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Sustainability Outlook Headlines
Kejriwal lays emphasis on adoption of solar energyChief Minister Arvind Kejriwal said Wednesday solar power generation in Delhi has increased from 7 MW to 177 MW in four years and emphasised on its adoption in a mission mode. "In the last four years, solar power generation in Delhi has increased from about 7 MW to 177 MW, but this is not enough because Delhi has a vast scope for it. The need is to adopt solar power as a mission," he said at the inauguration of a 218 KW solar plant at Lady Irwin College in Mandi House area. Kejriwal said the solar energy growth in... Read more.. |
Grinntech to set up battery manufacturing facility in Tamil NaduGrinntech, an investor-backed startup specialising in Lithium-Ion batteries for EVs and energy storage systems, has signed an MoU with the Tamil Nadu government to establish a battery and battery management system manufacturing facility in the state to cater to the anticipated growth of electric vehicles (EVs) in India. "We are grateful... Read more.. |
Green hydrogen, electric trucks 'ripe for investment' by EU recovery fundGreen hydrogen, low-carbon aviation fuel and electric trucks are among 55 clean technologies that can help the European Union to reach its goal of climate neutrality by mid-century, research by Capgemini Invent, part of Capgemini Group, showed on Wednesday. The research, which aims to provide a guide for policymakers and investors, identified technologies and projects the EU could invest in using money from... Read more.. |
Tata Power to develop 100 MW solar project at Dholera, GujaratTata Power has received a Letter of Award (LOA) from the Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 100 MW solar project in Dholera Solar Park, Gujarat, the company said in a statement.The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA), valid for a period of 25 years from the scheduled commercial operation date. ... Read more.. |
CLP India’s wind energy arm raises around Rs 300 crore via green bondsCLP India Private’s wind energy arm, CLP Wind Farms (India) Private, has raised Rs 296.9 crore through green bonds, the company said on Wednesday. The Hong Kong headquartered-CLP Group’s India subsidiary aims to use the proceeds to refinance loans used for projects in the field of renewable energy from the wind sources. “The issuance of these green bonds will enable us to strengthen our low-carbon portfolio... Read more.. |
IEA's 2020 World Energy Outlook report buttresses hydro power's role: IHAThe International Energy Agency’s 2020 World Energy Outlook report recognizes the critical role of renewable and flexible hydropower in helping countries to meet their climate and sustainable development goals, the International Hydropower Association (IHA) said. The global industry body said in a statement, commenting on the IEA report published today, under all scenarios in the flagship report, hydropower will continue to have an important role as a major source of low-carbon electricity as well as vital flexibility... Read more.. |
Govt to set up inter-ministerial committee on energy modellingThe government will set up an inter-ministerial committee under NITI Aayog CEO Amitabh Kant to spearhead research and study on energy modelling in India. The committee will consist of top representatives from the petroleum and natural gas ministry, power ministry, ministry of new and renewable energy, coal ministry, ministry of environment, forest and climate change and department of science and technology. This committee along with a steering committee will serve the India Energy Modelling Forum (IEMF), jointly launched by NITI Aayog and United... Read more.. Date : Oct 14 Source: The Economic Times
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Corporate funding in global solar energy grows 43% in September quarterCorporate funding in global solar energy grows 43% in September quarter
Total global corporate funding recorded a growth of 8 per cent year-over-year in September quarter, however it was 13 per cent lower on annual basis for... Read more.. |
Japan launches energy policy review amid global push for greener powerJapan on Tuesday launched its latest three-yearly energy policy review, with the country grappling with a need to cut greenhouse gas emissions even as the public remains wary over nuclear power following the Fukushima disaster. In its last review in 2018, Japan kept its targeted mix of power sources for 2030 in line with goals set three years earlier, with... Read more.. |
CCI clears acquisition of solar energy assets by Adani Green-Total Solar JVCompetition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar.Adani Green Energy Twenty Three Ltd -- a joint venture of Total Solar Singapore Pte Ltd and Adani Green Energy Ltd -- will buy the assets from Adani Green Energy Ltd. ... Read more.. |
Smart Power India suggests technical audit of solar hybrid mini gridsSmart Power India, a subsidiary of Rockefeller Foundation, has recommended technical audit and routine monitoring of solar hybrid mini grids. In its recently launched 'Technical Monitoring Guide' for solar hybrid mini grids in India, the company has also recommended remote technical assessment of the mini grids. In a statement, it said that technical audit provides a detailed snapshot of the plant at a given point in time, providing a baseline for future investigations. It also outlines corrective measures and projects future performance."... Read more.. Date : Oct 14 Source: The Economic Times
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Engie, Mitsui sell 75 per cent of renewable energy trust to Infrastructure Capital GroupEngie SA and Mitsui & Co have sold a 75 per cent stake in their newly established Australian Renewable Energy Trust to Infrastructure Capital Group (ICG) to help speed up growth in their green energy investments. Terms of the deal were not disclosed but a person familiar with the transaction said the stake was sold for A$400 million ($287 million). ... Read more.. |
