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Sustainability Outlook Headlines

Goa drags feet over connecting solar prosumers to grid

Seven residential premises in the state have fitted grid-connected rooftop solar installations this year and have already begun consuming and supplying green power to the electricity grid. They, however, have apprehensions about the pending power purchase agreement and hope it can be signed with the electricity department soon. 

The solar installations under net metering are at Fatorda, Chandor, Betalbatim,... Read more..

Source: ET Energy World

Southeast Asia's renewables held back by policy inaction: IRENA

Southeast Asia is a potential hotspot for renewable energy, yet the region has not met expectations because it lacks policy frameworks that would encourage investment, the International Renewable Energy Agency (IRENA) told Reuters.

Renewables across the world have typically been boosted by policies like price subsidies and guaranteed grid takeoff.

... Read more..

Source: Reuters

Equinor seeks oil, gas, renewable investments in India

Norwegian energy firm Equinor is exploring investment opportunities in India, its chief executive told Reuters on Wednesday.

"We are looking at India both from oil and gas, but also from the renewables. It's a very early (stage), but we need to be on the ground," Eldar Saetre said on the sidelines of a business conference.

... Read more..

Source: ET Energy World

Central Coalfields Limited to look beyond coal mining for sustainability

In a changing scenario where international and nation policy obligations are pushing for less carbon emissions and cleaner source of energy, coal companies have started thinking beyond just coal production for their elongated lifespan.

Hinting extensively towards this the Central Coalfields Limited (CCL) has termed the paradigm shift necessary for its survival.

... Read more..

Source: The Pioneer

Softbank set to sign deal with Essel for developing 500 MW solar park

SB Energy, a renewable energy arm of Softbank in India, is set to sign a deal with Essel Infra projects Ltd, a part of Subhash Chandra-led Essel group to develop 500 MW solar park for SB Energy, according to sources close to the development.

The 500MW project developed by Essel Infraprojects will be a part of larger solar plant developed by SB Energy, they added.

... Read more..

Source: Hindu BusinessLine

GE Power bags orders worth Rs 1,783 crore from NTPC

GE Power India on Wednesday said it has bagged orders worth Rs 1,783 crore from NTPC for installation of air quality control systems at four of its power plants. 

The four power plant projects are Solapur Super Thermal Power Project - 2x660 MW, Tanda Super Thermal Power Project Stage II - 2x660 MW, Feroze Gandhi Unchahar Thermal Power Project -1x500 MW and Meja Thermal Power Project - 2x660 MW by Meja Urja Nigam Private Ltd (a JV of NTPC and UPRVUNL). 

"GE Power India Ltd has been awarded four contracts by NTPC Ltd for installation of air quality control systems for a... Read more..

Source: The Economic Times

Azure Power signs Letter of Award with NTPC for 300 MW solar power project

Solar power producer Azure Power today announced it has signed a Letter of Award (LoA) with NTPC Ltd for a 300 Megawatt solar power project. Azure had won the project in an auction conducted by NTPC.

Azure will provide power from the project at a tariff of Rs 2.59 per unit for 25 years and is expected to be commissioned in 2021. The company is yet to decide on a location for the project.

... Read more..
Source: ET Energyworld

Amended solar policy to be out by November-end

The amended solar policy will be notified by the end of November, the electricity department stated at the public hearing held by the Joint Electricity Regulatory Commission (JERC) on Tuesday. 

Consumers and solar developers present at the meeting held at Ravindra Bhavan in Margao said that the government is not doing enough to ensure that more solar power is generated within the state. 

The department informed consumers that it has taken the lead in setting up roof top solar installations on its buildings with an installed capacity of 410KW and that the tendering process was... Read more..

Source: Times of India

New solar charging tech being developed by Hyundai for vehicles

Hyundai Motor Co and its affiliate Kia Motors Corp are planning to launch a solar charging technology for some Hyundai vehicles to meet global emission regulation targets, the South Korean automakers said on Wednesday.

Solar panels will be mounted on the roof or hood of the vehicles, the companies said.

The... Read more..

Source: ET Energyworld

'Soura Jalanidhi' scheme launched in Odisha

Odisha Chief Minister Naveen Patnaik on Tuesday launched the Soura Jalanidhi scheme that aims to increase use of solar energy for helping farmers in irrigating their land.

'Soura Jalanidhi', is a dug well based solar pump irrigation system in convergence mode.

Under the scheme, 5,000 solar pumps will be... Read more..

Source: Business Standard

Tata Power to raise up to Rs 5,500 crore via NCDs

Tata Power Monday said its Board has approved plan to raise up to Rs 5,500 crore through issuance of non-convertible debentures (NCDs) on a private placement basis.

"The board has approved issuance in one or more tranches, of non-cumulative, redeemable, taxable, listed, rated securities in the form of non-convertible debentures up to an aggregate amount not exceeding Rs 5,500 crore on private placement basis... Read more..

Source: ET Energyworld

India home to 3 of the largest NO2 emission hotspots

As Delhi continues to battle alarming pollution levels, a new study has found that three of the world's largest nitrogen dioxide emission hotspots that contribute to formation of finer particulate matter causing air pollution are in India, with one in Delhi-NCR. 

The study by Greenpeace comes as Delhi's pollution level climbed to alarming levels. Air quality continued to remain in the "very poor" category as... Read more..

Source: The Economic Times

Graphite India To Pay Rs. 50 Lakh Compensation For Pollution In Bengaluru

Graphite India Ltd (GIL) told the Supreme Court today that it would pay Rs. 50 lakh to the Karnataka State Pollution Control Board (KSPCB) under the 'polluter pays principle' for its Bengaluru plant, facing complaints of pollution and emission of black dust.

