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Sustainability Outlook Headlines

Russia's Taymyr plan: Arctic coal for India risks pollution

Natural riches come in two conflicting types in Russia's Arctic north: valuable minerals and spectacular wildlife. But sadly for many threatened species, the decline in Arctic sea ice has created a new economic opportunity for Russia in their remote habitat. In a decree last year President Vladimir Putin ordered Russian firms to boost cargo traffic on the Northern Sea Route to an annual 80m tonnes by 2024. Ambitious energy co-operation deals were signed with India in Vladivostok, in Russia's far east, in October. One centres on a big open-cast coal mining project in the Taymyr Peninsula,... Read more..

Source: BBC News

UNDP launches Accelerator Lab in India, to work on pollution, water issues

Seeking to address some of the most pressing issues facing India, including air pollution, through innovation, the UNDP on Thursday launched the country chapter of its Accelerator Lab here. The laboratory that will be housed in the United Nations Development Programme (UNDP) office here has partnered with Indian government''s Atal Innovation Mission to achieve the objectives. "India is an epicentre of innovation and we are pleased to launch an Accelerator Lab here too, where innovators will seek to bring in their energy together to come up with solutions for common problems facing the... Read more..

Source: Outlook

Centre, Andhra reach a compromise on green contracts

The Centre and Andhra Pradesh have reached a compromise to end the impasse over the Y.S. Jagan Mohan Reddy-led government’s controversial decision to reopen renewable energy contracts inked by the previous state government. The compromise was struck during a meeting attended by Union and state government representatives earlier this month. The formula includes non-revision of those power purchase agreements (PPAs) whose tariffs have been fixed by the state electricity regulator; concessional loans to the Andhra Pradesh government by state-run firms such as Power Finance Corp. Ltd, (PFC),... Read more..

Source: Livemint

India sets up 31,696-MW solar power generation capacity: Minister

The government on Thursday said a total 31,696 Mega Watt (MW) of grid connected solar power generation capacity has been set up in the country till October 2019. The government's target is to installing 1,00,000 MW grid connected solar power capacity by December 2022, Minister of State for Power and New and Renewable Energy R K Singh said in a written reply to the Lok Sabha. "As on October 31, 2019, a total grid connected solar power generation capacity of 31,696 MW has been set up in the Country, projects of 17,998 MW capacity are at various stages of installations," the minister said.... Read more..

Source: ET Energy World

Procter & Gamble India sets up Rs 200-crore fund focused on climate

Consumer goods major Procter & Gamble (P&G) India on Thursday said it had set up a Rs 200-crore fund that would partner and invest in companies that provided environmentally sustainable solutions. The new fund is in addition to its innovation sourcing fund that the company, the local unit of the world's largest consumer goods firm P&G, had launched last year. So far, P&G India has spent Rs 200 crore through the innovation sourcing fund, investing in start-ups that provide interesting ideas and solutions to business problems. Rival Unilever, the world’s second-largest... Read more..

Source: Business Standard

Tata Power seeks global investors for renewable energy

India's Tata Power Company Ltd, the power generation arm of the salt-to-software Tata group, wants to sell a stake in its renewable energy portfolio to global investors, its chief executive Praveer Sinha told Reuters. The company is examining the option of bringing in global investors through an infrastructure investment trust, commonly called an InvIT, Sinha said, adding the funds would help the company reduce debt. "It will be a private InvIT in the sense that there will be some global players who are long term investors," Sinha said. An InvIT is an investment scheme like a mutual fund... Read more..

Source: Deccan Herald

MG Motor India associates with Umicore for recycling end-of-life ZS EV batteries

MG Motor on Thursday announced its association with Umicore to explore opportunities in safe and sustainable recycling of end-of-life batteries for electric vehicles. Umicore offers a complete recycling journey for Li-ion batteries to maintain ecological footprint. Umicore holds extensive expertise in end-to-end battery life cycle management and a unique battery value chain that guarantees better operational efficiency, supply security and speed of response, MG Motors said in a release. Speaking on the tie-up, Gaurav Gupta, chief commercial officer, MG Motor India, said, “Over the past few... Read more..

Source: The Times of India

Distributed Energy’s rooftop solar aggregator platform raises Rs 100 million funding

Rooftop solar developer Distributed Energy has launched an online platform that connects credible renewable energy projects with investors. After comprehensive due diligence on several metrics, energy customers can have their fundable projects listed on its marketplace. Investors can explore and express interest in one or more of these at the click of a button. The platform—which has already delivered 5 MW of energy to a range of companies in Southern India and Rwanda—has received Rs 100 million in funding from Singularity University’s Co-Chair for Energy and Environment and Angel investor... Read more..

