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Sustainability Outlook Headlines

Amazon India's Electric Delivery Rickshaws to be Manufactured by NOIDA-based Kalinga and Pace

Noida-based Pace Electric Vehicles and Kalinga Ventures are among the lesser-known EV makers who will power Amazon’s delivery system as part of the e-commerce major’s effort to be carbon neutral by 2040, sources said. Amazon’s decision to buy vehicles from small manufacturers would help these brands get bigger, improve the quality of electric vehicles and have a pan-India presence, one of the sources said. During his recent India visit, Amazon CEO Jeff Bezos tweeted, “Hey, India. We’re rolling out our new fleet of electric delivery rickshaws. Fully electric. Zero carbon. #ClimatePledge.”... Read more..

Source: Firstpost Tech2

India needs $2.64-trn investment to meet UN's Sustainable Development Goals

India needs a whopping $2.64 trillion investment to meet the UN's sustainable development goals (SDGs), offering the private sector an investment opportunity of over $1.12 trillion by 2030, according to a report. According to the Standard Chartered SDG Investment Map, the total investment that the country needs to make by 2030 is a whopping $2,633.9 billion. Of the total, $,558.8 billion is for clean energy, $505.5 billion for transport infrastructure, $377.4 billion for digital access; and $192.2 billion for clean water and sanitation. Of the total $2.64 trillion of investment needed, the... Read more..

Source: Business Standard

Study finds shock rise in levels of potent greenhouse gas

Efforts to reduce levels of one potent greenhouse gas appear to be failing, according to a study. Scientists had expected to find a dramatic reduction in levels of the hydrofluorocarbon HFC-23 in the atmosphere after India and China, two of the main sources, reported in 2017 that they had almost completely eliminated emissions. But a paper published in the journal Nature Communications says that by 2018 concentrations of the gas – used in fridges, inhalers and air conditioners – had not fallen but were increasing at a record rate. Matt Rigby, from Bristol University, who co-authored the... Read more..

Source: The Guardian

Zero budget natural farming good for soil, but may leave India hungry: Study

Wider adoption of zero budget natural farming (ZBNF), which the Central government is seeking to promote as a way to help farmers double their income, can actually lead to India not being able to meet its requirement for food for all its population in coming decades, a new study has claimed. In a paper published in the journal Nature Sustainability, a team of researchers from the University of Aberdeen and the James Hutton Institute at Aberdeen in the UK, who carried out first-ever scientific assessment of ZBNF, propounded by Subhash Palekar, a Maharahstra-based farmer, found that it can... Read more..

Source: The Hindu Business Line

Adani Wilmar to recycle 100% of plastics used by it in 3 years

Fortune brand owner Adani Wilmar Ltd is aiming to recycle 100 per cent of the plastics used by the brand in the next three years, Angshu Mallick, Deputy CEO, Adani Wilmar, has said. “We use about 22,000 metric tonne (MT) of plastic in packaging out of which 90% of our packaging material such as HDPE Jars, PET bottles, Edible Oil Pouches etc. are 100% recyclable. We intend to collect and recycle 30 per cent of the total plastic consumed by us by March 31, 2020. In the second year, we target to recycle around 70%, while by the third year, complete 100 per cent collection and recycling... Read more..

Source: ET Retail

Open access' option attracts rooftop solar power developers

Solar rooftop developers are increasingly choosing to supply power to customers through open access – locating the solar plant elsewhere – rather than set it up on the premises of their clients. The common feature is that in both cases the power is supplied through the grid directly, without being routed through a discom. Many rooftop developers are now installing as much capacity for supplying through the open access route as they are on rooftops. With solar tariffs becoming increasingly competitive and more states allowing off-site projects to come up, open access is quickly gaining... Read more..

Source: ET Energy World

India tops power generation tenders globally in Q4 2019, solar accounts for 73.7% share

India topped tenders for power generation capacity globally during the quarter ended December 31. Top issuers of power plant tenders globally for the quarter in terms of power capacity Solar Energy Corporation of India (3,000MW) from four tenders, Northern Indiana Public Service in the United States for 2,600MW from two tenders and NTPC at 2,514 MW capacity from nine tenders. Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 209 tenders and a share of 71.8 per cent during Q4 2019, followed by Europe with 36 tenders... Read more..

Source: ET Energy World

India 5th among countries with corporate commitments to science-based targets: Report

India has ranked 5th among the countries surveyed for corporate commitments to science-based targets (SBT), ahead of Germany and Sweden, according to a report by a non-profit organisation released here on Monday. The report found that investors are demanding better disclosure of climate change risk from Indian companies which has spurred better disclosure from India Inc. The Carbon Disclosure Project (CDP) India annual report, which examines carbon reduction activities of companies, shows a whopping 58 Indian companies, 98 per cent of the 59 firms surveyed between 2018 and 2019, have board... Read more..

