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Sustainability Outlook Headlines
FuelCell Energy, Inc. Analyst ReportFuelCell Energy, Inc. FCEL +4.39% a rising star in the fuel cell industry is the subject of an analyst report. The fuel cell industry is still in its infancy and represents huge potential in the coming years as the acceptance of various forms of alternative energy grows. Since fuel cell-powered engines do not burn fuel, they are an efficient, quiet, and pollution-free alternative to combustion engines. Advancements in technology through research and development, coupled with the declining prices of fuel cells, are expected to further promote the market for fuel cells... Read more.. |
EC Nod to Sign Pact for KKNPP III & IVThe Election Commission (EC) has given go ahead to the Department of Atomic Energy (DAE) to sign agreement with Russia for the Koodankulam Nuclear Power Project units III and IV. The DAE had approached the EC last month as model code of conduct was in place and following the clearance, the deal might be signed soon. The project was delayed over issues related to liability, which was sorted out by both countries during a recent meeting chaired by DAE secretary R K Singh. According to sources, the EC clearance came last week and the DAE had informed the Nuclear Power... Read more.. Date : Apr 8 Source: New Indian Express
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Indo-US Solar Tie Up on Track and ThrivingThe synergies inherent in combining India’s scientific strengths and the United States’ technical know-how are something that can bring significant progress in the development of frontline technology in solar energy, according to speakers at a Indo-US workshop on the subject, in the city on Monday. Speaking at the workshop on ‘Advances in Solar Energy and Utilisation — Fast Forward with Solar Mission’ held at the Anna University’s Vivekananda Auditorium, David S Ginley, Research Fellow and Group Manager at the National Renewable Energy Laboratory, Denver, USA, told the students who had... Read more.. Date : Apr 8 Source: New Indian Express
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GE plans to make India tech and innovation centreUS-headquartered GE is planning to make India into a technology and innovation centre for its products and not looking at it as a low-cost manufacturing hub. The company is bullish about healthcare, renewable energy and oil and gas sector and feels there is a need to remove bottlenecks in the thermal power sector for the revival of the beleaguered sector, Banmali Agrawala, President & CEO, South Asia, told ET in an interview. "The power sector and exploration of oil and gas needs high-end technology in India because the country does not have easy location and sources... Read more.. Date : Apr 8 Source: Economic Times
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SunEdison Drops Indian Solar Project on Supply ConcernsBlackRock Inc.-backed SunEdison Inc. (SUNE) dropped a solar power project in India as local equipment shortages and prices make it unviable. SunEdison is giving up the 20-megawatt project it won in an Indian government auction in February on concerns that local cell makers won’t be able to boost supply in time, Pashupathy Gopalan, managing director of South Asia and Sub-Saharan Africa, said in an e-mailed response to questions. Dropping the project may cost the St. Peters, Missouri-based company its 20 million rupee ($333,000) bidding deposit. “Cell capacities are not easy... Read more.. Date : Apr 8 Source: Bloomberg
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Sustaining farm sector growth amid fall in water availabilityHad late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks when the monsoon plays truant. Spells of drought kept agricultural growth at 3.6 per cent annually during the 11th Plan (2006-12). But four per cent growth is no holy grail for... Read more.. Date : Apr 8
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Shape helps catalyst extract energy from biomassFundamental research at MESA+ research institute of the Univ. of Twente in the Netherlands shows that the production of hydrogen, derived from for example biomass, can in principle be much more efficient. PhD candidate Shilpa Agarwal demonstrated that the physical form and size of the catalyst CeO2 play a significant part. For example, she showed that cube-shaped nanoparticles of the material possess the highest activity. Agarwal's PhD defence is scheduled for April 3, 2014. Biomass is a good alternative for fossil fuels, but converting biomass into useful chemicals and fuels is... Read more.. Date : Apr 8 Source: RD Magazine
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Suzlon retains fifth spot among global wind turbine makersSuzlon Group has retained its 5th place among global wind turbine makers in 2013, according to MAKE Consulting. In its annual Global Wind Turbine OEM Market Share report, MAKE said Suzlon had a global market share of 6.3 per cent, as measured by newly installed generating capacity. In America and EMEA (Europe, Middle East and Africa) region, Suzlon featured among top four OEMs with a market share of 13.5 per cent and 10.7 per cent respectively, it said, adding that in terms of cumulative capacity, Suzlon - with 23.5 GW of installed capacity - was again ranked fifth... Read more.. Date : Apr 7 Source: Economic Times
