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Sustainability Outlook Headlines

Petrofac, Storegga team up for UK renewable energy development

Petrofac has signed a Memorandum of Understanding with independent clean energy champion, Storegga Geotechnologies. The agreement builds new energy capability and capacity in the UK and represents a significant strategic step in Petrofac’s continued expansion into new and renewable energy.

The agreement supports Petrofac and Storegga to collaborate on potential business development and project initiatives in... Read more..

Source: World Oil
Subject Tags: Clean Energy, low carbon

Dropbox Looks to Purchase 100% Renewable Energy by 2030

San Francisco-based Dropbox has announced new sustainability goals for 2030. Environmental targets for the document management software company include sourcing energy for their operations from 100% renewable sources.

Dropbox also plans to achieve carbon neutrality for Scope 1, 2, and 3 business travel emissions within 10 years. In addition to their headquarters, the company has 12 offices globally.... Read more..

Source: Environmental Leader

India needs to renew pledge to renewable energy: Niti VC

India needs to renew its pledge to renewable energy as thermal energy cannot take the country far due to environmental constraints, Niti Aayog vice chairman Rajiv Kumar said.
Delivering the keynote address on 'Solar Energy: The Agent of Change', Kumar said the energy needs of India are... Read more..

Source: The Times of India
Subject Tags: Clean Energy, NITI Aayog

KFW offers Rs 600 crore loan to Bengal for solar park project

German KfW Development Bank has agreed to give a soft loan of Rs 600 crore to West Bengal power utility for the first phase of a 125MW solar park project in Purba Medinipur district, Power minister Sobhandeb Chattopadhyay said. The project to be executed by the West Bengal State Electricity Distribution Company Limited (WBSEDCL), on completion, will double the state''s installed solar capacity in the state, he said.

... Read more..

Source: Outlook India
Subject Tags: Solar Park

Andhra Pradesh commissions 8,203 MW renewable energy capacity

Andhra Pradesh, a major renewable energy producer, has an installed renewable energy generation capacity of around 8,203 megawatt (MW).

... Read more..

Source: The Economic Times

Mukesh Ambani preps up for a multi-billion dollar play in renewables

Mukesh Ambani is prepping up for a multi-billion dollar play in the renewable energy space encompassing hydrogen, wind, solar, fuel cells and battery as he looks to transform the energy business of Reliance Industries Ltd into one of the world’s top new energy companies by 2035.

Reliance is expected to unveil the broad contours of the renewable energy strategy including investments in October when it reports... Read more..

Source: The Hindu

Telangana to be major base for Electric Vehicles

To reduce air pollution and traffic congestion, the State Cabinet on Wednesday decided to encourage and promote usage of Electric Vehicles (EVs) across the State. The Cabinet approved the new Telangana State Electric Vehicle and Energy Storage Solution Policy, during the meeting held at Pragathi Bhavan here. It was also decided to encourage the production of electric vehicles in the State by giving them incentives.

... Read more..

Source: Telangana Today
Subject Tags: electric vehicle (EV)

India cancels Chinese smart meters contract, snap bids to be called shortly

The Centre has cancelled the 2-million smart meter tender awarded to Indonesia-based PT Hexing, over concerns about its Chinese ownership and manufacturing plans in India, according to a top executive at state-run Energy Efficiency Services Ltd (EESL), which has been... Read more..

Source: Live Mint
Subject Tags: smart meter tender

Adequate steps not taken against waste dumping in Yamuna at Vrindavan: NGT

The National Green Tribunal Wednesday said adequate steps were not being taken against unregulated dumping of solid waste on the flood plains of the Yamuna in the temple town of Vrindavan.

The green panel noted that a report filed by the Urban Development Department, Uttar Pradesh, mentions that action has been taken against a Sanitary Inspector, Executive Officer and Chairman of Urban Local Body. ... Read more..

Source: The New Indian Express

Electric vehicle charge network ChargePoint bags $127 mln from investors

ChargePoint, one of the world's oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of it from existing investors, the company said on Wednesday.

The latest equity financing round gives ChargePoint a total of $660 million raised since its founding in 2007, and most of that has come in... Read more..

Source: The Economic Times

Hyderabad ULBs to levy user charges for waste collection

The urban local bodies in the State would now collect user charges by categorising the waste from the domestic and commercial units through a private agency.

The Municipal Administration and Urban Development department has revised the waste collection charges in towns based on the commercial establishment. The department has proposed to increase the charges from Rs 500 to Rs 10,000 every month depending on... Read more..

Source: The Hans India

Bosch signs solar power supply deals with three utilities

German automotive supplier Bosch on Wednesday published details of three long-term solar power supply deals with utility companies as it switches its electricity sourcing away from fossil fuels to green energy.

The contracts were arranged with utilities RWE, Vattenfall and Statkraft.

Bosch is expanding... Read more..

