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Sustainability Outlook Headlines

India’s first wind power auction: Developers sign PPAs for 550 Mw capacity

Major wind power developers including Adani and Mytrah Energy today signed Power Purchase Agreements (PPAs) with Power Trading Corporation (PTC) for supply of 550 Mw power to states as part of India’s first wind power auctions scheme. The pacts were signed in the presence of power, coal, renewable energy and mines minister Piyush Goyal here.

As per the PPAs signed, Mytrah Energy, Inox Wind and Ostro Kutch... Read more..

Source: The Economic Times

IIT-Bombay develops technology for colour coating solar glass building

Indian Institute of Technology (IIT) Bombay has developed a technology that allows colour coating of solar glass buildings without affecting their energy-harvesting property. 

The institute has patented its 'nanophotonic coating' technology and will soon launch a startup that would take this technology to the commercialisation stage. 

... Read more..

Source: The Economic Times

Jakson Group to invest Rs 700 crore to set up new solar plant

At a time when most domestic solar manufacturers are struggling with idle capacity in the face of cheap solar cells and modules being imported from China, Noida-based Jakson Group is setting up a greenfield solar plant in a seemingly contrarian decision. 

It is investing Rs 650-700 crore in a new plant in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years... Read more..

Source: The Economic Times

CREST moves electricity regulator against action on gross metering

Unhappy with the decision of the Chandigarh electricity department to stop connections on gross metering, Chandigarh Renewal Energy and Science & Technology Promotion Society (CREST) has filed a petition with the Joint Electricity Regulatory Commission (JERC), seeking direction to the department for resumption of gross metering connections.

Chandigarh has been selected by the Union government to be... Read more..

Source: The Economic Times

Schneider Electric launches Energy Efficient Products For residential Market

 

Schneider Electric is a global leader in energy management and automation with a revenue of around 26 billion euro in the financial year 2016 and 1,40,000 employees in over 100 countries.

"India is a strategic market for us. We are launching today two products -- Automatic Power Factor Corrector (APFC) panels and Automatic Harmonic Filter (AHF). The two products will help in energy saving up to 30... Read more..

Source: The Economic Times

Mercedes Benz seeks sops to aid India's electric car ride

Folger, the Mercedes Benz Managing Director for India, said globally the German automaker is heavily investing in technology for electric mobility and if adequate support is extended, these vehicles may make their way to India by 2020.

“We would love to bring in electric vehicles, it mirrors our overall strategy but it’s a catch 22 situation all over the industry. You need to reach a certain minimum amount... Read more..

Source: The Economic Times

India launches first R&D facility for high-end fuels, gas

India has launched its first petroleum Research & Development (R&D) facility for testing high-end BS-VI quality fuel emissions, according to an official here. 

Operated by state-run Indian Oil Corp (IOC), the R&D facility is designed to test all types of fuel including petrol, diesel, ethanol-blended petrol, bio-diesel, CNG, LNG, hydrogen-CNG and 2G-ethanol blends to ensure they meet the superior... Read more..

Source: The Economic Times

Centre to notify guidelines for renewable power procurement: Haryana government

The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power through competitive bidding would be notified shortly by the Centre, the Haryana government said today.

Till then, projects may be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff, a... Read more..

Source: The Economic Times

Finland’s Taaleri looking to buy solar power projects in India

 Attracted by the opportunities in India’s solar energy space, Finland’s Taaleri Plc is evaluating assets for acquisition here.

This interest by the Nasdaq Helsinki-listed firm is reflective of the trend wherein overseas firms have led the race on aggressive tariffs to secure renewable energy project contracts in India. Taaleri Solar Wind fund is Finland’s first equity fund to invest in overseas green energy... Read more..

Source: Live Mint

Dubai sets sights on India to achieve its green energy goals

With a roadmap to harness 75% of its energy needs from renewable sources by 2050, Dubai is reaching out to investors, consultants, equipment suppliers and developers in India, which has emerged as one of the top leading solar markets in the world.

In a three-city road show in India that included Jaipur besides Delhi and Mumbai, Dubai Electricity and Water Authority (DEWA), the public service infrastructure... Read more..

Source: Times of India

Japan's low-carbon hydrogen technology to protect environment

Japan's Yokohama city will participate in a trial project that demonstrates the building of a low-carbon hydrogen supply chain model using renewable energy in the Tokyo and Yokohama coastal region.

The project will use electricity generated from the Hama Wing wind power plant near the center of Yokohama to create hydrogen.

... Read more..

Source: The Economic Times

Environment ministry approves projects seeking to address climate change

The environment ministry today approved projects aimed at addressing the vulnerabilities arising out of climate change in Rajasthan, Gujarat and Sikkim.

The National Steering Committee on Climate Change (NSCCC), at a meeting, approved three Detailed Project Reports (DPRs) submitted by the states for fundings under the National Adaptation Fund for Climate Change (NAFCC).

... Read more..

Source: India Today

Ghaziabad Municipal Corporation plans to make power from civic waste

The GMC has a green plan for the tonnes of civic waste generated in the city every day.

