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Sustainability Outlook Headlines
ReNew to retire debt, build M&A warchest with proceeds from planned IPOIndia’s largest renewable power company, ReNew Power, aims to deploy the funds through a planned initial public offering (IPO) of its equity on acquisition and to diversify into allied sectors. Borrowing cost had spiked to Rs 8.3 billion during FY17, against Rs 5.3 billion in FY16. As on December 31, total borrowing was Rs 151 billion. ... Read more.. |
Tirupur Corporation to produce vehicle fuel from municipal waste
The City Corporation of Tirupur in Tamil Nadu has signed a Memorandum of Understanding (MoU) with the Central Leather Research Institute (CSIR-CLRI), Chennai. It is aimed to set up a plant to produce bio-compressed natural gas from municipal solid waste. The project called ‘Waste into Wheels’ will use methane as an alternative for vehicle fuel instead of generating electricity. ... Read more..Date : May 31 Source: ELETS Online
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SoftBank Group's SB Energy, IL&FS to partner for solar parks in IndiaIL&FS Energy and SoftBank group's SB Energy will form a partnership to develop grid connect solar parks of about 20 gigawatts (GW) in India, IL&FS said in a statement on Monday. "IL&FS Energy, a subsidiary of IL&FS has partnered with SB Energy (with investments from SoftBank Group International), to jointly develop grid-connected solar parks. These parks will be developed across various... Read more.. |
India delays plan to roll out 10,000 electric cars to 2019India has pushed back a deadline to put thousands of battery-driven cars on the road by nearly a year, in a setback to its ambitions of having electric vehicles comprise about a third of its fleet by 2030. State-owned Energy Efficiency Services Ltd., which is responsible for procuring electric cars to replace the petrol and diesel vehicles used by government officials, will roll out the first 10,000 vehicles... Read more.. |
Fortum with Clean Motion to develop battery swap system for light EVsClean energy provider Fortum has signed an agreement with Clean Motion for offering sustainable mobility solutions by jointly developing a battery swap system, tailored specially for light electric vehicles in India. The goal is to jointly develop a battery swap system for light electric vehicles with the aim to launch a pilot before end of 2018 on an existing Zbee cluster in India, before further... Read more.. |
LONGi Solar’s P-type mono bifacial shingled cell module sets 20.66% efficiency record‘Silicon Module Super League’ (SMSL) member LONGi Solar, subsidiary of LONGi Green Energy, the leading integrated monocrystalline PV manufacturer has set a new P-type mono bifacial ‘shingled’ cell formatted module conversion efficiency record of 20.66%. The China General Certification Center (CGC) was said to have validated the conversion efficiency record. ... Read more.. Date : May 30 Source: PV-Tech
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Enphase Energy Announces 4.5MW Solar Installation in IndiaEnphase Energy, Inc. , a global energy technology company and the world’s leading provider of solar microinverters, and Waaree Energies Ltd., India’s largest Tier 1 solar panel manufacturer, announced today a 4.5 MW solar power plant installation using Waaree Enphase AC modules. This solar power plant, located in Hosapet, India will be the largest Enphase microinverter-based solar installation globally. The... Read more.. |
BEE signs pacts for promoting energy efficiency standardsBureau of Energy Efficiency (BEE), an arm of the power ministry, announced it has signed two pacts for promoting energy efficiency in the Petrochemical and Energy Efficiency Appliances sector. The first agreement was signed with Engineers India Limited (EIL) for implementation of energy efficiency in the Petrochemical sector under the Perform Achieve and Trade (PAT) scheme. The second MoU was signed with... Read more.. |
India announces RPO compliance unitIndia’s Ministry of New and Renewable Energy (MNRE) has created a Renewable Purchase Obligation (RPO) compliance unit to improve enforcement of this key policy for clean energy deployment. Former MNRE joint secretary Tarun Kapoor once said in 2015 that RPO was the "single most important" government policy driver for renewables in India, but then as now, enforcement of the RPO had been either weak or non-... Read more.. |
Gujarat government launches policy to reuse treated waste waterThe Gujarat government today unveiled its 'Reuse of Treated Waste Water Policy' which aims to reduce the state's dependence on fresh water sources like the Narmada river. Chief Minister Vijay Rupani and Deputy Chief Minister Nitin Patel launched the policy at a function held in Gandhinagar today. The policy... Read more.. |
SECI named nodal agency to set up 2.5GW wind-solar hybrid projectThe ministry of New and Renewable Energy has appointed Solar Energy Corporation of India (SECI) as the nodal agency for setting up 2,500 MW of inter-state transmission system-connected (ISTS) power projects on a build, own operate (BOO) basis across the country, paving the way for the nodal agency to float bids for such projects. The recent circular appointing SECI as the implementing agency, comes days after the ministry issued the National Wind-Solar Hybrid Policy. ... Read more.. Date : May 29 Source: Financial Express
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Grid connected clean energy capacity reaches 70 GW in AprilUnder the grid connected renewable capacity, India did not add any capacity of Waste to Power and Biomass (Bagasse) Cogeneration). According to the report by the ministry of new and renewable energy, India added 34,165 MW of... Read more.. |
Now, pay Rs 250 per month as solar panel fee for govt houses in ChandigarhEach government house of the city having an area of 1 kanal and above will have to shell out Rs 250 per month for 1 kilowatt solar plant. Punjab governor and UT administrator V P Singh Badnore has approved the rate. The administration has decided to install at least two kilowatts solar power plant in each government house, so that it could be viable for residents to generate power. ... Read more.. Date : May 29 Source: ET Energyworld