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BLP aims at 1GW power generation capacity in 5 yearsRenewable energy company Bharat Light and Power Pvt Ltd. (BLP) plans to raise over $1 billion in the next five years to reach a power generation capacity of 1 gigawatt (GW) from its current 200 megawatt (MW). “To scale up, we are doing two things—raising capital and building power plants. We have projects being developed across the country,” said Tejpreet Singh Chopra, founder, president and chief executive officer of BLP, who prior to setting up the company was president and chief executive officer (CEO) of General Electric in India, Sri Lanka and Bangladesh. He said it... Read more.. Date : Apr 7 Source: Livemint
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KKR To Invest In GreenkoHyderabad based Greenko Energies Private Limited is planning to raise $100 Mn from @Kohlberg.The AIM listed clean energy leader Greenko is backed by investors like Singapore’s GIC, GEF, Standard Chartered Plc and also TPG capital. In February, Greenko Energies had acquired a clutch of hydropower assets of Lanco, including the70 MW Budhil hydropower project and two smaller plants of 5 MW each in Himachal Pradesh for an undisclosed amount. The company plans to add some 400MW of hydel and solar... Read more.. |
India to award 1 gigawatt solar permits by 2015, boosting planIndia plans to award licences for an additional 1,000 megawatts, or 1 gigawatt, of solar power plants in the next year, about 30% more than originally targeted and equivalent to about half the capacity built so far. The government, however, scaled back its ambitions for an alternative technology called solar-thermal, which uses mirrors to focus sunlight to produce steam for conventional turbines. India plans to set up only 100 megawatts of solar-thermal capacity, down from the 1,080 megawatts... Read more.. |
Feeling the heat? Get a cool solar jacketWith the temperature nearly touching 40 degrees in the Kolkata already, the solar jacket introduced by SP Gon Chaudhuri is already in demand from several quarters, especially from those engaged in outdoor activity for long hours. The jacket prototype was introduced by the solar expert along with scientists of the SN Bose National Centre for Basic Sciences. A city-based company is manufacturing the jackets. In February this year, Gon Chaudhuri had demonstrated to Hidco authorities how the solar... Read more.. |
Ministry of New and Renewable energy and NHB signed MoUMinistry of New and Renewable Energy (MNRE) and National Housing Bank (NHB) signed a Memorandum of Understanding (MoU) on 31 March 2014 to channelise subsidy for solar energy usage. The MoU was signed to promote the use of solar water heating and solar lighting equipments in homes, and to provide the subsidy to the beneficiaries. Under the MoU, NHB will act as a nodal agency for channelising the capital subsidy available under the Jawaharlal Nehru National Solar Mission (JNNSM). ... Read more.. Date : Apr 7 Source: Jargan Josh
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CRI acquires Italian pump manufacturer FIPSCoimbatore-based CRI Pumps, a leading manufacturer and exporter of pumps in the country with a turnover of over Rs 1,000 crore, has completed a share purchase agreement with the shareholders of Fabbrica Italiana Pompe Sommergibili Srl (FIPS), Milan, Italy, for acquisition of 100 per cent of the share capital of the company. The acquisition, the value of which has not been disclosed, will enable CRI to adopt innovative technologies in sewage, effluent, drainage and waste water handling solutions for municipal, industrial, residential... Read more.. |
IEEE Standards Association (IEEE-SA) Launches Indian Low-Voltage DC (LVDC) Forum to Advance LVDC for Microgrids, Commercial Buildings and HomesIEEE, the world's largest professional organization advancing technology for humanity, today announced that the IEEE Standards Association (IEEE-SA) has formed the Indian Low-Voltage DC (LVDC) Forum under the auspices of the IEEE-SA Industry Connections (IC) program. “The resurgence of DC is driven by a multifaceted technology evolution that combines electrical engineering with power electronics, control systems, IT and emerging technologies like advanced LEDs, Brushless DC (BLDC) motors, DC-powered data centers, Power over Ethernet (PoE) and 100W USB connectors.” “LVDC as a... Read more.. Date : Apr 7 Source: Business Wire
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'Smart Water Grid Can Save $100 Bn'The country will not only save $100 billion, but also generate 60,000 MW through hydro-power annually if waterways are interconnected in a smart grid. This was revealed in a proposal recently made by A C Kamaraj, expert committee member of Interconnecting Waterways, Government of India. The proposed water grid, according to Kamaraj, utilises the natural flow of water to circulate it in the State through a series of canals and can be done individually by the States without nationalisation of rivers. Kamaraj said, “It is in many ways similar to the power grid, when you have... Read more.. Date : Apr 7 Source: New Indian Express
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Exclusive bins to collect water bottles, soft drink containersBins that look like big kennels are the latest from the Coimbatore Corporation in its fight against plastic waste. According to the sources, the civic body has readied five bins to be placed at bus stands and areas where people would gather – the Gandhipuram bus stand, Singanallur bus stand, Vadavalli bus terminus, near Railway Junction and at another place. These bins will be for people to dump water bottles and soft drink containers. Once the bins reach its full capacity, the Corporation would ask the agency or agencies contracted to clear the bins. These agencies will also have... Read more.. Date : Apr 7 Source: The Hindu
