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Sustainability Outlook Headlines
India's coastal, marine ecosystems facing destruction, says environmental organisationIndia's coastal and marine ecosystems comprising sandy beaches, estuaries, creeks and mangroves is facing destruction due to development and associated activities, pollution and climate change, a leading global conservation organisation said. On the eve of World Ocean's Day, a note prepared by the International Union For Conservation of Nature (IUCN) stated that in India, a large number of people are dependent on the coastal and marine ecosystems and their resources, for survival and livelihood. June 8 is World Oceans Day, the United Nations day for celebrating the role of the oceans in... Read more.. Date : Jun 8 Source: Deccan Herald
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Denmark and India sign MoU on green energy transitionIndia’s Ministry of Power and the Danish Ministry of Climate, Energy & Utilities have signed a Memorandum of Understanding (MoU) to cooperate on green energy transition in India. The MoU will be the foundation for the new 5-year Indo-Danish cooperation called the India-Denmark Energy Partnership. The partnership aims at supporting the ambitious Indian target of 175 GW by 2022 and long-term target of 450 GW renewable energy capacity announced by Prime Minister Narendra Modi at the UN Climate Summit in September 2019. Key focus areas under the MoU are knowledge exchange on energy... Read more.. Date : Jun 8 Source: PV Magazine India
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EESL Plans to set-up 2000 EV Charging Stations in 2020-21Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step up its efforts for installation of electric vehicle (EV) charging stations in the country during fiscal 2020-21. The firm has been in charge of the project to boost the e-mobility ecosystem in India. And has accordingly set its sights at installing around 2,000 EV charging facilities across the country during this fiscal year. At present, it has installed over 300 such charging stations in India.... Read more.. Date : Jun 8 Source: Saur Energy International
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Domestic players at SEZs raise concern over govt plan to impose basic customs duty on solar cellDomestic solar cell and module makers located at the special economic zones (SEZs) have raised concerns over the government's plan to impose basic customs duty (BCD) on these equipment, saying it would raise their overall product cost on domestic sales. Noting that the domestic renewable energy sector has potential to generate about four lakh jobs over the next three years, they have sought the government's "immediate intervention" to provide a level-playing field to all domestic players. In a webinar, a group of solar cell and module manufacturers located at the SEZs said the government... Read more.. Date : Jun 8 Source: ET Energy World
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Apex solar body asks MNRE for extension of ISTS charges and losses waiverThe National Solar Energy Federation of India (NSEFI), an organisation of all solar energy stakeholders of India, has requested the Ministry of New and Renewable Energy (MNRE) for extending the waiver of inter-state transmission system (ISTS) charges and losses for renewable energy projects in wake of the COVID-19 pandemic. “The waiver of ISTS charges and losses that have been allocated as per competitive bid guidelines, having a sunset date of December 2022, should be immediately extended by a period of 12 months to account for the disruptions on account of COVID 19 pandemic,” NSEFI said... Read more.. Date : Jun 8 Source: ET Energy World
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America's DFC to invest $350 million in IndiaThe US International Development Finance Corporation (DFC) is looking to invest $350 million in multiple projects in India to support the country’s financial services sector, health infrastructure, renewable energy and food security. DFC, known as America’s development bank, has approved loans worth $142 million for ReNew Power and $50 million for Sitara Solar Energy to build and operate solar power plants in Rajasthan, $50 million for Northern Arc to scale up lending to businesses that expand access to water, sanitation, and food or advance women’s economic empowerment, besides committing... Read more.. Date : Jun 8 Source: ET Energy World
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TATA Power to Deploy Superfast EV Chargers at Select MG Motor India DealershipsWith an aim to contribute towards electric vehicle (EV) revolution in the country, utility giant Tata Power and MG Motor India, which offers luxury SUV cars in India, have signed a Memorandum of Understanding (MoU) on Monday. As per the MoU signed, Tata Power will deploy 50KW DC superfast chargers at select MG Motor India dealership locations and offer end-to-end EV charging solutions to its dealerships spread across the country. Commenting on the deal, Praveer Sinha, CEO & MD, Tata Power Company Ltd, said that, “we are delighted to associate with MG Motor India as an end-to-end EV... Read more.. Date : Jun 8 Source: Saur Energy International
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COVID-19: MNRE extends all deadlines for One Sun One World One Grid planThe Ministry of New & Renewable Energy (MNRE) on Thursday extended the deadline for various activities under its recently proposed One Sun One World One Grid (OSOWOG) plan due to the COVID-19 pandemic. “In view of the prevailing situation and lockdown in many parts of the country due to COVID-19 pandemic and as requested by many consulting firms, it has been decided to extend the timeline of each activity of the request for proposal,” the ministry said. The deadline for the pre-bid meeting has been extended till 22 June, 2020. Earlier, the deadline was 5 June, 2020. The date for the... Read more.. Date : Jun 5 Source: ET Energy World
