New and Proposed Ventures in Renewable Energy in India

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• Signet Solar plans to invest US$2billion over 10 years to set up three plants in India
• Tata BP Solar, a joint venture between the Tata Group and BP Solar of UK, expanded its Bengaluru plant with additional investment of US$100 million
• Moser Baer announced plans to build a plant manufacturing solar energy products costing US$250 million, with technology from Applied Materials Inc.
• US-based Cypress Semiconductor is considering a US$50 million plant in Hyderabad with SunPower Corp., in which it is a majority stakeholder
• SunTechnics Energy, Bengaluru-based subsidiary of SunTechnics Gmbh plans to expand its plant.
• Astonfield Renewable Resources (ARRL) has announced a US$2 billion plan in India over next 2 years in India, with a focus on solar power. ARRL is working with governments in West Bengal, Haryana, Gujarat and Bihar
• Wind power equipment maker Suzlon is entering solar energy sector in Gujarat and Rajasthan
• L&T plans to enter solar power generation and also extend its green technologies business to nuclear and hydel power
• Jyoti is looking at all renewable energy sources. It is in technology tie-ups with German and Dutch companies for wind energy. It plans to produce windmills without gear box of 850 KW

Read more on the Green Energy Sector in India at http://www.india-reports.com/summary/energy.aspx

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