The corporation plans to produce electricity from the waste in a waste-to-energy plant on a newly acquired 18-acre plot of land in Galand in the city’s first solid waste management plant. According to Ghaziabad municipal commissioner C P Singh, an expression of interest has been invited for the waste-to-energy plant.... Read more..

Source: The Economic Times

Indian builders pledge "green" homes in race to meet climate goals

(Thomson Reuters Foundation) - India's top builders have pledged to make at least a fifth of their new housing developments sustainable by 2022, as the country looks to tap sectors other than renewable energy to meet its ambitious climate goals. 

The campaign is led by the Sustainable Housing Leadership Consortium (SHLC) comprising builders Godrej Properties, Mahindra Lifespaces, Shapoorji Pallonji, Tata... Read more..

Source: The Economic Times

Petrol, diesel vehicles have been banned within 500 metre of Taj Mahal: Union minister

The Taj Trapezium Zone (TTZ) Authority has banned petrol and diesel vehicles within 500 metre of Taj Mahal, the government said in the Lok Sabha on Tuesday. 

In a written reply, Union Environment Minister Harsh Vardhan said a study had found that the white marble of the historic monument was turning yellow due to carbon pollution. 

... Read more..

Source: The Economic Times

India’s Mizoram targets 80MW under solar power policy

The far eastern Indian state of Mizoram has adopted its own solar power policy targeting 80MW of solar deployment by 2021/22.

The ‘Solar Power Policy of Mizoram 2017’ noted that cooler temperatures, due to the state’s natural breeze, are highly conducive to setting up solar PV projects in the state. National Institute of Solar Energy (NISE) has estimated the state’s potential for solar energy to be at around... Read more..

Source: PV TECH

IIT-Madras launches second phase of 'Carbon Zero Challenge' to identify innovative solutions to India’s energy problems

The second phase of the ‘Carbon Zero Challenge’ was recently launched at Indian Institute of Technology Madras. Personalities from academia, venture capitalists and entrepreneurs took part in the event.

The Carbon Zero Challenge is a pioneering initiative by the IIT-Madras and Industrial Waste Management Association (IWMA), in collaboration with the U S Consulate General Chennai, Polaris - A Virtusa Company... Read more..

Source: The New Indian Express

Low solar tariffs to cancel two tenders

The steep fall in solar tariffs may have delighted discoms and other power consumers, but it is also having unintended consequences. Last week, it forced the Solar Energy Corporation of India (SECI) to cancel two tenders it had announced last year which were to include storage capacity for the first time in India.

One disadvantage of both solar and wind power is their ‘erratic’ or ‘infirm’ nature — they are... Read more..

Source: The Economic Times

IFC plans $6 billion investment in India

International Finance Corporation (IFC), a World Bank Group member, is planning to invest up to $6 billion in India over the next five years to support initiatives in renewable energy and green buildings, said a top official of the institution.

“We have already invested over $2 billion in green buildings initiatives in India since 2005. Over the next five years until 2022, we will be investing $5 billion to... Read more..

Source: The Economic Times

Ashok Leyland announces strategic partnership with Sun Mobility for electric mobility

 Ashok Leyland, the Chennai-headquartered flagship company of the Hinduja Group, today announced it has launched a strategic alliance for electric mobility solutions with SUN Mobility, promoted by Chetan Maini, founder of Reva and Uday Khemka, Vice Chairman of the SUN Group.

“This global partnership between Ashok Leyland and SUN Mobility will leverage India’s innovation and engineering potential to develop... Read more..

Source: The Economic Times

ReNew eyes Orange's portfolio in $950 million deal to bulk up before IPO

Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, according to multiple officials in the know.

Renew has already submitted a non binding offer and is... Read more..

Source: The Economic Times

Tata Power to invest $90 million in renewable energy arm TPREL

Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop its immediate pipeline of 320 megawatts (MW) of solar assets, two people aware of the development said.

TPREL currently owns around 2 gigawatts (GW) of solar and wind assets, including the assets that it acquired... Read more..

Source: Live Mint

Engie in talks with Equis Energy to acquire green energy assets in India

French energy company Engie is in talks with Singapore-based renewable energy developer Equis Energy to acquire projects from its India portfolio comprising green energy platforms Energon and Energon Soleq, two people with knowledge of the matter said.

“Engie is looking to acquire selective assets of Equis Energy,” said one of the persons cited above requesting anonymity.

... Read more..

Source: Live Mint

Solar cells & modules: China firms’ plan to make in India drags, but exports rise

Over last three years, more than a dozen Chinese companies announced plans to establish solar cell and module manufacturing facilities in India. Till date, however, not a single Chinese company has established a manufacturing plant in India, even though their exports to India from their facilities in mainland China have been increasing rapidly.

The companies that had announced plans to establish... Read more..

Source: The Indian Express

Soon, Nagpur High Court building to shift to green energy

In a first of its kind move in the country, the Nagpur bench of Bombay high court, responding to the growing calls of reducing pollution and using green energy, has decided to shift to solar energy. This was announced by District Mineral Fundations (DMFs) member Anik Kilor on Monday.

The DMFs, which are formed in every district as per Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY), will sanction the... Read more..

Source: The Economic Times