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Sustainability Outlook Headlines
cKers Finance, India’s first sustainability focused project financier, recognized by India Innovation Lab for Green FinanceThe India Innovation Lab for Green Finance has selected cKers Finance’s idea for Sustainable Energy Bonds for further analysis, development, and preparation for a pilot implementation. Through Sustainable Energy Bonds, cKers aims to drive finance to sustainable energy projects by attracting impact investors looking for debt exposure and offering them a set of instruments that provides return as well as standardized impact measures. Once implemented, Sustainable Energy... Read more.. |
Rural Electrification Corporation eyes Rs 10,000 crore renewables lending pushRural Electrification Corp. (REC), a state-owned backer of India’s power sector, plans to lend billions of rupees to clean-energy projects and equipment makers this fiscal year as part of an expanded push into renewables that will also see it issue green bonds overseas. The non-banking financial company is aiming to triple its clean-energy lending and is expecting to set aside nearly Rs10,000 crore ($1.5... Read more.. |
India in $175 million loan pact with World Bank to improve water managementIndia today signed a USD 175 million loan pact with the World Bank for National Hydrology Project that aims to improve management of water resources. The project will strengthen the capacity of institutions to assess the water situation in their regions and reduce their vulnerability to recurring flood and droughts, saving hundreds of lives and livelihoods, the multilateral agency said in a statement.... Read more.. |
Railways eyes Rewa-type solar plant with Madhya Pradesh GovernmentThe Rewa Ultra Mega Solar (RUMS) park could turn out to be a game-changer in renewable energy in India. Soon after bids were cleared for the 750MW project, the railways approached the MP government to set up a Rewa-type solar plant, and even Coal India and oil firms are eyeing green energy, Manu Shrivastav, the principal secretary for new and renewable energy, told TOI on Wednesday. “After the Delhi Metro,... Read more.. |
Bengaluru: Soon, buy power only when you need it via prepaid metersPay and use may become the maxim in the power supply sector too. Apartment complexes with more than 200 units and industries may have the option of buying prepaid meters in future. The move proposed by Bescom aims to benefit residents who stay out of home for long and wonder why they should pay the power bill. “At present, even when consumers are not using electricity, they end up paying maintenance charges... Read more.. |
Swachh Bharat: Funds for treating solid waste cut 46 per centAs Swachh Bharat Mission reaches the halfway mark of implementation, the Centre has decided to halve the expenditure on solid waste management, the biggest head of the cleanliness drive. The government has scaled down expenditure on solid waste management 46 per cent to Rs 20,153 crore from Rs 38,000 crore approved by the Cabinet in September 2014, when it gave its assent to the Rs 62,009-crore mission. ... Read more.. |
Solar energy firm Freyr launches mobile applicationFreyr Energy, a city-based start-up focused on solar energy, launched a mobile app to help individuals and companies to run rooftop solar business. Describing Freyr SunPro, the app, as a first of its kind, co-founder and managing director Saurabh Marda said using complex algorithms and data analytics it streamlined the entire process of getting a customer’s solar requirement fulfilled. The app, both for iOS... Read more.. |
National Green Tribunal orders immediate closure of industries near Bengaluru's Bellandur lakeThe National Green Tribunal today directed an immediate and complete shutdown of all industries around Bengaluru's Bellandur Lake where a mound of garbage was set on fire in February this year. Slamming the local civic bodies for inaction, a bench headed by NGT Chairperson Justice Swatanter Kumar also banned dumping of any kind of municipal solid waste around the lake and announced an environment... Read more.. |
Haryana government exempts solar devices from Value Added Tax levyIn order to give a boost to implementation of the Haryana Solar Policy and also to encourage entrepreneurs to set up ventures for manufacturing solar devices and equipment in the state, the Haryana Government today exempted solar devices and equipment or parts used in installation of solar power projects, from the levy of Value Added Tax (VAT) in the state. A decision to this effect was taken by the Haryana... Read more.. |
Non-fossil fuels will form over half of India’s energy capacity in 10 years, says governmentRenewables, nuclear and large hydroelectric power plants -- will account for more than half (56.5%) of India’s installed power capacity within the 10 years to 2027, according to a draft of the third National Electricity Plan (NEP3) released in December 2016. The draft notes that if India achieves its target to install 175 gigawatts (GW, which consists of 1,000 megawatts) of renewable energy capacity by 2022... Read more.. |
'Zero liquid discharge' to accomplish National Mission for Clean Ganga: Uma BhartiSpeaking on the mission of National Mission for Clean Ganga, Union Minister Uma Bharti on Tuesday asserted that Uttar Pradesh Government and the Centre decided to work on zero liquid discharge to remove the salt wastes of the leather industry dumped in the river. Uttar Pradesh Government on joint effort with the Centre has decided to work on zero liquid discharge to remove the salt based wastes discharged by... Read more.. |
Government halves the size and financial aid for its largest-ever rooftop solar projectThe renewable energy ministry has halved the size of its largest-ever rooftop solar tender and also cut the financial assistance offered for it. Ashvini Kumar, managing director of state-run Solar Energy Corporation of India (SECI), which had released documents related to a tender for installation of 1GW of rooftop solar plants across buildings of 12 central ministries, told ET the tender size has been... Read more.. |