Source: PV Magazine India

TN’s electric vehicle policy attracts global player, MoU likely to be signed

Tamil Nadu’s electric vehicle policy has attracted global players including those from China, and the state government is likely to sign a Memorandum of Understanding soon. About nine new MoUs with various companies, including BYD China, would be signed as part of the initiative to industrialise the state. China’s BYD (Build Your Dreams) Group’s Indian arm is likely to invest Rs. 700 crore in a mobile components facility in Sriperumbudur, say sources. In October, a month after the State government unveiled its electric vehicle (EV) policy, Zhang Jie, executive director of BYD India, called... Read more..

Source: Deccan Chronicle

Toshiba, Kerala govt sign EOI for making lithium-ion batteries for e-vehicles

The Toshiba group on Thursday signed an Expression of Interest (EOI) with the Kerala government for technology transfer and manufacturing lithium-ion batteries for electric vehicles. The EOI was signed at the Kerala State Investment Promotion Seminar organised here which saw the participation of a high-level delegation of the Kerala government led by Chief Minister Pinarayi Vijayan. Vijayan addressed the seminar organised for 150 major Japanese investors.

Source: ANI News

IIT-H partners with Japanese company to produce electric vehicles

In a revolutionary move in Indian Automobile Sector, which was heading towards adoption of manufacturing of electric vehicles, the Indian Institute of Technology-Hyderabad and ItsEV, a Japan-based electric vehicle manufacturing company were planning to launch electric vehicle, which can be recharged by installing solar panels on its top, in Indian market. A three-wheeler prototype was already test run on the institute premises on Thursday. Two days ahead of a day-long workshop on “Dawn of New Era for Indian Automobile Industry” at IIT-H, the faculty of Department of Chemistry IIT-H and... Read more..

Source: Telangana Today

Shifting to electric vehicles may only burn money: Experts

Electric vehicles may not be the panacea the country is hoping for. To implement the electrification plan of 2030, the manufacturing of battery capacity in the country needs to be augmented at least 1,000 times. Moreover, five giga factories will be required to be set up, each costing around $5 billion. This, and the need to review financial implication of electrification of vehicles, was discussed by prominent experts across the country during a panel discussion on ‘Balancing energy security, environmental impacts and economic considerations: Indian Perspective’ on Thursday. Held at the... Read more..

Source: The Times of India

Warm Indo-Pacific pool altering global rainfall patterns, reveals study

A warm water pool in the Indo-Pacific Ocean that influences rainfall in many parts of the world, including India, is adding a ‘California’ to its size every year. In the process, it is slowly but steadily altering rainfall patterns in many regions, a study led by an Indian scientist showed on Wednesday. The Indo-Pacific warm pool has been warming rapidly and expanding during the recent decades in response to an increase in carbon emissions due to climate change. It has already grown to double its size, from an area of 22 million sq km during 1900-1980 to 40 million sq km during 1981-2018.... Read more..

Source: The Hindu Business Line

Kinetic Green partners with Autoline Ind to develop e-cycles

Pune-based electric vehicle maker Kinetic Green said it has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Under the alliance, Autoline will undertake the development of the electric cycle critical assemblies with almost 100 per cent localisation, a release said on Wednesday. The two partners have "successfully" developed their first two models, named 'E-Speed,' which will be available in the domestic market from the next month at a price of Rs 24,999, it said. "Kinetics vision is to bring a wide range of innovative yet... Read more..

Source: ET Auto

Government in the process of finalizing new energy policy: NITI Aayog Additional Secretary

Government thinktank NITI Aayog‘s additional secretary (Energy) R.P. Gupta has informed that the Indian government is in the process of finalizing an energy policy for the country. “The new policy will address the issues of accessibility and affordability, energy security, thrust on clean source energy and the overall requirement of energy,” said Gupta while speaking at an energy storage conference. Highlighting the potential of energy storage in India, Gupta said: “The focus will also be on Make in India for cells used in battery in electric vehicles along with policy for demand creation... Read more..

Source: PV Magazine India

EESL plans to issue tender for e-luxury cars in January

State-run Energy Efficiency Services Ltd (EESL) is set to float a tender for procurement of electric luxury cars, possibly in the range of Rs 25 lakh each, which it plans to lease out to cab aggregators like Ola and Uber, people aware of development said. “EESL may go for a small procurement of 200 cars, to be used in the shared-mobility segment,” said a source aware of the development. “Proposals have been sent to Ola and Uber for leasing out 50 cars to each aggregator, while purely electric ride-hailing service Blu Smart has also evinced interest for such cars,” the person added. Both... Read more..

Source: ET Energy World

ADB approves $250 mn loan to EESL to expand energy efficiency investments

The Asian Development Bank (ADB) on Wednesday said it has approved a loan of $250 million (about Rs 1,775 crore) as part of an assistance package to EESL to expand energy efficiency investments in India. The new ADB project is a sector loan guaranteed by the Government of India, allowing for undertaking of sub-projects with high readiness and inclusion of newer sub-projects as they are developed, the multilateral agency said. Activities to be undertaken by the Energy Efficiency Services Limited (EESL) in eligible states include energy efficiency opportunities not targeted by traditional... Read more..

