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Sustainability Outlook Headlines

Muenzer’s 1st community-scale UCO biodiesel plant in India opens

European biodiesel producer Muenzer Bioindustrie GmbH has opened its first biodiesel plant outside of Europe in Navi Mumbai, India. According to Harald Sigl, head of corporate communications and public affairs for the Austria-based company, Muenzer Bioindustrie is one of Europe’s largest producers of waste-based biodiesel—producing more than 210,000 tons per year (63 MMgy)—and the largest collector of used cooking oil (UCO) in central Europe. ... Read more..

Source: Biodiesel Magazine

Maharashtra power utility gets additional 1,000 MW cheap solar power

After tying up for 1,000MW solar power at the rate of Rs 2.71 and Rs 2.72 per unit in 2018, Maharashtra State Electricity Distribution Co Ltd (MSEDCL) will now sign power purchase agreements (PPAs) for another 1,000MW cheap solar power. It has received bids for this quantum at Rs 2.74 and Rs 2.75 per unit. This purchase will prevent increase in power tariff in the coming years. An MSEDCL spokesperson said the... Read more..

Source: Energy World - Economic Times

Odisha to implement PM-KISAN; farmers to benefit from central and state schemes

The Odisha government has agreed to implement the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), deciding to share the first list of beneficiaries under its own farm-intervention programme for the Centre’s cash-transfer scheme. Chief minister Naveen Patnaik’s government, which had refused to implement the Ayushman Bharat central health insurance scheme, had earlier been noncommittal on the PM’s farm intervention... Read more..

Source: Economic Times

‘Cheap money’ to speed up global PV, storage momentum

Cheaper finance from development players would shorten the renewable transition of many countries and kickstart the local small-scale PV and storage market, according to BloombergNEF (BNEF). The firm published a study this week showing concessional funding would bring cost parity forward by several years for PV and wind producers across emerging markets.... Read more..

Source: PV tech

ReNew Power secures OPIC debt funding of up to USD 350 mn

Clean energy producer ReNew Power Thursday said it has secured fresh debt financing of up to USD 350 million from the US government's development finance institution Overseas Private Investment Corporation (OPIC). This follows an earlier round of financing when OPIC had granted a loan of USD 250 million to ReNew Power in March 2016, a company statement said.
... Read more..

Source: Business Standard

SolarEdge increased revenue 54% in 2018 as strong demand set to continue

Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand. Despite critical component shortages throughout the year, SolarEdge reported record fourth quarter revenue of US$263.7 million, up 39.9% from the prior year period and up 11% from US$236.6 million in the prior quarter, which... Read more..

Source: PV Tech

Gore Fabrics outlines eco-friendly innovations

WL Gore & Associates (Gore) Fabrics is using scientific research to drive eco-friendly improved material innovations that deliver uncompromised performance with a reduced environmental footprint of Gore Fabrics’ products, said its Responsibility Update 2018. One of its key achievements is the progress towards elimination of PFCs of Environmental Concern.
In 2017, Gore Fabrics announced the ambitious goal to eliminate PFCEC from the entire lifecycle of consumer products by the end of 2023. In early... Read more..

Source: Fibre to Fashion

Gujarat auctions 500MW of PV and tenders 175MW in solar parks

Gujarat Urja Vikas Nigam Limited (GUVNL) has auctioned 500MW of grid-connected solar capacity with winning tariffs in the range of INR2.55-2.66/kWh (US$3.6-3.8 cents). Paryapt Solar, a unit of UPC Solar, a firm that primarily develops renewables in North America, put in the lowest bid of 2.55 rupees per unit for 50MW of capacity.
 
The results of the auction were as follows:... Read more..
Source: PV Tech

GIC, ADIA to power Greenko again with $550m cheque

Sovereign wealth funds GIC Holdings Pte Ltd of Singapore and Abu Dhabi Investment Authority (ADIA) are investing $550 million of fresh primary capital in Greenko, India’s largest renewable energy firm. This will be the third round of capital infusion by the two, making the Hyderabad-based company the biggest recipient of foreign capital in the clean energy space in the country, said several people with knowledge of... Read more..

