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Solar energy report by IT Power Group released

EM NEWS BUREAU ,  Friday, June 24, 2011, 11:42 Hrs  [IST]

Untitled - 21.jpgWith India poised to become the lead market in sustainable energy solutions, there is a massive skills shortage that is hampering progress in this sector. To cater to the industry's need of the hour, IT Power Group, a leading international energy consultancy in the sustainable energy sector conducted a three-day technical workshop on Concentrated Solar Power Plants (CSP) that witnessed an unprecedented gathering of thought leaders from the public and private sector. Supported by the Ministry of New & Renewable Energy the workshop took place from 18-20 May 2011.

The inaugural training workshop was well received by all participants and provided incisive networking and knowledge exchange over three days.

Among the many highlights was the launch of the highly anticipated CSP report that was commissioned by the Australian Government's Department of Climate Change and Energy Efficiency and authored by the IT Power Group. Fielding a panel of experts presently active in the CSP field, the workshop delivered leading-edge techniques and provided technical know-how to the eager audience.

From policy regime and CSP deployment in India, to CSP technologies and the financing of solar thermal power plants, the workshop concluded with a site visit to two operating solar thermal plants, providing the perfect blend of theory and practical. R. Chandrasekar, Group CEO, IT Power Group, said, "There is a huge dearth of qualified manpower in India in the power sector, especially in the renewable energy space. IT Power Group, as one of the oldest global players in this space wants to make sure that it takes a lead role in ensuring that this bottleneck does not hurt the industry's growth. Hence, we have started a training vertical that will focus on alleviating this manpower shortage."

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Sundram Fasteners to make wind power parts
In what could be its first diversification out of the automotive sector, TVS Group company Sundram Fasteners has proposed to set up a plant for manufacturing fasteners used in wind power equipment. To be set up with an investment of `50 crore, the plant will come up in Tamil Nadu, close to the Union territory of Puducherry. The estimated market size of these fasteners is around `300 crore per year. Sundram will source technology for the new parts from Peiner Umformtechnik of Germany, which Sundram had acquired in late 2005.
 
                 
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