You are here
Sustainability Outlook Headlines
Renewable energy sector outlook supported by strong project pipeline: ICRARating agency ICRA has said its outlook for renewable energy (RE) sector is stable supported by continued policy support from the government, strong project pipeline and superior tariff competitiveness offered by wind and solar power projects -- both in the utility and the open-access segments. Further, tariff competitiveness offered by the solar and wind power projects in utility auction route continued to remain superior with tariffs remaining below Rs 3 per unit despite the upward pressure arising from the imposition of customs duty on imported cells and modules from April 2022... Read more.. Date : Aug 31 Source: Economic Times
|
Singapore exchange proposes mandatory climate-related disclosuresSingapore Exchange Regulation (SGX RegCo), Singapore’s stock exchange regulator, will require mandatory climate-related disclosures for listed companies as part of a roadmap to meet investor demand for greater commitments to tackle climate change. From 2022, all companies will need to disclose information in-line with recommendations from the Group of 20’s Task Force on Climate-related Financial Disclosures (TCFD), according to the proposal published on Thursday. In addition to the TCFD framework, the regulator outlined seven environment-related metrics for reporting,... Read more.. Date : Aug 31 Source: Eco-Business
|
India plans to emerge as a global leader in green hydrogen: Power Minister R K SinghIndia plans to emerge as a global leader in green hydrogen and the country is proposing to mandate using green hydrogen in fertilizer and in refining, power minister R K Singh has told the US Special Presidential Envoy for Climate (SPEC) John Kerry. In a telephonic conversation last evening, Singh also informed Kerry that India will invite bids for green hydrogen in the next 3-4 months to encourage viable usage of hydrogen as a fuel, according to a power ministry statement. India is looking at bids for 4,000 MW of electrolysers capacity, it stated. As per the statement... Read more.. Date : Aug 30 Source: Economic Times
|
To push EV adoption, Karnataka eyes sops for companies making retrofit kitsThe Karnataka government is planning to offer sops to electric vehicle (EV) startups to retrofit petrol-powered two- and three-wheelers to make them electric. "We want to look at it from the demand side, and give a policy push to drive demand," a senior government official, who is part of negotiations with stakeholders, told ET. By policy push, the officials hinted at offering incentives to startups, but they added that the talks are at a very early stage. Karnataka was ahead of other states when it came up with an electric vehicles and battery storage policy in 2017. The... Read more.. Date : Aug 30 Source: Economic Times
|
Kerala to get India’s first solar fishing boatsIndia’s first sea-going solar fishing boats will be ready by Dec 2021 at Vypeen and Munambam in Kerala. Funded by Shell Foundation, the charity arm of British-Dutch petroleum company, five boats are in various stages of development and the works are done by a startup named NavAlt Solar and Electric Boats. CEO of NavAlt, Sandith Thandasherry said there are over 2.5 lakh small fishing boats in India and 1.13 tonnes of CO2 are released/tonne of live weight of marine fish netted. Shell Foundation is supporting the project with Rs 5 crore, which includes the cost of developing the boats... Read more.. Date : Aug 30 Source: Economic Times
|
Showstopper Ladakh solar power project hits land hurdleThe government is eyeing to build a global showstopper in Ladakh by raising the capacity of the proposed mega solar power project to 10,000 MW along with a 5,000 MW battery storage and 3,000 MW wind farm. But a year after prime minister Narendra Modi announced it during his Independence Day speech in 2020, the plan continues to stumble over land issues. The original blueprint envisaged a photo-voltaic set up of 7,500 MW capacity split in roughly 70:30 ratio between Leh and Kargil districts, respectively. But the topography of Zanskar region of Kargil, where a packet of 2,500 MW was... Read more.. Date : Aug 30 Source: Economic Times
|
NITI Aayog Releases North Eastern Region District SDGIndex and Dashboard 2021–22: East Sikkim ranks first in the region followed by districts Gomati and North Tripura in the second positionA milestone towards localising the Sustainable Development Goals (SDGs) was achieved with the release of the first edition of the North Eastern Region (NER) District SDG Index Report and Dashboard 2021–22 by NITI Aayog and Ministry of Development of North Eastern Region (M/DoNER), today. The NER District SDG Index& Dashboard, a collaborative effort by NITI Aayog and Ministry of DoNER, with technical support from UNDP, is the first of its kind in the country as it focuses on the North Eastern Region, which is of critical significance to the country’s development trajectory. The Index... Read more.. Date : Aug 27 Source: PIB
|
Power Ministry sets up regulatory compliance wing to monitor discomsThe Union Power Ministry has set up a regulatory compliance division to monitor the various regulatory parameters and their compliances by power distribution companies as well as state commissions, an official statement said. ET had on April 13 reported the union power ministry will soon have a separate wing to watch over compliance by all regulatory commissions. The monitoring wing will also look at the pendency of cases and delays in judgments in each body. The report mentioned that the wing is proposed to be operational in the next three-four months. Power and renewable... Read more.. Date : Aug 27 Source: ET Energy World