India an important partner in tackling climate change: UNA top UN climate official today expressed interest in "engaging" with Indian institutions working in the field of climate change while acknowledging India as an "important" partner in tackling the global issue. United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary Patricia Espinosa met Environment Minister Anil Madhav Dave, who stressed the importance of adopting sustainable... Read more.. |
Telangana identifies 17 places in Hyderabad to move polluting unitsTelangana IT and Industries Minister K T Rama Rao on Tuesday held review meeting with the officials of State Pollution Control Board and representatives of industries in and around the capital. According to an official release, the Minister instructed that the polluting industries should be moved out of the city and located beyond the outer ring road and the government has already identified 17 locations to... Read more.. |
Centre distributes over 1 lakh LED bulbs to ChandigarhThe Centre has distributed over one lakh LED bulbs under the Ujala scheme in the city. The Ujala (Unnat Jeevan by Affordable LEDs and Appliances for All) scheme was launched in the city last month. Along with distributing the LED (Light emitting diode) bulbs, 15,000 20W LED tubelights as well as 5,000 BEE 5... Read more.. |
State Energy Conservation Committee of Telengana sets ball rolling on energy savingState government formed a 14-member State Energy Conservation Committee (SECC) which will provide a direction in the energy conservation, policy making and initiatives of the State.According to officials of the Telangana State Renewable Energy Development Corporation (TSREDCL) the committee would be headed by the special chief secretary of energy department with TSREDCL vice-chairman and managing director as the member secretary for the newly formed committee under the Energy Conservation Act, 2001.... Read more.. |
Drought: 18 states asked to use central budgetThe drinking water ministry has asked 18 drought-prone states to utilise 25% of the Central budget available with them to mitigate drinking water crisis. While 13 states were identified last year as drought-prone, the ministry has assessed another five states as the ones facing drinking water scarcity this year. ... Read more.. |
Plastic ban: NGT seeks status report from Delhi GovernmentThe National Green Tribunal (NGT) on Tuesday sought a detailed compliance report by May 19 from the Delhi Government and state pollution control committee in connection with the usage of disposable plastic in the national capital. The NGT had earlier on January 1 prohibited the use of plastic in the national capital, asking for strong action against storage, sale and use of such materials.... Read more.. Date : Apr 19 Source: INDIA.Com
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PLANT PV launches ‘Silver-on-Aluminum’ paste with a 1% power output gain for c-Si solar cellsPLANT PV, has introduced its first major product to enable significant improvements in conventional solar cell power output. PLANT PV’s new ‘Silver-on-Aluminum’ paste is designed for easy implementation with no added investment cost for cell producers and is claimed to lead to a 1% increase in relative power output for c-Si solar cells. The company, which was incubated out of the Molecular Foundry at Lawrence Berkeley National Laboratory, will present its Ag-on-Al paste concept and test results at this week’s... Read more.. |
Green energy firms explore portfolio mergers to aid sell-offIndia’s clean energy project developers are in talks to merge their portfolios as part of a strategy to achieve scale for selling the assets to overseas investors scouting for large investment opportunities in the country. A case in point is Ravi Jhunjhunwala’s LNJ Bhilwara Group, which is in talks with rivals to merge its wind energy portfolio. Another company following this strategy is Continuum Wind... Read more.. |
HanesBrands aims to reduce energy usage by 40%HanesBrands, a leading marketer of everyday basic innerwear and activewear apparel under world-class brands in the Americas, Europe and Asia-Pacific, has released its 2016 environmental performance data on energy usage, carbon dioxide emissions, water usage, renewable energy and landfill diversion. Compared with its 2007 baseline, the company reduced its energy usage by 16 per cent, carbon emissions by 16... Read more.. |
Sustainability Outlook partners with FICCI for the Symposium on Circular Economy & Waste ManagementFederation of Indian Chambers of Commerce and Industry (FICCI) is organizing the first symposium on Circular Economy and Waste Management on April 25-26 2017. The symposium is the first and only event in India on the subject with an objective to mainstream Circular Economy Principles in Indian businesses for long term value creation, be it economic (extended value of products and materials for as long as possible) as well as environmental (minimizing waste generation and resource use). The symposium will... Read more.. |
India has achieved 12,200 MW of solar capacity, says Piyush GoyalStating that India has already achieved 12,200 MW of solar capacity so far, Union power minister Piyush Goyal today reiterated that the country is well poised to reach its target of 100 GW capacity by 2022. "The country's solar power generation capacity was 2,600 MW in 2014 and it has now jumped to 12,200 MW now," Goyal said at an event here. ... Read more.. |
JA Solar sells 1,000 mw modules in IndiaChinese solar major, JA Solar Holdings has exported solar modules with a total capacity of 1,000 mw into India. “The 1GW of modules shipped to India represents electricity generation capacity of approximately 1.7billion units, which can reduce carbon emissions by 1.47 million tons annually. The company's shipments to India in 2016 represent significant market share in the region. JA Solar also believes that... Read more.. |
Rays Power commissions 78 MW solar project in UttarakhandSolar solutions provider Rays Power Infra today said it has commissioned 78 MW of solar PV project in Uttarakhand. The 78 MW project comes under Uttarakhand Renewable Energy Development Agency’s (UREDA) competitive bidding for 2015-16 and will supply energy to the industrial areas of Bhagwanpur and Roorkee, the company said in a statement. ... Read more.. |
