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Sustainability Outlook Headlines

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

Spain: EIB to provide €95 million to finance 40 climate action projects in Barcelona

The European Investment Bank (EIB) will finance around 40 projects in Barcelona that aim to support climate change mitigation and adaptation in the city. To this end, the EU bank will provide €95 million to promote urban regeneration, with a focus on the environment but also on social inclusion and job creation to boost the economic recovery in the wake of the COVID-19 crisis.

A significant portion of the... Read more..

Source: European Investment Bank

SCCL synchronises another 30 MW solar power plant to grid

The plant at Manuguru has been established on 150 acres land with an investment of nearly ₹125 crore.

The Singareni Collieries Company Ltd (SCCL) has synchronised another 30 megawatt solar power plant at Manuguru in Bhadradra-Kothagudem district with the grid successfully on Thursday, taking its solar energy capacity to 40 MW as part of its plans to... Read more..

Source: The Hindu

Solar power: JERC nod sought for ‘people-friendly’ model

With UT administrator V P Singh Badnore approving the Renewable Energy Service Company (Resco) model for installation of rooftop solar plants for residential houses in the city, the UT administration has now moved a petition before the Joint Electricity Regulatory Commission (JERC) seeking its nod for the ambitious project.
 
... Read more..
Source: Times of India
Subject Tags: RESCO Model, Solar Rooftop

Hero Electric partners with Autovert Tech for subscription-based financing plans

Hero Electric on Thursday said it has partnered with fintech start-up Autovert Technologies for subscription-based financing plans for its electric two-wheelers.

... Read more..
Source: Live Mint
Subject Tags: electric vehicle (EV)

Maharashtra: Raut says power tariff cut will benefit 93 per cent consumers

Energy minister Nitin Raut has promised to reduce power tariff soon. “This will benefit 93% consumers. A proposal in this regard will be submitted to the cabinet. After that, MSEDCL will submit a petition in Maharashtra Electricity Regulatory Commission (MERC),” the minister told the media.

... Read more..

Source: The Economic Times
Subject Tags: electricity tariffs, rebate

India reserves 110 power plant equipment, services for local companies

India will bar non-local suppliers in bidding for contracts for supply of about 110 goods and services to power plants. The non-local suppliers are manufacturers with less than 20% local content. These tenders, in respect of which there is sufficient local capacity, will be open... Read more..

Source: The Economic Times

Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat holds discussion with Chief Minister of Kerala through VC

Union Minister of Jal Shakti, Shri Gajendra Singh Shekhawat held discussion with Chief Minister of Kerala, Shri Pinarayi Vijayan regarding implementation of Jal Jeevan Mission in the State through video conferencing today. The flagship programme aims to provide household tap connections in rural areas of the country with focus on improving the lives of people. Potable water in adequate quantity and of prescribed quality to be provided to every rural household on regular and long-term basis, for which the Jal... Read more..

Source: Press Information Bureau

BRICS one of the most valuable and working partnership: Shri Prakash Javadeker

The Environment Ministers of the five BRICS countries (Brazil, Russia, India, China & South Africa) participated in the 6th BRICS Environment Ministers’ Meeting on 30 July 2020 via videoconference under the presidency of Russia. 

Representing India, Union Environment Minister, Shri Prakash Javadekar, said that India attaches great importance to the grouping. The Environment Minister said that the... Read more..

Source: Press Information Bureau
Subject Tags: BRICS, Climate Change, SDGs

Atal Innovation Mission launches 'AIM-iCREST', in partnership with Bill & Melinda Gates Foundation and Wadhwani Foundation

In a major initiative to encourage and enable holistic progress in the incubator ecosystem across the country, NITI Aayog’s Atal Innovation Mission (AIM), has launched AIM iCREST – an Incubator Capabilities enhancement program for a Robust Ecosystem focused on creating high performing Startups. This is a first of its kind initiative for advancing innovation at scale in India. 

AIM has joined hands with Bill... Read more..

Source: Press Information Bureau
Subject Tags: NITI Aayog, startup

Citi targets $250bn environmental financing by 2025, as Moody's unveils science-based targets

Citi’s so-called ‘environmental finance’ goal forms part of a new five-year sustainable progress strategy, which it claims will make it “the world’s leading bank in driving the transition to a low-carbon economy” in a socially just manner.

It commits Citi to providing $250bn in loans and grants to activities in renewable energy, clean technology, nature conservation, green buildings, energy efficiency and... Read more..

Source: Edie

Japan wind power group aims for 10 GW offshore wind capacity by 2030

The Japan Wind Power Association said on Thursday it aims to expand the country’s offshore wind power installed capacity to 10 gigawatts(GW) in 2030 and 30-45 GW in 2040.

