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Sustainability Outlook Headlines

Plastics could be recycled to create renewable energy says a new research

Scientists have found a way to recycle plastics to create high-value materials such as carbon nanotubes, which can not only conduct heat and electricity but also help reduce plastic waste. While a small proportion of the hundreds of types of plastics can be recycled by conventional technology, researchers from Swansea University in the UK found that there are other things that can be done to reuse plastics after they have served their original purpose. The research, published in The Journal for Carbon... Read more..

Source: Indian Express

Rapid Urbanisation and Deforestation are Warming up the State of Odisha, finds study

It is no secret that the planet's temperature is increasing. If it continues unabated, India will be among one of the worst-hit countries with frequent floods and droughts. Most parts of Northern India faced severe heatwave with temperatures reaching record highs and killing hundreds in 2019. On the contrary, torrential rains lashed Mumbai and Pune, flooding the cities. In Chennai, a severe crisis for drinking water is keeping the city on its toes. Global warming is caused by increasing levels of greenhouse... Read more..

Source: Daily Hunt

Greenko starts roadshows for up to $1 billion bond sale

Greenko Group, one of India’s largest renewable energy producers, has started meeting investors for a proposed dollar bond sale, which could see the company raise up to $1 billion, said two people aware of the development. Greenko, owned by sovereign wealth funds GIC of Singapore and Abu Dhabi's Abu Dhabi Investment Authority (ADIA), is looking to raise up to $750 million to $1 billion through the bond sale to refinance the debt of a part of its operational assets, said the first person cited above. "Investor... Read more..

Source: Livemint

India To Save $ 381 Million Through Sustainable Ethanol Procurement System

India could save $381 million and ensure a consistent supply of ethanol while developing the indigenous industry, says the latest report by UPES and PLR. It emphasizes meeting the ethanol blending mandates along with the development of 2G production. The report suggests that India needs to follow international trends very closely for a robust ethanol ecosystem, which will facilitate substantial foreign exchange savings from reduced dependence on crude as well as increased octane savings. Mr. Suhaan Mukerji,... Read more..

Source: Business World

Unpredictable rains and sudden storms are new risk to India’s renewables goals

India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are damaging renewable energy projects, threatening a business which survives on wafer-thin margins. A storm in India’s Rajasthan state, known for its deserts and sunny days, tore through a solar park and blew away modules of various developers. In the adjoining state of Madhya Pradesh, a generator found sections of his... Read more..

Source: Livemint

India's Renewable Energy Capacity Crosses 80GW-Mark, Says R K Singh

India's renewable energy capacity has crossed the 80GW-mark, which includes 29.55 GW of solar energy and 36.37 GW wind power, Parliament was informed Tuesday. The government has set an ambitious target of having 175 GW of clean energy capacity by 2022, including 100 GW solar and 60 GW of wind energy. "The Government is regularly monitoring the progress being made to achieve the target of 175 GW by 2022. "A total of 80.46 GW of renewable energy capacity has been installed in the country as on June 30, 2019... Read more..

Source: Yahoo

Indus plans to host EV charging units across its vast network of telecom towers

Indus Towers Ltd, India’s largest mobile tower company, plans to utilize its vast base of telecom towers to charge electric vehicles as part of a strategy to tap this fledgling industry and morph into an overall infrastructure provider. The move will allow the company to secure a unique revenue stream outside the traditional model of renting out its towers to mobile phone operators. It would also help Indus Towers reduce dependence on the troubled domestic telecom sector. The telecom industry has witnessed... Read more..

Source: Livemint

First offshore wind ‘emerging markets’ land World Bank funds

Twelve countries are in line to be the first cohort of ‘emerging’ offshore wind markets to see backing under a $5m programme recently launched by the World Bank and International Finance Corporation (IFC) to fast-track take-up of the increasingly competitive energy resource around the world. Vietnam, Algeria, Morocco, Brazil, Indonesia, Costa Rica, Poland, India, Sri Lanka, Argentina, South Africa and Turkey will receive support through the World Bank’s Energy Sector Management Assistance Programme to collect... Read more..

Source: Recharge news

Palau signs International Solar Alliance Framework agreement

Palau signed the International Solar Alliance (ISA) Framework Agreement here, lauding India for its efforts in promoting sustainable development projects through South-South cooperation. Palau became the 76th country to sign the ISA Framework Agreement, which till date has been ratified by a total of 54 of the 76 countries. Palau President Tommy Remengesau signed the ISA Framework Agreement on Monday during a special ceremony at the Permanent Mission of India to the United Nations. Remengesau recognised the... Read more..

