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Sustainability Outlook Headlines
CPPIB to acquire ADB’s 6.3 per cent stake in ReNew powerCanada Pension Plan Investment Board (CPPIB) has agreed to invest $144 million in alternative energy firm ReNew Power as global investors continue to back clean energy assets in the country. The Canadian pension money manager will become the third largest investor in the company with the... Read more.. |
Siemens Gamesa bags orders for 326 MW wind power capacitiesRenewable energy firm Siemens Gamesa today said it has bagged multiple orders totalling 326 MW wind power capacities across India. These order entails the EPC (engineering production and construction) of 326 MW of wind power facilities on several sites across India (26 in total, with installed capacity ranging between 2 MW and 60 MW), a company statement said. ... Read more.. Date : Jan 23 Source: The Economic Times
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India, China to co-host energy meet in DelhiIndia and China, along with South Korea, will co-host a meeting of energy ministers from 60 countries in New Delhi in April. The meeting, which will be inaugurated by Prime Minister Narendra Modi, will see ministers discuss global energy security and transition to renewables at the biennial International Energy Forum (IEF) on April 10-12. It will have representation from all major energy producers and... Read more.. |
GIP completes $5bn acquisition of Equis EnergyGlobal Infrastructure Partners (GIP) has completed the previously announced $5bn acquisition of Equis Energy. The $5bn cost of the acquisition also includes assumed liabilities of Equis Energy amounting to $1.3bn. Equis Energy is a Singapore-based independent power producer for the Asia-Pacific region (APAC... Read more.. |
Packaging Innovation: The Coca-Cola Company announces new global vision to help create a world without wasteThe Coca-Cola Company has announced that it is fundamentally reshaping its approach to packaging, with a global goal to help collect and recycle the equivalent of 100 per cent of its packaging by 2030. Packaging Innovation: The Coca-Cola Company announces new global vision to help create a world without waste |
Sluggish rooftop solar scheme spurs government to work on new planConcerned over the inactivity in the country's rooftop solar programme, the government today said only one GW rooftop solar capacity has been set up against the target of 40 GW and a new plan is in the making to end the shortcomings. "We have set a target of installing 100 GW of solar capacity by 2022. And of this, 60 GW would come through ground-mounted and 40 GW has to come through rooftop.... Read more.. Date : Jan 22 Source: ET Energyworld
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Vector Green refinances two solar projects in TelanganaVector Green Energy, a portfolio company of India Infrastructure Fund-II, managed by IDFC Alternatives, has announced it has closed financing of two solar farms in Telangana. This is a part of its acquisition of projects aggregating 223 MW from FirstSolar. Financing ... Read more.. Date : Jan 22 Source: Business Line
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Madras High Court stays safeguard duty on solar power equipmentThe Madras High Court has issued a temporary stay on a preliminary report of the Director General of Safeguards recommending imposition of 70% safeguard duty on imported solar equipment. Shapoorji Pallonji Infrastructure, a contractor-cum-developer of solar projects and part of the Shapoorji Pallonji Group, had petitioned the court against the recommendation, maintaining the company was never given a chance... Read more.. |
Scientists showcase how to create low-cost solar cells using nanotechnologyA team of scientists at Stanford University, including a researcher of Indian origin, has shown how nanotechnology can be used to create crystalline silicon (c-Si) thin-film solar cells that are more efficient at capturing solar energy. The discovery can reduce the cost of solar energy production globally, they noted. Dr Shrestha Basu Mallick, working with her advisors Dr Mark Brongersma and Dr Peter Peumans... Read more.. |
Poland says new European Union renewables target very hard to meetPoland will find it almost impossible to meet an ambitious new target for renewable energy use backed this week by European lawmakers, Energy Minister Krzysztof Tchorzewski said. Under draft measures approved by the European Parliament on Wednesday, renewable energy would account for at least 35 percent of the EU's overall energy use by 2030. Tough negotiations involving EU national governments and the... Read more.. |
Benchmark EU carbon price rises to highest in more than five years* Benchmark European Union carbon prices rose to 8.77 euros a tonne at 1209 GMT, their highest level since November 2012 * Carbon prices have been rising steadily this year after reforms to tighten supply in the market were agreed by EU lawmakers * Analysts have raised their forecasts for carbon prices due... Read more.. |
Himachal Pradesh mulls floating solar plants in reservoirsAfter Kerala and Chandigarh, Himachal Pradesh too is mulling to harness clean energy via floating solar plants in reservoirs and dams across the state. Having two major reservoirs including Govind Sagar Dam (which is the third biggest reservoir in India) and Maharana Pratap Sagar or Pong Dam, the proposed plan could yield desired results for the government. ... Read more.. |
