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Sustainability Outlook Headlines
Clean energy investment falls for second yearGlobal investment in clean energy was $254bn last year, down from a revised $288.9bn in 2012 and the record $317.9bn of 2011, according to the latest authoritative figures from research company Bloomberg New Energy Finance. The reduced volume of investment in 2013 reflected two main influences – a continued sharp reduction in the cost of photovoltaic systems, and the impact on investor confidence of shifts in policy towards renewable power in Europe and the US. The two biggest investing countries, China and the US, both saw their dollar commitments fall in 2013. China... Read more.. Date : Jan 16 Source: BNEF
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TERI and ADARSH launch GRIHA rating for SchoolsADaRSH in association with The Energy and Resources Institute (TERI) and Ministry of New and Renewable Energy (MNRE) today launched its fifth edition of its flagship event the “GRIHA Summit” 2014. On the occasion, TERI and ADaRSH launched the GRIHA PRAKRITI (ratings for schools). It aims to help in creating a more sustainable education system by imparting environmentally ethical values among the students and the faculty. The intent is to extend learning beyond classrooms and develop responsible attitudes that result in reduction of wasteful consumption, sharing and caring for the... Read more.. Date : Jan 16 Source: India Education Diary
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Vodafone India moved 265 towers on green technology in FY'2013Country's second biggest telecom operator Vodafone India moved 265 towers on green technology in financial year 2012-13, taking their total number to 2,700. "Vodafone was first first telecom operators to publish annual sustainability report in 2011. This year we are proud to first one in India publish report based on recently introduced GRI standards-G4 guidelines," Vodafone India Chief Operating Officer Sunil Sood said while releasing the latest sustainability report today. GRI is a an... Read more.. |
Businesses wise up to supply-chain water risksThe Elk River in West Virginia made headlines around the world when a small and preventable chemical spill there left more than a quarter-million people without clean water for more than a week. Most water risk, however, is much less dramatic. Colombian beer-maker Bavaria Brewery, for example, realized the extent of the risk it faced when its water bills began increasing a few years back. The cause, it turned out, was a gradual shift to cattle-ranching and farming [PDF] on the high-altitude grasslands above Bogotá, known in Spanish... Read more.. |
Pitroda bats for smart grid systemStrongly batting for development of smart grid system to ensure efficient distribution of power in the country, Advisor to Prime Minister on Infrastructure and Innovation Sam Pitroda said power industry should learn from telecom sector and work for developing distributed power from micro grids. Speaking at the national conference on Smart Grids at the PHD Chamber of Commerce and Industry here, Mr. Pitroda said privatisation of telecom sector has brought about distributed telecom. “Similarly we require distributed power from all... Read more.. |
Clean Energy Investment Sags Amid Mounting Climate RisksDespite Wall Street’s nascent rediscovery of green stocks, global investment in alternative energy declined by 12 percent last year. According to a Bloomberg New Energy Finance report, investment was scaled back in both the U.S. and China – for China it was the first year without growth in the sector in a decade – and plunged by nearly half amidst austerity in Europe. “Why is Goldman Sachs investing? Why is Warren Buffet investing? The answer is these aren’t dumb players." -- Michael Liebrich The solar sector led the decline, as plummeting prices for photovoltaic... Read more.. Date : Jan 16 Source: IPS News
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Ship owners scrap 1119 ships during 2013 on the back of oversupply issuesScrapping of older vessels is still the best bet that ship owners can make, in order to improve their newer vessels' fortunes, amid an oversupply of tonnage, which has plagued most shipping markets over the past couple of years. As such, it can only be deemed a good thing that owners scrapped a total of 1,119 ships over the course of 2013, making it an exceptional year for the ship breaking industry. According to figures compiled by shipbroker Lion Shipbrokers, "the majority of scrapped tonnage was bulkers, followed by general cargo vessels, containers, tankers and passenger-ships, while... Read more.. Date : Jan 16 Source: Carbon Positive
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BEE plans to revise energy rating norms only at longer intervals for electronicsLittle did Chennai-based engineer Priyanka Sachdev realise that after spending a shade below 25,000 for a five-star rated refrigerator - the most energy efficient - last Diwali, it would turn out to be a not-so-energy efficient model this year. She was not told by the salesman that energy efficiency rating norms would be revised from 2014, turning a five-star refrigerator into a three-star one from January. Sachdev is among millions of consumers who suffer a notional loss after paying a premium to buy an energy-efficient appliance... Read more.. |
Fossil fuel industry should go green: UNUnited Nation climate boss Christiana Figueres urged the fossil fuel industry and investors to go green as the world continues to hurtle towards dangerous levels of warming. The science linking human activity, especially the dependence on fossil fuels, to global warming is now stronger than ever before, yet investments in fossil fuels continue to rise. The call comes as the Indian government has cleared the way for a massive expansion in coal production, indicating continued dependence on fossil fuel based energy. Addressing the 2014 Investor Summit on Climate Risk being... Read more.. Date : Jan 16 Source: Economic Times
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Massive investments, emission cuts needed: UN climate science panelThe U.N. climate science panel’s yet to be released report will come up with a dire warning that the world would have to reduce greenhouse gas emissions by 40-70% below 2010 levels by 2050 in order to have a fair chance to keep the rise in the global temperature below 2 degree Celsius. This warning is one of the key summations in the Fifth Assessment report of Working Group III of the Inter-governmental Panel on Climate Change (IPCC). The Hindu accessed the final draft of the report’s summary for policymakers, which works like a... Read more.. |
