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Sustainability Outlook Headlines
To curb pollution, Paris plans to ban gas-powered cars in city by 2030The noise of car engines enveloping the streets of the French capital might in the future become a memory for Paris pedestrians. In its latest initiative to reduce pollution, Paris City Hall is planning to ban gas-powered cars by 2030. The controversial move follows Mayor Anne Hidalgo's plan to ban all diesel cars from the city by 2024, when Paris will host the Summer... Read more.. |
Pollutant level at all-time high in Delhi during morning hoursThe national capital on Thursday saw one of the worst surges in the pollutant concentration in air during morning hours, with PM2.5 crossing the 700 level in east Delhi's Anand Vihar, while recorded as 'severe' and 'very poor' at several other places. With stubble burning continuing in neighbouring states of Punjab and Haryana, also revealed by the satellite images of NASA's Fire Mapper, the north-westerly... Read more.. |
Renewables to account for 40 per cent of India’s energy mix by 2030: Power Minister R K SinghIndia’s energy consumption is set to double over the next 6-7 years while the share of renewables in the country’s energy supply is likely to rise to 40 per cent by 2030, power and renewable energy minister R K Singh said here. Renewable energy sources – including solar and wind power – currently account for around 16.10 per cent of the energy basket. Speaking Speaking at the curtain raiser ceremony of the... Read more.. |
Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030, Says IRENAThe cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published today by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the report highlights. Launched during the ‘Innovation for... Read more.. |
CDP: Eight-Fold Increase in Global Companies Pricing Carbon Since 2013Putting a price on carbon is becoming the new normal for major multinationals, with almost 1,400 companies[1] factoring an internal carbon price into business plans, according to a new report from CDP. This represents an eight-fold leap in take up in the last four years, compared to just 150 companies in 2014, and includes more than 100 Fortune Global 500 companies with collective annual revenues of US$7 trillion. ... Read more.. |
New interpretation of customs rule for import of solar panels leaves solar developers strandedA new interpretation of customs rules has jeopardised India’s solar energy projects, with officials demanding payment of import duties on crucial inputs that were previously always shipped in without any levy, leaving developers stranded as 90% of these modules are not produced in India. This has held up about 1,000 containers of solar modules at the Chennai port, affecting almost all the leading developers... Read more.. |
IREDAs Green Masala bond raises Rs 19.5 bln by listing on SGXThe IREDA, Indias government- owned renewable energy entity has raised Rs 19.5 billion through a five-year Green rupee-denominated bond by listing on the Singapore Exchange. "We look forward to continue supporting IREDAs capital raising initiatives in the bond market, which has offered investors an opportunity to participate in the fast growing Indian renewable energy market," Tng Kwee Lian, Head of Debt Capital Markets at Singapore Exchange (SGX), said, welcoming the inaugural Green rupee-denominated or... Read more.. |
Telangana government rolls out IoT & e-waste management policiesThe Telangana government has joined the select few states in the country that offer a government policy on "Internet of Things." It is being pitched as a comprehensive policy that aims to create a conducive ecosystem for all connected with this technology. Speaking to Business Today after the release of the policy on October 10, Jayesh Ranjan, Principal Secretary, IT&C and Industries and Commerce, Telangana government, said: "It has something to offer to those who are manufacturing products related to IoT... Read more.. |
Hero Future Energies eyeing dollar bonds to raise $400-500 millionHero Future Energies, a Delhi-based renewable energy firm, is in talks with investment bankers to explore the possibilities of tapping the dollar bond market to raise funds, sources aware of the matter have confirmed with FE. According to sources, the firm might be eyeing close to $400-500 million dollars. ... Read more.. |
Centre launches interactive online platform to give corporate push to Ganga cleaningFacilitating private companies to undertake Corporate Social Responsibility (CSR) activities for Ganga rejuvenation, the government on Wednesday launched an interactive web page on the National Mission for clean Ganga (NMCG) online platform. The exclusive web page, launched by Union water resources minister Nitin Gadkari, carries all details of projects and activities which can be taken up by corporate... Read more.. |
Tata Steel develops technology to cut carbon emissions by 20%Tata Steel today said it has developed a new technology ‘HIsarna’ that can not only reduce carbon emissions by at least 20 per cent but also bring down the cost of steel production. |
Green energy tariffs will fall further, help achieve targets: MNRE SecretaryRenewable energy tariffs that have already tumbled to a record low will fall further and help India achieve its ambitious targets for generating green electricity, renewable energy secretary Anand Kumar said. However, project developers said they don’t expect wind power to get any cheaper. Developers offered to supply power at Rs 2.64 per unit to win wind energy projects at an auction conducted by Solar... Read more.. |
