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Sustainability Outlook Headlines

Zoomcar partners with ETO Motors to boost shared EV mobility

Zoomcar, a personal mobility platform, has signed an agreement with Hyderabad-based ETO Motors, an electric mobility solutions and services company, to provide an array of platform services for ETO’s electric and shared three-wheeler business.

As part of this agreement, Zoomcar will provide access to its proprietary tech platform. In the partnership, ETO Motors will own and operate electric three-wheelers... Read more..

Source: The Hindu
Subject Tags: electric vehicle

EVI Technologies, RevFin tie up for EV financing

Electric vehicle charging infrastructure firm EVI Technologies on Monday said it has partnered with digital lending startup RevFin and electric three-wheeler makers Saarthi and Mayuri, to provide funding for EVs and swappable battery solutions.

Under the partnership, RevFin will finance e-rickshaw and e-two wheelers along with swappable battery solutions provided by EVI Technologies. The initiative will... Read more..

Source: Outlook India

Centre gives nod for 178 EV charging stations in Telangana

 

Bringing in the much-needed Electric Vehicle (EV) charging infrastructure to the State, the Union Ministry of Heavy Industries and Public Enterprises has finally approved 178 Electric Vehicle (EV) charging stations for Telangana. The approval came under two phases of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-India) Scheme aimed at giving a big push to electric vehicles in public transport.

... Read more..

Source: Telangana Today

Power ministry floats Cabinet note to relax discoms’ borrowing limit

With some state electricity distribution companies (discoms) unable to avail India’s ₹1.25 trillion reform-linked loan package for clearing outstanding dues, the union power ministry has moved a cabinet note for increasing their borrowing limits, said two people aware of the development.

With some fund-starved discoms neither having the headroom for borrowing more working capital, nor the requisite state... Read more..

Source: Live Mint
Subject Tags: DISCOM, electricity dues

Portugal selects multi-billion post-coronavirus hydrogen projects

Portugal's government has selected more than 30 multi-billion euro hydrogen projects interested in building production units of so-called "green" energy in the country after the coronavirus pandemic.

... Read more..

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

UK Space Agency launches new climate change project

The first £10m will be used to support projects focusing on earth observation technologies.

Currently, half of the measurements needed to monitor climate change rely on satellites. The funding will be used to help develop more advanced instruments and data analysis techniques to support climate science and to help inform strategies that can reduce emissions and protect local areas from climate impacts such... Read more..

Source: Environment Journal
Subject Tags: Climate Change

India’s renewable energy sector should move to next stage of investment, manufacturing: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that the country now needs to move to the next stage of investment and manufacturing in the renewable energy sector.

... Read more..

Source: The Economic Times

Gujarat adds highest wind power generation capacity

Continuing to attract wind power project developers, Gujarat added the highest capacity for wind power generation in 2019-20. The state had also grabbed a lion’s share of the new wind power capacity installed across India in the last fiscal.

The state saw installation of new wind power generation... Read more..

Source: Times of India
Subject Tags: Clean Energy, wind power

New guidelines issued on bundled solar and thermal power

Solar and thermal power can be bundled by bidders to provide 24x7 electricity to distribution companies, according to new official guidelines issued to scale up renewable energy without hurting the grid... Read more..

Source: The Economic Times

Andhra Pradesh makes rapid strides in PAT scheme in industries sector

The Energy Department of Andhra Pradesh (A.P.) saved 2,386 million units (MU) of power in the industries sector under the Perform Achieve & Trade (PAT) scheme. The power conserved is worth around ₹1,600 crore in the last three years , according to an official release.

The Bureau of Energy Efficiency (BEE) appreciated the efforts of A.P. towards improving energy efficiency in energy-intensive industries... Read more..

Source: The Hindu

UP draws up plan to cut AT&C losses to 15% by 2024

In line with the Centre’s reforms linked distribution scheme, the Uttar Pradesh government has drawn up a plan improve the financial and operational performance of discoms. They include plans to bring down the Aggregate Technical & Commercial (AT&C) losses from the current 30.3% to 15% by March 2024, reduce ACS-ARR gap from -.07 in 2019-20 to 0.85 in 2023-24 and bring down the distribution losses from the current 18% to 13.3% by March 2024.

... Read more..

Source: Financial Express
Subject Tags: smart metering, T&D losses

Single window system to be set up soon for industrial clearances and approvals

The Government is soon going to set up a single window system for clearances and approvals of industry in the country.Talking to the sovereign wealth funds, the foreign pension funds and others on ease of doing business and investments in infrastructure sector in India, Commerce and Industry Minister Shri PiyushGoyal said that this would be a genuine single window and all the concerned State Governments and Central Ministries are being taken on board for the system. 

... Read more..

