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Sustainability Outlook Headlines
Himalayan states seek 'green bonus' at Mussoorie conclave: Region is crucial for water conservation, protection of eco-sensitive zonesThe Himalayan states on Sunday came together at a conclave in Mussoorie to demand a separate Union ministry to deal with problems endemic to them and a green bonus in recognition of their contribution to environmental conservation. This was for the first time that the Himalayan states came on a single platform to take a unanimous stand on these issues. Both the demands formed a part of a common agenda of the Himalayan states and a proposal in this regard was handed over to Union Finance Minister Nirmala... Read more.. |
India leads with cheapest renewable power in Asia Pacific, followed by AustraliaIndia- the second-largest power market in the Asia Pacific region with an installed generation capacity of 421 GW – has emerged as the lowest-cost producer of renewable energy in the area. “The country has seen [the] levelized cost of electricity (LCOE) using solar falling to $38/MWh this year, which is 14% cheaper than … traditional coal-fired electricity,” read a report by U.K.-based market intelligence firm Wood Mackenzie. Solar capacity in India is expected to touch 38 GW this year and the expanding... Read more.. |
IEA signs MoU to bolster energy efforts in IndiaThe International Energy Agency’s Executive Director, Dr Fatih Birol, signed a memorandum of understanding (MoU) with The Energy & Resources Institute (TERI) this month to strengthen cooperation between the two organisations in their work on a wide range of energy issues. The MoU was signed with TERI Director-General, Dr Ajay Mathur, to assist in overcoming issues including affordable energy access and the integration of renewable energy, energy efficiency, mobility and reducing emissions in the... Read more.. |
50,000 solar pumps to be given to farmers and 'gaushalas' in Haryana: MinisterFifty thousand solar pumps will be given to farmers and 'gaushalas' in Haryana with the assistance of NABARD, Minister of State for New and Renewable Energy Banwari Lal said on Friday. About Rs 1,696 crore will be spent on this special scheme, he added. The minister was speaking at an event in Kadipur village of district Mahendragarh. Lal said that about 238 megawatt of green energy will be generated in the state with the installation of these solar pumps. "This will not only save the diesel used to run the... Read more.. |
Nature Conservation Day 2019: Mission Pani could be key to preventing a nationwide water crisisThe water crisis in Chennai, and droughts witnessed in Maharashtra and several other states this year, are likely to heighten if India fails take efforts to conserve water and replenish the low groundwater level as soon as possible. In fact, by 2030, India will need 1,498 BCM, more than twice the 744 BCM water supply it is estimated to have around that time, creating a severe water crisis in the country. It was in order to drive people's attention to this issue (and the crisis that India faces ahead) that... Read more.. |
World's largest fusion experiment empowers Indian manufacturingThe upcoming plasma-based world's largest reactor that aims to demonstrate that it is possible to produce commercial electricity from clean energy source fusion is empowering industry globally, including Indian manufacturing. The 1,250-tonne cryostat base, the first two sections of which have been constructed by conglomerate Larsen & Toubro (L&T), is India's largest single procurement contribution to the ITER (International Thermonuclear Experimental Reactor) facility that spans over 42 hectares in... Read more.. |
Domestic Solar Battery Manufacturing Need a Boost for Huge EV Market: Amitabh Kant, NITI AayogAmitabh Kant CEO of NITI Aayog, known for taking a strong stance towards bringing innovative tranformation, have mentioned that India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise solar power. He said domestic battery manufacturing for electric vehicles provides a “massive market opportunity”, and also quickens the transition to such environment-friendly transport, which is vital for the country to help combat... Read more.. |
UP govt allows farm land lease for solar power plant, agri industryIn a major push to boost investment and production as well as setting up of solar power projects in the state ahead of the ground breaking ceremony on Sunday, the UP government has made it possible to lease out agricultural land, so far prohibited, for agricultural purpose or for setting up solar plants. The new law permits lease of agricultural land for agricultural purposes for up to 15 years and for a solar project for up to 30 years. The change in rules will be highly beneficial for Bundelkhand where... Read more.. |
