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Sustainability Outlook Headlines
National Investment and Infrastructure Fund of India (NIIF) partners with UK govt for Green Growth Equity FundThe government’s National Investment and Infrastructure Fund of India (NIIF) on Wednesday announced a partnership with the UK government to launch Green Growth Equity Fund (GGEF), an alternative investment fund registered with the Securities and Exchange Board of India (Sebi). NIIF and the UK government have committed £120 million each for the fund which will be managed by EverSource Capital, a joint venture... Read more.. |
H&M aims to be climate positive across value chain by 2040H&M aims to become climate positive across the entire value chain by 2040, says its sustainability report 2017. The company has been making strong progress towards its vision to lead the change towards a circular and renewable fashion industry, while being a fair and equal company. H&M is therefore pushing the development towards a shift to a circular model. |
Sweden announces $ 6 million as seed money for innovation projects in IndiaIndia and Sweden on Tuesday signed a joint innovation partnership and agreed on a joint action plan with a seed money of $ 6 million from here to push PM Narendra Modi’s Make in India initiative besides agreeing to work on a security agreement that would enable intelligence sharing. Taking forward their defence cooperation including joint production the two sides decided to strengthen their defence... Read more.. |
India-US to strengthen its alliance in oil & gas, power, renewable energyIndia and the United States on Tuesday decided to increase its co-operation in oil and gas, power, renewable energy and coal sectors during the first meeting of the US-India Strategic Energy Partnership. US president Donald Trump and Prime Minister Narendra Modi had announced the partnership on June 26, 2017, in Washington, D.C. Through the partnership, the United States and India collectively seek to... Read more.. |
Single-use plastics could be banned in England next yearCotton buds, plastic drinking straws and other single-use plastics could be banned from sale in England next year in the next phase of the campaign to try to halt the pollution of the world’s rivers and oceans. Theresa May hopes to use the announcement to encourage the Commonwealth heads of government to join the fight as the meeting opens formally on Thursday. “The Commonwealth is a unique organisation with... Read more.. |
EU Launches Innovation Observatory for Shared Ideas on Textile SustainabilityThe European Union (EU) is tackling industrial pollution with a new initiative designed to yield a more sustainable textile sector. According to the EU, industrial pollution accounts for a large share of Europe’s overall pollution problem, thanks to the emission of air pollutants, discharges of wastewater and waste generation. To help address the issue, The European Commission, the legislative body of the EU... Read more.. |
Hero Future Energies sets up country’s first hybrid renewable power plantHero Future Energies has commissioned the country’s first large-scale hybrid renewable energy project — a combination of sun and wind power — in Karnataka’s Raichur district. The company has added a 28.8 MW solar project to an existing 50 MW wind project set up two years ago. A hybrid project has several... Read more.. |
Major ports to desalinate sea water: GadkariTo meet potable water demand, three major ports - Paradip, Ennore and Chidambarnar - will install plants to recycle and desalinate sea water, Union Minister Nitin Gadkari said today. The decision in this regard was taken in a meeting with chairpersons of major ports. "Paradip Port, Kamarajar Port & VO... Read more.. |
Novel plastic-eating enzyme createdScientists have created an enzyme which can digest some of the most commonly polluting plastics, providing a potential solution to one of the world's biggest environmental problems. The discovery could result in a recycling solution for millions of tonnes of plastic bottles, made of polyethylene terephthalate (PET) which currently persists for hundreds of years in the environment. ... Read more.. Date : Apr 18 Source: The Economic Times
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India probes dumping of Ethylene Vinyl Acetate (EVA) sheets for solar modules by 5 nationsIndia has initiated a probe into the alleged dumping of EVA sheets used in solar cell industry, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand. The investigation on imports of 'Ethylene Vinyl Acetate (EVA) sheets for solar modules' is carried out by the Directorate General of Antidumping and Allied Duties (DGAD), which is an arm of the commerce ministry. ... Read more.. Date : Apr 18 Source: ET Energyworld
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Gujarat cancels 500 MW auction results, rebidding likelyGujarat cancelled a solar project auction it held in end-March without assigning any reasons. Industry sources said this was because the state government felt the tariff quoted by bidders to supply power was too high. Gujarat Urja Vikas Nigam Ltd (GUVNL) held the reverse auction on March 28 to allot 500 MW of solar projects. Gujarat-based Kalthia Engineering & Construction quoted the lowest tariff of Rs... Read more.. |
Delhiites may soon get money for unscheduled power cuts by discomsCitizens would be compensated for unscheduled power cuts lasting longer than one hour, if a policy approved by the Delhi government on Tuesday gets a green signal from Lt. Governor Anil Baijal. Chief Minister Arvind Kejriwal on Tuesday approved the policy to provide compensation to users in case of "unscheduled power cuts by the private power distribution companies" and it was later sent to the Lt. Governor... Read more.. |