Source: Economic Times

Tata Motors bets big on e-buses, to supply 80 units to WB govt

Tata Motors Ltd is eyeing big business from electric buses after it bagged orders for supplying 255 units to various state transport unions across the country, a company official said Wednesday. Rohit Srivastava, product line head (passenger commercial vehicles) of Tata Motors said that the commercial vehicles business of the company is seeing considerable growth and presently enjoying a market share of 45 per cent... Read more..

Source: Energy World - Economic Times

SC seeks Centre's response on using NCEEF for seeder machines for farmers

The Supreme Court has asked the Centre to respond to the plea that a part of Rs 75,000 crore available with it under the National Clean Energy and Environment Fund (NCEEF) be utilised for the purchase of Turbo Happy Seeder machines for farmers for cutting standing paddy stubble as an alternate to stubble burning. The Turbo Happy Seeder machines are mounted on tractors, which cut and lift standing stubble, drill holes in the soil and sows the wheat seeds and deposit straw over the sown area as mulch cover.

The bench of Justice A.K. Sikri, Justice Abdul Nazeer and Justice M.R. Shah... Read more..

Source: Energy World - Economic Times

Industrial belts to get over 2,000 power distribution boxes

The power distribution company has planned to revamp electricity distribution system in industrial belts ahead of summers to ensure proper power supply and cut on outages. Discom is planning to install additional transformers and 2500 distribution boxes in industrial belts housing small scale units. Industry associations representing Micro Small and Medium Enterprises (MSME) have complained of frequent power cut leading to abrupt breaking of process of operations causing hefty losses. Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Ltd superintendent engineer Subroto Roy said, “... Read more..

Source: Energy World - Economic Times

Saudi Arabia to invest $100 bn in India; Energy, infra, agriculture in focus

 Saudi Arabia on Wednesday announced that it will invest $100 billion in India, MEA spokesperson Raveesh Kumar said. "Big announcement - Saudi Arabia to invest $100 bn in India - a huge vote of confidence in the Indian economy," Raveesh Kumar tweeted. Kumar further said that Prime Minister Narendra Modi welcomed the announcement by Saudi Crown Prince Mohammed bin Salman. Saudi Arabia will invest in areas like energy, refining, petrochemicals, infrastructure, agriculture and manufacturing. After the delegation level talks, the Prime Minister earlier said: "India and Saudi Arabia have agreed... Read more..

Source: Energy World - Economic Times

Developing nations need to invest 4.5% of GDP in infrastructure to achieve SDGs

A new World Bank report finds that investments of 4.5% of GDP will allow developing countries to achieve their infrastructure-related Sustainable Development Goals and stay on track to limit climate change of up to 2°C. Beyond the Gap, also finds infrastructure investment compatible with full decarbonisation need not cost more than more polluting alternatives. Today the infrastructure gap is huge: 940 million people live without electricity, 663 million lack improved sources of drinking water, 2.4 billion... Read more..

Source: ESI Africa

Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan

The Cabinet Committee on Economic Affairs, chaired by Hon'ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers.

The proposed scheme consists of three components:

Component-A: 10,000 MW... Read more..

Source: Press Information Bureau

India approves US$1.6bn of rooftop solar support

India has approved the second phase of its programme to hit 40GW of grid-connected rooftop solar by 2022 and announced INR118 billion (~US$1.656 billion) in central government subsidies to support residential solar systems and incentivise distribution companies (Discoms). Bridge to India’s latest quarterly report found that India had an installed capacity of 3,855MW of rooftop solar at the end of 2018, which was... Read more..

Source: PV Tech

India's solar capacity at 28 GW at Dec-end: Bridge To India report

The country's total solar power generation capacity, including 3.85 gigawatt (GW) rooftops, stood at 28.05 GW while 17.65 GW was under implementation as on December 31, 2018, according to a report by Bridge To India (BTI). The quarterly market report, titled 'India Solar Compass Q4 2018', gives a detailed analysis of capacity addition, tender issuance, market players, price trends for the past quarter and the whole... Read more..