U'khand CM allocates solar energy projects to local entrepreneursUttarakhand Chief Minister Trivendra Singh Rawat Friday allocated solar energy projects worth Rs 600 crore to local entrepreneurs. Together, these projects will generate 148.85 mw power. On the occasion, the chief minister said another lot of solar power projects worth Rs 200 crore will also be distributed soon among local entrepreneurs. Rawat described the projects as a significant step towards economic development of hill areas. Each entrepreneur will earn on an average Rs 66.50 lakh per annum from these... Read more.. |
Only 2,681 of 23L buildings have solar panels in Coimbatore circleOf the 23 lakh buildings in Coimbatore circle, only 2,681 buildings have set up solar panels in the last five years. The buildings include houses, commercial buildings and educational institutions. “Only 0.01% of the total buildings in Coimbatore circle, which includes Tirupur, Palladam, the Nilgiris and Udumalpet, have installed solar panels since 2014. Even though the public are aware of the benefits of producing green energy, they are reluctant because of its high installation price,” an official from... Read more.. |
Boost for electric vehicles: GST Council trims tax on electric cars, chargers to 5%The 36th Goods and Services Tax (GST) Council meeting Saturday approved reduction in GST rate for all electric vehicles to 5 per cent from 12 per cent and for chargers or charging stations for electric vehicles to 5 per cent from 18 per cent along with exempting hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities. The changes would be effective from August 1. The reduced GST rates for electric vehicles (EVs) are estimated to lead to an annual revenue loss of around... Read more.. |
India readies plan for $4 billion Tesla-scale battery storage plantsIndia is putting the final shape on a plan to build at least four Tesla-style giga factories to manufacture batteries with an investment of around $4 billion, as the country prepares to switch to electric vehicles to curb pollution and cut its dependence on foreign oil. “We are moving ahead with the plan and a cabinet note for the same has been floated," said a senior government official, requesting anonymity. “Why should India import battery storage units when we have the largest market here?" Aimed at... Read more.. |
MoU signed for 100 charging points for e-vehicles in NoidaHundred charging stations for electric vehicles will come up soon in the city, with the Noida Authority on July 25 entering into a pact with EES for setting up infrastructure for mobility based on clean energy. A memorandum of understanding (MoU) was signed by Ritu Maheshwari, CEO Noida Authority, and Saurabh Kumar, Managing Director for EESL, a joint venture of public sector undertakings under the Union Ministry of Power, in the presence of NOIDA chairperson Alok Tandon. "The MoU with EESL is part of our... Read more.. |
Ola launches drive to enable sustainable livelihoods for 5 lakh women by 2025Ola, one of the world's largest ride-hailing platforms, on Thursday launched a drive to enable sustainable livelihoods for 5 lakh women through its social welfare arm, Ola Foundation. The foundation will focus on enabling economic empowerment for women through employment-linked skills training, financial literacy and social empowerment through life-skills education. A charitable trust set up in December 2016, Ola Foundation has been actively involved in projects related to women empowerment over the last two... Read more.. |
Andhra Pradesh HC stays state government’s move to renegotiate PPAsThe Andhra Pradesh High Court has stayed the state government’s attempt to renegotiate tariff for renewable power producers, saying that negotiating procedure is outside the jurisdiction of the government under the Electricity Act and there should be no haste in these matters. The state government said it would now move the Andhra Pradesh Electricity Regulatory Commission (APERC) on power purchase agreements (PPAs) and tariff revision. Renewable power producers had moved the high court challenging the... Read more.. |
Kinetic Engineering Limited plans to contribute to the Indian government’s vision of promoting Electric Vehicles in IndiaWith a vision to have a Kinetic in every automobile, Kinetic Engineering Limited (KEL), the flagship company of the Kinetic Group, announces its contribution to the Indian government’s vision of promoting electric vehicles (EV) in India. Kinetic shall utilize its strong technical knowledge, vast manufacturing experience and vertically integrated in-house capabilities to provide high-quality systems and components to its EV customers. The company will soon be initiating the development of axles and gearboxes... Read more.. |
As told to Parliament: Hydro-power projects of 4,604.81 MW commissionedThe Union Ministry of New & Renewable Energy brought out small hydro power schemes from time to time to provide Central financial assistance to both government and private sector for setting up Small Hydro Power (SHP) projects, Union Minister of State for New & Renewable Energy and Power, R K Singh told the Lok Sabha on July 25. The aggregate capacity of SHP projects commissioned in India by June 30, 2019, was 4,604.81 Mega Watt (MW). A total of 116 SHP projects, aggregating to 589.99 MW, are under... Read more.. |
