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Sustainability Outlook Headlines
Germany to partner in developing 3 smart citiesGermany today agreed to partner with India in developing three smart cities and a six-member joint committee has been set up in this regard to evolve the way forward including identification of those cities in three months. This was decided at a meeting between Urban Development Minister M Venkaiah Naidu and the visiting German Minister of Environment, Nature Conservation, Building and Nuclear Safety Barbara Hendricks. Date : Jan 29 Source: Economic Times
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Germany agrees with India on equal use use of GCF for adaptation & mitigationGermany today agreed with India's position that the funds in the Green Climate Fund (GCF) should be equally utilized for both mitigation and adaptation, a view which it were "opposed" to earlier. Date : Jan 29 Source: Zee News
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Ashok Leyland battle-ready with alternative techIn order to capitalise on the Centre’s ambitious National Electric Mobility Mission Plan’ and to meet changing dynamics in the global automotive industry, Ashok Leyland on Tuesday said that it is future-ready with a range of powertrain technologies, including electric, hybrid and ethanol, to help produce zero-emission vehicles in India for exports. Date : Jan 29 Source: Financial Express
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Six clean-technology SMEs to get S$2.5m to test-bed new solutionsSIX clean-technology SMEs will receive a total of S$2.5 million from the government to test-bed sustainable technologies and solutions. Date : Jan 29 Source: Business Times
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Kolkata to go fully Wi-Fi in two months' timeKolkata is set to become India's first fully Wi-Fi-enabled metro with a private operator launching the service from Park Street on February 5 and then rolling it out in a phased manner across 144 municipal wards. The whole city is expected to come under Wi-Fi coverage by Bengali New Year in mid-April. Date : Jan 29 Source: Times of India
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New-generation solar panels far cheaper, more efficient, say scientistsA new generation of solar panels made from a mineral called perovskite has the potential to convert solar energy into household electricity more cheaply than ever before, according to a study from Briain's Exeter University. Date : Jan 29 Source: Reuters
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Cyan wins first substantial smart meter order from Indian utilitySmart meter group Cyan (LON:CYAN) has received its first significant order from a public utility in India. The order, worth £1mln, is from Enzen Global Solutions, and is for a large pilot project to be undertaken by the Chamundeshwari Electricity Supply Corporation (CESC) in southwest India. Date : Jan 29 Source: Proactive Investors
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‘Patna can generate 277MW solar energy by 2025’The state capital of Bihar can generate 277MW of solar energy by 2025. Patna can start producing solar energy up to 35MW in the initial phase by using the roofs on government and industrial buildings. This can bridge the ever-increasing gap between demand and supply of energy, says a report of the Centre for Environment and Energy Development (CEED) titled "Rooftop Revolution: Uncovering Patna's Solar Potential". The report was released by Bihar Electricity Regulatory Commission (BERC) chairman UN Panjiar at a function held here on Thursday. Date : Jan 29 Source: Times of India
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Govt to soon bring transparency, ease in green licenses: JavadekarAiming to provide next level of ease of doing business in India, the government today said it will soon put in place transparency in public procurement of green products. Date : Jan 29 Source: First Post
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Grid-connected PV energy storage installations to triple in 2015Annual installations of grid-connected PV systems paired with energy storage will grow more than threefold from 2013 to 2015 to reach 775 MW. Growth will occur in all three major market segements - residential, commerical and utility. Date : Jan 29 Source: PV Tech
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Clean energy: US to place investment officer in IndiaTo mobilise private capital in the clean energy sector, the US has agreed to place a field investment officer in India apart from hosting a series of events to overcome strategic barriers in accelerating institutional and private financing. Date : Jan 28 Source: Economic Times
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Solar power stocks rally upto 11% on Indo-US partnership on clean energyCompanies with exposure to the solar power segment rallied up to 11 per cent in tarde on Tuesday, after US President Barack Obama and Prime Minister Narendra Modi pledged to collaborate in the area of clean energy and combat climate change. Date : Jan 28 Source: Economic Times
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Indian wind power firm Mytrah Energy expects to double capacity by creating 10 new plantsMytrah Energy has come a long way in a short time. It has developed 525 megawatts of wind power in India, a market with a huge energy deficit. And it has raised and invested US$670million to create 10 individual plants across six states. By the end of 2015 it will be generating 750 megawatts and expects to double that capacity shortly afterward. Not bad for a firm that started life on the public markets just four years ago. Date : Jan 28 Source: This is Money