Source: The Economic Times

Azure Power to invest $3.7 billion to set up 4 GW capacity by 2024-25

Solar power producer, Azure Power, is planning to invest about $3.7 billion by the end of financial year 2024-25, the company said in an investor briefing. According to its capex forecast, it will make investment in a range between $2.6 billion and $3.7 billion from 2020-21 to 2024-25, with the highest being $9 billion in FY21. The New Delhi-based firm also said it is not entering into manufacturing but has partnered with Waaree Energies -- one of the largest solar manufacturers in India -- for 500 MW capacity and closed discussions with another manufacturer for another 500 MW. “Our total... Read more..

Source: ET Energy World

Mitsui & Co. to make electric vehicle motors in India

Japanese trading house Mitsui & Co. will produce electric vehicle motors in India in partnership with Taiwanese motor manufacturer Teco Electric and Machinery, likely becoming the first Japanese company to make EV motors in the country. Teco is the world's fourth-largest industrial motor maker, with annual sales of around $1.63 billion. The Taiwanese company has also made components for Taiwan's high-speed trains. The two companies will build a 1.5 billion yen ($13.6 million) plant in Bangalore through a joint venture 40% owned by Mitsui and 60% by Teco. The 5,500-sq.-meter factory is... Read more..

Source: Nikkei Asian Review

Delta Electronics launches 22KW AC EV charger and 125KW string PV inverter

Delta Electronics India has launched a slew of EV charging and renewable energy solutions, at the ongoing Elecrama 2020 show which is being held from January 18 to 22, 2020 in Greater Noida of Delhi national capital region. AC chargers for electric vehicles is a key launch from Delta’s global products that are suitable for both residential and commercial area applications. AC MAX is an innovative lightweight, wall-mount EV charger with a high power output of 22 KW AC maximum that is claimed to reduce charging time by up to 70% in comparison to common 7KW AC chargers. Under renewable energy... Read more..

Source: PV Magazine

53% Indians ready to pay upto Rs 1 lac more for EV: Report

Indian consumers’ interest for alternate powertrain technology continues to expand as fewer people want traditional ICE for their next vehicle. According to one of the findings of Deloitte’s 2020 Global Automotive Consumer Study, consumers across geographies continue to move away from ICE vehicles. Globally, this preference for hybrid electric vehicles (HEV) is led by Japan at 47 per cent, followed by India. 51 per cent Indian consumers prefer ICE vehicles (gas/diesel) for their next purchase while 25 per cent Indian consumers vouch for HEV and 15 per cent go for battery electric vehicles... Read more..

Source: ET Auto

India’s electric vehicle ambitions could stumble on lack of Lithium

India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium. Home to some of the most polluted cities on the planet, the South Asian nation is pivoting toward new-energy vehicles to clean up its toxic air. But with meager resources of lithium, the mineral essential to make batteries for electric vehicles, it is having to scour for resources overseas. India’s EV production will rely on imports from China of lithium chemicals used to make cathodes and battery cells, according to Jasmeet Singh Kalsi, director at Manikaran Power... Read more..

Source: Livemint

Jal Shakti Abhiyan: Gujarat best at water efficiency, Delhi amongst worst

Gujarat was the most water-efficient state in India, according to an HT report on rankings of the survey. The survey was based on various parameters on efficiency targets and the study included the review of central as well as the state government water departments by the Union Ministry of Jal Shakti, the HT report stated. In the rankings, Rajasthan emerged as the third most water-efficient state. Meanwhile, the national capital stood amongst the worst states in this regard. In the rankings, seven Centre departments were reviewed, of which the Survey of India stood first. While the... Read more..

Source: Financial Express

Amazon India to add 10,000 electric vehicles to its delivery fleet by 2025

Amazon India on Monday said its fleet of delivery vehicles in the country will include 10,000 electric vehicles (EVs) by 2025. The move follows successful pilots across different cities last year, learnings from which have helped Amazon India create scalable and long-term EV variants to build this fleet, the online retailer said. These EVs are in addition to the global commitment of 100,000 electric vehicles in the delivery fleet by 2030, announced in the Climate Pledge signed by Amazon. Amazon India aims to reduce carbon emissions and the environmental impact of delivery operations with... Read more..

Source: Livemint

Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020

Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax (GST) rate for Lithium-Ion (Li-Ion) batteries, funds for Giga factory manufacturing and R&D initiatives in the country, tax relief for solar plus storage users among others. Thus, in order to provide further... Read more..

Source: Saur Energy International

India needs 50 GWh of battery storage within 2.5 yrs for planned EV transition: NITI Aayog official

India will need 50 gigawatt hour (GWh) of battery storage capacity over the next two-and-a-half years to support the projected growth in renewable energy and meet the national electric mobility target, a senior NITI Aayog official said. “If India moves on the projected path of adoption of electric vehicles and the battery storage, adoption of the renewable sources of energy, the requirement for the next 2.5 years should be 50 GWh of the battery storage (sic),” Aayog’s Principal Consultant for mobility Anil Srivastava said speaking at India Energy Forum-Renewable Energy Summit here.... Read more..