|
Govt to announce PLI scheme for automobile sector, allocate Rs 57,000 crThe government is backing localisation and reduced import dependency for the auto sector by announcing a big ticket PLI scheme. “The department of heavy industries is in the final stage of announcing the PLI scheme and the highest budget allocation of Rs 57,000 crore for the sector,” said union heavy industries minister Mahendra Nath Pandey while speaking at the 61st annual session of the Automotive Component Manufacturers Association (ACMA). The minister set an ambitious export and employment target for the auto component industry asking it to double its exports to $30 billion in the next... Read more.. Date : Aug 27 Source: Times of India
|
BMC to launch website on climate action plan on FridayThe BMC will launch a website of Mumbai’s climate action plan on Friday. Maharashtra Environment Minister Aaditya Thackeray will conduct the launch, officials said. Through the website, residents can give feedback and suggestions on the first climate action plan, which is currently under preparation. The website will be an information forum where citizens can view details about climate change, action plans of other cities and steps required to fight the change. Officials from BMC said that the Mumbai Climate Action Plan is expected to be ready around October. The plan is... Read more.. Date : Aug 27 Source: Indian Express
|
50% of country's freshwater-based coal-powered plants flout consumption, emission norms: StudyAbout 50% of freshwater-based coal-powered plants, mostly of state-owned companies, do not comply with 2015 water-consumption norms, even after six years. Date : Aug 27 Source: Times of India
|
IIT Delhi researchers develop modified cotton fabric which adsorbs air pollutantsResearchers at the Indian Institute of Technology (IIT) Delhi have developed a modified cotton fabric capable of adsorbing harmful air pollutants. ZIF-8@CM Cotton and ZIF-67@CM Cotton, as they are called, are Zeolite Imidazolate Framework (ZIF)-modified functionalised fabrics which adsorb high levels of organic air pollutants like benzene, aniline, and styrene from the ambient air. According to the research team, air pollution resulting from the rising levels of particulate matter, nitrous oxides, sulphur oxides,... Read more.. Date : Aug 27 Source: New India Express
|
NMCG hosts Session on ‘Zero Liquid Discharge Cities’ on Day 4 of Stockholm World Water Week 2021National Mission for Clean Ganga hosted the third Meet & Mingle session on ‘Zero Liquid Discharge Cities’ on the Final Day of the Stockholm World Water Week 2021. Mr. Sumouleendra Ghosh, Global Water Lead of KPMG moderated the session. He welcomed everyone and introduced NMCG as an integrated mission focusing on rejuvenation, protection, and restoration of the Ganga River Basin, one of the largest river basins across the globe. To set the context of the session, he explained that Zero Liquid Discharge (ZLD) is a well-known concept but currently associated with industries. However, it... Read more.. Date : Aug 27 Source: PIB
|
AirCarbon x Nike: Newlight and Nike Partner to Reduce Carbon FootprintNewlight Technologies (www.newlight.com) announced today a partnership with Nike to explore the use of AirCarbon, a carbon-negative biomaterial produced by microorganisms from the ocean. AirCarbon is currently used in fashion applications as a carbon-negative substitute to plastic and leather, including for eyewear, wallets, and bags. Nike will explore the use of AirCarbon in a variety of applications, with the goal to advance Nike's mission to create products that are better for athletes and the planet. "AirCarbon offers an opportunity to... Read more.. Date : Aug 27 Source: PRN Newswire
|
Emission reduction of 28% over 2005 levels, against the target of 35% by 2030 already achieved by IndiaIndia has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions). This makes India among one of the few countries globally which has kept to its Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity. Considering the pace of development in the energy sector, India is determined to not only achieve, but to exceed its NDC commitments well within the committed time frame. This was stated by Union Minister of Power and New & Renewable Energy,... Read more.. Date : Aug 26 Source: PIB
|
Gadkari urges vehicle makers to discourage diesel engines, promote alternative technologiesUnion Road Transport and Highways Minister Nitin Gadkari on Wednesday asked vehicle manufacturers to discourage production and sale of diesel engine vehicles, and urged them to promote other technologies. Addressing industry body SIAM's annual convention virtually, Gadkari said the government is committed to delivering vehicles with flex engines that give the users an option to run a vehicle on either 100 per cent petrol or 100 per cent bio-ethanol. "The industry must promote alternative fuel technologies and fund R&D (research and development) for alternative fuels," he... Read more.. Date : Aug 26 Source: Economic Times
|
Simple Energy to raise funds to tune of $100 millionBangalore-based EV maker Simple Energy on Tuesday announced its plans to raise funds to the tune of $100 million in Series A funding. The startup, which earlier this month launched its flagship electric scooter, Simple One, also said it is in talks with some global investors for this round, which is expected to be completed by later this year. Simple Energy eyes to become a unicorn firm as the valuation would increase post-closing Series A, it said in a release. The company has been aggressive about its expansion plans and has raised a total sum of $15 million before the... Read more.. Date : Aug 26 Source: Telegraph India
