due for final completion next year.
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ok, so climate change and all becomes cloudy, so how? solar power?
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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(04-12-2014, 10:47 AM)cfa Wrote: Oil jumps after surprise U.S. supply decrease
http://www.marketwatch.com/story/oil-fut...MW_popular
The oil price is harder to predict than stock market indexes...
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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