Source: The Hindu - Business Line

Vakrangee aims to set up 75,000 EV charging kendras across India by FY22

Vakrangee Ltd has decided to set-up the Electric Vehicle (EV) Charging Infrastructure facility through Nextgen Vakrangee Kendra Outlets. Vakrangee has 3,504 Nextgen Vakrangee Kendra's spread across 19 states, 366 districts and 2,186 postal codes. More than 68 per cent outlets are from Tier 5 and tier 6 cities. Their planned target is to reach at least 75,000 by FY2021-22 and 3,00,000 outlets by FY2024-25. Vakrangee plans to leverage this deep presence by being an enabler for the EV charging facility through... Read more..

Source: Business Standard

Hyundai exploring affordable EV for India

Hyundai has just launched its first EV in India, the Kona Electric. While the Kona Electric has impressive specs for an EV, including a 452km ARAI-certified range, its Rs 25.3 lakh (ex-showroom, India) price tag means that it won’t be the Hyundai model responsible for mass adoption of electric vehicles. However, a new, affordable Hyundai EV could just be the model to take things into higher gear – like the 'small EV' the carmaker has said is in the works for the Indian market. The small EV is in the product... Read more..

Source: Autocar India

JLR to get £500-million UK loan guarantee to develop next generation EVs

Tata Motors owned Jaguar Land Rover (JLR) on Tuesday said it will receive a £500-million guarantee from the UK government to underwrite a planned £625 million loan facility from commercial banks to develop the next generation electric vehicles and future mobility solutions. Tata Motors-owned Jaguar Land Rover (JLR), on Tuesday said it will receive a 500-million-pounds guarantee from the UK government. The UK’s largest automotive exporter said the guarantee for the loan comes from the UK Export Finance (UKEF... Read more..

Source: Business Standard

Niti’s methanol plan for petrol vehicles on the backburner

The Niti Aayog has put the brakes on its plans for the use of methanol as an alternative fuel for petrol-run vehicles, in a major shift in strategy as the government’s focus has now moved to electrification of vehicles. However, the Aayog will continue to push usage of methanol-run gensets, telecom towers and other stationary power units besides methanol-blended fuel for cooking, as India goes all out to reduce its oil import bill across sectors. Niti Aayog member VK Saraswat had drawn up an ambitious ‘... Read more..

Source: Economic Times

Four lakh e-vehicles in India, 50% of them in Delhi, UP

Currently there are nearly four lakh registered electric or battery operated vehicles in India and half of them are in Uttar Pradesh and Delhi, according to road transport ministry’s data. Sources said most of these vehicles are e-rickshaws and e-carts, which got legal status after Parliament passed a law in March 2015 to recognise these as motor vehicles. In a written reply, Union road transport minister Nitin Gadkari has informed the Lok Sabha that UP has 1.39 lakh registered electric vehicles followed by... Read more..

Source: Energy World - Economic Times

ABB provides Enel Green Power with predictive software for sustainable hydro operations

ABB is partnering with Enel Green Power to deliver innovative predictive maintenance solutions that will lower maintenance costs and transform the performance, reliability and energy efficiency of its hydropower plants throughout Italy. The three-year contract will enable 33 of Enel Green Power’s hydroelectric plants, comprised of about 100 units, to move from hours-based maintenance to predictive and condition-based maintenance, leveraging the ABB Ability Asset Performance Management solution. With... Read more..

Source: Energy Next

Greaves Cotton hikes stake in EVs maker Ampere Vehicles to 81.23%

Manufacturer of diesel engines, generators and pump sets, Greaves Cotton has increased its stake in Coimbatore-based electric vehicle (EV) manufacturer Ampere Vehicles from 67.34% to 81.23% by investing an additional amount of ₹38.49 crore. The said amount is invested in acquiring 25,73,529 equity shares of Ampere Vehicles through primary and secondary purchase. Mumbai-based Greaves had first invested ₹77 crore in Ampere in October 2018 and had acquired a stake of 67.34%. According to the company, Greaves’... Read more..

Source: Livemint

Ujjwala has cut rural women’s chest congestion by 20%: Study

Ujjwala, the Narendra Modi government’s flagship social welfare programme providing LPG connection free of cost to poor households, has helped ease chest congestion among rural women by 20%, according to a joint study by Indian Chest Society and Indian Chest Research Foundation. The study, published in the International Journal of Medical and Health Research, an Indian publication, was conducted on 120 females in the 20-50 age group chosen from attendants of patients seeking treatment for chest ailments. It... Read more..