|
Gautam Solar installs 1,000 solar pumps in HaryanaSolar power equipment maker Gautam Solar on Tuesday said it has installed 1,500 solar pumps at various locations in Haryana under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme. By May 2021, the company had installed 1,000 solar pumps in Haryana. According to the company press release, by August, the company bagged an order of about 1,500 more solar pumps from Haryana farmers. “So far, we’ve worked with the farmers of Haryana and Rajasthan.. We look forward to working with farmers in the other regions of the country as well,” said... Read more.. Date : Aug 26 Source: Economic Times
|
Former Chairman, Atomic Energy Commission, harps on Disruptive Technologies for Competitive Cost of Energy & De-carbonisationDr. Anil Kakodkar, former chairman, Atomic Energy Commission, stressed that lower cost of energy is key to the growth of the economy, and India should focus on developing disruptive technologies to keep the cost competitive and meet the goal of decarbonisation by year 2050, at a talk today. “Clean energy supply would increase 120 to 140 times, and this increase has to come primarily through solar, wind, and nuclear. Share of electricity would go up primarily for e-mobility. Surplus biomass can be converted to hydrogen or hydrogen substitutes for use in industry and transportation.... Read more.. Date : Aug 26 Source: PIB
|
New advanced oxidation technology can enhance waste water reuse at lower costA new technology may soon enhance the reuse of waste water in an affordable and sustainable manner. The technology which uses UV-Photocatalysis can treat municipal sewage and highly polluting industrial wastewater streams and increase its reuse as a technological option in industrial as well as municipal wastewater treatments. With ever-increasing water crisis, it becomes imperative for industries & utilities to reuse ‘treated water’. However, the current treatment practices are inefficient because of high dependence on biological treatment systems, which are unable to bear... Read more.. Date : Aug 26 Source: PIB
|
NITI Aayog and World Resources Institute India Jointly Launch ‘Forum for Decarbonizing Transport’ in IndiaNITI Aayog and World Resources Institute(WRI), India, jointly launched the ‘Forum for Decarbonizing Transport’ in India as part of the NDC-Transport Initiative for Asia (NDC-TIA) project on 23August. The launch was held virtually and inaugurated by NITI Aayog CEO Amitabh Kant. Dignitaries from various ministries and NDC-TIA project partners, along with stakeholders from the mobility and the energy sector, were present during the launch. The project aims at bringing down the peak level of GHG emissions (transport sector) in Asia (in line with a well below 2-degree pathway), resulting... Read more.. Date : Aug 25 Source: PIB
|
Boost for hydrogen mission, India gets first electrolyser unit in BengaluruMoving in line with the green hydrogen roadmap that Prime Minister Narendra Modi announced in his Independence Day speech this year, US-based renewable energy company Ohmium International, through its Indian subsidiary, started India’s first green hydrogen electrolyser manufacturing unit at Bengaluru on Tuesday. "The company is already in talks with some state-run majors and private players keen on hydrogen projects for supply of electrolysers from our electrolyser gigafactory in Karnataka," said Pashupathy Gopalan, an Ohmium Investor. This comes at a time when industry majors like... Read more.. Date : Aug 25 Source: Business Standard
|
Solar energy to contribute 300 GW to India’s RE target: Amitesh Sinha, Jt Secy, MNRESolar energy will contribute almost 300 gigawatt (GW) to the 450 GW of renewable energy target that India aims to achieve by 2030, said Amitesh Sinha, joint secretary, Ministry of New and Renewable Energy on Wednesday. He said that the country has a clear road map on the part of demand visibility. “India needs to add about 25 GW of solar energy capacities every year... Apart from this, we are also moving towards a green hydrogen ecosystem,” he said at a virtual event organised by industry body, the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Sinha... Read more.. Date : Aug 25 Source: Economics Times
|
India stands committed to working with the U.S. on Clean Energy.Minister of Environment, Forest and Climate Change, Shri BhupenderYadav today held a telephonic conversation with U.S. Special Presidential Envoy for Climate (SPEC), Mr. John Kerry today, to discuss Climate Action and Finance Mobilization Dialogue (CAFMD) Track under India-US Climate and Clean Energy Agenda 2030 Partnership, and other related issues Both sides agreed that India and the USA, will engage for a constructive engagement under the “India-US Climate and Clean Energy Agenda 2030 Partnership” .The Environment Minister stated that these platforms provide greater opportunities... Read more.. Date : Aug 25 Source: PIB
|
Kerala State Electricity Board eases procedures for setting up solar power unitsTHIRUVANANTHAPURAM: In a bid to ease the procedure for consumers interested in setting up grid connected solar rooftop power generating system, the Kerala State Electricity Board (KSEB) has decided to set up a single point of contact at the corporate office level. The board would also set up a user-friendly, convenient and transparent web portal for solar rooftop applications so that applicants can monitor the status of their requests without any difficulty. The single point of contact comes as per the provisions envisaged in the Electricity (Rights of Consumers) Rules 2020... Read more.. Date : Aug 25 Source: Economics Times
|