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Sustainability Outlook Headlines
Tamil Nadu: Govt buildings will soon harness rooftop solar powerAll state government buildings will soon start generating power, once the planned roof top solar systems are installed. An agreement, to facilitate this, was signed here on Thursday between Tamil Nadu Energy Development Agency (TEDA) and Energy Efficiency Services Limited. As per the agreement, TEDA and EESL will act as nodal agencies in establishing solar power generating facilities on top of government buildings. While EESL will take care of the investments, the move will reduce power bills of government departments. Tangedco chairman and TEDA chief Vikram Kapur and EESL director... Read more.. Date : Sep 23 Source: Energy World - Economic Times
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638 gigawatt of solar power generation capacity added over last decade: UNEPThe world added a mammoth 638 gigawatt (GW) of solar power generation capacity, including both solar photovoltaic and thermal, between 2010 and 2019 -- the largest such addition across renewable energy technologies, according to a report by the United Nations Environment Programme (UNEP). "Solar is set to have been the most heavily installed generation technology in the 2010s with some 638 Gw added worldwide (including solar thermal as well as PV) - an astonishing result for a power source that could boast only 25 Gw of global capacity at the end of 2009," the report said. The report "... Read more.. Date : Sep 20 Source: Energy World - Economic Times
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Ind-Ra maintains stable sector outlook for wind and solar power sectorsIndia Ratings & Research (Ind-Ra), a Fitch Group company, maintained a stable outlook for wind and solar power sectors for the remaining part of financial year 2019-20 (FY20). "The stable outlook emanates from likely in-line operational and financial performance of projects with Ind-Ra’s projection for the rest of FY20, coupled with the availability of adequate liquidity," said Ind-Ra in a press release recently. The research agency has also revised the rating outlook for solar sector to stable (from positive), while maintaining stable rating outlook for the wind sector. The agency... Read more.. Date : Sep 20 Source: Energy World - Economic Times
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100% transition to e-vehicles by ’30: CSThe HP Electric Vehicle Policy-2019 aims at making Himachal a model state for cent percent transition to electric vehicles (EV) by 2030. This will provide sustainable, safe, eco-friendly, inclusive and integrated mobility to the public. The government has also set up a high-power committee for monitoring implementation of this policy and for development of procedures and modalities. Chairing a meeting of officials here today, Chief Secretary Shrikant Baldi said the vision of this draft policy was to achieve 100 per cent transition to electric vehicles by 2030 in the state. This target was... Read more.. Date : Sep 20 Source: Tribune India
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Telangana signs MoU with New Jersey for clean tech cooperationTaking advantage of the visit of New Jersey Governor Phil Murphy’s visit to India, the US-India State and Urban Initiative, led by the Washington DC-based Center for Strategic and International Studies (CSIS), facilitated a dialogue between the state governments of New Jersey and Telangana to bolster clean tech cooperation between the two regions. The agreement includes a wide range of sectors in which the two States hope to bolster public and private sector collaboration including clean tech cooperation. Governor Phil Murphy spoke at Sustainability Innovation Summit on theme renewable... Read more.. Date : Sep 20 Source: Telangana Today
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‘Dalmia Cement eyeing to be carbon negative by 2040’Dalmia Cement (Bharat) Limited has been globally ranked no. 1 by CDP (formerly Carbon Disclosure Project) for business readiness of lowest carbon transition. The company also has the lowest carbon footprint in the cement world (globally), said Sunil Gupta Executive Director, Manufacturing Head, Eastern Region. "We follow the strict regimes and are the greenest cement manufacturing company in the world. Reducing transition risks and creating transition opportunities are the top priorities; emissions and energy intensities directly impact the operating costs and India's Dalmia Cement aims to... Read more.. Date : Sep 20 Source: Daily Pioneer
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ICE, EVs not foes; they’ll coexist: Tata Motors CEOThere is no confusion, and no reason for confusion regarding internal combustion engines and electric vehicles, as ICE and EV will coexist at least for another decade or even beyond, said Guenter Butchsek, CEO & MD, Tata Motors Ltd. Tata Motors is working on multiple products with the intention of making EVs mainstream and aspirational, he said. He added that he personally doesn’t know “why it is so difficult to give the message that ICE and EV are not each other’s enemies” and that it can peacefully coexist for at least another decade, and that this message has not come across clearly... Read more.. Date : Sep 20 Source: The Hindu Business Line
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Amazon vows to be carbon neutral by 2040Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 1,00,000 electric delivery vans from a start-up the online retailer has invested in. Cutting emissions is a challenging goal for Amazon, which delivers 10 billion items a year and has a massive transportation footprint. “We know we can do it and we know we have to do it,” Mr. Bezos said. Mr. Bezos announced a number of actions at a press conference in Washington ahead of Climate Week in New York next week, a global gathering of... Read more.. Date : Sep 20 Source: The Hindu
