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Sustainability Outlook Headlines

Haryana's CM announces power tariff cut by Rs 2 per unit

Ahead of 2019 Lok Sabha and Assembly polls in Haryana, the Chief Minister Manohar Lal Khattar on Tuesday announced Rs Two per unit reduction in power tariffs for domestic users consuming up to 200 units per months.

Making this announcement during the on-going session of the Assembly, the CM said electricity consumers, with monthly consumption of up to 200 units, will be charged Rs 2.50 per unit instead of... Read more..

Source: The Statesman

SC lifts stay on safeguard duty on solar imports

The Supreme Court on Monday allowed the government to implement safeguard duty on imported solar panels and modules, setting aside an order of the Orissa High Court that stayed the imposition of the levy, three people aware of the development said.

The Orissa High Court will continue to hear a petition filed against the safeguard duty, but there will be no stay on imposing it, the people said. If the high... Read more..

Source: ET Energy World

ACME Solar Holding in talks to raise up to ₹3,000 crore through InvIT

ACME Solar Holdings Ltd plans to raise up to ₹3,000 crore through an infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial share sale.

“Given our 100% shareholding from sponsor and no requirement of liquidity at secondary level to liquidate shareholding like a financial sponsor, we believe an investment trust would be an ideal platform for us to establish a vehicle, targeting... Read more..

Source: Livemint

Suzlon inks JV with CLP India for two solar projects in Maharashtra

Wind turbine maker Suzlon Tuesday announced a joint venture (JV) with CLP India for two solar projects with of 50 megawatt (MW) and 20 megawatt (MW) in Dhule, Maharashtra.

"As per the agreement signed between CLP India and Suzlon Group on September 10, 2018, CLP India has agreed to acquire 49 percent stake in Gale Solarfarms Ltd and Tornado Solarfarms Ltd, two special purpose vehicles (SPV) set-up by Suzlon... Read more..

Source: Money Control

NGT says waste management most serious challenge, forms committees to monitor disposal

Warning that failure to ensure proper management of solid waste will have disastrous consequences, the National Green Tribunal has appointed three committees to monitor disposal of garbage in an eco-friendly manner across the country.

Municipal Solid Waste (MSW) management is one of the most serious challenges to environment protection and although Solid Waste Management Rules have been framed in 2016, their... Read more..

Source: Money Control

Sony joins RE100, plans solar at Thai and Japanese factories

Sony Corporation, the Japanese electronics giant, has joined RE100 with an aim of reaching 100% use of renewable energy at all its premises by 2040.

Helen Clarkson, CEO, The Climate Group, said: “We are excited to welcome Sony aboard RE100. From PlayStation and image sensors to consumer electronics, music, and film, this is the largest entertainment and technology business in the world stepping up and... Read more..

Source: PV Tech

Greenko Group calls off plan to buy Orange Renewable

Greenko Group has called off its plan to buy Orange Renewable from Singapore’s AT Capital Group and investment bank Rothschild Inc. has resumed scouting for a buyer for one of India’s largest renewable energy platforms, two people aware of the development said, requesting anonymity. “The contract has expired because of a technical reason,” Greenko Group founder Mahesh Kolli said in response to a query, without giving details. Kolli is also Greenko’s president and joint managing director.

... Read more..
Source: Livemint

India's First Mobile Solar PV Lab, Mahindra Susten,Completes 1 GWp Of Testing

India's first mobile solar photovoltaic (PV) testing lab, designed and developed by Mahindra Susten recently completed a milestone 1 GWp of plant testing. Mahindra Susten is part of the $20.7 billion Mahindra Group and one of the largest renewable energy companies in India with a growing global presence.

The Mobile PV Lab offers revolutionary technology which is unique in Asia. It is a one-stop mobile... Read more..

Source: Business World

Tata launches pan-India residential rooftop solar solution

Tata Power Solar, a subsidiary of Indian firm Tata Power, has launched a complete residential rooftop solution across India.