EESL to install over 48,000 LED street lights in GurugramState-owned Energy Efficiency Services Limited (EESL) today signed an agreement with Municipal Corporation of Gurugram to install 48,568 street lights under the Street Lighting National Programme (SLNP). “EESL shall replace over 48,568 conventional street lights with LED lights, which would lead MCG to save approximately 13 million units of electricity annually,” EESL said in a statement. The implementation... Read more.. |
Government calls for speedy implementation of power sector schemes in J&KUnion Minister of State for Power R K Singh today pitched for speedy implementation of various schemes being undertaken in Jammu and Kashmir's power sector for realising the Prime Minister's initiative of providing electricity to every household by December 2018. Singh asked the concerned officials to take necessary measures for ensuring that the Prime Minister's initiative of 'power for all' is realised and... Read more.. |
Asian NGOs push for zero waste programsNon-Government organizations (NGO) working with 16 cities across Asia have pledged during the recently held “Our Ocean Conference” in Malta to prevent nearly one million tons of waste from entering the environment through zero waste programs. Advertisements |
U.S. formally proposes scrapping Obama's carbon-cutting planThe head of the U.S. Environmental Protection Agency formally proposed on Tuesday to scrap the agency's Obama-era plan to reduce greenhouse gas emissions from power plants, as the Trump administration seeks to slash fossil fuel regulation. EPA Administrator Scott Pruitt issued a notice that the agency intended to repeal the Clean Power Plan, which it said relied on controversial calculations of economic costs and benefits. ... Read more.. Date : Oct 12 Source: ET Energyworld
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Cabinet nod to climate change policy in MaharashtraThe state cabinet has given its approval to the state’s climate change adaptation policy on Tuesday that focuses on developing the environment friendly villages and cities in the state. The state government has also decided to set up a separate cell to oversee the implementation of the policy. Officials from the environment department said the Centre had asked the states to prepare the state action plan on the climate change after the national action plan on climate change was made public in 2008. The state... Read more.. |
World’s first 2 mm tempered solar glass facility opens in BharuchThe world’s first fully tempered 2 mm solar glass production facility was inaugurated at Govali plant of Gujarat Borosil in Bharuch on Monday. It was was inaugurated by principal scientific advisor to Government of India and Padma Vibhushan awardee Dr R Chidambaram. “Production of 2 mm fully tempered solar glass will increase efficiency of the solar modules. This would further lower the cost of power and... Read more.. |
Substantially reducing emission intensity of GDP: IndiaIndia today said it is substantially reducing the emission intensity of GDP, tapping non-fossil fuel energy sources and creating additional carbon sink to fulfil its commitment towards global fight against climate change. Participating in a debate on sustainable development in the second committee of the General Assembly, First Secretary at the Permanent Mission of India to UN, Ashish Sinha said that climate... Read more.. |
M&M in talks with Karnataka for investments to expand EV unitMahindra & Mahindra is in talks with the Karnataka government for further investments in the state as it looks at expanding capacity in its electric vehicles division Mahindra Electric. Karnataka’s large and medium industries minister RV Deshpande said he had a meeting with M&M chairman Anand Mahindra on Friday to discuss proposal. “They’re also looking at Karnataka to invest,” he said. In a first,... Read more.. |
PFC to raise 1 billion in overseas debtState-run PowerFinance Corporation (PFC) will be hitting the overseas debt market with a USD 1-billion medium term note programme shortly. International rating agency Fitch has assigned a BBB- negative rating to the issue. The programme is rated in line with PFC's long-term issuer default rating as issues under the programme will constitute direct, unconditional, unsubordinated and unsecured obligations of... Read more.. |
India to build natural gas trading platform: Dharmendra PradhanIndia will soon build a natural gas trading platform, which will help lead to transparent pricing and encourage investment in the sector, Oil Minister Dharmendra Pradhan has said. Most gas produced in India today is governed by a government-set price formula and certain sectors such as fertilizer and city gas get priority over others as gas consumers, mainly because local production is low and half of the... Read more.. |
South Africa to introduce climate change legislationSouth Africa will introduce a climate change legislation by 2018, as part of its commitments to the Paris Agreement, the Parliament has said. The Parliament has been informed of this development by the Department of Environmental Affairs (DEA), Parliament's Portfolio Committee on Environmental Affairs (PCEA) said on Tuesday, Xinhua news agency reported. ... Read more.. |
Ganga mission nod for ₹700-cr worth projectsThe National Mission for Clean Ganga (NMCG) on Monday approved eight projects worth over ₹700 crore, four of which were for setting up sewage treatment plants (STPs) in Bihar, Uttar Pradesh and West Bengal. Among others were three bio-remediation projects for treating drains dumping wastewater into the Ganga and one for inventorisation and surveillance of the river, a release issued by the Ministry of Water... Read more.. |
Reliance Commercial Finance inks agreement with IREDA for Rs 300 cr loanReliance Commercial Finance Ltd on Monday said it has signed an agreement with Indian Renewable Energy Development Agency Ltd (IREDA) for Rs 300 crore loan. In a statement, the company said the IREDA loan will be used to lend to renewable energy and energy efficiency projects. The Reliance Commercial... Read more.. |