British PE firm Actis close to buying solar assets of India's Shapoorji Pallonji: ReportsBritish private equity firm Actis is close to signing a deal to buy the solar power portfolio of Indian conglomerate Shapoorji Pallonji, three people aware of the development said on Tuesday. The acquisition of Shapoorji's 400 megawatt (MW) solar power portfolio will be done via a renewable platform owned by Actis named "Sprng Energy" at an equity valuation of around 11 billion rupees ($168 million), one of... Read more.. |
Azure Power commissions 40 MW solar plant in Uttar PradeshAzure Power, New Delhi-based solar power producer, today announced it has commissioned a 40 Megawatt (MW) solar power plant in Uttar Pradesh. The solar project, auctioned by state-owned Solar Energy Corporation of India (SECI), has been set up under the government’s National Solar Mission. It is spread across 225 acres, the company said. ... Read more.. |
Rajasthan aims 3,780 MW solar capacity by April next yearWith 20 projects of 1,500 MW capacity in pipeline, Rajasthan is targeting to increase its solar power generation to 3,780 MW by April next year in order to achieve the goal of 7,000 MW clean energy capacity in the next four years. “The current solar power generation is contributing 10 percent to the total power consumption in the state and we are targeting to increase it to 17 percent by 2021,” Rajasthan... Read more.. |
U.S. to spend $105.5 mln to advance solar technologiesThe U.S. Department of Energy will spend $105.5 million to fund 70 projects aimed at advancing solar energy technologies and smoothing their integration into the electricity grid, it said on Tuesday. The funding will be split among four areas of research: photovoltaics, concentrating solar, workforce development and grid integration, DOE said in a statement. Technologies that focus on integrating solar onto the grid, like power electronics, energy storage and sensors, will receive the largest share of the funding at $... Read more.. |
Environment Ministry Notifies Amended Rules on Plastic Waste ManagementThe Environment Ministry has notified the amended rules on plastic waste management that prescribe a central system for the registration of producers and importers. The ministry has notified the Plastic Waste Management (Amendment) Rules, 2018, which specifies phasing out of those multi-layered plastics (MLPs) that are "non-recyclable, non-energy recoverable or with no alternate use", an official statement... Read more.. |
UK joins India-led International Solar Alliance to mark Modi visitThe UK joined the India-led International Solar Alliance (ISA) ahead of Prime Minister Narendra Modi's four-day visit to Britain. At an event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM), Britain formally announced its membership of the alliance, which aims to raise USD 1 trillion of private and public finance to provide affordable and sustainable... Read more.. |
Tata Power Renewable Energy Ltd unit eyes two solar power projects in MaharashtraTata Power Renewable Energy Ltd (TPREL) is planning to bid for setting up two solar power projects in Maharashtra totalling 400 megawatts (MW), two people in the know said. The company, a wholly owned subsidiary of Tata Power Co. Ltd, plans to bid for two separate projects of 150MW and 250MW. “TPREL may invest up to Rs2,000 crore in these projects. Bid strategy and other investment and commercial terms are... Read more.. |
Mahindra lowest bidder again in India’s Andaman solar-storage retenderMajor Indian solar EPC firm Mahindra Susten has put in the lowest bid for a solar and energy storage auction in the Andaman and Nicobar Islands for the second time, having seen its victory in the original auction torn away by authorities as they reportedly explored other sources of power generation.
The company has now quoted a price of ~INR1.33 billion (US$20.29 million) for the 20MW of... Read more.. Date : Apr 17 Source: PV Tech
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Solar rooftop makers yet to get Centre’s Rs 200 crore subsidy in GujaratSolar rooftop system manufacturers, who pass on subsidy benefits to customers and later recover the amount from governments in the state and Centre, have not been paid their subsidy dues by the central government since September last. The total outstanding subsidy amount has surged to Rs200 crore for which 118 solar rooftop system manufacturers approved by Gujarat Energy Development Agency (GEDA) have moved heaven and earth but to no avail. ... Read more.. |
Green Energy Association to move to Supreme Court against APTEL's order on Renewable Energy CertificatesIndustry body Green Energy Association today said it will move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. “The said order is completely insensitive to renewable energy. Green Energy Association will appeal against this order with full might and very... Read more.. |
Madras High Court dismisses plea against 70% solar imports safeguardThe Madras High Court has dismissed the petition challenging the Directorate General of Safeguards’ recommendation of 70% safeguard duty on import of solar panels and modules, according to three sources close to the development. An oral order was delivered on Monday while the written one comes on Tuesday. ... Read more.. |
China develops 3D conic device to increase solar-thermal conversionChinese scientists have developed a new device of 3D hollow-cone structure that can greatly increase the solar-thermal conversion efficiency. The device, named 'Artificial Transpiration' by Zhu Jia and his team from the Nanjing University, is inspired by the transpiration process of trees, an article recently published online by the National Science Review, an English language journal affiliated to the... Read more.. |
Ola to launch 10,000 electric vehicles over 12 months under Mission Electric programmeSoftBank-backed cab aggregator Ola today said it plans to add 10,000 electric vehicles, a majority being e-rickshaws, to its platform over the next 12 months as part of its 'Mission Electric' programme. The Bengaluru-based company is aiming to get one million electric vehicles on its platform by 2021 to boost the electric vehicle ecosystem in the country. ... Read more.. |