Source: Energy World - Economic Times

Soot content in air declining, says IISc-Isro study

The amount of soot or black carbon in India’s air is reducing. It has been declining at a rate of 100 nanogram per cubic metre per year, a recent study by scientists from Indian Institute of Science (IISc) and Indian Space Research Organization (Isro) has revealed. Soot consists of tiny carbon particles called aerosols. These are much smaller than the diameter of a human hair strand and hence can enter our lungs and cause serious damage to health. Not just that. They can have an adverse impact on the Indian... Read more..

Source: Energy World - Economic Times

Cap renewable energy tariff at Rs 3 per unit under NTPC, SECI auctions: Ind body

National Solar Energy Federation of India has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned NTPC and Solar Energy Corporation. The capping will help keeping the renewables tariff lower than Rs 3 per unit. This will prove to be a remedy for differential treatment of electricity in the country and help in achieving 'one nation, one grid, one renewable, one price', according to National Solar Energy Federation of India (NSEFI). In a recent... Read more..

Source: Energy World - Economic Times

5-Fold Increase in Clean Energy Jobs in 5 Years - India

With an average age of 27 and projected 7.5 percent economic growth rate, jobs are a key priority in India. Growth in the renewable energy market is a major opportunity to achieve India’s goals of job expansion and economic growth while meeting climate targets. In fact, solar and wind energy jobs grew an impressive five-fold in the past five years in India. With an average age of 27 and projected 7.5 percent economic growth rate, jobs are a key priority in India. Growth in the renewable energy market is a... Read more..

Source: NRDC

Foreign investors pumped $1.02 bn equity in India’s clean energy space in FY19

The foreign investors’ interest in India’s emerging green economy continues; with around $1.02 billion equity investment made by them in the current financial year till date, according to data compiled by consulting firm Bridge to India for Mint. These investments have been growing. The international equity investment in the India’s clean energy sector was $283 million in 2016, $532 million in 2017 and $1.02 billion in 2018.To be sure, this excludes all offshore debt funding and investments made by foreign... Read more..

Source: Livemint

Chandigarh to set up solar plants in gardens & schools

In a bid to achieve the solar power generation target set by the ministry of new and renewable energy, Chandigarh Renewal Energy, Science and Technology Promotion Society (CREST) has planned to install solar plants at gardens and government schools. CREST has decided to set up two solar plants of 400 kWp (kilowatt peak) capacity at two government schools in Maloya and 160kWp plant at a botanical garden in Sarangpur. Recently, the administration had approved a detailed project report (DPR) of installation of... Read more..

Source: Times of India

EESL to set up 200 more charging stations in Delhi, NCR by October

Energy Efficiency Services Ltd (EESL) plans to set up 200 more charging stations in Delhi and National Capital Region (NCR) area in the next three months to cater to shared mobility services. “We are laying out charging infrastructure, starting in Delhi/NCR region and in 10 other cities in the country. We have put up 55 charging stations in New Delhi area. We are going to increase this to 200, largely in South Delhi, Gurgaon, Noida and some other parts of Delhi that we are looking at in the next three months... Read more..

Source: Livemint

MPUVN and Cleantech Solar PPA signed to generate energy from a 650 kWp solar plant

Following the historic success last year by MPUVN with regards to setting up of Rs. 1.58/kWh for Power Grid Corporation of India in its RESCO I rooftop solar tender which is one-fourth of the amount the consumers pay; and the signing of Power Purchase Agreements (PPAs) for 291 government colleges and 12 government universities in the state at one stroke, today marks another landmark day wherein solar developer, Cleantech Solar Energy (India) Private Ltd. has signed PPA with MPUVN to implement a 650 kWp... Read more..

Source: Financial Samachar

Centre’s push for EVs may make internal combustion engines stutter

The Union government’s push for electric vehicles (EV) in the Budget and the Economic Survey may adversely impact the Internal Combustion Engine (ICE) auto industry, which is already under stress, in the medium to long term. The two wheeler segment could be affected in the immediate future. The tax benefits, GST rate reduction and the mammoth plan to make India the hub of EV manufacturing as well as elaborate measures for charging infrastructure through tax sops makes a strong case for EVs, but unless... Read more..

Source: The Hindu