After the Commonwealth Games floodlights have been switched off at the Thyagaraj Stadium, the complex will continue to light up around 1,800 homes.

The highlight venue of the

A top Obama Administration official said the U.S. oil and gas industry will survive a proposed repeal of billions of dollars tax preferences and there will be an insignificant impact on worldwide prices.

INDIA

Chinese government officials signed an agreement on Tuesday with First Solar, an American solar developer, for a 2,000-megawatt photovoltaic farm to be built in the Mongolian desert.

Lobbyist pressure will not weigh on a U.N. panel's decision whether to award carbon finance worth about 100 million euros ($144 million) to Chinese wind power projects, said the chair of the panel on Tuesday.

"If you add it all up there are quite a number of projects, all from China," Lex de Jonge told the Reuters Global Climate and Alternative Energy Summit, on a ruling due this week.

First Solar Inc said on Tuesday it plans to build the world's largest solar plant in China in the first major foray by a U.S. company into the Asian nation's fast growing alternative energy sector.

Hemas Power, a subsidiary of Hemas Holdings PLC, announced an Initial Public Offering for 31.3 million ordinary shares which will be listed in the Colombo Stock Exchange hoping to raise between Rs. 532 million and Rs. 626 million to fund projects in non-conventional renewable energy generation.

Mumbai Come march, Mumbai will have solar-powered streetlights. The Brihanmumbai Municipal Corporation has proposed to install solar panels on nearly 50,000 out of 1.25 lakh lampposts across the city.

Japanese oil refiner Showa Shell Sekiyu KK said it will invest $1.1 billion to build a new thin-film solar cell plant, as it chases First Solar in a growing market.

Showa Shell's 100 billion yen plant -- its third solar cell facility -- will boost its annual production capacity twelve-fold to 980 megawatts when it comes onstream in the second half of 2011.

Kirtika Suneja / New Delhi September 08, 2009, 0:46 IST

Will invest Rs 2k cr in photovoltaic biz after abandoning it earlier