The company has already installed some of the largest rooftop solar projects in India, mainly in the commercial and industrial (C&I) segment, including recently completing a rooftop system on the Mumbai cricket stadium of the Cricket Club of India.

... Read more..

Source: PV Tech

Plans to generate 10,000 MW solar power in Andhra Pradesh by 2022

The State government has chalked out plans to add 10,000 MW solar power in the State by 2022, to help bring down tariff as well as make Andhra Pradesh a power-surplus State. The government has already taken up 4,000 MW ultra solar power projects at Kurnool, Anantapur and Kadapa.

The government has been promoting renewable energy, including solar, in a big way since 2014. The price per unit has come down to ₹... Read more..

Source: The Hindu

Bangkok meet fails to finalize draft on climate change rules

An international meeting in Bangkok fell short of its aim of completing fruitful preparations to help an agreement be reached in December on guidelines for implementing the 2015 Paris climate change agreement. The six-day meeting, which ended on Sunday, was scheduled to step up progress in the battle against rising global carbon emissions by adopting a completed text that could be presented at the COP24 conference in Katowice, Poland, three months from now. 

... Read more..

Source: The Economic Times
Subject Tags: climate change, COP24, UNFCCC

India readies a slew of power sector reforms

The government has readied a draft of power sector reforms, including implementing the direct benefit transfer (DBT) scheme in the electricity sector for better targeting of subsidies, freeing renewable energy from licensing requirement for generation and supply, and promoting retail competition.

According to the draft amendments to the Electricity Act, 2003, which is available on the power ministry’s... Read more..

Source: Livemint

Maharashtra to launch new industrial policy draft today

The state government of Maharashtra is all set to launch the draft of the new industrial policy in Mumabi on Monday that will be attended by office-bearers of Nashik Industries & Manufacturers’ Association (NIMA) and Ambad Industries & Manufacturers’ Association (NIMA). 

The state government had introduced the industry policy in 2013, which after its expiry in March 2018, was extended for another six... Read more..

Source: ET Energy World

IISER Bhopal develops organic solar cell using vitamin B12 derivative

Researchers at the Indian Institute of Science Education and Research (IISER) Bhopal have developed cheaper and more flexible organic solar cells using a synthetic derivative of vitamin B12.

An organic solar cell is made up of acceptor and donor materials. The donor absorbs light from solar radiation and the harvested energy is passed to the electrodes with the help of the acceptor. In the present study,... Read more..

Source: The Hindu

NTPC - NETRA signs MoA with CIPET to proliferate renewable drive for production of multi-MW floating photovoltaic plants

NETRA (NTPC Energy Technology Research Alliance), the R&D arm of NTPC Ltd, signed the Memorandum of Agreement (MoA) recently with Central Institute of Plastics Engineering & Technology (CIPET) to accelerate the renewable drive by establishing the technology framework for development & production of floaters for Multi-MW Floating photovoltaic (PV) plants.

The MoA was signed by Shri Shaswattam,... Read more..

Source: Equity Bulls

Electric vehicles, green automobiles to be exempted from permit requirements

The government has decided to keep electric vehicles and automobiles running on alternative fuels out of the ambit of permit requirements in order to boost public interest in them. Vehicles using electricity or, ethanol, biodiesel, CNG, methanol and biofuel need not apply for permits, said Union Road Transport Minister Nitin Gadkari. Demand for eco-friendly vehicles can be created by mandating cab aggregators like Ola and Uber to induct a certain percentage of such vehicles in their fleet.

... Read more..
Source: Business Today

Vikram Solar commissions 10-MW project for ONGC in Gujarat

Vikram Solar, Kolkata-based solar energy company, today announced it has commissioned a 10 Megawatt (MW) solar power project for ONGC in Gujarat. The solar project was inaugurated by ONGC Chairman and Managing Director Shashi Shanker. 