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EU may ban plastic straws, stirs, cotton budsThe European Union (EU) on Monday proposed a bloc-wide ban on single-use plastics such as straws and cutlery while urging the collection of most plastic drinks bottles by 2025. The proposals are part of a growing EU drive to rid the environment of plastic waste which has begun showing up in the food chain. ... Read more.. |
IIT Scientists Develop Novel Nano-Composite That Can Clean Polluted AirCarbon monoxide is a major air pollutant posing threat to human health. A team of scientists led by researcher at the Indian Institute of Technology (IIT) Gandhinagar have developed a nanocomposite material that can selectively convert environmental carbon monoxide into less toxic carbon dioxide. The new composite material is made of graphene and alloy of platinum and palladium in the form of nanoparticles.... Read more.. |
SoftBank, IL&FS team up to power 20 Gigawatt solar power parksThe SoftBank Group is tying up with infrastructure conglomerate IL&FS to develop more than 20 gigawatts of solar capacity in India by 2025 to support Prime Minister Narendra Modi’s ambitious renewable energy road map for the country. This comes less than two months after the Japanese group teamed up with China’s GCL System Integration Technology for a $930 million (Rs 6,350 crore) India solar power... Read more.. |
Clean energy firm ACME grows portfolio, eyes acquisitionsClean energy firm ACME is scouting the market for acquisitions and expanding its own portfolio in a bid to beef up its 2.5 GW renewable energy portfolio. The company is targeting a clean energy portfolio of 3.5-4 GW by 2019, and while it may be open to making acquisitions, they are more focused on growing internally by building their own assets, a senior company executive said. ... Read more.. Date : May 28 Source: ET Energyworld
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Divergent AAR rulings put solar companies in a bindDivergent decisions from two separate Authority for Advance Rulings (AAR) on the GST rate applicable on installation of solar plants have thrown the solar industry into a conundrum. The industry has knocked at the doors of the government seeking clarity on the matter. Two rulings, from the Maharashtra AAR, have favoured a GST rate of 18%, treating installation as a whole works contract. The Karnataka AAR,... Read more.. |
Push for solar energy stuck in govt apathyDespite power consumers taking proactive steps to go green, the government has been dragging its feet to connect solar-powered projects to the grid. A number of prosumers (consumer and producer of solar power) have already installed panels, and have also obtained the required permissions and clearances from the Goa Energy Development Agency (GEDA) and electricity department. But they are yet to see their... Read more.. |
Aquafil-H&M Collaboration, Cotton Dyeing Process Making Textiles More ‘Effective’This year, the world’s largest event on sustainability in fashion, the Copenhagen Fashion Summit, included an Innovation Competition that saw 12 finalists pitch their technologies onstage in front of a panel of expert judges and Summit attendees. After a series of presentations and judging sessions over the two day event, the winner was announced: ColorZen. ColorZen applies a patented pre-treatment to cotton... Read more.. |
Netherlands signs framework agreement of International Solar AllianceThe Netherlands today signed the framework agreement of the India-initiated International Solar Alliance (ISA) following a bilateral summit between Prime Minister Narendra Modi and his Dutch counterpart Mark Rutte. The two sides agreed to boost bilateral trade and investment and strengthen cooperation across multiple sectors, including agriculture and food processing, water management and science and... Read more.. |
NIWE extends EoI deadline for 1 GW offhshore wind energyNational Institute of Wind Energy (NIWE) has extended the deadline for submission of expression of interest to June 8 from May 25 and also relaxed eligibility norms for 1GW offshore wind capacities to be set up off the Gujarat coast. The NIWE, which is an autonomous body under Ministry of New and Renewable Energy, had invited expression of interest (EoI) last month for 1GW offshore wind capacities to be set... Read more.. |
Submit percentage-wise compliance report on Ganga: NGT to UttarakhandThe National Green Tribunal has directed the Uttarakhand government to submit within four weeks percentage-wise compliance report on steps taken by it to clean the River Ganga in the stretch between Gomukh and Haridwar. A bench headed by acting NGT Chairperson Justice Jawad Rahim asked the state government to make a categoric statement about the stage of compliance rather than indicating what work was under progress. ... Read more.. |
Dynapower and Raychem RPG commission 1MW microgrid in Uttar PradeshVermont-headquartered inverter supplier Dynapower and Mumbai-based technology firm Raychem RPG have commissioned what they claim to be India’s first 1MW microgrid using solar, diesel and energy storage at a Central Electronics Limited (CEL) facility in Sahibadad, Uttar Pradesh. The project features Dynapower’s CPS-1000 inverter, following a partnership agreement that will see Dynapower’s energy storage... Read more.. |
Tripura mulls roads with recycled plasticRoads will soon be built with recycled plastic waste in the Tripura capital. A statement issued by the chief minister's office on Thursday said chief minister Biplab Kumar Deb has asked Agartala Municipal Corporation (AMC) to construct "at least half-a-kilometre road" with recycled plastic waste after initiating a massive door-to-door drive to collect plastic waste. ... Read more.. Date : May 25 Source: The Telegraph
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