Wind-solar hybrid project to aid India’s decarbonisation efforts

first_imgAccording to the Institute for Energy Economics and Financial Analysis, India’s solar-wind hybrid capacity is set to reach 11.7GW by 2023, and such facilities could play a major part in helping India reach its clean energy deployment goals. Generation The tender was awarded by the Solar Energy Corporation of India (SECI). Other winners in the 1.2GW SECI auction were ABC Renewable Energy, a subsidiary of Axis Energy, and AMP Energy, which secured 380MW and 130MW of capacity respectively and also received tariffs of INR2.41/kWh ($0.032/kWh). ACME Solar was awarded 90MW with a tariff of INR2.42/kWh ($0.033/kWh). This wind-solar hybrid project strengthens AGEL’s pioneer position for renewable energy hybrid projects in India. Hybrid projects are seen to enable optimal utilisation of grid infrastructure, lead to a more sustainable integration of renewable energy and works as a key enabler for growth of renewable power in India. Read more:India’s solar market looks promising after positive Q3GWEC India to help develop India’s vast wind power potential The fixed tariff for this project capacity is Rs. 2.41/ kWh ($0.032/kWh) for a period of 25 years. Vneet Jaain, CEO of Adani Green Energy: “Adani Green is committed to ramp up creation of a sustainable ecosystem for transitioning towards a greener future.” TAGSBRICSClean energydecarbonisationhybrid power solutionsIndiasolar energywind energy Previous articleTigray conflict could delay Grand Renaissance dam negotiationsNext article$15m earmarked for clean energy generation in sub-Saharan Africa Pamela Largue RELATED ARTICLESMORE FROM AUTHOR Adani Renewable Energy Holding Eight, a subsidiary of Adani Green Energy, has won a contract to build a 600MW wind-solar hybrid power project in India. Sign up for the ESI Africa newslettercenter_img Featured image: Stock. AFD and Eskom commit to a competitive electricity sector Finance and Policy Low carbon, solar future could increase jobs in the future – SAPVIA UNDP China, CCIEE launch report to facilitate low-carbon development The project is expected to be commissioned in 18 months from the effective date of PPA. BRICS He added that the wind-solar project “is in line with our ambition to achieving renewable power capacity of 25GW by 2025 and becoming the world’s largest renewable power company by 2030 and contribute significantly towards India’s decarbonisation targets.”last_img read more

Cost of owning a car in Vermont about US average, NH is cheapest

first_imgState Mississippi Vermont Business Magazine There’s a $7,216 cost difference between owning a car in Michigan ($15,314.53) and New Hampshire ($8,098), finds a new study from personal finance website GOBankingRates.com. Vermont ($10,739.32) is also much cheaper than Michigan, but in the middle of the pack nationally. The study considered the costs of six key factors affecting the expenses of owning a vehicle in all 50 US states and the District of Columbia.1. New Hampshire: $8,098One-time purchase costs: $25Annual ownership and usage costs: $2,691″New Hampshire,” the study says (see table of all states below), “is the cheapest state to own a car by far, with the total costs of buying and owning a car for three years coming in at $1,182 less than the next-cheapest state (Missouri at $9,280). New Hampshire is one of just four states that levies no sales tax on vehicle purchases. It also has low insurance premiums ($941 annually) and low maintenance and repair costs ($337 a year).”21. Vermont: $10,739One-time purchase costs: $2,046Annual ownership and usage costs: $2,898″Vermont residents pay some of the lowest prices for car insurance. The average $942 Vermont car insurance premium is $383 less than average insurance costs of $1,325, providing enough savings to make up for more expensive gas, car maintenance, registration fees and vehicle sales tax.”As of today, Vermont’s average gasoline price is $1.97, the US average is $1.99, New Hampshire is $1.87, New York is $2.08, and Massachusetts is $1.89. And it doesn’t matter if you are a Vermont or New Hampshire resident when buying a car in either state, because there is no sales tax applied at the time of the purchase, but it is when you register it in Vermont.Outside of the sticker price of purchasing or financing a new set of wheels, GOBankingRates.com evaluated the following expenses to generate a national ranking:Car sales taxTitle feesRegistration feesAverage annual car insurance premiumsAnnual gas expensesAverage car maintenance and repair costs”The common costs of owning a car outside of the car payment quickly add up — our survey found that the average costs of owning a car for three years is $11,227,” said Elyssa Kirkham, lead reporter on the study for GOBankingRates. “Typically, car owners should keep their costs low — around 15 percent of their income for the car payment, insurance, gas, and so on — which is trickier in states with higher car costs.”From most to least expensive, here is the complete state ranking: 28 Rank State $10,214.40 $10,984.00 Michigan $15,314.53 Alabama Vermont 39 $9,923.26 Indiana Total Cost for 3 Years of Ownership Colorado $10,409.89 49 Tennessee Nevada $9,280.24 25 $12,763.74 $10,681.65 Total Cost for 3 Years of Ownership New Jersey $13,484.11 $10,689.67 Wyoming $12,060.55 Oregon 12 48 18 New Hampshire Minnesota 11 21 $9,595.07 North Dakota Massachusetts Arkansas 7 $11,041.66 $12,895.61 Connecticut $10,972.11 $11,822.62 8 $13,561.06 $10,476.13 34 43 41 17 $12,695.68 Missouri 20 $10,739.32 $10,627.63 Washington $9,866.27 $12,612.92 36 Additional Insights:New Hampshire, Oregon, Alaska and Montana are the only states that don’t levy sales tax on vehicle purchasesMissouri’s average gas price of $1.59 per gallon is the lowest in the nationThese western states claim the highest gas prices in the country: Hawaii, California, Alaska, Nevada, andWashington.8 of the 10 least expensive states to own a car are coastal states.Methodology: To generate these rankings, GOBankingRates surveyed and totaled the cost of buying and owning a car for three years in all 50 states and D.C. This total included six key car expenses:Car sales tax, based on rates provided by CarMax.com(link is external) and calculated on the average car transaction amount of $33,543 in August 2015 as reported by the Kelley Blue Book(link is external).Title fees, as reported by the National Conference of State Legislatures(link is external).Registration fees, as reported by the National Conference of State Legislatures(link is external), calculated annually.Average annual car insurance premiums, sourced from Insured.com’s 2016 report on car insurance rates by state(link is external).Annual gas expenses, based on an average of historical regular gas prices in each state sourced from AAA’s Fuel Gauge Report. The expense was calculated based on the assumption of a driver filling up a 14-gallon tank once a week.Average car maintenance and repair costs in each state, sourced from CarMD’s 2014 State Repair Cost Rankings(link is external).For title and registration fees are based on car statistics, GOBankingRates assumed a car value of $33,543, an average weight of 4,000 lbs and a model year of 2014. Car sales tax and title fee were counted once each, while recurring annual costs of registration fees, insurance premiums, gas expenses and car maintenance were each counted three times for three years. This generated the total costs of buying and owning a car in each state, and states were ranked according to this total to find the least and most expensive.GOBankingRatesGOBankingRates.com is a leading portal for personal finance and consumer banking information, offering visitors the latest on everything from finding a good interest rate to strategies for saving money, investing for retirement and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Forbes, Business Insider, Daily Finance, Huffington Post and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide.LOS ANGELES, March 21, 2016 /PRNewswire/ — GOBankingRates 9 Louisiana 26 Hawaii $11,290.70 District of Columbia 13 Ohio Pennsylvania Iowa 38 $13,210.64 Utah $10,625.40 $10,878.60 27 $12,078.40 Rank $10,392.23 Texas 35 23 Montana $11,781.63 $10,303.56 $11,882.37 Oklahoma Alaska 29 $9,696.00 32 16 45 South Carolina 42 Nebraska Idaho 3 Virginia $9,602.97 1 44 California 5 $11,081.83 Kansas 31 47 $11,124.29 46 $14,451.58 $11,470.38 Delaware 24 33 6 West Virginia $11,340.77 $11,745.74 51 $11,318.43 4 New Mexico $9,813.85 North Carolina 30 10 22 19 37 Rhode Island Wisconsin $9,570.90 $8,098.00 2 $10,859.14 14 Maine $9,447.94 South Dakota Illinois New York 50 $11,672.91 $10,638.45 Kentucky Florida $12,925.76 15 40 $11,540.36 Maryland $11,003.15 Arizona Georgialast_img read more