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Thanks to human intervention, Earth has lost wilderness area the size of India since 90sWilderness areas around the world have experienced catastrophic declines over the years, with three million square kilometres of global wilderness lost since the 1990s, according to a new study. Since the 1990s, our planet has lost nearly three million square kilometres of wilderness areas parts of the world where human impact has been absent or minimal. Representational Image The research, published in the journal Nature, found that more than 10 per cent of the planet's wilderness has been destroyed since the 1990s-an area about the size of India. The shrinking wilderness is due, in part... Read more.. Date : Sep 20 Source: One India
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Confronting the new climate reality in Asia and the PacificFor many this means ambition and action that enables countries to decarbonize their economies by the middle of the century. But that is only half the equation. Equally ambitious plans are also needed to build the resilience of vulnerable sectors and communities being battered by climate related disasters of increasing frequency, intensity and unpredictability. Nowhere is this reality starker than in the Asia Pacific region which has suffered another punishing year of devastation due to extreme events linked to climate change. Last year Kerala state in India had its worst floods in a... Read more.. Date : Sep 19 Source: Ed News
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Experts call for comprehensive, collaborative approach to address energy efficiency issuesExperts drawn from different sectors of industry have called for a comprehensive, collaborative and holistic approach to address the challenge of driving energy efficiency and sustainability. At the three-day CII Conference on Energy Efficiency, Meher Padumjee, Chairperson, Energy Efficiency Summit, 2019, said the Indian economy has grown from half a trillion dollar 20 years ago to a near $3 trillion one with the energy demand growing by five times and energy efficiency measures resulting in savings of about 6 per cent. “This is no mean achievement but a lot has to be done as we set out to... Read more.. Date : Sep 19 Source: The Hindu Business Line
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Decentralised renewable energy can ensure round-the-clock power supply: ReportDecentralised renewable energy (DRE) can ensure round-the-clock, reliable and quality energy supply through clean energy sources to households and small and medium enterprises (SMEs), according to a report by Clean Energy Access Network (CLEAN), a Delhi- based non-government organisation (NGO). Based on its annual survey "State of the Decentralized Renewable Energy Sector in India" CLEAN has compiled the report for 2018-2019. The 42 CLEAN member enterprises who responded to the survey currently serve 4,300,000 customers across India and are responsible for 4,344 full-time jobs and 2,556... Read more.. Date : Sep 19 Source: Energy World - Economic Times
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27 MW Solar PV Plant in Karnataka Commences Commercial OperationsThomasLloyd announced today that its investee company SolarArise India Projects Private Limited ("SolarArise") has commissioned a 27 Megawatt ("MW") Solar PV plant in Kerehalli village, Koppal District, State of Karnataka, India on 8 August 2019. The new solar plant operates under Talettutayi Solar Projects Two Private Limited, a special purpose vehicle (SPV) set up by SolarArise, and has a 25 year Power Purchase Agreement ("PPA") with the Bangalore Electricity Supply Company Limited (BESCOM), an ICRA – "A" rated government off taker. The plant is expected to generate approximately 47... Read more.. Date : Sep 19 Source: Yahoo Finance
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Apple first to use recycled rare earths in smartphonesIn a first, Apple has now started using recycled rare earth metals for making its latest iPhones. It is using 100 per cent recycled rare earths in a key component (Taptic Engine) in the new iPhones, a first for a smartphone. The Taptic Engine represents about 25 per cent of the total rare earth elements used in an iPhone. “Our aim is to do what Apple does with every innovation, which is to do things that have never been done before and then use our scale in the marketplace and relationships with suppliers to bring that forward for the world,” said Lisa Jackson, Apple’s Vice-President of... Read more.. Date : Sep 19 Source: The Hindu Business Line
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Himachal aims 100 pc transition to e-vehicles by 2030Himachal Pradesh is aiming to achieve 100 per cent transition to electric vehicles by 2030 in alignment with the United Nation’s sustainable development goals, an official said on Wednesday. A meeting to frame the draft for the Himachal Pradesh Electric Vehicle Policy 2019 was held here, chaired by Chief Secretary Shrikant Baldi. Baldi said that the vision of the policy was to establish Himachal as a model state for electric vehicle adoption and to provide sustainable, safe, eco-friendly, inclusive and integrated mobility. The policy aimed to save the environment, accelerate demand for... Read more.. Date : Sep 19 Source: The Siasat Daily
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NTPC to invest Rs 25,000 crore to set up solar parkNTPC, India’s largest power company, will not undertake any new coal-based generation for the next few years as part of measures to reduce its carbon footprint and has decided to invest about Rs 25,000 crore to set up one of the world’s largest solar parks at Kutch in Gujarat. The solar park will be developed in phases over the next five years. The company also expects to disconnect some of its coal-based capacity from morning till evening to make way for affordable solar and wind power generation, said a senior company official. Besides, it plans to set up solar power plants of 1,000-MW... Read more.. Date : Sep 19 Source: Energy World - Economic Times
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Innovation Summit on theme renewable energy in HyderabadGovernor Phil Murphy spoke at Sustainability Innovation Summit on theme renewable energy in Hyderabad, Telangana organized by the Indian Chamber of Commerce and Telangana's Energy Department. In his remarks the Governor focused on emergent energy challenges and opportunities in both states. 'perhaps focus on how both states are leaders in rooftop solar deployment. New Jersey is an early leader and Telangana recently ranking amongst the top two states in India for solar rooftop deployment readiness' The event was attended by senior state energy officials from Telangana's energy department,... Read more.. Date : Sep 19 Source: Daily Hunt
