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Sustainability Outlook Headlines
India Named As One Of The Best Countries For Clean Energy Investment; Ranks Fourth Among 55 Developing CountriesIndia has ranked fourth among 55 developing countries in clean energy investment, as per a new study released by Inter-American Development Bank. India's neighbour China is ranked first. India scored of 1.85 points against China's 2.23. The study called 'Climatescope 2014' suggests that renewable technologies are as cost-effective in developing countries as they are in the developed ones. The study observed that steady increase in power demand and good renewable sources of energy make India a growth market for clean energy. Wind is the largest renewable energy sector in the country... Read more.. Date : Oct 31 Source: Businessinsider India
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Climate change a 'threat multiplier for farming-dependent nations: reportClimate change and food insecurity are "threat multipliers", and 32 countries dependent on farming face an "extreme risk" of conflict or civil unrest in the next 30 years, a global analytics firm said on Wednesday. Food shortages and rising prices have the potential to worsen political, ethnic, class and religious tensions, the risk advisory firm Maplecroft reported in its annual "Climate Change and Environmental Risk Atlas (CCERA)". Date : Oct 31 Source: Sydney Morning Herald
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India invites Saudi Arabia to invest in strategic oil storagesSeeking to deepen energy ties with oil-rich Saudi Arabia, India has invited the world's largest oil exporter to invest in strategic crude oil storages and downstream facilities. Oil Minister Dharmendra Pradhan, leading a high level delegation on his maiden visit to Riyadh, met Saudi Oil Miniter Ali al-Niami on extending cooperation in oil and gas sectors. Saudi Arabia is India's largest supplier of crude oil, providing over 20 per cent of its oil needs. During talks, "India's additional requirement for crude oil and LPG, investment opportunities, cooperation in... Read more.. Date : Oct 31 Source: Economic Times
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NComputing can contribute to cost efficiency in Digital India, Smart City projectsNComputing, a desktop virtualization company that offers mobility solutions to organizations, is banking on Narendra Modi's pet projects - Digital India and Smart City - for growth and said it could contribute to both initiatives in a cost and energy efficient manner. The US-headquartered company is already working closely with various state governments and many non-government agencies to facilitate digitization in the country with their affordable computing solutions, and is primarily working in the education space. "Digital India initiative is a way that helps in developing... Read more.. Date : Oct 31 Source: Economic Times
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Kerala govt to procure e-waste menace by paying money per kgDiscarded electronic goods such as computers and TV sets are set to bring money for the Keralites, with the state government deciding to procure e-waste to tackle the urban pollution. The state government has decided to procure the accumulation of hazardous electronic waste in institutions and homes from the next month with the help of the Clean Kerala Company Ltd (CKCL), a state-run agency under the Local Self Government Department. The collected waste will be handed over to a Palakkad-based firm Earth Sense Recycle Pvt Ltd, which will recycle it at its facility in Hyderabad... Read more.. Date : Oct 31 Source: Zee News
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State yet to Tap Gold Mine in e-WasteHow many are aware that a throwaway computer carries 0.3 to 0.5 gm of gold. While Bangalore generates as much as 80 kg of gold from e-scarp every year with an annual turnover of `4.8 crore, the Kerala Government plans to sell e-scrap at `5 per kg to private agencies. Minister for Urban Affairs Manjalam Kuzhi Ali on Wednesday announced that the Clean Kerala Company would collect e-scrap from houses, offices and other joints for `5 per kg and hand them over to private agencies for disposal. Even the Kerala State Pollution Control Board (KSPCB) does not have a clear picture of the... Read more.. Date : Oct 31 Source: The New Indian Express
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Algae's role in sustainable agriculture exploredThe two-day national seminar on algae for sustainable agricultural production held at the Agriculture College and Research Institute, Madurai of Tamil Nadu Agricultural University (TNAU) discussed the many roles of algae in agriculture. The main aspects of the seminar were to discuss algae distribution and resources in India, its bioactive compounds, growth regulators biocides, minerals and micro nutrients; application of seaweed as manure in different forms for agricultural and horticultural crops, algae as food and fuel and algae products of commercial production and application... Read more.. Date : Oct 31 Source: Times of India
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Will coal or solar power fuel India's drive to bring electricity to its villages? - The GuardianThe village of Geer in Madhya Pradesh is about to undergo the simplest of revolutions. After 25 years of being told electricity is coming, it is finally here. “After sunset we can’t do anything so we sit in the darkness. The children cannot study. We go to bed early,” says Chotelal Gupta, who runs the nearest thing Geer has to a shop. It is no more than a cupboard really, selling sweets and biscuits. But in the last few weeks Gupta has started to stock lightbulbs as the villagers wire up their homes. Date : Oct 31 Source: The Guardian
