Showing posts with label Renewable Energy. Show all posts
Showing posts with label Renewable Energy. Show all posts

Tuesday, March 10, 2009

Living Off The Grid

One of the surest ways you can go about reducing your carbon footprint is to aim to live off the grid. What this actually means is to live without the reliance on public utilities such as electricity and water.

One might wonder, then how to live off grid and the first step may well be to start producing your own electricity. Two simple domestic options are available to you. The first is solar panels installed on the roof of your house or other structure that enjoys full sun for a majority of the day. The second might be a wind turbine. Essentially you must generate more electricity than you use.

However you go about living off the grid, your energy consumption is going to have to be tightly managed and the electrical gadgets you use will be cut to a minimum. Unless you're already used to living a frugal lifestyle there are going to have to be some major lifestyle changes made.

One thing is for certain, if you make the choice to live off-grid you will soon develop a special affinity to the environment, perhaps appreciating the taste of organically grown vegetables on your own property. Living off-grid is one of the steps towards self-sufficiency and could be the source of major carbon footprint reductions for you and your family.

Tuesday, June 24, 2008

Geothermal energy gains momentum in India

Geothermal energy projects are going to be developed in India and Nepal thanks to renewable energy expert Glitnir, a Nordic bank which has teamed up with Bhilwara Group.

They will draw on their experience in financing and advising on geothermal energy projects around the world, the partnership will be a 60:40 one between Glitnir and LNJ Bhilwara Group.

Glitnir will be responsible for raising capital and supplying specialist consultants for projects to build geothermal power plants in India and Nepal. LNJ Bhilwara will bring its large-scale infrastructure and local experience to its 60 per cent share of the partnership.

Geothermal energy is a sustainable and clean energy source because it harnesses heat generated by the earth and is considered virtually inexhaustible. Unlike wind and solar installations, geothermal energy can run 24 hours a day, providing a higher and more reliable power yield.

India has planned for $475 billion of energy investments in the next five years in anticipation of the large energy demands created by India’s fast-growing economy.

Glitnir focuses on geothermal energy as one of three global market niches (the other two are the seafood and offshore supply industries). The investment and corporate bank has formed teams of specialist bankers which operate in 11 countries around the world including China, Scandinavia, the US and the UK.

Visit the Glitnir website for more information on Glitnir and geothermal energy

Note: definitely revisit the glitnerbank website for projects in progress.