The Asian Development Bank (ADB) is committed to helping achieve access to energy for all people in the region. The stories in this publication

New Delhi: Though cyclone Aila has ravaged Sunderbans, it has failed to cut it off completely from the mainland. Phones and a weather warning and climate adaptation system are still functional

Recent share placements by renewable energy companies suggest the industry has passed through a financial bottleneck, but investor appetite for further stock sales could vanish as quickly as it surfaced.

The definition of renewable energy seems clear cut: The sun continues to shine, so solar energy is renewable. The wind continues to blow, so wind turbines churn out renewable power.

Aarti Dhar
NEW DELHI: The government intends to make mandatory the use of solar heating systems in all functional buildings under the first phase of the proposed National Solar Mission.

Suntech Power Holdings Inc and ReneSola Ltd lowered their full-year forecasts on Thursday as the credit crisis has choked off funding for renewable energy projects, sending shares of the Chinese solar power companies down sharply.

K Subramanya
Although interrupted A by the current glob A al slowdown, the Indian economy needs to return to the growth rates of 8-9 per cent p.a. of the last 4 years. If we have to lift out of poverty the 400 million fellow Indians who live on less than one dollar a day, the growth rates need to continue and scale even greater heights.

Chinese solar company Suntech Power Holdings Co Ltd said it was starting a 1.5 megawatt rooftop solar system project in Jiangsu province in China and the project is expected to be eligible for subsidies by the Chinese government.

The photovoltaic module maker said it was building the system in HuaiAn City with state-owned Jiangsu Guoxin Asset Management Group.

The government is likely to take initiative to make the installation of solar power system easier and cost effective in urban areas so people could cope with the mounting power crisis.

Sources said the government is eager to simplify solar power equipment import and offer special bank loan for its import and installation.

German solar companies that have not yet set up US and Chinese production plants are likely to lose out on significant subsidies and will struggle to bring down their production costs to the levels of their Asian peers.

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