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Swiss firms to brighten prospects of India's solar energy sectorWith the scope of solar energy increasing in the national energy mix, leading Swiss manufacturers are set to open up solar cell fabrication units in India. A unit at a cost of $400 million is likely to come up in Gujarat next year to produce solar photovoltaic cell of 480 mw capacity, which may be followed by another plant in Kerala in 2016. Swiss firm Meyer Berger is setting up both fabrication units along with a large Indian business house, whose name has been kept under wraps. “We will produce the wafers locally as India has a cost advantage. Our total investment will be... Read more.. Date : Oct 31 Source: Deccan Herald
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Wind sector VC funding drops to $2.4 billionCorporate funding activity in the wind sector globally dropped to $2.4 billion in the third quarter of 2014 from $4 billion in the second quarter of the year, according to a report by global clean energy communications and consulting firm Mercom Capital Group. Date : Oct 30 Source: Times of India
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Boom ahead: Boost for smart cities as govt relaxes FDI norms for realty, constructionIn a boost to cash-starved real estate industry, the Narendra Modi government today relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms. Date : Oct 30 Source: First Post
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Adaptation, capacity building can address climate change: Javadekar - Big News Network.comAdaptation, capacity building and strengthening rural capacities are the government's foremost concerns for addressing the challenges to climate change, Environment Minister Prakash Javadekar said Monday. Date : Oct 30 Source: Big News Network
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Narendra Modi government pushes for walk the talk on solar energyGovernments in India are often seen exhorting people to adopt renewable power and save energy but now the NDA government wants to walk the talk on the issue. The union ministry of new and renewable energy (MNRE) has asked all the union ministries and public sector units to adopt solar energy and install rooftop solar units to not just save energy but inspire the common man too. A letter in this regard was sent by MNRE secretary Upendra Tripathy to all union ministries and public sector units around August 20 and so far the ministry has received encouraging response from about 50... Read more.. Date : Oct 30 Source: Daily News & Analysis
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Ganga lock on polluting unitsThe Supreme Court today asked the National Green Tribunal to take steps to close down an estimated 763 industrial units discharging effluents into the Ganga if they had not complied with anti-pollution directives. A bench headed by Justice T.S. Thakur asked the tribunal to examine whether the 17 categories of industries spread over 11 states had complied with the repeated directives of the apex court since 1992 to take anti-pollution measures and install effluent treatment plants. The court said if the units had not complied with the directives by March 31, 2014, steps should... Read more.. Date : Oct 30 Source: The Telegraph
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Final Draft Of U.N. Climate Report Sets Table For Upcoming NegotiationsDelegates from more than 100 governments and many of the world’s top climate scientists are meeting in Copenhagen this week to finalize a report that will be used as a foundation for important upcoming climate summits. The leaked United Nations draft report, due to be published on Nov. 2nd, says climate change may have “serious, pervasive and irreversible” impacts on human society and nature. Date : Oct 30 Source: Think Progress
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Clean-up mission opens a river of opportunity for entrepreneursThe Indian economy is picking up momentum and the present government seems to have its heart and mind in the right place, with a special thrust on cleaning of rivers, contributing towards water security. The new government’s “Cleaning of the Ganga” and pollution free rivers agenda has come at an opportune time, when the world is having several dialogues, with all roads leading to the UN Climate Change Conference in Paris in 2015, where in, there would be important discussions on frameworks to limit global warming to below 2°C, The sanction of INR 2037 crores for ‘Namami Gange’, is clearly... Read more.. Date : Oct 30 Source: Business Line- The Hindu
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Advancing India's smart gridIndia and the United States agree that the smart grid is necessary for the transformation of the power grid, and recognize that close collaboration and sharing of best practices is hugely beneficial to both countries and the world. At the Smart Grid Interoperability Panel's (SGIP) recent conference, the India Smart Grid Forum (ISGF) and SGIP signed a Memorandum of Understanding (MOU), proposing an approach to enhance the coordination between the two organizations. The ISGF and SGIP are focused on sharing information for standardization policy, smart grid projects, testing and... Read more.. Date : Oct 30 Source: Fierce Smart Grid
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AT&C loss levels in various discoms remain higher in FY13:ICRADespite steps taken by various state discoms to reduce distribution losses, average aggregate technical and commercial (AT&C) loss levels have been higher at 27 per cent in FY13, a recent study by ICRA said. According to the rating agency, improvement has been observed in distribution loss levels for discoms in 12 states during FY07-13, while a deterioration or limited progress in reducing loss levels has been seen in five states and in the remaining two states, loss levels have remained almost unchanged. "Despite this improvement, the distribution losses remain... Read more.. Date : Oct 30 Source: Business Standard
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Indian Industry Think Tank Proposes Improved Government Guidelines on Smart Cities Resilience ModelAn Indian business think tank has developed a Smart Cities Maturity Model (SCMM) to establish the metrics to be applied to a Future City for gauging resilience. It argues that current investment in India for its 100 Smart Cities programme must apply these to be successful, and is dangerously narrow-focussed at present.
