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Sustainability Outlook Headlines
IEA raises 5-year renewable growth forecast as 2015 marks record yearThe International Energy Agency (IEA) said today it was significantly increasing its five-year growth forecast for renewables, thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed coal last year to become the largest source of installed power capacity in the world. The latest edition of the IEA's Medium-Term Renewable Market Report now sees renewables growing... Read more.. |
Tata Power to invest in renewable energy sector in IndiaTata Power will invest in renewable plants in India as it plans to increase its clean energy footprint to 30-40 per cent by 2025, a senior executive has said. Tata Power currently runs 3,300—megawatt (MW) on non- fossil fuel out of 10,500—MW in operation. The company will increase its renewable energy... Read more.. |
India’s green bond market surges in 2016 – CBIIndia’s green bond market took off this year becoming the seventh largest labelled green bond issuer with US$2.7 billion issued as of 12 October, according to the Climate Bonds Initiative (CBI). The ‘India State of the Market Report’ from CBI said that the majority of these Indian issuances occurred this year, with four out of seven bonds issued in 2016 certified against the Climate Bonds Standard.... Read more.. |
TPREL inks pact with SECI for 100 MW solar project in Andhra PradeshTata Power Renewable Energy Ltd (TPREL) has signed Power Purchase Agreement (PPA) with Solar Corp of India for a 100 MW solar project at Anantapuram solar park in Andhra Pradesh. The commercial operations date (COD) of the project as per the PPA is October 16, 2017, Tata Power said in a statement. The... Read more.. |
Indian State Of Jammu & Kashmir Plans Net-metering For Solar Rooftop SystemsWith ambitious goals and a push from the central government several states in India are now expediting the implementation of net-metering regulations for rooftop solar power systems; the latest one is the state of Jammu & Kashmir. The Jammu & Kashmir Energy Development Agency (JAKEDA) has issued a draft policy document on net-metering implementation in the state. According to the draft, projects... Read more.. |
Kerala to cash in on renewable energy resourcesWith the Centre doling out subsidies on renewable energy, Kerala is trying out newer models of windmills and also a solar-windmill hybrid system. One such unit of 300watt micro windmill set up at the Kerala State Electricity Board headquarters in the capital city has now become the cynosure of all eyes, with even Chief Minister Pinarayi Vijayan taking a look at it on Tuesday. ... Read more.. Date : Oct 26 Source: India Live Today
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Amplus to build rooftop solar plant in Greater NoidaAmplus Energy Solutions has inked a deal to install a two-megawatt rooftop solar plant for India Exposition Mart Ltd. (IEML) that hosts international business exhibitions and promotional events in Greater Noida in the National Capital Region (NCR). Gurgaon-based Amplus said in a release here on Tuesday that it will install, operate and maintain for a period of 25 years the project, which will be funded... Read more.. |
India Innovation Lab endorses 3 green finance toolsThe India Innovation Lab for Green Finance on Tuesday endorsed three financing instruments — Rooftop Solar Private Sector Financing Facility, Loans4SME (a lending platform for green investments) and currency exchange platform FX Hedging Facility. “Our analysis for India Lab has demonstrated that these three green finance instruments can overcome investment barriers and better meet the needs of investors... Read more.. |
India’s Bengaluru is to Receive LED Tube Lights and Slashes Energy BillIndian government’s energy efficiency program is in place for Bengaluru. LED tube lights will be distributed at subsidized prices, reported Times of India. It’s found that the majority of Bengalureans are used to tube lights over bulbs for their residential lighting system, said DK Shivakumar, Energy Minister. Therefore, the energy efficiency scheme (Hosa Belaku) in rural areas are encouraged to use LED... Read more.. |
Climate change: France appreciates India’s initiative in urban sectorFrance today appreciated India’s initiatives for addressing climate change concerns by making it an integral part of its urban missions. During a meeting with visiting French Minister of State for Industry Christophe Sirugue here, Union Urban Development Minister Venkaiah Naidu said sustainable and climate-friendly planning have been made the cornerstone of the urban missions launched by the government in... Read more.. |
Waste segregation at source to be relaunched at MangaloreMangaluru City Corporation is all set to relaunch its much touted initiative to collect segregated waste from source, starting November 1. To put an end to people handing in waste - dry and wet together - the civic body has also come up with a tagline Mix Malpodchi Anna, Mix Madabedi Akka to drive home the point on the need to segregate waste and make the process of its disposal more scientific. Kavita Sanil... Read more.. |
Japan Increases Funding For Water And Sanitation In IndiaJapanese government aid agency JICA has increased focus on funding water and sanitation facilities in India, aligning its lending with Prime Minister Narendra Modi’s flagship programme ‘Swachh Bharat Abhiyan’. “Funding for water (projects) has become second most priority sector after transportation in India for Japan International Cooperation Agency (JICA) in the last 10 years,” Takema Sakamoto, Chief... Read more.. |