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Lack of clarity on power tariff worry for solar companies The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved a draft power purchase agreement (PPA) for the state electricity utility Tangedco to buy solar power from private power producers, more than four months after the TNERC announced a feed-in tariff of Rs 7.01 per unit of power for solar power companies wish to generate and sell power to the state electricity utility. Date : Jan 28 Source: Times of India
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India's new clean-energy goals face funding, political hurdlesIndia's Prime Minister Narendra Modi says the world's third-biggest polluter is ready to take on global warming. Money and politics stand in his way. Date : Jan 28 Source: Straits Times
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Maha govt's draft policy on renewable energy sector to be outThe Maharashtra government today said that a draft of its integrated policy for the renewable energy sector, which is aimed at reducing the state's carbon footprint and boosting the renewable energy sector, would be made public within the next fortnight. Date : Jan 28 Source: Business Standard
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The Biodegradable Credit Card That Fights Climate ChangeWould you feel less guilty about whipping out your credit card if you knew buying stuff could help save the planet from climate change? Especially if that piece of plastic was biodegradable? Date : Jan 28 Source: Take Part
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Maharashtra govt mulls use of treated water in power plantsIn an attempt to restart the Parli thermal power plant which was shut down due to a severe water crisis in Marathwada region, Maharashtra government is planning to use treated sewage water instead of the regular clean water. Date : Jan 28 Source: Zee News
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VC Funding in Smart Grid totals US$383mn in 2014Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the smart grid sector for 2014. Venture capital (VC) funding into smart grid technology companies was US$383mn in 73 deals in 2014, compared to US$410mn in 64 deals in 2013. Total corporate funding, including debt and public market financings, came to US$844mn in 2014,... Read more.. Date : Jan 28 Source: India Infoline
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Climate change: India to focus on green energy and efficiency instead of emission reductionsThe first meeting of India's reconstituted Prime Minister's Council on Climate Change called for a shift in global attitudes from emission cuts to adopting green energy and improving energy efficiency. Date : Jan 28 Source: IB Times
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Obama in India: Foreign funds flow set to skyrocket for renewable energy projects in IndiaBig-ticket announcements involving American loans for renewable energy projects, green bonds, venture capital and pension funds are on the cards after US President Barack Obama and Prime Minister Narendra Modi pledged to collaborate in the area of clean energy and combat climate change. Date : Jan 27 Source: Economic Times
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Mahindra to expand renewables business amid India's clean energy pushIndian conglomerate Mahindra Group plans to expand its renewable energy business and invest 45 billion rupees ($732.5 million) over the next three to four years, its chairman said, amid a government-led push to increase the use of clean energy. Date : Jan 27 Source: Economic Times
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AP to promote roof-top solar energy in a big wayPlans are afoot to promote roof-top solar energy generation in a big way in Andhra Pradesh and achieve a target of at least 5,000 MW over the next five years. With Government of India setting a target of 40,000 MW for roof top solar energy generation out of total solar power of one lakh MW over the next five years across the country, New and Renewable Energy Development Corporation of Andhra Pradesh wants all domestic, commercial, industrial and government buildings to install solar power panels. Date : Jan 27 Source: The Hindu
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Carbon tax to meet climate concernsOil prices have plummeted since June 2014 by almost 60 per cent. This has obviously proved to be a bonanza for oil-importing countries like India just as it has seriously hurt oil-producing nations like Russia and Iran. The fall has been unexpected and what has added to the mystery is the behaviour of Saudi Arabia, the traditional “swing producer” in OPEC which has chosen not to cut production in order to boost prices. Date : Jan 27 Source: The Hindu
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India Clean-Energy Investments Rise 13% to $7.9 BillionClean-energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015. Investments in clean technologies including solar and wind power rose almost 13 percent in 2014 from a year earlier, according to estimates today from London-based Bloomberg New Energy Finance. That makes India the seventh-largest investor in the industry worldwide, BNEF said. Investments should rise further this year to more than $10 billion, it said. Date : Jan 27 Source: Bloomberg
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