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Sustainability Outlook Headlines

Hero Electric and CSC e-Governance's partnership will help promote electric mobility in rural India

You know how we talk about electric vehicles and electric mobility in India? What most of us don't realise that this conversation seems to be laregly restricted to metro cities and urban areas in the geographical context. However, the pursuit of mass adoption of electric mobility would be highly inefficient if we don't include rural and under-developed areas in this conversation. Interestingly, there are some entities that have not lost sight of that reality: Hero Electric and CSC e Governance Services India Ltd. The two companies recently announced an alliance that will seek to promote... Read more..

Source: Times Now

Mahindra Accelo bets big on recycling, may foray into EV motors

Mahindra Accelo, the oldest company of the Mumbai-based business group, sees a big opportunity in recycling and in making motors for electric vehicles, its top executive said, as it diversifies from its original steel trading business. Previously known as Mahindra Intertrade, the company has over the years ventured into processing steel and manufacturing motor cores for home-appliances and, potentially, electric vehicles in future. “One in five fans and one in three air conditioners use our motors,” Sumit Issar, managing director of Mahindra Accelo, told ET. The company has formed a 50-50... Read more..

Source: Economic Times
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Bloom Energy and EnergyPower to Supply Reliable, Renewable, Zero Carbon Electricity From India’s BioWaste

EnergyPower will be deploying a new agricultural and municipal waste digester combined with Bloom Energy’s solid oxide fuel cell technology to deliver reliable, renewable power to customers in the Shirala district, Maharashtra. Anaerobic digesters will be used to breakdown and clean biowaste to produce biomethane, which will fuel Bloom Energy Servers. The project will have a tremendous environmental impact, as methane is 25 times more potent in the atmosphere than CO2 emissions. “We are happy to bring Bloom Energy’s technology into our clean energy ecosystem at a time when India’s... Read more..

Source: Financial.de

Shell buys stake in India and Kenya-focused rooftop solar firm

Oil major Shell has made another foray into Indian renewables by acquiring close to a 20% stake in Bangalore-headquartered Orb Energy, which provides credit to small and medium-sized enterprises (SMEs) to install rooftop PV and lower power costs. Last year, Shell and European utility ENGIE were among the investors pumping US$20 million into India-based Husk Power Systems, a developer of innovative microgrids working to expand its Asian and African business. Shell also acquired a 49% stake in Cleantech Solar, a Southeast Asia and India-focused C&I solar company last year. The investment... Read more..

Source: PV Tech

India, US to launch new clean energy initiative to fuel economic growth in Indo-Pacific

India and America will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. The US has been pushing for a broader role by India in the Indo-Pacific region in the backdrop of China's rising military maneuvering in the region. China has been trying to expand its military presence in the biogeographic region, comprising the Indian Ocean and the western and central Pacific Ocean, including the South China Sea. Beijing claims almost all... Read more..

Source: Energy World - Economic Times

India hopes to end single-use plastics within 3 years

India announced an ambitious campaign on Wednesday aimed at eliminating single-use plastics within three years. Environment ministry official Chintan Mishra said efforts to “sensitize” the public against single-use plastics started Wednesday, the 150th anniversary of independence leader Mohandas Gandhi’s birth. Mishra explained the campaign at a meeting of the Intergovernmental Panel on Climate Change in New Delhi. Most Indian states already have some regulations on single-use plastics. The central government is asking all states to try to end their use by 2022. Mishra, however, said the... Read more..

Source: Washington Post

India seeks to gain from Norway’s experience in ocean management

India is seeking to learn from Norway, a global leader in shipping and ocean management. A team of experts from National Institute for Transforming India (NITI Aayog) visited Norway last week to learn about integrated ocean management and green transformation in the shipping sector The visit included meetings with the Norwegian Ministry of Foreign Affairs and the Norwegian Environment agency in Oslo, where discussion topics centered on ocean management in Norwegian foreign policy and Norwegian marine spatial planning. The visitors also met Norwegian Ministry of Climate and the Environment... Read more..

Source: Economic Times

India has potential to become one of the largest electric vehicles markets: Report

India has the potential to become one of the largest electric vehicles (EVs) markets in the world, with the government pushing for the segment in order to curb pollution and reduce reliance on import-dependent fossil fuel, says a report. However, the uptake of EVs has been slow in the country due to the high upfront as well as lifecycle costs cost but long-term investment in research and development (R&D) will create sustained growth, according to the report by the Word Economic Forum and Ola Mobility Institute. Apart from investment, government backing and direction will be crucial... Read more..

