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Sustainability Outlook Headlines

Himachal Pradesh mulls floating solar plants in reservoirs

After Kerala and Chandigarh, Himachal Pradesh too is mulling to harness clean energy via floating solar plants in reservoirs and dams across the state.

Having two major reservoirs including Govind Sagar Dam (which is the third biggest reservoir in India) and Maharana Pratap Sagar or Pong Dam, the proposed plan could yield desired results for the government.

... Read more..

Source: The Statesman

Telangana inks MoU with ISE Foods, Clean Authority of Tokyo for solid waste management

Telangana has signed a memorandum of understanding with the Clean Authority of Tokyo on Friday for solid waste management. The two sides will exchange expertise and build technical cooperation in waste management.

Jayesh Ranjan, Principal Secretary, Industries & Commerce (I&C), Telangana and Yoshimi Sato, Vice-President, Clean Authority of Tokyo, signed the MoU.

... Read more..

Source: Business Line

Waste-to-power project in the offing at Nakodar in Punjab

The state is all set to have its first “waste to power” project by March this year at the Sugarfed plant in Nakodar. The decision in this regard was taken at a meeting under the Chief Secretary Karan Avtar Singh on the orders of the National Green Tribunal (NGT).

Punjab Municipal Infrastructure Development Company (PMIDC) chairman Ajoy Sharma said, “Refuse-derived fuel (RDF) energy plants were under... Read more..

Source: The Tribune

VF Corporation Announces New Sustainability & Responsibility Strategy to Guide Transformative Changes and Create Business Value

VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, today announced its new global sustainability and responsibility strategy, Made for Change. The strategy was communicated in conjunction with VF’s Sustainability and Responsibility Performance Report.

Made for Change outlines VF’s aspirations for advancing environmental and social improvements across its business,... Read more..

Source: VF Corporation

Applied DNA to introduce 'GeoTyping' for cotton tracking

Applied DNA Sciences will introduce 'GeoTyping' Beta program, helping brands and retailers in identifying country-of-origin in cases of cotton substitution. This is an expansion of Applied DNA's SigNature T cotton traceability system, enabling the identification of the origin for cotton that may be replaced for the cotton specified on labels.

The GeoTyping program will use a known library of biomarkers that... Read more..

Source: Fibre2Fashion

$350-million solar development fund in the works: Raj Kumar Singh

India is setting up a $350-million solar development fund to support financing of solar projects, minister of state for new and renewable energy Raj Kumar Singh said. 

Delivering the keynote address at the International Solar Alliance (ISA) Forum in Abu Dhabi on Wednesday, the minister said the cost of renewable energy has fallen steeply over the years and it was set to replace conventional energy. ... Read more..

Source: The Economic Times

Canada’s CDPQ eyes stake in CLP India

Canada’s second largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is looking to acquire a stake in CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, said two people aware of the development.

CDPQ’s interest in the Indian subsidiary of Hong Kong Stock Exchange-listed CLP Holdings Ltd comes in the backdrop of a few Indian clean energy firms offering scale.... Read more..

Source: livemint

Chinese conglomerate to set up mega solar manufacturing plant in Andhra Pradesh

CETC Renewable Energy Technology Company, an ancillary of China Electronics Technology Group, will set up a mega solar manufacturing plant in Andhra Pradesh with an investment of $50 million, it was announced on Thursday.

It has signed an MoU in this regard with the Andhra Pradesh Economic Development Board (APEDB).

... Read more..

Source: ET Energyworld

2017 'warmest year without El Niño'

Manmade climate change is now dwarfing the influence of natural trends on the climate, scientists say.

Last year was the second or third hottest year on record - after 2016 and on a par with 2015, the data shows.

But those two years were affected by El Niño - the natural phenomenon centred on the tropical... Read more..

Source: BBC
Subject Tags: climate change

BSVI norms: India revises standards specifications for petrol and diesel

Bureau of Indian Standards (BIS), India's specifications and standards regulatory body, announced it has revised the standards on petrol and diesel as per Bharat Stage (BS) VI fuel norms from the earlier BS IV emission norms.

"BIS has revised the Indian Standards on Petrol (IS 2796) and Diesel (IS 1460) as per BS VI fuel norms. So far, these standards covered fuel requirements based on emission norms up to... Read more..

Source: ET Energyworld

YES Bank to raise $1 b to fund solar energy projects

YES Bank on Wednesday said it will mobilise $1 billion till 2023 and $5 billion till 2030 towards financing solar energy projects in India.

The private sector bank made this announcement at the International Solar Alliance (ISA) conference organised at the World Future Energy Summit 2018 in Abu Dhabi.

As... Read more..

Source: Business Line

Dow introduces recyclable polyethylene packaging solution in India

Dow Packaging and Specialty Plastics (P&SP) has introduced a fully recyclable polyethylene packaging solution in India.

The company has developed an advanced formulation of polyethylene (PE) resins to produce sustainable all PE laminate solution with flexible packaging applications.

Currently used... Read more..

Source: Packaging BR

BEE-IIP sign pact to support industry enhance energy efficiency

Extending support to the industry in their effort for enhancing energy efficiency through the Knowledge Exchange Platform Initiative, a Memorandum of Understanding (MoU) has been signed between Bureau of Energy Efficiency (BEE) and Institute for Industrial Productivity (IIP).

