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Sustainability Outlook Headlines

Danish wind energy sets new record in 2017

Wind power accounted for a record high of 43.4 per cent of the total electricity consumption in Denmark in 2017, according to official data released on Thursday.

The new record surpasses the previous 2015 record of 42 per cent, keeping Denmark on track to reach its target of having 50 per cent of all electricity produced by wind power by 2020, figures from Danish Ministry of Energy, Utilities and Climate... Read more..

Source: ET Energyworld

World's largest solar thermal power plant to be built in South Australia

The world's largest solar-thermal power plant has been given development approval by the South Australian government, the media reported.

Construction on the 150-megawatt Aurora plant, to be built by utility-scale solar power company SolarReserve, will begin in 2018 at an estimated cost of $509 million, Xinhua news agency reported on Thursday.

... Read more..

Source: ET Energyworld

IFC set to invest Rs 2,800 crore in Madhya Pradesh Solar park

In one of the biggest deals in the renewable energy space, International Finance Corporation (IFC), part of World Bank group, is close to investing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar Park in Madhya Pradesh.

The investment will be in the form of debt in three companies -- Mahindra Renewables, Acme and Actis -- that are setting up units in the solar park, a person close to IFC told ET. The... Read more..

Source: ET Energyworld

Uttar Pradesh tenders for 1GW of solar, SECI postpones 2GW pan-India RfP

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a Request for Proposal (RfP) for 1GW of grid-connected solar projects.

The capacity will be awarded via tariff-based, competitive bidding. Power will be sold to state Discom UP Power Corporation Limited (UPPCL) under 25-year PPAs at a fixed tariff. The minimum project capacity will be 5MW and the maximum will be 1GW.... Read more..

Source: PV-Tech

Local solar manufacturers differ on safeguard duty suggestion

Indian solar manufacturers are divided in their reactions to the Directorate General of Safeguards’ recommendation of imposing provisional 70% safeguard duty on the import of solar cells for 200 days. While a section of Indian solar manufacturers welcome the proposal, some say that the levy will badly impact solar manufacturers operating out of Special Economic Zones (SEZ) across India.
Hitesh Doshi, chairman and managing director, Waaree Group, one of India’s largest solar module manufacturers which... Read more..

Source: Financial Express

UP to adopt Gujarat canal solar panel project to generate power

Taking a leaf out of Gujarat's book on generating solar power using water canals, the UP government has decided to utilize its canals for this as well. It also plans to set up micro hydel plants across canals to generate electricity.

The government has issued a letter of interest in this regard inviting private players to execute their plan on public-private partnership model. Principal secretary of... Read more..

Source: ET Energyworld

Punjab Energy Development Agency urges people to use renewable sources

Keeping in view increasing environmental concerns, the district administration has appealed everyone to adopt renewable sources of energy to meet their energy demands.

The Deputy Commissioner Pradeep Agarwal said this in context of 240 biogas plants which were to set up in the district in the last calendar year through Punjab Energy Development Agency (PEDA).

... Read more..

Source: The Tribune

55 of 77 coal plants in Maharashtra flouting pollution norms

Coal-fired power plants in the state will continue to be a major source of pollution, as 55 of 77 units in the state have failed to takes steps to curb toxic emissions from sulphur dioxide (SO2), nitrogen oxide (NOx), and particulate matter (PM), revealed an analysis by Greenpeace, a non-governmental organisation (NGO).

With thermal power plants rated as the biggest source of SO2 emissions in India, only... Read more..

Source: Hindustan Times

India mulls 70 per cent safegaurd duty on solar equipment imports

India has proposed to levy a 70 per cent safeguard duty on import of solar power equipment from countries like China for 200 days to protect domestic industry from "serious injury".

The Directorate General of Safeguards in a January 5 recommendation to the finance ministry said solar cells are "being imported into India in such increased quantities and under such conditions so as to cause or threaten to... Read more..

Source: ET Energyworld

Niti Aayog will frame electric vehicles policy, ministries will implement

The government's think-tank, Niti Aayog, will frame the policy for electric vehicles while all concerned ministries will implement them, the Cabinet secretary chaired meeting decided on Monday, ending the turf war among different entities.

Sources said the programme will be headed by a mission director and Niti Aayog will act as coordinator.

... Read more..

Source: ET Energyworld

NTPC forced to cancel 250 Megawatt October 2017 solar auction

NTPC Ltd has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff of Rs 3.14 per unit.

The auction was held under the domestic content requirement (DCR) category, where the winning developer has to mandatorily source solar panels and modules from local manufacturers. It had to be cancelled because it would have fallen foul of... Read more..

Source: ET Energyworld

Government may amend power act to levy hefty penalties on discoms

The government is working on amendments to the Electricity Act to levy hefty penalties on power distribution companies for load shedding and make provisions for direct subsidy transfers by states to power consumers. 

The Union power ministry is aiming to introduce the Electricity Act amendment bill in the budget session of parliament. At present, the Act fixes universal service obligation on distribution... Read more..

Source: ET Energyworld

EESL plans pan-India rollout of 9,500 electric vehicles this year

State-run Energy Efficiency Services (EESL) is trying to rope in more states and make a pan-India roll out of 9,500 electric vehicles this year, as the first 500 cars are ready to be delivered in Delhi next week.