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Assocham urges Tamil Nadu government to expedite approval on solar projectsThe Associated Chamber of Commerce and Industries today urged the Tamil Nadu Government to expedite the adoption of solar power tariff by the State Electricity board along with the approval of power purchase agreements, saying the delay has affected investment proposals. "Delay in the approval of PPAs and tariff suggested by Tamil Nadu Electricity Regulatory Commission have severely affected investment proposal for solar power projects as lenders (banks) have shown serious concern on tariff and viability of the project", ASSOCHAM Secretary General D S Rawat said in his letter to... Read more.. Date : Apr 4 Source: Economic Times
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India Solar Cell Makers Deny Price-Gouging ClaimsIndian solar-power developers and their suppliers will meet with government officials to try to resolve a price dispute that risks handing ammunition to U.S. exporters complaining they face unfair trade hurdles. The officials will meet with both sides this week, said Rajendra Nimje, head of state-run Solar Energy Corp. of India, which ran the central government’s $900 million auction of solar permits for 750 megawatts of capacity in February. Tata Power Solar and Indosolar Ltd. (ISLR), among India’s largest solar-cell makers, denied raising prices after projects were awarded... Read more.. Date : Apr 4 Source: Bloomberg
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Tata Power to add 849.2 MW more from diverse energy sourcesThe Tata group's power utility has a total generation capacity of 8,560 MW, of which 7,647 MW run on fossil fuel, while 912 MW run on green energy sources. "As one of the largest private sector power generators in India, we have a strong track record of successfully implementing large and complex projects across the power sector. We believe that our presence across the value chain provides us with advantages over competitors as the Indian electricity market continues to privatise, liberalise and evolve," Anil Sardana, managing director, was quoted as saying in the statement. ... Read more.. Date : Apr 4 Source: Economic Times
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Green buildings registered base crosses 2 billion sq ft markThe green building movement in India has gathered pace and has achieved a major landmark of crossing two billion sq ft of registered buildings spanning over 2,400 projects. This is next only to the US. This is a significant development for the green building movement in country, which has caught the imagination of commercial buildings, private and public institutions, Government offices, heritage buildings and homes as the cost to go green has come down over the years, S Raghupathy, Executive Director of CII-Godrej Green Business Council, said. The cost of setting up a green... Read more.. Date : Apr 4
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Solar Energy Corp gets electricity trading licenceSolar Energy Corporation of India, which has been set up to develop the solar power sector, has received inter-state electricity trading licence. The Central Electricity Regulatory Commission (CERC) has approved 'Category III' inter-state power trading licence to the company. Among others, an entity should have a net worth of Rs 5 crore to be eligible for trading licence under Category III -- where there is some limit on volumes of electricity that can be traded. "We are satisfied that the applicant company meets the requirements of the (Electricity) Act and the... Read more.. Date : Apr 4 Source: Business Standard
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Suzlon Energy drops on profit takingSuzlon Energy lost 1.59% to Rs 11.17 at 15:14 IST on BSE, with the stock sliding on profit booking after recent steep rally. Meanwhile, the S&P BSE Sensex was down 48.30 points or 0.21% at 22,503.19. On BSE, so far 13.36 lakh shares were traded in the counter as against average daily volume of 14.34 lakh shares in the past one quarter. The stock was volatile. The stock lost as much as 2.73% at the day's low of Rs 11.04 so far during the day. The stock rose as much as 2.2% at the day's high of Rs 11.60 so far during the day. The stock had hit a record low of Rs 5.... Read more.. Date : Apr 4 Source: Business Standard
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Surat moves towards becoming a solar cityThe Diamond City will start producing nearly 3.35 lakh units of solar power per annum from next month. Solar roof top panels with a capacity of generating 1,250 kilowatt (kw) are functional at 15 places. Surat is to become one of the solar cities in India under the solar mission of Union ministry of new and renewable energy (MNRE). Surat Municipal Corporation (SMC) started production of solar power last April by installing 500 kw solar panels atop Science Center and has produced 1.35 lakh units of... Read more.. |
Electric vehicles losing their popularity in IndiaIndia's move to popularise electric vehicles has skidded on policy flip-flop and consumer propensity to opt for the cheaper fossil fuel-driven variants. The size of the domestic market for electric vehicles, primarily two-wheelers, has more than halved over the past two years, forcing about half a dozen manufacturers like BSA Motors, Ultra Motors, Luminous and Eco Motors to shut shop. The number of electric two-wheelers on Indian roads plunged by 1,00,000 in five years to 4,00,000 in 2013, a drop manufacturers blame on inadequate... Read more.. |