Source: Energy World - Economic Times

Indian Railways Pushes Towards Goal Of Full Electrification By 2022 With ABB Deal

The deal will supply ABB’s industry leading converters for electric trains to Diesel Locomotive Works in Varanasi in Northern India. ABB will build the converters at one of ABB’s largest locomotive supply factories in Nelamangala, in Southern India. “We are delighted to be contributing to the electrification of India’s rail network with ABB’s locally manufactured solutions,” said ABB CEO Ulrich Spiesshofer. “By... Read more..

Source: Clean Technica

Vikram Solar commissions 200 MW solar power project for APGENCO

Solar module manufacturer and EPC company Vikram Solar today announced it has commissioned a 200 Megawatt (Mw) solar power project for Andhra Pradesh Power Generation Corporation (APGENCO). The project, located in Anatapuramu district, is divided into 2 blocks of 100 Mw capacity each and is spread over 1,000 acres of land. ... Read more..

Source: Energy World - Economic Times

Nagpur: Rs 1,000 crore solar project to power 1.30 lakh street lights

The Nagpur Municipal Corporation (NMC) is all set to execute a Rs1,000 crore solar project to power 1.30 lakh street lights, buildings and some parts of water and sewage treatment plants, followed by operation and maintenance for 20 years. There will be no additional financial burden on NMC, instead it will save over Rs500 crore. NMC will become the country’s first to do so if the project materializes. NMC... Read more..

Source: Energy World- Economic Times

Odisha CM inaugurates Rs 2,200 cr power, solar energy, cement projects

Chief minister Naveen Patnaik on Tuesday performed inauguration of total 18 industrial projects through video conferencing from the state secretariat, with total investment potential of Rs 2200 crore. These projects, in diverse sectors like cement, food processing including seafood, solar power, healthcare and metal downstream, will generate employment opportunities for around 3500 people, said an official source... Read more..

Source: Energy World - Economic Times

Amazon plans to make 50% of shipments net zero carbon by 2030

Amazon hopes to make 50 percent of all shipments to customers with net zero carbon in the next 11 years as part of an initiative it’s calling Shipment Zero, it said today. It also announced that it’ll share a report detailing its companywide carbon footprint — along with “related goals and programs” — later this year, and that it’ll continue to use customer feedback to “enable” and “encourage” its supply chain partners to reduce their environmental impact.

... Read more..

Source: Venture Beat

Travelling at 600mph: India’s Hyperloop dreams take shape in the Nevada Desert

California just decided to sharply scale back its plans for a high-speed rail artery meant to transform travel up and down the state. But in the desert outside Las Vegas, the transportation ambitions still seem limitless. Here, engineers working for Virgin Hyperloop One are testing a radically different type of mass transit: one that aims to move people and cargo in small wheel-less pods in a vacuum tube at speeds... Read more..

Source: Economic Times

SECI tenders floating solar and battery storage at Lakshadweep, readies 1GW for CPSUs

Solar Energy Corporation of India (SECI) has issued a sizeable solar-plus-storage tender for the island archipelago of Lakshadweep involving 20MWac of floating solar projects coupled with 60MWh of battery energy storage systems. The scope of the work includes design, engineering, supply, construction, erection, testing and commissioning of the projects at various locations as well as 10 years of operations and maintenance (O&M) services. The locations and capacities are as follows:

... Read more..
Source: PV Tech

Despite concerns, Ladakh solar plan attracts 50 companies

The government's ambitious plan to set up a 7,500 mw (mega watt) solar power project at an estimated investment of Rs 45,000 crore in Jammu & Kashmir's Ladakh region has whetted the appetite of some 50 topline companies, even as tariff emerged as the key concern. Prospective investors, including major manufacturers, raised a host of issues with the top brass of Solar Energy Corporation India (SECI), the implementing agency under the renewable energy ministry, at a pre-bid meeting on Monday. These ranged from the natural challenges to the bid structure. But the elephant in the room was... Read more..

Source: Times of India