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Railways to set up 3GW solar capacity on vacant landIn what will add further heft to India’s credentials as a clean energy champion, state run Railway Energy Management Company Ltd. (REMCL) will tender, supervise and manage electricity supply from 3 gigawatt (GW) of solar plants that will be built on vacant Railway’ land. In the union budget presented earlier this year, finance Minister Nirmala Sitharaman had proposed to set up large solar power capacity alongside rail tracks, on land owned by Railways. “The project will be divided into 3 phases of 1 GW each. First and third phase of 1 GW each will be on PPP basis under Design, Build,... Read more.. Date : Jun 5 Source: Livemint
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SECI Reschedules Pre-bid Meeting for 2.5 GW Solar Projects in K’takaThe Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for the Request for Selection (RfS) for 2500 MW (or 2.5 GW) ISTS-connected solar photovoltaic (PV) projects in Ultra Mega Renewable Energy Power Park (UMREPP), Koppal district, Karnataka. The information has been notified by SECI stating that “with respect to the RfS for setting up of 2500 MW ISTS-connected solar PV projects at UMREPP in Koppal district, Karnataka (ISTS-X), pre-bid meeting for the tender has been rescheduled to be held on June 10, 2020, at 14:00 hrs (IST).” It further added that the meeting... Read more.. Date : Jun 5 Source: Saur Energy International
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Contours of green markets for short-term trade being worked uponIndia is finalising contours of green markets for short-term trade of renewable energy, moving away from the present preference for setting up such projects on the basis of long-term tie-ups. Experts said the green markets will give an option to renewable energy companies to sell their power, particularly in context of recent examples of contract reneging by state distribution companies. They will also encourage renewable developers at a time when spot power prices on exchange are higher than the tariff as low as ₹2.34 per unit discovered through competitive bidding, Amit Kumar, partner-... Read more.. Date : Jun 5 Source: ET Energy World
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E-cars for ferrying MPs likely in Parliament this monsoon sessionFrom the Monsoon session, only electric cars may be used to ferry lawmakers to and from their homes in Lutyens’ Delhi in a bid to curb air pollution and promote a green culture in Parliament. At a recent meeting with senior officials, Lok Sabha Speaker Om Birla asked for a review of the current car usage policy, according to people familiar with the development. Apart from the Lok Sabha secretariat, the government-run India Tourism Development Corporation (ITDC) and Energy Efficiency Services Limited (EESL) provide cars in Parliament to ferry members. “During the session, after the... Read more.. Date : Jun 5 Source: Hindustan Times
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Petronas eyes stake in Tata Power's InvITMalaysian state oil and gas company Petroliam Nasional Bhd (Petronas) is in active negotiations with the Tata Group to become a key investor in Tata Power's planned renewable energy infrastructure investment trust (InvIT) as India's leading utility looks to unlock value and pare debt, said people aware of the matter. Tata Power Renewable Energy Ltd (TPREL) is a wholly owned subsidiary of Tata Power Co. Ltd (Tata Power), India’s largest integrated utility company. Tata Power has been looking to raise $500-750 million for its clean energy platform and had initiated discussions with several... Read more.. Date : Jun 5 Source: The Economic Times
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ReNew Power Inks Pact to Buy AI & ML Startup Climate ConnectWith an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni of the University of Cambridge, UK, and the Indian Institute of Technology (IIT) Mumbai, India respectively, with a shared vision to reduce energy costs and modernize power grids using AI-and-ML. The... Read more.. Date : Jun 5 Source: Saur Energy International
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New Energy Nexus, Climate Collective to build clean energy start-up ecosystem in South AsiaIndia’s foray into clean energy has been remarkable however the system-wide clean energy transition is a work in progress. Critical to accelerating the pace of this energy transition is the increased share of decentralized clean energy, which is currently at 1 per cent of total installed electricity capacity. With an eye to helping clean energy startups to accelerate the pace, New Energy Nexus, a California-based non-profit international organization geared to a 100 percent clean energy economy, and Climate Collective, non-profit focused on innovation and entrepreneurship in the... Read more.. Date : Jun 5 Source: ET Energy World
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Bridge To India lowers renewable outlook for 2020-24Clean energy consultancy Bridge To India has lowered India’s renewable capacity addition outlook for the five-year period 2020-24 as considerable economic uncertainty looms with Covid infections rising rapidly in the country. India is expected to add 35 GW of solar and 12 GW of wind power capacity over 2020-24, according to a BTI report. This base-case capacity addition is significantly lower than the consultancy’s previous estimate of 43 GW and 15 GW, respectively. “With number of infections in India still rising rapidly, considerable uncertainty remains over economic outlook. The energy... Read more.. Date : Jun 5 Source: PV Magazine India
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Climate change poses the biggest economic threat, covid-19 continues to increase challenges: ReportWith the ongoing challenge of tackling covid-19, Down to Earth’s state of the environment report released on Thursday says that climate change poses the biggest economic threat in the world both in terms of impact and likelihood in the next decade. A day before world environment day, the report said that India will have the highest number of poor people due to the outbreak. The report said that the ongoing covid-19 pandemic has affected almost 1.6 billion informal economy workers, accounting for 76% of informal employment worldwide, 265 million people are at risk of starvation and poverty... Read more.. Date : Jun 5 Source: Livemint