EESL in August last year floated a tender for 10,000 electric cars. The first part of this tender required 500 vehicles to be rolled out, while the remaining are to be delivered in the second phase... Read more..

Source: ET Energyworld

Solar energy systems maker Orb Energy gets Rs 95 cr from FMO and Others

Solar energy systems maker Orb Energy has raised over Rs 95 crore ($15 million) in a part-equity and part-debt round from the Dutch development bank FMO, self-sustaining US government agency Overseas Private Investment Corporation (OPIC), African finance institution Pamiga and Germany's development finance institution DEG.

With this, the total capital raised by the company stands at $26 million. With over $... Read more..

Source: ET Energyworld

Electricity tariffs may go up by 11 paise per unit: ICRA

Electricity tariffs may go up by 11 paise per unit due to an increase in coal prices by state-owned Coal India Ltd (CIL), rating agency ICRA said on Tuesday.

This expected increase in power tariffs is fuelled by CIL revising coal prices by around 15-18% effective from Tuesday midnight.

“This along with the... Read more..

Source: livemint

ReNew Power raises Rs 2,235 cr from NCD

ReNew Power has raised Rs 2,235 crore through a non-convertible debenture (NCD) issue which will be utilised for repaying its existing loans and business expansion.

The issue had two parts with the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies valued at Rs 1,475 crore, the company said in a... Read more..

Source: The Times of India

CollectiveSun, EnergySage join hands to simplify solar financing

CollectiveSun, a company dedicated to helping nonprofits and tax exempt organizations fund solar projects, in partnership with EnergySage, an online comparison-shopping marketplace for solar, to make solar financing easier for clients.

Traditionally the customers faced several challenges in financing their solar panel installations and in locating high quality, pre-screened solar installers. The partnership... Read more..

Source: Greentech Lead

India rejects US solar claim at WTO, explores new defence

Renewable energy has become an area of severe trade friction as major economies compete to dominate a sector that is expected to thrive as reliance on coal and oil dwindles.
India hit back on Monday at Washington's latest legal assault on its solar power policies at the World Trade Organization, rejecting a U.S. legal claim and exploring possible new protection of India's own solar industry. 

Last... Read more..

Source: The Economic Times
Subject Tags: India, Solar Power Policies, USA, WTO

Solar power tariff bottoms out, may not have free fall in 2018

Solar power tariff fall seems to have bottomed out and may not drop beyond an all-time low of Rs 2.44 per unit in absence of well structured bids and rising solar panel prices on demand pressure. 

The solar power tariff fell to an all-time low of Rs 2.44 per unit in May last year during an auction for 500 MW capacities at Bhadla (IV) in Rajasthan. It had the viability gap funding component, as per the... Read more..

Source: ET Energyworld
Subject Tags: India, MNRE, NTPC, PwC, solar power

Waste composting machine set up at Walmart store

A waste composting machine, with a capacity to handle 50 kg of waste per day, was inaugurated on Monday at the Walmart India’s Best Price Modern Wholesale Store in the city.

It is the first store to become part of the company’s Bio-degradable Waste Management Project. The machine would be able to manage the bio-waste generated at the store. Similar facilities were to be installed at the all Best Price Stores... Read more..

Source: The Hindu

NGT wants action plan for waste disposal in Bareilly

Tribunal asks Bareilly municipal corporation to provide details
The National Green Tribunal (NGT) has directed the Bareilly Nagar Nigam to identify and acquire land for setting up municipal solid waste processing plants.

A Bench headed by NGT acting chairperson U.D. Salvi said, “We direct the Bareilly Municipal Corporation to place before us the complete time-bound action plan for handling of municipal... Read more..

Source: The Hindu

HDFC ERGO Offers Solar Energy Shortfall Insurance

HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet the projected levels.

The Ministry of New and Renewable Energy has proposed SRISTI — Sustainable Rooftop Implementation for Solar Transfiguration of India — the scheme to incentivise the installation of roof top solar projects in India... Read more..

Source: Sustainability Next

For carbon sink target, India looks at catchment area plan

Having committed a target of creating an additional carbon sink the equivalent of 2.5 billion to 3 billion tonnes carbon dioxide by 2030, India now anticipates that it might not be able to meet that through forests alone. It is now looking at the soil of catchment areas as an additional alternative; the Ministry of Environment and Forest is working on a landscape-based catchment treatment plan to bridge the gap.

... Read more..

Source: Indian Express

India Reduced Energy Subsidies by over $15Bn in Three Years

The central government reduced its energy subsidies – financial benefits provided to boost energy production and consumption – by over Rs 82,000 crore ($15 billion) between 2013-14 and 2015-16, a drop of 38 percent.

During the same period, carbon-emitter fossil fuels such as coal, oil and gas remained the largest beneficiaries. While subsidies to renewables increased by over Rs 6,700 crore ($1.05 billion),... Read more..

Source: The Quint

BSES launches rooftop solar single-point for apartment complexes

In an initiative to promote clean energy, BSES, one of Delhi's two electricity distribution companies (discoms), on Sunday launched the country's first solar rooftop consumer aggregation programme for residential buildings to provide the installations at a single point for the entire apartment complex.

The sister discom BSES Rajdhani Power Ltd's (BRPL) "Solar City Initiative", designed to maximise rooftop... Read more..

Source: ET Energyworld