India's NTPC to set up 300 MW solar capacity
MUMBAI, INDIA - India's largest utility, NTPC Ltd, said its board has approved setting up 301 megawatts of solar power generation capacity by March 2014.
The state run firm currently operates a majority of its installed capacity of over 30,000 MW through coal-fired power plants.
NTPC also said it would spend 5.64 billion rupees (US $120 million) to modernize two units at the Badarpur thermal power station.
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HOUSTON - One of America’s largest utility companies, Duke Energy, is set to release a report later this month that sketches a drastically changed electricity mix in a carbon-constrained future.
The big picture: Duke is the latest energy company to commit to releasing a report about climate change in response to investor pressure conveyed by non-binding but symbolically important shareholder resolutions. Duke provides electricity to more than seven million customers in the Carolinas, the Midwest and Florida.
Gritty details: The report is expected to find that coal, currently 33% of Duke’s mix, gone entirely from its portfolio by 2050 in a future…