Source: Press Information Bureau
Subject Tags: Industry, investors

EDF-Jinko Power consortium wins deal for major solar project in Abu Dhabi

A consortium formed by French state-controlled power group EDF (EDF.PA) and its Chinese partner Jinko Power Technology has been awarded the Al Dhafra solar project in Abu Dhabi, United Arab Emirates, EDF said on Monday.

EDF said the Abu Dhabi solar photovoltaic plant would have a capacity of 2 GW, which would make it the largest single-project solar plant in the world, generating the equivalent electricity... Read more..

Source: Reuters
Subject Tags: Clean Energy, solar project

BMW Group makes sustainability and efficient resource management central to its strategic direction

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction. Chairman of the Board of Management Oliver Zipse announced initial details of this strategic direction in Munich today and presented the targets the company has set itself for the phase up to 2030. The BMW Group is building on a strong foundation: Over the past years and decades, the company has repeatedly set standards in terms of sustainability. The principle of continuous improvement will remain at... Read more..

Source: BMW Group

NTPC floats tender to acquire 1 GW solar projects

The company is looking to make its energy portfolio greener by boosting renewable energy capacities.

State-run power giant NTPC has floated a tender to acquire 1 GW operational solar projects, which entails an investment of around ₹5,000 crore.

In a... Read more..

Source: The Hindu

India-European Union Agreement on Scientific and Technological Cooperation renewed for next five years (2020-2025)

India and European Union have renewed its Agreement on Scientific and Technological Cooperation for the next five years (2020-2025). This has been done by exchange of Note Verbale between two sides. The Agreement was initially signed in on 23 November 2001 and renewed two times in past in 2007 and 2015.

This will expand the cooperation in scientific and technological research strengthen the conduct of... Read more..

Source: Press Information Bureau

Solar-storage plan to power Leh hangs fire

At a time when the border standoff with China in Ladakh has sharpened focus on infrastructure development in border areas, a storagebased solar project proposed to make Leh, the union territory’s nerve centre, self-reliant in power has been hanging fire over the administration’s insistence on quota of free power.

... Read more..

Source: Times of India
Subject Tags: SECI, solar storage

DPIIT-led panel to vet GeM vendors from neighbouring countries, restrict Chinese suppliers

All vendors registered on the government e-Marketplace (GeM) will now have to furnish a certificate declaring their compliance with the new procurement norms that seek to restrict suppliers of Chinese... Read more..

Source: The Economic Times

Simple Energy In Talks With Investors To Raise $1 Million

Bengaluru-based electric vehicle start-up Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar said.

The proceeds will be utilised for testing and certification of its 280-km range range scooter as the company seeks to secure Automotive Research Association of India's (ARAI) approval for its maiden offering by December, before the... Read more..

Source: Business World

Ather Energy raises ₹84 crore from existing investor Hero MotoCorp

Electric scooter manufacturer Ather Energy has raised a fresh investment of ₹84 crore from existing investor Hero MotoCorp Ltd, as an extension of its Series C round that was led by Sachin Bansal last year.

... Read more..

Source: Live Mint
Subject Tags: electric vehicle, investors

160 subsidised solar pumps for Pilibhit farmers on first-come-first-served basis

The Pilibhit agriculture department is set to provide 160 solar pumps to farmers on subsidy, under the Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan scheme of the Union government. The subsidy has been fixed at 40% of the selling price of the solar units... Read more..

Source: The Economic Times
Subject Tags: KUSUM Scheme, solar pumps

Power Innovations announces new record in use of Hydrogen Fuel Cell technology

Energy solutions provider Power Innovations announced it successfully powered a full data center server load, equivalent to one-fourth of a Megawatt (MW), for 48 continuous hours with Hydrogen Fuel Cells (HFC), doubling the previous mark of 24 hours set by the firm last year.

... Read more..

Source: The Economic Times

Delhi: DISCOMs switch to digital mode for power complaints

This monsoon, you can report any disruptions in power supply with a missed call, WhatsApp message, SMS or mobile applicationPower discoms... Read more..

Source: The Economic Times
Subject Tags: DISCOMS

Azure Power receives LOA for 2,000 MW solar power project

Solar power producer Azure Power today announced it has received the letter of award (LOA) for a 2,000 Megawatt (MW) interstate transmission (ISTS) solar power project with Solar Energy Corporation of India (SECI... Read more..

Source: The Economic Times
Subject Tags: PPA, solar project

Single-window clearance for renewable energy plans: Maharashtra

The Maharashtra government will give single-window clearance to renewable energy projects in a bid to move towards cleaner sources of energy, state Energy Minister Nitin Raut said on Thursday.

... Read more..

Source: Live Mint
Subject Tags: Clean Energy, solar project