Source: ET Energy World

DBS Foundation awards over Rs 6 Cr in Grants to 9 social enterprises across asia

DBS Foundation, the foundation in Singapore dedicated to championing social entrepreneurship said that it has awarded around Rs 6.79 Cr)to nine social enterprises (SEs) as part of its 2019 DBS Foundation Social Enterprise Grant Programme. The grant funding will support this year’s awardees from India, Singapore, China, Hong Kong, Indonesia and Taiwan to deploy social innovations in areas such as healthcare, nutrition, employability and income generation, education, energy, environment protection and waste management. This year, the DBS Foundation Social Enterprise Grant Programme received... Read more..

Source: India CSR

Andhra Pradesh has Developed Over 1 GW of Solar Projects in Naxal Areas

According to the information provided by the Ministry of New and Renewable Energy (MNRE), the state government of Andhra Pradesh has reported the development of over 1 GW of ultra-mega solar power projects in Naxal affected regions of the state. The total installed capacity in the regions as reported by the state government is 1.16 GW, of which a 1000 MW solar park is under development in left-wing extremist mandals of Nambulapula Kunta, and another 160 MW solar plant in Ramagiri in Ananthapuram District. The information was relayed to the parliament during the latest question hour. Union... Read more..

Source: Saur Energy

Goa to buy solar power from NTPC for next three years

The cabinet on Wednesday approved a proposal for extending the power purchase agreement executed with M/s NTPC Vidyut Vypar Nigam Ltd (NVVNL) for purchase of solar power by three years. Power minister Nilesh Cabral said that a lower rate of Rs 5.5 per unit has been negotiated as against the earlier Rs 7.99 per unit. According to the directives of the Joint Electricity Regulatory Commission (JERC), it is mandatory for the electricity department to purchase a defined percentage of its power from renewable sources, including solar and non-solar. The earlier five-year contract ended on August... Read more..

Source: ET Energy World

NMC plans 4 projects for reuse of entire city waste on daily basis

After roping in two new operators for efficient garbage collection from households, streets and to transport the same to Bhandewadi dumping yard, the Nagpur Municipal Corporation (NMC) has planned four new projects for treatment and reuse of entire solid waste generated in the city on daily basis. In view of the new plan, the civic body is all set to terminate the contract of waste-to-energy project with a joint venture of Noida-based Essel Infraprojects Limited and Japan-based Hitachi Zosan India Private Ltd. The health department has tabled three proposals before the standing committee... Read more..

Source: The Times of India

India moving towards hybridised power utilities to achieve rural growth

India's state-run power utilities or DISCOMs are badly in debt despite repeated bail-outs, and are failing in their mandate to deliver reliable, quality power to homes and businesses. However, a new trend is emerging that has the potential to address these challenges. The government, DISCOMs, and major corporations now appear ready to explore ways to unite power utilities with solutions from private decentralized renewable energy (DRE) enterprises to create hybrid DISCOMs that combine the best of public and private, and centralized and decentralized grids, to reduce the debt burden and... Read more..

Source: ET Energy World

India to insist on ‘differentiated responsibilities’ at Madrid climate talks

India will insist upon the principle of ‘equity and common but differentiated responsibilities’ at next week’s climate talks in Madrid, Spain. In simpler terms, it means that while all countries should do their best to fight global warming, developed countries – with deeper pockets, who were primarily responsible for the climate mess – should take a bigger share of the burden than the developing and under-developed countries. “India's approach will be guided by principles and provisions of UNFCCC and the Paris Agreement, particularly, the principles of Equity and Common But Differentiated... Read more..

Source: The Hindu Business Line

India and Germany to Collaborate on Development of Solar Projects

India and Germany will collaborate on Mumbai Metro and solar energy projects as part of bilateral cooperation in energy and urban development sectors, a senior official with Germany’s Ministry of Economic Cooperation has said. Talking to reporters here, Director General (Bilateral Cooperation) of the Federal Ministry for Economic Cooperation and Development Claudia Warning said, “Government-to-government negotiations were held on November 27, 2019, and it was decided that 25 concrete projects related to energy cooperation and urban development would be carried out between the two countries... Read more..

Source: Saur Energy

UN report: India on track to meeting greenhouse gas emissions target

Global emissions of greenhouse gases, which are responsible for global warming, are growing rather than declining as they should. Even if all countries meet the unconditional commitments they made at the Paris conference in 2015, GHG emissions will be way more than what they should be. India is among the few countries that are on track to meeting their Paris targets (called ‘nationally determined contributions’ or NDCs). This is the central message of the United Nations Environment Programme’s ‘Emissions Gap Report, 2019’, released today. ‘Emissions gap’, as defined by the report itself,... Read more..

Source: The Hindu Business Line