Sustainability Outlook Headlines

REC launches new 72-cell multicrystalline solar panel

Solar energy company REC announced Monday that it has started commercial production on what it claims is the highest power 72-cell multicrystalline solar panel in the world.

Rated up to 350 Wp, the REC TwinPeak 2S 72 panel is expected to compete with similar projects using monocrystalline and mono-PERC technology by providing higher power at a similar cost. The  REC TwinPeak 2S 72 weighs just 22kg — which is... Read more..

DHL plans to invest € 45 million in India to support growth

To further support growth in India, the global logistics company, Deutsche Post DHL (DPDHL) Group, plans to invest € 45 million (about Rs 315 crore) in the country over the next three years in new upcountry developments, upgrading and expanding its infrastructure and bolstering its retail presence.

“India’s integration into the global economy has been accompanied by economic growth and progressive policy... Read more..

Countries to brainstorm on saving humanity from hazardous chemicals in Geneva

Seeking to adopt best practices to manage trans-boundary movements of hazardous waste and their disposal, representatives from many countries including India will brainstorm on how to fine-tune the existing guidelines and whether to expand the list of hazardous chemicals for restricted movement at the next round of the Basel, Rotterdam, Stockholm (BRS) Conventions in Geneva, beginning April 24.

These... Read more..

Trump to set new executive orders on environment, energy this week

U.S. President Donald Trump this week will sign new executive orders before he completes his first 100 days in office, including two on energy and the environment, which would make it easier for the United States to develop energy on and offshore, a White House official said on Sunday.

"This builds on previous executive actions that have cleared the way for job-creating pipelines, innovations in energy... Read more..

Tata Cleantech Capital eyes Rs 5,500 cr asset book by FY19

Tata Cleantech Capital (TCCL) is looking at growing its asset book to around Rs 5,500 crore by fiscal 2019, with nearly USD 120 billion debt funds expected to flow into the renewable energy space in the next five years.

TCCL, a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore.

... Read more..

Solar energy to power Delhi Metro’s Phase III

Delhi Metro's Phase III is likely to be fully powered by solar energy. Last week, Delhi Metro signed a purchase agreement for 25 years with Rewa Ultra Mega Solar Limited, a joint venture between Solar Energy Corporation of India and the Madhya Pradesh government.

Under this agreement, Delhi Metro will source 345 MUs annually from this project, "Effectively, the entire energy requirement of phase III of Delhi Metro project," said a statement by the Delhi Metro Rail Corporation (DMRC). It is also expected to result in substantial savings in energy cost for Delhi Metro, added the... Read more..

RINL launches green initiative: To generate power by using waste gases

The dedication of 120 MW gas-based power plant to the nation is a major green initiative launched by Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant.

The plant, built at a cost of Rs. 677 crore, was formally dedicated to the nation by Union Steel Minister Chaudhary Birender Singh on Saturday.

... Read more..

India Plans Auctions for 4 Gigawatts of Wind Power This Fiscal Year

Prime Minister Narendra Modi’s government is seeking to step up the pace of auctioning power-purchase contracts for wind-energy plants, building on a contest that reaped record-low prices for solar farms earlier this month.

The government plans to offer deals covering almost 4 gigawatts of wind capacity in the current fiscal year ending March 2018 in addition to 750 megawatts of solar capacity it will tender... Read more..

India shows path for cheaper solar energy: World Bank

It is better to move towards solar energy than to continue to build coal plants, World Bank President Jim Young Kim said today, citing India's massive efforts in solar energy which has made it "cost effective" and "quite competitive".

"There's some really good news. We've our IFC (International Finance Corporation), our private sector group, has been working in India and as recently as a year and a half, two... Read more..

Canada endorses push for more ambitious climate-change action

Canada is committed to meeting its obligations under the Paris Agreement, and it recognizes the significant contribution to climate action by subnational governments such as states, provinces, or cities, and other groups.

That's why, today, the Government of Canada endorsed the Under2 Coalition of varied levels of governments committed to achieving emissions reductions believed necessary to limit global... Read more..

Waste glass bottles used to make gen-next batteries

Scientists have used waste glass bottles and a low-cost chemical process to create high- performance lithium-ion batteries that store four times more energy than conventional batteries.

The batteries will extend the range of electric vehicles and plug-in hybrid electric vehicles, and provide more power with fewer charges to personal electronics like cell phones and laptops, researchers at the University of... Read more..

Suzlon bags 100 MW wind power project from ReNew Power

Renewable energy solution provider Suzlon Group today said it has bagged fifth order from ReNew Power Ventures for its 100.80 MW wind power project.

"Suzlon will install 48 units of their latest S111 120m wind turbine generators (WTG) with a capacity of 2.1 MW in ReNew Power s Limbwas project in Madhya Pradesh," the company said in a statement.

... Read more..