InterUrban ArtHouse acquires Overland Park Post Office building across the street to provide space for expansion

first_imgRendering of the new gallery space planned for the InterUrban Arthouse.The InterUrban ArtHouse, a cultural anchor in downtown Overland Park for five years, has bought the post office building across the street to allow a major expansion of its arts programs and studio space.Angie Hejduk, chief operating officer for the ArtHouse, said the acquisition of the 10,000 square-foot post office building at 8010 Conser St. was completed with the help of a $160,000 grant from the City of Overland Park.Other funding for the purchase: Anonymous, $100,000; Regnier Foundation, $75,000; Howard Jacobson, $20,000; Hal Shapiro, $10,000, and Sunderland Foundation, $100,000.Plans call for the U.S. Post Office to downsize its current operation and continue to operate a 1,000 square-foot retail facility in the building.Rendering of the community porch planned for the new InterUrban Arthouse.The remainder will be converted to a dozen studios, classroom and exhibition space, and a coffee shop. The loading dock will become a “community porch.” The move also will allow InterUrban to meet the needs of people with disabilities.Hejduk estimated the cost of the renovation at about $500,000. A fundraising effort is underway. The InterUrban ArtHouse purchased the post office building debt-free and wants to complete the renovations without debt as well. The organization currently is in rented space across the street at 8001 Conser.Owning its own space and avoiding the uncertainty of rent increases was one of the goals when Nicole Emanuel founded the ArtHouse. “She came to Kansas City with her family and found that there were only a few artist spaces in this area,” Hejduk said. “She reached out to the community and over 100 artists showed up…by owning the building, we can control our rent.”Hejduk said the InterUrban ArtHouse has been a contributor to the renaissance currently occurring in downtown Overland Park. The retail district is thriving and developments totaling more than 500 apartments are in the pipeline.“We’ve been here for several years and feel we’ve been a key component of the cultural landscape,” she said. “That’s why people are developing and creating more living options.”Hejduk also praised the City of Overland Park for its help acquiring the post office building.“The city made a substantial endorsement of arts programming in this community,” she said.The ArtHouse will continue utilizing its former rented space at 8001 Conser. A new middle school for the arts is in the works there as well, and students at the school are expected to take classes at InterUrban ArtHouse.The first event planned for the new space will be a TEDxOverland Park grand opening on the theme of Systems. It will be March 2, 2017 at 2 p.m.The InterUrban ArtHouse has acquired the post office building at 8010 Conser St. in downtown Overland Park.last_img read more