Source: Reuters

ReNew Power plans 2,000 MW solar manufacturing unit in Rajasthan

ReNew Power has proposed to set up 2000 megawatt solar cell and module manufacturing plant in Rajasthan with an investment of Rs 1,600 crore.
If the state government clinches the deal by offering the incentives the company... Read more..
Source: The Times of India
Subject Tags: solar manufacturing

Change-in-law payments a Rs 4,000 crore booster for renewable energy sector: CRISIL

The commencement of change-in-law payments by state discoms and Solar Energy Corporation of India for the goods and services tax (GST) to solar power projects would lead to a cash inflow of Rs 4,000... Read more..

Source: The Economic Times
Subject Tags: Renewable Energy

CDC’s Ayana Renewable snaps up two assets from First Solar

Ayana Renewable Power Pvt. Ltd, backed by the UK-based development financial institution CDC Group Plc, said Tuesday it has acquired two solar power plants in Karnataka from First Solar Power India Pvt. Ltd.

The two plants have a total generation capacity of 40 megawatt, Ayana said in a statement. It didn’t disclose financial details of the deal.

... Read more..

Source: VCCircle
Subject Tags: solar power plant

Draft EIA 2020 encourages environmental violations, warn experts

The draft Environment Impact Assessment (EIA) notification 2020, currently open for public comments and set to replace the 2006 version, has come under heavy fire from the environmentalists. The EIA notification governs the environment clearance process for industrial and infrastructural projects.

... Read more..

Source: The Times of India

BEE to study energy efficiency measures

The Bureau of Energy Efficiency (BEE) has selected Andhra Pradesh to conduct a study on energy efficiency measures in refractory industries. Micro Small and Medium Enterprises (MSMEs) making refractories in East and West Godavari districts have been chosen for the study.

The Energy and Resources... Read more..

Source: The Times of India
Subject Tags: energy efficiency

Innovation: Scientists develop new catalysts to produce hydrogen fuel from water

Scientists at the Nanyang Technological University, Singapore (NTU Singapore) have chalked out parameters that determine the efficiency of low-class catalysts called spinel oxides- a discovery that provides a breakthrough in the extraction of hydrogen from water through electrolysis, a process of splitting water with electricity.... Read more..

Source: The Economic Times
Subject Tags: hydrogen fuel, low carbon

Solar-like duty structure for wind sector to check Chinese imports

Following curbs on import concessions in the solar energy sector, the government may levy higher taxes on wind turbine components and generators to encourage use of local equipment and give a boost to domestic manufacturing... Read more..

Source: The Economic Times

Shapoorji Pallonji may sell 350MW solar PPAs

The Shapoorji Pallonji group is seeking buyers for 300-350 megawatts (MW) of planned solar projects to deleverage balance sheet and solve liquidity issues, two people aware of the development said. Group companies had won these projects in auctions by the Solar Energy Corp. of... Read more..

Source: Live Mint
Subject Tags: solar power, solar PPA

Clean energy: Surge in demand for residential solar power connections

Power discoms in Delhi are witnessing a “surge” in residential rooftop solar power connections, with more than half of over 3,700 net metering connections installed in recent years falling under this category, officials said. The BSES discoms have so far energised over 2,700 solar net metering connections in the city, with the highest number of rooftop solar connections in the residential segment (1,526) followed by educational (581) and commercial (473) segments.

... Read more..

Source: The New Indian Express

APTEL postpones trading of renewable energy certificates

The Appellate Tribunal for Electricity (APTEL) has postponed the trading of renewable energy certificates (REC) scheduled on July 29, by four weeks. In an order issued on July 24, APTEL postponed the RECs trading session scheduled on July 29, 2020 by four weeks in three separate... Read more..

Source: The Economic Times

Tata Power to raise green energy portfolio to 50% with focus on renewables

Tata Power will focus on the renewable front for future growth, and it aims to raise its green energy portfolio to 50 per cent. Its growth would be concentrated on renewables, distribution and transmission of power along with new and value-added business, including rooftop solar, smart metering, micro-grids in rural areas and setting up EV charging stations, the company said in a statement.

"We will continue... Read more..

Source: Business Standard

Chinese car maker’s bid for govt EV tender faces hurdle

Energy Efficiency Services (EESL), the government’s electric vehicles procurement arm, has said that MG Motor, a subsidiary of China’s Shanghai Automotive (SAIC), will stand disqualified for their upcoming e-vehicles tender in the absence of an official clearance by a panel comprising officials from the department for promotion of industry and internal trade (DPIIT), and home and external affairs ministries.

... Read more..

Source: Times of India

IIT Kharagpur researchers awarded for generating power from wet clothes

A group of researchers from IIT Kharagpur has conferred the ‘Gandhian Young Technological Innovation Awards 2020’ for developing a mechanism for generating electricity from wet clothes left under sunlight to dry, a spokesperson of the institute said on Monday.

Another team from the institute was separately granted the same award for addressing the problem of energy conservation and thermal management in... Read more..

Source: Hindustan Times