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India Steps Up Efforts To Develop Cost-Effective Clean Energy Storage CapacitiesIndia is fast moving towards its target of installing 175 GW of renewable energy by 2022, but its benefit can be reaped only through cost-effective storage capacities. The Centre has, therefore, stepped up efforts to find solutions which can be scalable and reach the common man. Underlining India’s renewable energy growth , the science & technology ministry has recently set up a clean energy knowledge network, involving four R&D centres, to provide a strong backbone of research technologies for developing renewable energy conservation and storage facilities and equipment. The four... Read more.. Date : Sep 18 Source: Etorno Intelligente
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To save Rs 6,000 crore, convert 25 pc of all vehicles to electric by 2023: ReportA report by the Dialogue and Development Commission (DDC) of Delhi and Rocky Mountain Institute, titled 'Accelerating Delhi's Mobility Transition: Insights from the Delhi Urban Mobility Lab' states that the conversion of all vehicles sales in Delhi to electric by 2023 is going to save Rs 6,000 crore. The report which was submitted to Delhi's Transport Minister Kailash Gahlot also recommends a single-window clearance system for electric vehicles in order to boost electric mobility in the city. A policy regarding the same is going to be notified by the Delhi Government soon. "This report... Read more.. Date : Sep 18 Source: Deccan Chronicle
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As the world warms, the call for climate-friendly cooling heats upThe Climate Group’s EP100 smarter energy management initiative, which the nonprofit runs in partnership with the Alliance to Save Energy, crossed an important milestone over the summer — surpassing more than 50 members worldwide after gradually building momentum since the launch three years ago. So far, EP100 companies collectively have reduced emissions by more than 522 million metric tons of CO2e since their respective baseline years — and that’s just for the 23 companies that reported results to the nonprofit for the past year. (The Climate Group’s latest progress report only used... Read more.. Date : Sep 18 Source: GreenBiz
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Climate finance: India hits out at developed countries for ‘reluctance’ to support projectsIndia on Tuesday warned developed countries that their reluctance to loosen purse strings to support climate change mitigation plans by developing countries may threaten the progress achieved, leading to an uncertain future. In a discussion paper released on Tuesday, the Finance Ministry while reviewing various issues relating to climate finance, said the countries have to roll out implementation of their promised nationally-determined contributions (NDCs) from January 1, 2021. As per the common but differentiated responsibilities agreed upon, developed countries were to provide adequate... Read more.. Date : Sep 18 Source: The Hindu Business Line
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2024 target: Delhi needs 5 lakh new electric vehiclesTo meet Delhi’s draft electric vehicle policy target of 25% share for electric vehicles (EVs) in new registrations by 2024, Delhi will need to register approximately five lakh new EVs in the next five years, a new report says. The report titled ‘Accelerating Delhi’s Mobility Transition: Insights from the Delhi Urban Mobility Lab’ has been prepared by the Dialogue and Development Commission of Delhi and Rocky Mountain Institute. It was submitted to Delhi’s transport minister Kailash Gahlot on Monday. The report states that over their lifetime, these EVs are estimated to avoid approximately... Read more.. Date : Sep 18 Source: Times of India
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Tamil Nadu's New EV Policy Seeks Full Road Tax Exemption for Electric Vehicles Until 2022Seeking to promote electric vehicles (EVs), the Tamil Nadu government has announced its policy for the sector offering a slew of sops, including investment subsidy and waiver of various taxes and duties. Chief Minister K Palaniswami released the Tamil Nadu Electric Vehicle Policy 2019 which offered a number of incentives for the manufacturers to boost the eco-friendly vehicles. "The Tamil Nadu Electric Vehicle Policy 2019 has been prepared to promote manufacturing of electric vehicles with a view to safeguard the environment and reduce air pollution," an official release here said.... Read more.. Date : Sep 18 Source: News18
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PFC looks for safer bets like e - vehicles, charging infrastructurePower Finance Corporation (PFC) is looking for new sectors to fund as it wants to hedge the risks associated with lending to the nation's ailing utilities, according to people familiar with the matter. The country's top lender to electricity projects is exploring new areas including railway electrification, electric vehicles and charging infrastructure, as well as gas import terminals or coal mines that serve a power plant, said the people, who asked not to be identified as the plan is still under discussion. The move is triggered by higher risks of default in power sector amid mounting... Read more.. Date : Sep 18 Source: Deccan Chronicle
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SoftBank keen on investing in Andhra Pradesh’s EV sectorA delegation of SoftBank from Japan met Andhra Pradesh Industries and IT Minister Mekapati Gautham Reddy and expressed interest to invest in the electric vehicles sector. Details will be known after another meeting to be held within 15 days. During a Diplomatic Outreach Programme held in Hyderabad, the minister explained the visiting delegates about the development activities and favourable conditions for investments in the State. Reddy said that the government will come up with a new industrial policy by next year to promote industrial growth. He told the delegation about the new... Read more.. Date : Sep 18 Source: The Hindu Business Line
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