Source: Deccan Chronicle

Report: Renewables will provide nearly half of world’s electricity by 2050

Renewable sources of energy will provide nearly half of the world’s electricity by 2050, according to the U.S. Energy Information Administration. Currently, 28% of global electricity is generated from renewable energy sources such as hydropower, wind and solar technologies. In its International Energy Outlook 2019, EIA projects that renewables will collectively increase to 49% of global electricity generation by 2050. Of the top three renewable sources, EIA expects solar’s share of generation to grow the fastest and hydroelectric’s share to grow the slowest. China likely will see the most... Read more..

Source: Tribune Live

Largest assembly of solar lamps: Students create world record on Gandhi's birth anniversary

On Mahatma Gandhi's 150th birth anniversary, students from the National Capital Region on Wednesday created two new records in an event which had officials from the Guinness Book of World Records in attendance. They include the largest assembly and lighting of solar lamps and environmental sustainability lessons to the largest number of students at one place. Environment and Forest Minister Prakash Javadekar congratulated the students, saying that they had made the solar lamp with their hands and hearts. He also called for creating an "oxygen bank" by planting at least seven trees in one's... Read more..

Source: Energy World - Economic Times

Dabur Joins EDMC’s ‘Swachhta Hi Sewa Plogging Drive’

Moving forward on its commitment towards a Greener and Cleaner Planet for future generations and to support the Hon’ble Prime Minister Mr. Narendra Modi’s call for “Swachhta Hi Sewa” on the occasion of 150th Birthday of Mahatma Gandhi, India’s largest Science-based Ayurveda major Dabur India Limited today joined hands with the East Delhi Municipal Corporation (EDMC) and Indian Pollution Control Association (IPCA) for a unique ‘Swacchta Hi Sewa Plogging Drive’ in East Delhi. The event was organized to raise awareness among the people and inculcate a habit of picking up litter from path... Read more..

Source: Company CSR

AC Energy Invest $20 Million in RE Projects in Asia Pacific

THE power unit of conglomerate Ayala Corp. is investing $20 million to partly finance the development, construction and operations of renewable-energy (RE) power projects in the Asia-Pacific (AsPac) region, with a goal of building a portfolio of over 1 gigawatt in the next few years. AC Energy, through AC Renewables International Pte. Ltd., will undertake these power projects together with UPC Renewables, through UPC Solar Asia Pacific Ltd. They formed a 50-50 joint-venture company known as UPC-AC Energy Solar. “AC Energy is investing $20 million via a development loan to finance the... Read more..

Source: Power Insider

Most Indian banks fail on policies of climate change'

Most Indian banks fail on policies of environment and human rights and this inaction leaves the Indian banking sector vulnerable to investment risks arising due to climate emergencies, according to the first edition of Fair Finance Guide India scorecard. The scorecard, that analysed environmental, social and governance (ESG) policies, disclosures and commitments of various banks in India, noted that Indian banks have policies on financial inclusion and corruption, but are found wanting on social, environmental and human rights issues in their investment policies. Fair Finance Guide India... Read more..

Source: Deccan Herald

India to gradually replace coal with renewable energy'

Reduction of coal consumption is not a one-day process and India has a long-term plan to gradually replace coal with renewable energy, a top environment ministry official said on Monday. Union Environment Secretary C K Mishra said coal based plants will continue using coal but a long term plan was in place to reduce its consumption. "Reduction of coal is not a one-day process. We have a plan in place. A long-term plan where we will replace coal with renewable energy slowly to achieve the goal announced by the prime minister to reach 450 gigawatt. "But plants which are already coal based,... Read more..

Source: Deccan Herald

Helping India breathe better

Pollution, a major contributor to climate change, is a growing concern in India as it is around the world. India faces one of the highest disease burdens from air pollution in the world with an estimated 100 per cent of the population living in areas with PM2.5 concentrations (particles that have a diameter of less than 2.5 micrometres) above the World Health Organization's guideline (10µg/m3 annual average). India is home to more than 17 per cent of the world's population, making it the world's second most populous country. That population is increasingly migrating from the countryside to... Read more..

Source: India Today

Primark announces fivefold increase in its Sustainable Cotton Programme

Primark has today announced a significant expansion of its Sustainable Cotton Programme, with plans to train more than 160,000 independent cotton farmers in sustainable farming methods across three of its key sourcing countries by the end of 2022. The move increases the number of farmers enrolled in the programme to more than five times the current size. The expansion marks an important part of the retailer’s ongoing commitment to minimising its impact on the environment and bringing more sustainably-sourced cotton to customers at affordable prices. Cotton is the main natural fibre used to... Read more..