Indian cities are struggling to accommodate the accelerated pace of urbanization – resulting in crumbling urban infrastructure and unaffordable options for urban accommodation. Yet the level of urbanization in India will rise from 31% in 2011 to 50% by 2031.... Read more.. Date : Oct 29 Source: Sustainable Cities Collective
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Solar cheaper in India than imported Australian coalThe results of India’s latest solar auction are in, and it is bad news for developers of Australian coal projects – solar PV is cheaper for Indian users than the electricity price needed to pay for imports of coal from Australia.
A tender for 500MW of solar capacity in the sunny, south-eastern state of Andhra Pradesh, resulted in First Solar submitting the cheapest bids in an auction that was oversubscribed by more than double – 63 bids, totalling 1291MW in proposed solar developments.
First Solar submitted bids of just over 8 cents US per kilowatt-hour – $0... Read more.. Date : Oct 29 Source: RenewEconomy
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Govt chalks out plans for massive solar power pushIndia is about to witness a massive scaling up of solar power capacity to 100,000 Mw, with Prime Minister Narendra Modi asking the ministry of new and renewable energy (MNRE) to prepare an action plan by November first week. Date : Oct 29 Source: Business Standard
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REC Pays Rs. 113.43 Crore as Final Dividend to GovernmentRural Electrification Corporation Limited (REC) a Navratna Public Sector Undertaking has paid to the Government the final dividend of Rs. 113.43 crore for the Financial Year 2013-14, on its share capital held by the Government. A cheque of the amount was handed over to Sh. Piyush Goyal, Minister of State for Power, Coal and New & Renewable Energy (Independent charge) by Sh. Shri Rajeev Sharma, Chairman and Managing Director of Rural Electrification Corporation Limited (REC), in presence of Director (Technical) and Director (Finance) of the Company here yesterday. Date : Oct 29 Source: Business Standard
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Dupont Presents Innovations to overcome the issue of water shortageDuPont has introduced solutions towards agricultural production that overcome the issue of water shortage, through innovations such as high yielding seeds and crop agronomical practices like crop diversification. Date : Oct 29 Source: APN News
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Government aims to make $15 billion Internet of Things industry in India by 2020The government is working on an ambitious plan to create USD 15 billion 'Internet of Things' industry in the next six years. Internet of Things, or IoT, can be loosely described as a network of inter-connected devices that can be accessed through the Internet. Date : Oct 29 Source: Economic Times
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VC funding into smartgrid sector increases to $142 in Q3 of 2014Venture capital (VC) funding into the smart grid sector globally increased to $142 million in 26 deals during the third quarter of 2014, compared to $81 million in 13 deals in the previous quarter of the year, according to a report by global clean energy communications and consulting firm Mercom Capital Group. The top VC funded companies were Savant Systems, a home automation solutions provider which raised $90 million, ThetaRay, a big data analytics and cyber security solutions provider which raised $10 million, Verdigris Technologies, a provider of cloud analytics software to... Read more.. Date : Oct 29 Source: Times of India
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