Sustainability Outlook Headlines

Enphase Energy and Waree announce partnership for smart solar modules

Enphase Energy, a global energy technology company and supplier of solar microinverters, today announced it has partnered with Mumbai-based solar panel manufacturer Waaree Energies Ltd to produce AC solar modules (ACMs) for the Indian market.

As part of the partnership, Waaree will offer its monocrystalline solar PV modules with Enphase Microinverters attached to the back of Waaree’s modules. This is the... Read more..

India will stick to plan of having 100% electric mobility by 2030: Nitin Gadkari

India will stick to its plan of having 100% electric mobility by 2030, road transport and highways minister Nitin Gadkari said.

Gadkari said he cleared the electric vehicle policy on Wednesday.

“Now NITI Aayog will send it to the cabinet in a couple of weeks (for its approval)," he added.... Read more..

Nike unveils Flyleather: a sustainable leather material made with 50 percent recycled leather fiber

Putting sustainability at the heart of the fashion industry is no easy feat, but key players across the value chain continue to demonstrate that they’re up to the task.

Building on the success of its Flyknit process, which allows synthetic yarn to be woven into practically seamless shoe uppers, Nike has unveiled its latest sartorial innovation: Flyleather — a sustainable leather material made with 50 percent... Read more..

Record $56 Billion Green Bonds Issuance Witnessed In H1 2017

The global green bonds market has scored yet another record issuance during the first half of 2017. A record $56 billion was issued during the first six months of the year while the second quarter saw issuance of $30 billion, the Climate Bonds Initiative reported.

According to the data released by the Climate Bonds Initiative, green bond transactions constituted 3% of the total bond transactions globally... Read more..

NTPC to focus on clean energy, Electric Vehicle charging infrastructure

State-run power giant NTPC will add 32 GW of clean energy by 2032, in addition to its plan to create 15 GW of solar capacity under National Solar Mission, a top company official said today. 

The power giant is also creating electric vehicle charging infrastructure in the country. 

NTPC has been a... Read more..

CleanMax Solar commissions 1.5 MW rooftop solar project at IIT (BHU)

Solar power developer CleanMax Solar has commissioned a 1.5 Mega Watt roof-top solar project at Indian Institute of Technology (IIT), Varanasi, the company said in a release on Wednesday. The installation will help the premier institute meet 30 per cent of its power needs and will help it save around Rs 28 lakh per annum. 

The company will provide solar power to IIT-BHU at tariffs that are cheaper than grid... Read more..

India records highest-ever renewable energy generation

The month of June 2017 will go down in the history of India’s energy sector as the period when the nation recorded the highest monthly power generation from renewable energy sources, reinforcing hopes the country is on track to meet its ambitious green energy targets.

India generated 10.2 Billion Units (BUs) of electricity in June from green energy sources including solar, wind, biomass and small hydro -- 26... Read more..

Two Indian renewable power producers plan to sell $750 million in domestic bonds: sources

Two of India's biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pte Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday.

The pair turned to the domestic market after the central bank introduced limits on selling rupee-denominated bonds overseas, known as masala bonds, said the bankers, who... Read more..

SoftBank Vision Fund, Sun Mobility in talks for $100 million investment

SoftBank Vision Fund, the $100 billion technology investment fund of Japan’s SoftBank Group, is in early talks to invest as much as $100 million in Reva Electric founder Chetan Maini’s latest venture Sun Mobility, said two people aware of the development.

Sun Mobility is a joint venture between Chetan Maini’s Virya Mobility 5.0 and Khemka family’s Sun Group, which has investments across sectors such as... Read more..

New type of washable solar cell developed

Scientists have developed a new type of water-proof solar cell which can provide electricity even after being soaked in water or stretched and compressed.

The finding could open the way for wearable solar cells, which will provide power to devices such as health monitors incorporated into clothing, researchers said.
These could include sensors that record heartbeats and body temperature, for example,... Read more..

Energy firms back European Union plan for CO2 cap on power subsidies

A group of energy firms has backed a disputed plan by EU regulators to attach emissions limits to subsidies for providing back-up power capacity to avert blackouts.

The proposal by the European Commission, which would set a cap of 550 grammes of carbon dioxide per kilowatt-hour for new power stations, ruling out less-efficient coal and gas-fired plants, has been fiercely contested by Poland and some other EU... Read more..

All Indian Villages to have Electricity by Next Month: Union Minister

First time since becoming the Central Minister of State for Energy, Bharatiya Janata Party (BJP) leader R K Singh arrived in Patna on Monday where he was given a warm welcome by the state leaders, including party state President Nityanand Rai.

Speaking on the occasion, Singh said that by the end of next month, every single village in India would have electricity.

... Read more..