Offshore wind power currently provides only a tiny fraction of Japan’s electricity supply but is set to grow after a law, the Offshore Wind Promotion Act, came into force last year to spur development.

... Read more..

Source: Reuters
Subject Tags: Clean Energy, wind power

Primark launches new UK in-store recycling scheme

Primark has rolled out nation-wide recycling programme inviting customers to donate their pre-loved clothes, textiles, footwear and bags from any brand to be ‘re-loved’ via its In-Store Recycling Scheme. Collection boxes will be available in its 190 stores across UK and all donated items will be reused, recycled or repurposed with nothing going to landfill.

... Read more..

Source: Fibre2Fashion
Subject Tags: landfill, recycling scheme

Sembcorp completes 800MW of SECI wind power projects

Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Singapore-based Sembcorp Industries, announced the completion of its 800MW wind power projects awarded by the Solar Energy Corporation of India (SECI). With this, the private sector power generator's renewable... Read more..

Source: Live Mint
Subject Tags: SECI, Wind power projects

24X7 power from renewable under new bundled scheme likely

Renewable power producers will now be able to ensure round-the-clock supply to discoms and other consumers as the government has finalised new guidelines that will allow them to bundle their green power with thermal capacities.

The bundled power package will... Read more..

Source: The Economic Times
Subject Tags: Clean Energy, RTC

India may miss renewable energy capacity of 175 GW target by over 50 GW: ICRA

Even without Covid-19, India would have missed its intended renewable energy capacity of 175 GW target by over 50 GW, predicts industry body ICRA.

... Read more..

Source: The Economic Times

Working with India to make clean power accessible, says U.K. Minister

The Green Growth Equity Fund is focusing on upgrading infrastructure for cleaner energy, Lord Ahmad said

The United Kingdom, which holds the Presidency of the next UN Climate Change Conference, COP26, planned for next year, is committed to building resilience to climate change among communities and working with India on clean energy, Lord Ahmad, U.K.... Read more..

Source: The Hindu
Subject Tags: clean power

Recycling crucial in current scenario, say experts at climate change conference in Hyderabad

India is facing a huge waste management challenge, especially plastic waste, said experts at climate change conference hosted by the British Deputy High Commission Hyderabad. They said recycling is a crucial requirement in the current scenario.

Shoko Noda, resident representative, United Nation... Read more..

Source: Times of India

Namami Gange project provides boost to local economy; included in the prestigious ‘Prime Minister’s Awards for Excellence in Public Administration 2020’

This year the Namami Gange project has been included in the prestigious ‘Prime Minister’s Awards for Excellence in Public Administration 2020’. Interacting with the District Magistrates (DMs) of Uttar Pradesh and senior officials associated with the District Ganga Committees through video conferencing, Shri Rajiv Ranjan Mishra, Director General, National Mission for Clean Ganga (NMCG) asked them to submit their nominations for this year's Prime Minister's Awards for Excellence in Public Administration. "There... Read more..

Source: Press Information Bureau
Subject Tags: Clean Ganga Initiative

PFC signs agreement with IIT- Kanpur for Training, Research, and Entrepreneurship Development in Smart Grid Technology

Power Finance Corporation (PFC), a PSU under Ministry of Power and country’s leading NBFC, signed a MoA with Indian Institute of Technology- Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology. Under the MoA, PFC will provide financial assistance of Rs. 2,38,97,000/- (Rupees Two Crore Thirty Eight Lakhs and Ninety Seven Thousand only) to IIT-K under its CSR initiative.

... Read more..

Source: Press Information Bureau
Subject Tags: smart grid technology

SABIC chemical plant to become world's first-of-its-kind to operate on 100 per cent renewable power

SABIC's polycarbonate facility in Spain is set to become the world's first large scale chemical production plant which will run entirely on renewable power after a major agreement was signed with Iberdrola, an electricity utility company.

The plant is expected... Read more..

Source: The Economic Times

Draft regulations to make solar costlier for open access consumers in Rajasthan

Rajasthan has sought to impose charges on open market purchase of renewable energy by large consumers, raising tariffs by at least half-a-rupee. With the draft regulations released on Tuesday, the state has joined Maharashtra, Andhra Pradesh, Karnataka and Telangana, which are restricting large consumers from buying power from the open market to protect their power distribution companies.... Read more..

Source: The Economic Times
Subject Tags: open access, solar energy

Renewable Energy Certificate Sales down 50% to 3.49 Lakh in June

Sales of renewable energy certificates dipped 50 per cent to 3.49 lakh units in June compared to 6.98 lakh in the same month a year ago, according to official data. Renewable energy certificate (REC) is a type of market-based instrument. One REC is created when one megawatt hour of electricity is generated from an eligible renewable energy source.

... Read more..

Source: India Daily Mail