The GIL's counsel told a bench headed by Justice Madan B Lokur that KSPCB could utilise this amount for dealing with measures to curb pollution in... Read more..

Source: NDTV

Tata Capital plans infrastructure debt fund for green projects

 Tata Capital plans to launch an infrastructure debt fund to finance clean energy projects as part of a plan to double its lending activities in this area by next year, managing director Manish Chourasia said. “We are in advanced stages of discussions with partners and will be applying for relevant approvals once the plans are firmed up,” Chourasia told ET. 

Tata Capital will own about 49% stake in a company... Read more..

Source: The Economic Times

Solar power projects worth Rs 28,000 crore facing viability risks

Nearly half of the solar power generation capacity worth Rs 28,000 crore currently under implementation in India is facing viability risk because of the continuous fall in the value of the Rupee. The currency depreciation has made imported solar modules costlier and has increased the cost of setting up solar power projects.

The projects facing the risk have a combined capacity of 5,500 Megawatt (Mw) and were... Read more..

Source: ET Energyworld

JSW Energy to revive 240 MW hydro project, eyes acquisitions

Sajjan Jindal-led JSW Energy, that is reviving an old hydropower project plan and is scouting for acquisitions, has warned that the sector needs immediate attention as problems have crippled new projects.

The company is hoping to revive a 240-MW project it had planned in the Chamba district of Himachal Pradesh in 2007, which had to be put on the backburner as there were no buyers for electricity then. It now... Read more..

Source: ET Energyworld

Maharashtra govt diverts 88 hectare of tiger land for industry

At a time when man-animal conflict is raging and 26 humans have been killed in the last 10 months in the state, the Forest Advisory Committee (FAC) has in-principle cleared 87.98-hectare tiger-bearing forest to explosives company Solar Industries India Ltd (SIIL) in Chakdoh for manufacturing defence products. 

The 222-acre reserve and protected forest land, equivalent to 293 football fields in Chakdoh in... Read more..

Source: The Economic Times

Waaree Energies bags 60 MW solar project in Vietnam

Solar power solutions provider Waaree Energies Friday said it has bagged a contract to set up 60 megawatt (MW) ground mounted solar project in Vietnam. 

The project, which is being developed in association with a leading utility scale provider, on turnkey basis, will marks Waaree Energies' expansion to South East Asia market, the company said in a statement. 

... Read more..

Source: Economic Times

Smart electricity meters in rural India a win-win, says ADB

Asian Development Bank (ADB) is planning to scale up a satellite-based smart meters project, implemented in a village in Uttar Pradesh, as it finds it to be a win-win solution for several stakeholders, including the consumers as well as discoms.

As part of its USD 200 million loan for Energy Efficiency Services Limited (EESL) to implement various demand-side energy efficiency projects in India, the ADB... Read more..

Source: Financial Express

BRPL launches second segment of its solar city initiative in West Delhi

Power distribution company BSES Rajdhani launched the second segment of its solarcity initiative by Delhi power minister Satyendar Jain in west Delhi’s Shakur Basti on Sunday. The segment follows the success of the first phase in southwest Delhi’s Dwarka. 

In this phase, the company aims to... Read more..

Source: Times of India

Uttarakhand to buy 500 electric buses as trial run achieves success

Happy with the feedback received from the trial run of electric bus between Doon and Mussoorie, the Uttarakhand Transport Corporation (UTC) is now mulling to add 500 such buses to its fleet.

Speaking to TOI, UTC general manager Deepak Jain said that if everything goes according to the plan, the corporation will have a fleet of 500 electric buses in the next three years.

... Read more..

Source: ET Energyworld

Canada Pension Plan Investment Board looking to buy part of Goldman Sachs stake in ReNew Power

Canada Pension Plan Investment Board (CPPIB) is in talks to increase its stake in renewable energy company ReNew Power Ltd by purchasing some of the shares that larger shareholder Goldman Sachs has put up for sale, two people aware of the development said.

Founded by Sumant Sinha in 2011, ReNew Power has 5.85 gigawatts (GW) of renewable power capacity across wind and solar projects. Of this, 3.92GW is... Read more..

Source: Live Mint

EverSource to back renewable firm of ex.Ostro Energy executives

EverSource Capital, the green infrastructure JV between PE fund Everstone Group and UK-based Lightsource BP’s Eversource Capital, is ready to back the new renewable energy platform launched by former executives of Ostro Energy.

Ranjit Gupta and Murali Subramanian, former CEO and COO, respectively, of Actis LLP’s Ostro Energy, will raise about $100-150 million from EverSource by selling a controlling stake in... Read more..

Source: The Economic Times

Solar power for all agriculture pumps by 2022, says Maharashtra's energy minister

State Energy Minister Chandrashekhar Bawankule on Wednesday said all agriculture pumps in the state will switch over to solar power by 2022.

“As many as 2,000 public water supply schemes will switch over to solar power this year,” he said, adding that the electricity tariff for commercial and industrial consumers will reduce by Rs 3/unit once the agriculture sector takes to solar power.

... Read more..
Source: ET Energy World

Telangana State Pollution Control Board gears up to install air quality stations every 10 km

In a far-reaching move to keep citizens informed about air pollution, the Telangana State Pollution Control Board (TSPCB) is gearing up to issue regular health advisories based on ambient air quality across the city.

Senior officials at TSPCB said health advisories would be issued once ambient air quality index (AQI) monitoring stations are in place for every 10 km stretch. “The AQI stations will supplement... Read more..

Source: The Times of India