Source: EQ International

India needs land size of Himachal or Chhattisgarh to achieve renewable energy target: Research

India needs a total land footprint roughly the size of Himachal Pradesh or Chhattisgarh to achieve its ambitious target of 175 giga watts (GW) renewable energy by 2022, according to a latest research. "Total land footprint needed to meet India's renewable energy target is large, ranging from approximately 55,000 to 125,000 square km or areas, roughly the size of Himachal Pradesh or Chhattisgarh, respectively," the research, titled 'Renewable Energy and Land Use in India: A Vision to Facilitate Sustainable Development', stated. It has been conducted by environmental think tanks working... Read more..

Source: The Deccan Herald

Maharashtra: MSEDCL ups its price to woo solar power makers

In view of the poor response to its tender for buying 1,350MW solar power, state discom MSEDCL has increased the maximum price to attract producers. The company had floated tenders for buying 1,350MW with a cap of Rs3.15 per unit but got bids for only 5MW. Now it has increased the cap to Rs3.30 per unit and floated the tender again. The developers will have to set up solar projects, including the transmission and distribution network, up to the delivery point at their own cost. It will also include acquiring necessary approvals, permits and clearances. The projects would be selected... Read more..

Source: ET Energy World

China’s Great Wall Motors to acquire GM’s Talegaon plant

China’s Great Wall Motors Co. Ltd (GWM) is set to acquire General Motors’ (GM) Talegaon manufacturing plant near Pune, the two companies said on Friday, without divulging financial details. Two people aware of Great Wall’s plans said, requesting anonymity, that the company has earmarked ₹1,500-2,000 crore to establish its brand in the Indian market. “The total investments will include the cost of acquiring the Talegaon plant, which could be about ₹700 crore, along with equipment installations, assembly lines, new product development, manpower and processes, among others," said the first... Read more..

Source: Livemint

Jaipur-based EV Startup BattRE in talks with 10 venture capitalists to raise funds

Jaipur-based electric vehicle (EV) startup BattRE Electric Mobility is currently in talks with 10 venture capitalists to raise Rs 7 crore in a funding round scheduled in March, Chief Executive Officer Nishchal Chaudhary told ETEnergyworld in an exclusive interview. "We have so far invested around Rs 2.5 crore and plan to raise $1 million in a funding round in March this year for the next phase of growth," Chaudhary said. He also added that the company is likely to close this financial year with a revenue of Rs 11 crore and the revenue is expected to jump to around Rs 100 crore next fiscal... Read more..

Source: ET Energy World

Hero Cycles targets 5% of global e-bike market

Bicycle major Hero Cycles is riding on its overseas acquisitions to plan carve out a 5% share of the global electric bikes market. The company which has recently acquired a strategic stake in German premium e-bike manufacturer HNF Group — together with German investment trust holding IBG Beteiligungsgesellschaft Sachsen-Anhalt mbH — will use the new joint venture to emerge as a new full-range supplier on the European e-bike market. Earlier, Hero Cycles acquired Avocet Sports and set up a Global Design Centre in Manchester to establish a presence in the UK market. The latest German... Read more..

Source: The Times of India

Tata Tigor EV Becomes the Most Sold Electric Car in India, Clocks 669 Units Between April-December

As India extensively pushes for electric vehicles in the country, manufacturers are scrambling for a piece of the pie to establish their stand. New entrants such as MG Motor will launch its second model in India in the form of the ZS electric SUV. Last year from April to December, however, Indian auto giant Tata Motors led the electric revolution with the Tigor EV as it sold 669 units of the car. The Tata Tigor EV was initially launched for Government fleet but was launched for personal use last year. The extended range version of the electric sedan came with a range of 213 km, certified... Read more..

Source: News 18

MG’s electric ZS SUV outsells EVs of M&M, Tata and Hyundai at launch

MG Motors has bagged over 2,100 bookings for its upcoming electric vehicle, the ZS SUV, and this is more than the combined EV sales of Mahindra & Mahindra, Tata Motors and Hyundai in 2019. The car hits the road later this month, and is likely to cost under Rs 20 lakh. The company has decided to close the bookings for its first EV (that gets launched in only five cities), and is now planning to display a series of electrics at next month’s Auto Expo at Greater Noida, where it will also display the concept of a sub-Rs 10 lakh electric (exclusive picture in inset). The concept will be... Read more..

Source: The Times of India

Keppel unit to provide technology for waste-to-energy plants in India

KEPPEL Seghers Belgium, a wholly-owned subsidiary of Keppel Corp's infrastructure arm, has secured contracts worth more than 12 million euros (S$18 million) to supply technology and services to waste-to-energy plants in India. Keppel Corp said on Monday that Belgium-based Keppel Seghers will provide the core equipment, design and technical services for the plants' air-cooled grate and vertical boiler. The contracts were signed with Abellon Clean Energy, which owns the plants and is based out of Gujarat in India. When completed, the facility can effectively reduce the volume of waste that... Read more..

Source: The Business Times