Telangana inks MoU with ISE Foods, Clean Authority of Tokyo for solid waste managementTelangana has signed a memorandum of understanding with the Clean Authority of Tokyo on Friday for solid waste management. The two sides will exchange expertise and build technical cooperation in waste management. Jayesh Ranjan, Principal Secretary, Industries & Commerce (I&C), Telangana and Yoshimi Sato, Vice-President, Clean Authority of Tokyo, signed the MoU. ... Read more.. Date : Jan 22 Source: Business Line
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Waste-to-power project in the offing at Nakodar in PunjabThe state is all set to have its first “waste to power” project by March this year at the Sugarfed plant in Nakodar. The decision in this regard was taken at a meeting under the Chief Secretary Karan Avtar Singh on the orders of the National Green Tribunal (NGT). Punjab Municipal Infrastructure Development Company (PMIDC) chairman Ajoy Sharma said, “Refuse-derived fuel (RDF) energy plants were under... Read more.. |
VF Corporation Announces New Sustainability & Responsibility Strategy to Guide Transformative Changes and Create Business ValueVF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, today announced its new global sustainability and responsibility strategy, Made for Change. The strategy was communicated in conjunction with VF’s Sustainability and Responsibility Performance Report. Made for Change outlines VF’s aspirations for advancing environmental and social improvements across its business,... Read more.. |
Applied DNA to introduce 'GeoTyping' for cotton trackingApplied DNA Sciences will introduce 'GeoTyping' Beta program, helping brands and retailers in identifying country-of-origin in cases of cotton substitution. This is an expansion of Applied DNA's SigNature T cotton traceability system, enabling the identification of the origin for cotton that may be replaced for the cotton specified on labels. The GeoTyping program will use a known library of biomarkers that... Read more.. |
$350-million solar development fund in the works: Raj Kumar SinghIndia is setting up a $350-million solar development fund to support financing of solar projects, minister of state for new and renewable energy Raj Kumar Singh said. Delivering the keynote address at the International Solar Alliance (ISA) Forum in Abu Dhabi on Wednesday, the minister said the cost of renewable energy has fallen steeply over the years and it was set to replace conventional energy. ... Read more.. |
Canada’s CDPQ eyes stake in CLP IndiaCanada’s second largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is looking to acquire a stake in CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, said two people aware of the development. CDPQ’s interest in the Indian subsidiary of Hong Kong Stock Exchange-listed CLP Holdings Ltd comes in the backdrop of a few Indian clean energy firms offering scale.... Read more.. |
Chinese conglomerate to set up mega solar manufacturing plant in Andhra PradeshCETC Renewable Energy Technology Company, an ancillary of China Electronics Technology Group, will set up a mega solar manufacturing plant in Andhra Pradesh with an investment of $50 million, it was announced on Thursday. It has signed an MoU in this regard with the Andhra Pradesh Economic Development Board (APEDB). ... Read more.. |
2017 'warmest year without El Niño'Manmade climate change is now dwarfing the influence of natural trends on the climate, scientists say. Last year was the second or third hottest year on record - after 2016 and on a par with 2015, the data shows. But those two years were affected by El Niño - the natural phenomenon centred on the tropical... Read more.. |
BSVI norms: India revises standards specifications for petrol and dieselBureau of Indian Standards (BIS), India's specifications and standards regulatory body, announced it has revised the standards on petrol and diesel as per Bharat Stage (BS) VI fuel norms from the earlier BS IV emission norms. "BIS has revised the Indian Standards on Petrol (IS 2796) and Diesel (IS 1460) as per BS VI fuel norms. So far, these standards covered fuel requirements based on emission norms up to... Read more.. |
YES Bank to raise $1 b to fund solar energy projectsYES Bank on Wednesday said it will mobilise $1 billion till 2023 and $5 billion till 2030 towards financing solar energy projects in India. The private sector bank made this announcement at the International Solar Alliance (ISA) conference organised at the World Future Energy Summit 2018 in Abu Dhabi. As... Read more.. |
Dow introduces recyclable polyethylene packaging solution in IndiaDow Packaging and Specialty Plastics (P&SP) has introduced a fully recyclable polyethylene packaging solution in India. The company has developed an advanced formulation of polyethylene (PE) resins to produce sustainable all PE laminate solution with flexible packaging applications. Currently used... Read more.. |
BEE-IIP sign pact to support industry enhance energy efficiencyExtending support to the industry in their effort for enhancing energy efficiency through the Knowledge Exchange Platform Initiative, a Memorandum of Understanding (MoU) has been signed between Bureau of Energy Efficiency (BEE) and Institute for Industrial Productivity (IIP). The MOU was signed by Abhay Bakre, Director General on behalf of BEE and Somnath Bhattacharjee, Director on behalf of IIP.... Read more.. |
Trump says solar tariff decision coming soon, stakes huge for industryU.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, "Everybody goes out of business." The solar industry is anxiously awaiting the decision, which will have wide-reaching implications for the sector. Domestic panel producers opposed to cheap imports... Read more.. |