Gandhi Global Solar Yatra reaches KanpurThe Gandhi Global Solar Yatra (GGSY), kickstarted by Professor Chetan Singh Solanki of IIT-Bombay, reached Kanpur on Wednesday. As a part of his yatra, Prof Solanki also interacted with the students at IIT-Kanpur campus. Addressing the students, he said that it was the time to work on ‘Energy Swaraj,’ on the lines of Mahatma Gandhi’s philosophy of ‘Gram Swaraj’. Energy Swaraj is generation of energy by the communities for their consumption and needs. The Indian leg of GGSY, scheduled to cover 50 Indian cities... Read more.. |
Amazon now has solar panels on over 50 fulfillment centers, ahead of 2020 targetAs you may remember, two years ago Amazon announced an initiative which sought to increase the firm's use of renewable energy solutions installed atop its fulfillment centers. Specifically in March of 2017, it announced the intention to install solar panels on 50 of its fulfillment centers worldwide by the year 2020, a goal which it has now achieved. The milestone that the ecommerce giant has now checked off is part of its Shipment Zero vision, which seeks to make shipments net zero carbon, with 50% of the... Read more.. |
Immediate need to frame policy for river basin management, treated wastewater reuseNational Mission for Clean Ganga (NMCG) Director General Rajiv Ranjan Mishra has highlighted an immediate need to frame a comprehensive central policy document for river basin management and treated wastewater reuse. Singh made the comments during a roundtable discussion on 'Treated Wastewater Reuse Policies and Approaches in India and the European Union-A Comparative Assessment' organised by NMCG, India-EU Water Partnership and GIZ on Tuesday. "One of the major objectives of NMCG is 'aviral dhara', that is... Read more.. |
Global solar installations to reach record high this year - researchNew solar photovoltaic (PV) installations are set to reach a record high this year, driven by improving markets in Europe and the United States and fast growth in India and Vietnam, consultancy Wood Mackenzie said on Thursday. Low auction prices are also expected to help boost new solar PV capacity by the end of this year to 114.5 gigawatts (GW), 17.5% higher than 2018 and the first time new installations have exceeded 100 GW. Last year, new capacity dipped slightly, mostly due to a slowdown in the world's... Read more.. |
Kinetic Engineering eyeing partnership for battery and motor manufacturingKinetic Engineering, the erstwhile maker of the Luna mopeds and the Kinetic scooter, is exploring partnerships to get into battery and electric motor manufacturing in India amid the government’s push for developing green mobility solutions in the country. Kinetic Engineering is in talks with Japanese and Korean companies to explore partnerships for the motors and it has already been approached by a vehicle maker to manufacture battery, its managing director said. The government’s push towards electrification... Read more.. |
AGEL plans to add 800 MW of renewable energy projectsAdani Green Energy Limited (AGEL) plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years, the company said in a statement. "Adani Green Energy Limited plans to add over 800 MW of new capacity of wind and solar projects during the current financial year. Adani Green is India's one of the fastest-growing renewable energy firms with over 2000 MW of operational assets and 3300 MW capacity to be commissioned in two more years to become 5,000 MW renewable... Read more.. |
Tata Power to install 500 EV charging stations across 5 cities in next one yearTata Power plans to install 500 Electric Vehicle (EV) charging outlets across five cities over the next one year as the integrated power company readies the ground for the transition to battery-powered vehicles. Tata Power Managing Director and CEO Praveer Sinha told BusinessLine that the charging stations are being installed in Delhi, Mumbai, Bengaluru, Pune and Hyderabad. In Hyderabad, the company is working with fleet owners. Affordability Till date, most EV owners have been charging from their homes or... Read more.. |
T.N. to unveil electric vehicle policy by next month-endThe Tamil Nadu government, which is chalking out an electric vehicle policy to provide infrastructure for vehicles across the State, has prepared a draft and will unveil it before the end of August. The draft provides a slew of incentives to those promoting e-vehicles. Amending the common building rules for provision of charging points in commercial and large residential buildings, fixing a better electric tariff for electric vehicle users and concession in road tax are among the provisions in the draft being... Read more.. |