The project will power ONGC’s Dhaej, Gandhar and Hazira plant in Gujarat. The solar plant has been built to meet ONGC's captive power usage.

... Read more..

Source: ET Energy World

Tata Steel unveils sustainable steel production technology in Europe

Tata Steel on Thursday announced a "ground-breaking" new sustainable technology which could save half the amount of carbon dioxide released during steelmaking following tests at its Ijmuiden site in the Netherlands.

Its HIsarna technology for producing iron consists of a reactor in which iron ore is injected at the top. The ore is liquefied in a high-temperature cyclone and drips to the bottom of the reactor... Read more..

Source: Outlook India

Singapore’s Temasek to invest $400 million in NIIF’s Master Fund

Singapore’s Temasek has agreed to invest as much as $400 million in the National Investment and Infrastructure Fund (NIIF), a fund set up by the government of India to boost infrastructure financing in the country.

With this, Temasek joins government of India, Abu Dhabi Investment Authority (ADIA), HDFC Group, ICICI Bank Ltd, Kotak Mahindra Life Insurance and Axis Bank Ltd as investors in NIIF’s Master Fund... Read more..

Source: LiveMint

Bolivia offers to partner, share lithium resources

Bolivia can be an ideal partner for the India's renewable energy sector seeking to ramp up storage and driving the wave of electric mobility, says Sergio Dario Arispe Barrientos, Ambassador of the Latin American country, Bolivia.

The Delhi based Bolivian diplomat said “Bolivia has huge lithium resources, a key input for making batteries for storage and electric mobility vehicles, and India is looking to... Read more..

Source: The Hindu Business Line

Leap Green Energy to expand renewable power capacity to 2 GW by 2020

Clean energy generation firm Leap Green Energy Thursday said it looks to increase its power capacity to 2 GW from existing operational 751 MW and also plans fund infusion of $300 million.

"Leap Green Energy Pvt Ltd (LGE), India's leading renewable power generation company, plans to increase its power capacity through opportunistic acquisitions and setting up green field projects," a statement said.... Read more..

Source: Money Control

Pepsi to install plastic crushing machines across Maharashta

Food and beverages firm PepsiCo India is planning to install reverse vending machines to crush PET plastic bottles in all the 36 districts of the state over the next two years as part of its plastic waste management initiative, a top executive said. 

It aims to collect, segregate and recycle 6,500 tonnes of PET bottles in the state in the first year through this initiative. “We plan to roll out this (plastic... Read more..

Source: The Economic Times

MNRE proposes shortening commissioning period for solar projects

Project developers are unhappy with the suggestion, maintaining the shortened deadline will put too much pressure on them.
The Ministry of New and Renewable Energy (MNRE) has proposed shortening the period for commissioning for solar power projects, to speed up the pace of solar capacity addition in view of the target of 100,000 MW of solar capacity to be achieved by 2022. But developers are unhappy with the suggestion maintaining the shortened deadline will put too much pressure on them. 
... Read more..

Source: The Economic Times

PM to launch 2nd phase of FAME India scheme on September 7

Prime Minister Narendra Modi will launch the second phase of the FAME India scheme here on September 7 at India's First Global Mobility Summit 'MOVE', Union Minister Anant Geete said Wednesday. Last week, PTI had reported citing official sources that the prime minister would launch FAME II offering incentives for mass adoption of electric vehicles with an outlay of Rs 5,500 crore on September 7.

"Fame I will... Read more..

Source: CNBC TV18

Delhi backs incentives for clean energy switch to combat pollution

Authorities in Delhi approved measures on Tuesday to encourage businesses to use clean energy as one of the world’s worst polluted cities stepped up the fight against deadly air pollution.

The Delhi city government gave the go-ahead for financial incentives for restaurants switching to electric or gas tandoor ovens from coal, its food and supply minister Imran Hussain said on Twitter, without elaborating.... Read more..

Source: Reuters India