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India ranks near bottom of all countries, with particularly low scores on air quality, climate change mitigationIndia ranks 168th out of 180 countries in the 2020 Environmental Performance Index (EPI) according to researchers at Yale and Columbia universities who produce this biennial scorecard of national results on a range of sustainability issues. Commenting on the rankings, Yale professor Dan Esty, who directs the Yale Center for Environmental Law and Policy that co-produces the EPI, observed that “our analysis suggests that countries with broad-based sustainability efforts and particular emphasis on decarbonizing their economies come out at the top of the pack.” India’s decarbonization agenda... Read more.. Date : Jun 5 Source: The Times of India
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Changing climate creates ideal conditions for devastating locust swarmsScientists, agricultural officers and farmers are struggling to protect crops from a fresh wave of desert locusts. Earlier swarms overran the Horn of Africa region in December 2019, and the U.N.’s Food and Agriculture Organization (FAO) predicted a second wave would emerge. That second wave duly emerged in April, spreading across northeastern Kenya before moving into Uganda and South Sudan in May. These swarms are made up of the younger and more voracious offspring of the locust swarms that hit the region in December and January. “This is not the first time that East Africa has seen locust... Read more.. Date : Jun 5 Source: Mongabay
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LG Polymers India has absolute liability for gas leak, says NGTSouth Korean company LG Polymers India has absolute liability for the loss of life and public health in the gas leak incident at its plant in Visakhapatnam, the NGT has said while directing that the interim penalty of Rs 50 crore would be spent on compensation to the victims and the restoration of environment. The National Green Tribunal directed that a restoration plan be prepared by a Committee comprising two representatives each of the Environment Ministry and Central Pollution Control Board (CPCB) and three representatives of Andhra Pradesh government. The NGT also junked the company's... Read more.. Date : Jun 4 Source: Business Insider India
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Chennai-based environmental group seeks more norms for disposal of COVID-19 medical waste in Tamil NaduPoovulagin Nanbargal, an environmental group, has requested the Tamil Nadu government that a few more recommendations, in addition to the regulations released by the Central Pollution Control Board for disposal of medical, and other waste used in treating COVID-19, be considered. It has demanded that the government should set up at least one Common Bio-medical Waste Treatment and Disposal Facility (CBMWTF) per district immediately. “According to TNPCB, nearly 47 tonnes of medical waste are produced every day. But the facilities in the 11 CBMWTF are restricted to handling only up to 34... Read more.. Date : Jun 4 Source: The Hindu
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Microsoft launches program to accelerate growth of agritech startups in IndiaTechnology giant Microsoft on Wednesday announced the launch of a program for agritech startups in India that are committed to driving transformation in agriculture. The Microsoft for Agritech Startups program is designed to help startups build industry-specific solutions, scale and grow with access to deep technology, business and marketing resources, the company said in a statement. Agritech startups in India are transforming agriculture by developing innovative digital solutions to maximize productivity, improve market linkages, increase supply chain efficiency and provide greater... Read more.. Date : Jun 4 Source: Livemint
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Risen reaffirmed as India’s biggest solar module supplier in 2019China-based Risen Energy has announced it was recently reaffirmed as India’s leading solar module supplier in 2019 by clean energy consultancy Bridge to India. Risen maintained its leading volume supplier position with the highest market share while accruing over 3.6 GW module installations in India. “We would like to thank our strategic partners, customers, government agencies, EPC companies and consultants, who provided Risen with the opportunity to achieve this magnificent delivery volume,” said Bypina Veerraju Chaudary, CSMO of Risen. “Without their foresight and perseverance the... Read more.. Date : Jun 4 Source: PV Magazine India
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India’s electric two-wheeler market to cross 20 lakh units in next five years: ReportIndia’s electric two-wheeler (ETW) market size in terms of sales is set to cross 20 lakh units in the next five years, according to a recent survey of industry CXOs. It added that the expected share of ETWs in total two-wheeler sales in the next five years could vary from 6 per cent to 15 per cent. The current share of sales in financial year 2019-20 (FY20) was 0.7 per cent. The market for high-speed ETWs is predicted to grow by five times against the three-fold growth for low-speed ETWs in the next five years, said the survey by JMK Research & Analytics. According to FAME-II... Read more.. Date : Jun 4 Source: ET Energy World
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Bengaluru must create new policy framework to accelerate adoption of urban mobilBengaluru civic authorities must formulate standard guidelines for capturing and sharing of data recorded from electric vehicle (EV) charging and swapping stations across the city to ensure better planning of resources in the future, said a whitepaper published by Rocky Mountain Institute and mobility focused venture capital fund Micelio. Bengaluru, which has recently seen an influx of urban mobility services such as bike-sharing, carpooling and electric vehicles, could explore appointing a nodal authority to aggregate EV charging data at public spaces, the paper added. Such data is... Read more.. Date : Jun 4 Source: Livemint
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