Source: Ethical Marketing News

Gujarat's rooftop solar power scheme aims to cover 2 lakh families

Gujarat energy minister Saurabh Patel said that the state government's rooftop solar panel scheme aims to cover two lakh households by March 31 next year. Under the scheme, people can install solar panels for electricity generation on the roof of their houses, and if there is surplus electricity, they can sell it to the power grid. "1,600 MW of solar power will be produced through rooftop solar panels in Gujarat by 2021-22," the minister said at an event here, adding that the government aims to cover two lakh families under the scheme this fiscal. The state government had made a provision... Read more..

Source: Energy World - Economics Times

Corporate tax cut to lead to Rs 2,500 cr power discoms savings

The Centre's recent move to lower the corporate tax rate is a positive development for the power sector as it is expected to save Rs 2500 crore a year for the state distribution companies, ratings firms Icra said on Monday.

The move would allow power generators with cost-plus power purchase agreements (PPAs) to pass on tax cuts to power distribution utilities, an official statement issued by the ratings agency said.

As per Icra's estimates, the extent of benefit that would accrue to discoms from the power generation and transmission segments, mainly from central and state... Read more..

Source: Energy World - Economics Times

Andhra Pradesh: Bad weather hits supply of renewable energy

Energy secretary Dr N Srikanth on Monday said power shortage in the state was not due to non-purchase of solar and wind power. He said solar and wind plants could not operate at optimum level due to inclement weather. In a statement, the energy secretary said they got a maximum of around 815 MW as against a capacity of 3,000 MW per day as production could not peak due to bad weather. He said the plants could produce only 28 MW per day. He clarified that the government has not stopped procurement from renewable energy plants. Srikanth brushed aside charges that power utilities had no plan... Read more..

Source: Energy World - Economics Times

Researchers find environment friendly way to develop batteries

Researchers have developed a new concept for an aluminium battery, which will give it twice the energy density as compared to previous versions, and with least environmental impact. The idea has the potential for large scale applications, including storage of solar and wind energy. Researchers from Chalmers University of Technology, Sweden, and the National Institute of Chemistry, Slovenia, are behind the idea. Using aluminium battery technology could offer several advantages, including a high theoretical energy density, and the fact that there already exists an established industry for... Read more..

Source: Energy World - Economics Times

Tupperware India to end single-use plastic from packaging

Kitchenware and culinary brand Tupperware India has announced to stop the usage of single-use plastic for product packaging from October 1, and instead use recyclable paper based compostable packaging material. In a statement, the company has said that the transition would increase the company’s expenditure by around 7 per cent, but the company would not pass on the rise in cost to the consumers. “After six months of thorough research, evaluation of options and initial testing in India and select international markets, the brand is ready to switch from single use plastic packaging to... Read more..

Source: Daily Kiran

PMO steps in to ease supply of credit for green energy firms

The Prime Minister’s Office has intervened to help ease credit supply to renewable energy firms, as the government moves to ensure that India’s efforts to emerge as a clean energy champion are not undermined by a lack of access to funds. The PMO has asked federal policy think tank NITI Aayog to assess the situation after debt financing for green energy projects dried up with large banks such as State Bank of India (SBI) declining to fund projects that have committed to sell power at less than ₹3 per unit, two government officials said on condition of anonymity. Sanction of funds by... Read more..

Source: Livemint

Lithium-Ion battery recycling presents a $1,000 million opportunity in India

The lithium-ion battery market is expected to grow exponentially in the next five years in India and its recycling offers a $1000 million opportunity by 2030, JMK Research has estimated. However, recycling would gather momentum only when the Indian government brings in a well-defined regulatory and policy framework said the research firm. Initiatives by the centre that will accelerate the growth of lithium-ion battery market in India include National Electric Mobility Mission Plan 2020, with a projection of getting 6-7 million electric vehicles on Indian roads by 2020, installation of 175... Read more..

Source: Economic Times

Hero Future Energies reorganises business to make overseas foray

Hero Future Energies has reorganised its business to expand its portfolio abroad and access cheaper funding. Hero Future Energies (HFE) Global, registered in London since 2016, will control the India business through a Singapore entity and spearhead the global plans. The renewable arm of BM Munjal Group is looking to get 25-30 per cent of its business from the overseas market. It is looking to make use of the UK treaties with other countries, especially in the African and South Asian region, for efficient financing of projects. The company is yet to have an operational project abroad,... Read more..

Source: Business Standard

Nagpur: Mitsubishi Electric pledges for a greener tomorrow

Mitsubishi Electric is consistently delivering pioneering technology & innovation to make positive contribution towards the society. Mitsubishi Electric has recently launched its Environmental Sustainability Vision 2050. The company provides an Environmental declaration which states to protect the air, land and water with our efforts and technologies to sustain a better future for all. Mitsubishi Electric India is commencing its CSR activity by organising a tree plantation drivein Beltarodi Road, Nagpur. Nagpur is a growing city and has recently regained its first position in Smart... Read more..

Source: Newsheads