Only 8% Indian firms have ESG-related compensation policy: RefinitivThough Indian companies’ average transparency rating at 29 per cent is higher than the 26 per cent for the Refinitiv ESG (environmental, social, and corporate governance) universe, only 8 per cent of Indian firms have a policy on ESG-related executive compensation, much lower than the broader universe (25 per cent). These findings are part of a new study on ESG, which compares disclosures of 160 Indian... Read more.. |
Ensure compliance of NGT directives: Manoj ParidaUT adviser Manoj Parida has directed the municipal corporation, engineering department, Chandigarh Pollution Control Committee (CPCC), environment department and others to submit an action taken report on the directives of National Green Tribunal that monitors solid waste management, bio-medical and e-waste management, polythene ban and air pollution. Sources said Parida had... Read more.. Date : Oct 13 Source: The Times of India
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Trump backs revoking tariff exemption for some solar panel importsU.S. President Donald Trump on Saturday signed a proclamation underscoring his support for revoking an exclusion from tariffs on some imported double-sided solar panels, and for raising the planned tariff rate to 18 per cent for 2021 from 15 per cent. Trump said the domestic U.S. industry was starting to increase production and market share of certain solar modules after he imposed tariffs on imports in January 2018, but further steps were needed. Bifacial panels should not be excluded from the tariffs, Trump... Read more.. |
Coimbatore Corporation plans to open more MCCs to strengthen solid waste managementCoimbatore Corporation will soon commission five more micro compost centres (MCCs) to strengthen solid waste management in the city. The Corporation, as per Commissioner P. Kumaravel Pandian’s instruction, will start using the compost centres in Kavundampalayam dump yard, MGR wholesale vegetable market, Bharathi Park Road and two more to take the total number of compost centres in use to eight.... Read more.. |
Trial run of India's first hydrogen fuel cell car successfully conducted by CSIR, KPIT |
Amazon unveils its first electric delivery vehicle: 10,000 EVs in India by 2025A year since the e-commerce giant announced The Climate Pledge, Amazon has revealed its first custom-built electric delivery vehicle built in partnership with Rivian. Amazon has committed to be a carbon-neutral company by 2040 under its climate pledge. It plans to roll out 10,000 EVs for delivering to its customers around the world by 2022 and 1 lakh by 2030. The company aims to add 10,000 EVs to its delivery fleet in India alone by 2025. Built by Rivian, this electric delivery van is the first of three... Read more.. |
TED Talk Proposes A Three-Step Plan for India’s Clean Energy TransitionOn Saturday, Varun Sivaram — senior research scholar at Columbia University’s Center on Global Energy Policy — spoke at the TED Countdown Global Launch, a global initiative to champion and accelerate solutions to the climate crisis. The event featured roughly 50 leading thinkers and doers, spanning world leaders such as UN Secretary-General António Guterres, European Commission President... Read more.. |
As World Bank faces scrutiny, U.N. chief warns lenders over fossil fuelsUnited Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, after a report found the World Bank had invested $12 billion in the sector since the 2015 Paris Agreement to combat climate change. Environmental campaigners have for years tried to prevent the oil, coal and natural gas industry from producing dangerous levels of the greenhouse gases that cause climate change by persuading commercial banks to stop lending them money. ... Read more.. Date : Oct 13 Source: The Economic Times
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Vietnam firm launches country's largest solar farm amid renewables driveVietnam’s Trung Nam Group on Monday launched a 450-megawatt solar farm, the largest of its kind in the Southeast Asian country, which is seeking to boost the proportion of renewables while reducing dependence on coal in its power mix. Located in the central coastal province of Ninh Thuan, the 14 trillion dong ($604 million) solar farm is hooked up to the national grid via a 17 km (10.6 miles) transmission... Read more.. |
HSBC targets net zero emissions by 2050, earmarks $1 trln green financingHSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion in financing to help clients make the transition, Chief Executive Noel Quinn told Reuters. The pledge is the strongest statement by Europe’s biggest bank on climate change to date, although it met with criticism from some environmental groups for not taking more... Read more.. |
Goa becomes first 'Har Ghar Jal' State across the nation by providing tap water connection to every rural householdGoa has earned itself the unique distinction of becoming first 'Har Ghar Jal' State in the country as it successfully provides 100% Functional Household Tap Connections (FHTCs) in the rural areas covering 2.30 lakh rural households. Harnessing the immense benefits of efficiently utilising the Jal Jeevan Mission (JJM) whichaims to improve the quality of life and bring 'ease-of-living' to rural communities, the Chief Minister of Goa, Shri PramodSawant announced that all ruralhomes in... Read more.. |
25,000 farmers to get solar power during day: Maharashtra ministerOver 25,000 farmers across Maharashtra will soon get full-time electricity supply during the day, state energy minister Nitin Raut announced on Monday. Taking into account problems faced in power supply to agricultural pumps at night, we decided to set up solar power projects near MSEDCL substations to... Read more.. |
Railways taps solar energy to power stations in KarnatakaThe South Western Railway (SWR) has installed solar panels on the roof of its stations, terraces of its buildings and at level-crossing gates across Karnataka to harness renewable energy for its power needs, an official said on Friday. ... Read more.. Date : Oct 12 Source: The Economic Times
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