Bosch company to invest Rs 1,100 crore in IndiaGerman industrial and engineering giant Bosch has said that it would invest Rs 1,100 crore in India this year, across its 10 group companies. The technology major has also bet big on the large potential available in areas beyond mobility, with plans to build its India business in the realms of energy, transportation, and smart cities, among others. ... Read more.. |
New Solar Cell Can Help India Save Rs. 6,000 Crore In Cost: ReportThe University of New South Wales (UNSW) today said its new solar cell technology can help India save Rs. 6,000 crore annually in operational costs. The technology will be showcased during a roundtable discussion in Sydney with Renewable Energy Minister Piyush Goyal on Thursday, UNSW said in a release. ... Read more.. |
Indian Brothers Develop $750 Wind Turbine That Can Power a Whole House ForeverTwo Indian brothers who aim to help solve India’s energy crisis, claimed to have developed a new solution that will finally bring electricity to the many parts of the country that still remain in the dark. The best part? It costs just as much as a current model iPhone. Siblings Arun and Anoop George, through their startup Avant Garde Innovationsns, developed a low-cost wind turbine that is said to be able... Read more.. |
1000-year-old remote Himalayan village lit up through solar microgridsMicro Grid is becoming a new ray of light for Himalayan Villages Electricity is one of the most important blessings science has given to mankind. An indispensable part of the modern life, it is extremely difficult to think of a world today without power. Unfortunately, even today in the 21st century, many... Read more.. |
India’s renewables to be showcased at World Future Energy Summit 2017India’s solar power industry will showcase an unprecedented range of investment opportunities at the World Future Energy Summit (WFES) 2017 in Abu Dhabi, after the Indian government recently outlined plans to add an additional 175 GW of renewable energy to the nation’s electricity supply by 2022. The Indian Ministry of New and Renewable Energy (MNRE) is targeting 100 GW of solar power, including utility-... Read more.. |
NGT directs surprise checks of polluting industriesNational Green Tribunal has directed surprise checks of polluting industries in Ghaziabad and adjoining areas after a plea alleged that toxic discharge from these units was causing air and water pollution there. A bench headed by NGT Chairperson Justice Swatanter Kumar directed Environment Ministry, Central Pollution Control Board (CPCB), Uttar Pradesh government and UP Pollution Control Board (UPPCB) to... Read more.. |
Govt looks to halve time for environment clearances: DaveGovernment is looking to reduce the time by half to 50-60 days for granting forest and environment clearances to industrial projects, Union Environment and Forest Minister Anil Madhav Dave said today. "Earlier, it used to take 300 days to pass a file related with these clearances and people used to talk about imposing different taxes. Now, it is taking 120 days and I would like to reduce it to 50-60 days.... Read more.. |
IDFC Alternatives buys 3 Punj Lloyd solar projectsThe India infrastructure fund of IDFC Alternatives is buying three solar projects in Punjab and Rajasthan from Punj Lloyd Infrastructure as part of the parent's plans to establish a presence in the renewable energy space through acquisitions — as much as 1,000 megawatts in a year or so. The deal on the three solar projects with a total capacity of 45 megawatts was signed on Saturday evening, said people with... Read more.. |
Rs 20k-cr MP solar power plant to fuel refineries: Dharmendra PradhanThe Union petroleum ministry signed an agreement on Sunday with the Madhya Pradesh government, at the global investor summit here, to set up a 2,700 Mw solar energy unit, for an investment of Rs 20,700 crore. “Indian Oil Corporation and Oil India (both owned by the central government) will set up the plant,” said Dharmendra Prasad, minister of petroleum. ... Read more.. |
102 NDMC buildings to have solar panelsTaking a step towards renewable energy, the power department of New Delhi Municipal Council (NDMC) plans to install solar panels at more than 100 buildings within their jurisdiction. Under the Smart City project, solar panels would be installed at 102 buildings of which 28 would produce 1.5 MW energy and 74 would generate 1MW power, a senior NDMC official said. ... Read more.. Date : Oct 24 Source: The Times of India
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Delhi govt forms panel for report on solid waste managementA day after being rapped by the Supreme Court for not doing enough to dispose of the huge quantity of garbage in the national capital, the Delhi government today formed a three-member committee which will submit a report on solid waste management by November 10. The decision to form the committee, which will be headed by Delhi Health Minister Satyendar Jain, was taken today at a meeting chaired by Chief... Read more.. |
Bengaluru scientists enter semifinals of $20m green prizeA Bengaluru team is the sole representative from India to make it to the semifinals of a $20-million global challenge to convert carbon dioxide emissions from natural gas and power plants into usable products. Breathe, the Indian team participating in the NRG Cosia Carbon XPRIZE, plans to convert waste from a coalfuelled power plant into usable methanol. In all, 27 teams from around the world have been... Read more.. |
Prototype uses solar energy to produce hydrogen and clean water from polluted waterThe promised hydrogen economy keeps getting pushed back farther into the future, it seems, as producing hydrogen sustainably and at a low cost is always just around the bend in time, and while hydrogen has its share of opponents, it also has its boosters, such as HyperSolar, which looks to bring a breakthrough to scalable renewable hydrogen production. Although this element is one of the most abundant in the... Read more.. |