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Indian Solar Sector – Shining or hiding behind the clouds?

By : Aparna Khandelwal, Feb 3, 2012

National Solar Mission’s second round of bidding for the balance 350MW of Phase I surprised industry veterans not only in India but across the globe. The recently concluded second round bidding saw the bid price touch an all-time low of Rs 7.49/kWh.

National Solar...

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India to defend local-buy policy in solar mission as US, EU protest

By : Sustainability ..., Feb 3, 2012

India is readying to defend its policy requiring companies to source local content for the national solar mission project, a rule that has triggered protests from the US and the EU. 

The commerce department is talking to the ministry of new and renewable energy...

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Himachal Pradesh to be the 1st state to become carbon-neutral by 2020: Dhumal

By : Sustainability ..., Feb 3, 2012

 Himachal Pradesh would be the first state in the country to become carbon neutral by 2020 by undertaking "carbon smart growth", Chief Minister Prem Kumar Dhumal claimed here today. 

"The carbon footprint per capita in Himachal Pradesh has been assessed at 1.4...

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India Clean-Energy Investments Reach $10.3 Billion in 2011: BNEF

By : Sustainability ..., Feb 3, 2012

Investment in clean-energy projects grew faster in India than in any other major economy last year, rising 52 percent to $10.3 billion, according to Bloomberg New Energy Finance.

The largest increase came from the solar industry with $4.2 billion of funding for...

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NTPC in favour of penalty on Coal India for not meeting supply commitments

By : Sustainability ..., Feb 3, 2012

NTPC Ltd, India's top power producer, is in favour of imposing penalty on state-run Coal India Ltd for not meeting supply commitments, NTPC Chairman Arup Roy Choudhury said. 

State-run NTPC would also like the government to set up a coal regulator to ensure the...

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Allianz, C-Quest Capital launch India carbon project

By : Sustainability ..., Feb 1, 2012

 German insurer Allianz SE and U.S.-based C-Quest Capital LCC said on Tuesday they will finance the installation of about 8.5 million energy-efficient lightbulbs in India in return for U.N.-backed carbon offsets.

The 10-year project will fund the installation of...

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Subject Tags: Allianz , CDM , Environment , India

CII and Carbon Disclosure Projects Launch new "Disclosure to Action" initiative

By : Sustainability ..., Jan 31, 2012

Confederation of Indian Industry [CII] and the Carbon Disclosure Project [CDP] have commenced a new initiative titled CII-CDP Disclosure to Action. The CDP-related activity in India, now in its sixth year, has clearly revealed that climate change represents significant risks...

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India’s Largest Solar Program Cuts Power Rates by Up to 33%

By : Sustainability ..., Jan 31, 2012

India’s largest solar program cut the preferential rate it pays utilities for sun power as much as 33 percent as global prices of panels declined by more than half.

Photovoltaic plants commissioned after the Jan. 28 deadline will be paid a rate of 9.98 rupees (...

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India opposes UN panel’s ‘back door’ for green caps - Times of India

By : Sustainability ..., Jan 31, 2012

A high-profile panel of the United Nation Secretary General (UNSG) on Global Sustainability has recommended that the world adopt sustainable development targets. The move has been opposed by India and several other developing countries as creating a backdoor for caps...

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Integrated approach to Environmental Sustainability a must for pursuing industrial growth

By : Dhanapal G, Jan 30, 2012

Half of India’s existing 88 industrial clusters are critically polluted. With the country’s ambition to increase the percentage contribution of manufacturing sector to over 25% of GDP, it is important that an integrated approach to environmental sustainability is framed to...

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