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Energy efficiency schemes by BEE led to savings of Rs 54,770 crore: Parl Panel

By : Sustainability ..., Mar 25, 2020

The Parliamentary Standing Committee on Energy has said the energy efficiency schemes implemented by the Bureau of Energy Efficiency (BEE) over years have led to total savings of around Rs 54,770 crore even as its budgetary allocation was found to be insufficient over years....

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New Energy Nexus and cKers Finance grow partnership to build new distributed solar segments in India

By : Sustainability ..., Mar 11, 2020

SAN FRANCISCO– March 10, 2020– The financial innovation program of New Energy Nexus announced that it is increasing its exposure in India by investing in the cKers Finance Sustainable Energy Bond (SEB). “The falling cost of solar technology is...

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U.S. Department of Energy Signs Memorandum of Understanding with India for Solar Decathlon India Competition in 2021

By : Sustainability ..., Mar 6, 2020

This week, the U.S. Department of Energy (DOE) signed a Memorandum of Understanding (MOU) to provide collaboration and support to India in the establishment of Solar Decathlon India in 2021. “India is joining an international family of Solar Decathlons that is preparing...

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EESL announces installation of 10 lakh smart meters across India

By : Sustainability ..., Feb 25, 2020

India's state-owned Energy Efficiency Services Limited (EESL) has announced the completion of installation of 10 lakh smart meters across India under the Government of India's Smart Meter National Programme. EESL has set the target to install 25 crore smart meters over the...

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Efficiency parameters soon to aid EV battery swapping

By : Sustainability ..., Feb 11, 2020

The government will soon frame efficiency parameters for batteries powering electric vehicles (EVs) as it invites bids for setting up gigafactories or giant battery plants in India. A high-level panel has been set up under the Bureau of Energy Efficiency to frame performance...

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Fuji Electric India planning to enter into solar inverters space

By : Sustainability ..., Feb 6, 2020

Fuji Electric India, the 100 per cent subsidiary of Japanese $8.3 billion power and electricals giant Fuji Electric, is mulling a foray into the solar inverters and batteries business in India. The move is part of a larger strategy to leverage the parent company’s expertise...

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Power ministry to track India’s energy security and consumption

By : Sustainability ..., Feb 5, 2020

Raj Kumar Singh, Hon’ble Minister of State (Independent Charge) for Power and New and Renewable Energy and Hon’ble Minister of State for Skill Development and Entrepreneurship released the State Energy Efficiency Index 2019, which tracks the progress of Energy Efficiency (EE...

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Carbon Emissions by India’s Steel Sector to Triple by 2050

By : Sustainability ..., Feb 4, 2020

India’s steel industry is set to more than triple its carbon footprint by 2050 as demand for the metal in the world’s second-biggest producer soars. Carbon dioxide emissions from the steel industry are projected to jump to 837 million tons over the next three decades from 242...

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Growing steel demand in India to increase carbon emissions by 600 MT: TERI

By : Sustainability ..., Jan 31, 2020

India's steel demand is likely to more than quadruple in the next 30 years, resulting in rise in carbon dioxide emissions by around 600 million tonnes, a report by the think-tank The Energy and Resources Institute (TERI) said on Thursday. The report, released on the second...

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India needs to prioritise solar rooftop among residential, industrial users: Report

By : Sustainability ..., Jan 30, 2020

India needs to prioritise solar rooftop among residential and industrial users for achieving its 100GW solar energy target by 2022, a report said. Demand aggregation mechanism' could help accelerate energy efficiency and scale up the deployment of solar power in residential...

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