The MOU was signed by Abhay Bakre, Director General on behalf of BEE and Somnath Bhattacharjee, Director on behalf of IIP.... Read more..

Source: KNN India

Trump says solar tariff decision coming soon, stakes huge for industry

U.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, "Everybody goes out of business."

The solar industry is anxiously awaiting the decision, which will have wide-reaching implications for the sector. Domestic panel producers opposed to cheap imports... Read more..

Source: ET Energyworld

Bengaluru-based company working on transforming sewage into biodiesel

The Karnataka State Biofuel Development Board is closely monitoring the pilot.
The fat and oil substances that enter some of Bengaluru's lakes through the city's broken sewage system may transform into biodiesel if a pilot project taken up at the Bellandur lake pays off. 

The Bangalore Water Supply & Sewerage Board (BWSSB) has permitted Eco Green Fuels, a private firm, to see if it can convert... Read more..

Source: The Economic Times
Subject Tags: bio-diesel, innovation, Research

Eleven railway stations to sport rooftop solar plants

As part of the Southern Railway’s initiative to go green and save on electricity costs by producing 4 MW of solar power, rooftop solar plants will be installed at 11 stations in Palakkad and Thiruvananthapuram railway divisions.

“As far as the Railways is concerned, it is a win-win situation,” said G Suryanarayana, divisional electrical engineer (general services) Palakkad division. “Currently, the Railways... Read more..

Source: New Indian Express

IFC looks to invest $150 mn in Aditya Birla Finance via green bonds

International Finance Corporation, the private-sector investment arm of the World Bank, is looking to invest up to $150 million (Rs 958 crore) in Aditya Birla Finance Ltd to fund renewable energy projects.

IFC proposes to invest the capital through rupee external commercial borrowing which would be the first dedicated climate finance funding for ABFL, IFC said in a disclosure.

... Read more..

Source: VCCircle

International Solar Alliance (ISA) signs $5 billion finance deal

The International Solar Alliance (ISA) has signed letters of intent for $5 billion worth of financing and the initiation of development of nine solar projects across five countries.

The ISA signed the financing commitment by Yes Bank, India's fifth largest private sector bank and leader in renewable energy financing, on Wednesday on the fourth day of the Abu Dhabi Sustainability Week.

... Read more..

Source: Khaleej Times

India will need at least $125 billion to fund renewables dream: government official

India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country’s grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead.

The South Asian nation is one of the world’s most important growth markets for renewable energy. Millions of Indians are not yet linked up to the power grid but as the country... Read more..

Source: REUTERS

70 per cent safeguard duty on solar will put Rs 12,000 crore projects at risk: CRISIL

Levying 70 per cent provisional safeguard duty on imported solar panels and modules from China and Malaysia, as recommended by the Directorate General of Safeguards, will put solar power projects of around 3,000 Megawatt capacity worth over Rs 12,000 crore at risk, research and ratings agency CRISIL said. 

India auctioned around 4,000 Mw of solar projects last year (2017) which are currently under... Read more..

Source: ET Energyworld

Sembcorp Industries planning IPO for India unit to raise $500-600 million

Singapore-based utility group Sembcorp Industries is gearing up to file for an initial public offering (IPO) of its Indian arm which could see the company raise around $500-600 million (about Rs3,200-3,800 crore), two people aware of the development said.

Sembcorp’s Indian arm comprises thermal and renewable power assets. “Sembcorp India is expected to file its draft IPO prospectus with Securities and... Read more..

Source: livemint

Ashok Leyland signs LoI with Phinergy to meet energy requirements of EV commercial vehicles

Flagship of the Hinduja Group, Ashok Leyland, on Wednesday took the next step to secure long-term arrangements for its EV commercial vehicles by signing a Letter of Intent (LoI) with Phinergy of Israel.

With the intention of providing varying energy management solutions to the customers, Ashok Leyland and Phinergy will work towards the adaptation of unique, competitive, and sustainable solutions for high-... Read more..

Source: Outlook India

NGT: Deny clearance to thermal plants till they comply with standards

The National Green Tribunal on Wednesday directed the Ministry of Environment and Forests (MoEF) and state environment impact assessment authorities to “not grant any new environment clearances” to new thermal power plants until they comply with the standards set by the ministry.

The MoEF had on December 7, 2015 issued a notification revising the standards for coal-based thermal power plants across the... Read more..

Source: Indian Express

Government seeks tech solutions for waste management

The government is seeking technological solutions for managing the huge untreated waste across the country which is not only leading to poor sanitary conditions but also damaging the environment.

Around 62 million tonnes (mt) of solid waste is generated in India every year but only 43 mt is collected and a mere 12 mt treated. Similarly, about 15,000 tonnes of plastic waste is generated everyday but of that,... Read more..

Source: livemint
Subject Tags: waste, waste management

Bharat Forge sets up R&D facility for Electric Vehicles in Britain

Pune-based auto components major Bharat Forge has opened an R&D facility in Britain for developing components and sub-systems focused on e-vehicles. 

The Electric Mobility R&D centre will be able to tap into the extensive testing facilities at the Mira Technology Park as well as the pool of engineering talents in the British Midlands, a release said. 

... Read more..

Source: ET Energyworld