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Sustainability Outlook Headlines

Developers, Jharkhand Government resolve solar power pricing deadlock

Solar developers and the Jharkhand government have resolved an 18-month long deadlock over the price of solar power, with the developers agreeing to a reduced tariff of Rs 4.95 per kwH. 

The problem arose after the Jharkhand Renewable Energy Development Agency (JREDA) held a mega auction of 1,200 MW in March 2016 to set up solar projects at 45 different areas across the state. Winning bids ranged from Rs 5.... Read more..

Source: The Economic Times

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..

Source: ET Energyworld

France’s Engie SA, Dubai’s Abraaj to set up wind power platform in India

French energy firm Engie SA and Dubai’s private equity firm Abraaj Group on Wednesday announced a partnership to build a wind power platform in India.

“Together, Abraaj and Engie have identified a robust pipeline of wind power projects representing over 1 GW (gigawatt) in several key states,” the companies said in a joint statement.

... Read more..

Source: livemint

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..

Source: ET Energyworld

Isro-Nasa joint team confirms presence of aerosol over Asia

A joint study by the Indian Space Research Organisation (Isro) and National Aeronautics and Space Administration (Nasa) of the US, which had commenced after satellite images showed the presence of an aerosol layer over the Asia region, has confirmed the same and has also found the presence of nitrate, which is a new finding.

Aerosol, the sub-micron size particles suspended in air are produced from a variety... Read more..

Source: The Times of India

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..

Source: Sustainable Brands

Hindustan Coca-Cola to source 40 per cent of power from clean energy

Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola India, has set a target to source 40 per cent of its energy requirements using renewable and clean energy fuel, before the end of 2018 and has begun sourcing solar power from a private firm and compressed natural gas from public-sector gas major GAIL to fire its two boilers at two production units in Karnataka.

The move, according to the... Read more..

Source: The New Indian Express

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..

Source: Clean Technica

Offshore wind, hydro projects may get green energy tag

India doesn’t have any offshore wind projects currently.
The government plans to bring offshore wind energy and large hydro-electricity projects under the ambit of renewable energy, which will scale up the target of 175 gigawatts of green power capacity by 2022. 

“Today, we are contemplating bringing large hydro also under the definition of renewable power. We are also contemplating to exploit our... Read more..

Source: The Economic Times

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..

Source: The Economic Times

Household Waste To Jet Fuels — British Airways Partners With Velocys

British Airways is partnering with the renewables fuels firm Velocys on a new program that will see household waste converted into jet fuel at a number of specially designed waste processing facilities, according to a press release on the matter.

This “renewable” jet fuel will then be used by the British Airways fleet of commercial aircraft. The program is intended to help the company become more “... Read more..

Source: Clean Technica

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..

Source: ET Energyworld

Delhi High Court approves draft bye-laws on waste disposal

A clutch of draft bye-laws on sanitary waste disposal in the Capital was approved by the Delhi High Court on Tuesday (September 19). It asked the Delhi government to place the bye-laws before the Lieutenant Governor so that they can be officially notified, urgently. Local authorities and environment experts had come up with the bye-laws after the High Court order.

The Court was hearing the case again related... Read more..

Source: India Legal

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..

Source: ET Energyworld

Gujarat solar auction sees winning tariff of Rs 2.65/unit

A reverse auction of 500 MW of solar projects held by the Gujarat government on Tuesday saw the lowest winning bid at Rs 2.65 per kwH. This was the first solar auction held after the two conducted by Solar Corporation of India in May, when one of the winning bidders had promised to sell power at a record low of Rs 2.44 per kwH. 

The auctions in May were held for projects at the Bhadla Solar Park in Rajasthan... Read more..

Source: The Economic Times

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..

Source: ET Energyworld

Let states’ green power purchase quota be the floor: Karnataka to Centre

Karnataka has written to the central government suggesting that the quota of renewable energy states are mandated to buy should be considered as the minimum requirement, a move that may encourage greater use of alternative sources of power. All states have set themselves renewable purchase obligation (RPO) targets, ranging from 5% to 10% of the power they consume annually, to be acquired from sources such as solar and wind energy projects. 

... Read more..

Source: The Economic Times

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..

Source: livemint

Scrap mandatory approval from power-telecom panel: Solar companies

Solar developers have petitioned the Ministry of Power, pointing out that setting up projects within the timelines set for them would be a lot easier if they were not mandatorily required to seek consent from one of the ministry’s arms, the Power and Telecom Coordination Committee (PTCC). 

Deadlines for starting commercial operations of solar projects vary between 12 and 18 months from the signing of the... Read more..

Source: The Economic Times

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..

Source: The Times of India

Solar clothes to power your devices

Scientists, according to work published in the Nature Energy science journal, say they have developed a new type of ultra-thin photovoltaic device, coated on both sides with stretchable and waterproof films, which can continue to provide electricity from sunlight even after being soaked in water or being stretched and compressed. The scientists from the Japan-based research institute RIKEN and the University of Tokyo, according to an 18 September press release, have developed extremely thin and flexible... Read more..

Source: livemint

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..

Source: ET Energyworld

GCL, MYSUN collaborate to launch high quality solar kits for Indian homes

MYSUN, an end-to-end solar solutions provider and GCL System Integration Technology Co. Ltd., a group company of Golden Concord Holdings Ltd., Hong Kong, on Tuesday announced a strategic partnership, facilitating the launch of 'GCL G-Home rooftop solar kits tailor-made for the Indian market.

The companies plan to transform the way solar systems are bought and sold today through a combination of high quality... Read more..

Source: Outlook

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..

Source: Patna Daily

Renewables player Mytrah raises Rs 1,800 crore from Piramal

Hyderabad-based renewable energy entity Mytrah has announced raising Rs 1,800 crore from Piramal group’s financial services companies in the form of non-convertible debentures (NCDs). These NCDs, with a 7-year tenor, will go into Mytrah group entities — Rs 980 crore into Mytrah Energy (India) and Rs 820 crore into Mytrah Ujjwal Power. 

In a statement, Mytrah said the funds will be used to take out existing... Read more..

Source: The Economic Times