Fuel quality norms are need of the hour: TERIWith rapidly escalating growth in vehicle numbers in India and air quality deteriorating as a result of emissions, environmental research leader TERI has called for stringent vehicular emission and fuel quality norms if future ambient pollution levels are to be brought down. In a study unveiled Wednesday, The Energy and Resources Institute (TERI) revealed that "around 80 percent of Indian cities violate the standards of prescribed air quality, exposing their residents to detrimental levels of health-damaging air pollutants. ... Read more.. |
Sun to occupy centre stage in India's energy mixElectricity-hungry India is flipping the switch on huge new solar energy projects to fuel its growing economy, using cheap — mainly Chinese — foreign technology to reduce once sky-high generation costs to competitive levels. Since 2010, India has hiked installed solar power capacity from a meagre 17.8 megawatts to more than 2,000MW, official figures show, as part of Prime Minister Manmohan Singh's aim to make "the sun occupy centre-stage" in the country's energy mix. Key to the progress has been a... Read more.. |
PPP model adopted to convert waste into biogasThe Bruhat Bangalore Mahanagara Palike (BBMP) has joined hands with private firms to convert waste into biogas. A biogas bottling planthas been set up at Huskur in Doddaballapur to process organic waste into biogas which will then be compressed into cylinders. These cylinders, its makers say, can replace the regular liquefied petroleum gas (LPG) for commercial applications. BBMP Commissioner M. Lakshminarayana said the bottled biogas could be supplied to the nearby villagers. The organic waste treatment and bottling plant was developed with the support of the Ministry of New and... Read more.. Date : Jan 16 Source: The Hindu
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Chinese solar companies lead clean-tech investment successChinese solar companies were among the leading performers within the clean-tech sector in securing venture investment during 2013, a report reveals. The i3 deal tracker published by market intelligence group Cleantech Investment named JA Solar and solar developer Hefei Golden Sun Energy Technology among 2013’s top players in closing investment deals. Overall Chinese clean-tech companies secured some RMB5.6 billion (US$920 million) of venture investment during 2013 across 48 separate deals in 2013... Read more.. |
India's solar growing painsWhat is going on in India? After a stalled 2013, some had been hoping for a more positive 2014. But with the auction for 750MW of PV projects under the first part of the second round of the JNNSM solar mission delayed from its original December date to the end of January (the second time it has been postponed), the fulfilment of that ambition has not had the best of starts. Indeed the delay of the auction highlights some real concerns among the solar community. Not least of these is the viability of the auction mechanism devised by the Indian government under JNNSM II. Project... Read more.. Date : Jan 16 Source: PV Tech
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Govt looking at ways to reduce smart grid tech costsVarious options are being studied to reduce the cost of smart grid technologies, which will help in bringing down overall transmission and distribution losses in the power sector, a Planning Commission member said today. Smart grid technologies would help in ensuring efficient power system and pilot projects in this regard have already been identified by the government. Planning Commission Member B K Chaturvedi said that an exercise is underway to reduce the cost of smart grid technologies. ... Read more.. |
Indian Market for Air and Water Treatment Equipment Will Reach $23 BillionThe world flow control and treatment market will rise to $345 billion in 2014. India will represent 8 percent of the total. The power, water and pharmaceutical industries are among those which are increasing purchases at double-digit rates. India will buy 22 percent of all the precipitator systems and parts this year. Precipitators are the primary collection device in India to capture the flyash emitted from coal-fired power plants. Fifty percent of India s emissions came from the coal-fired power sector. ... Read more.. Date : Jan 15 Source: Impeller Net
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India Is Building The World's Largest Solar Plant For $4.4 BillionElectricity-hungry India is flipping the switch on huge new solar energy projects to fuel its growing economy, using cheap -- mainly Chinese -- foreign technology to reduce once sky-high generation costs to competitive levels. Since 2010, India has hiked installed solar power capacity from a meagre 17.8 megawatts to more than 2,000MW, official figures show, as part of Prime Minister Manmohan Singh's aim to make "the sun occupy centre-stage" in the country's energy mix. Key to the progress has been a rapid fall in the cost per unit of solar electricity to close to what is... Read more.. Date : Jan 15 Source: Business Insider
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Welspun signs MOU to build 150 MW PV plant in IndiaWelspun Energy Ltd. (New Delhi) has signed a memorandum of understanding (MOU) with the Indian state of Punjab to build a 150 MW solar photovoltaic (PV) plant in the state. Welspun plans to invest INR 1300 crore (USD 210 million) in the project over the next three years, and expects to commission the plant by 2017. The company is currently developing a 35 MW PV plant in Punjab. “Our position as the leading clean energy developer in the country makes us the ideal partners for this project,” notes Welspun Energy Managing Director Vineet Mittal. “We look forward to... Read more.. Date : Jan 15 Source: Solar Server
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YES Bank, TERI inks MoU on sustainable growth in IndiaIndia's fourth giant private sector Bank, YES BANK and TERI BCSD, an independent CEO-led industry body mainstreaming sustainability in business, inked a Memorandum of Understanding (MoU) for pacing up force for sustainable development, environmental management, social responsibility and sustained economic performance, among Indian corporate, MoU also incorporates program towards Natural Capital which India would be talking at the 40th G8 summit in June 2014. For YES BANK, this MoU is an enabler with the BFSI sector on responsible finance, financial inclusion especially focusing on... Read more.. Date : Jan 15 Source: 4 Traders
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DJB plans rules on water reuseDelhi Jal Board has decided to prepare guidelines for the city's water recycling and reuse plans. In a recent meeting, DJB decided to set up decentralized sewage treatment plants in future to reduce the cost of conveyance of sewage and infrastructure for supplying treated effluent. "A 23 million litres per day plant at Kapashera has been commissioned and the treated water will be used in the hospitality sector around the international airport and for horticulture. A 10 MLD tertiary treatment plant will be constructed at Okhla STP from where treated effluent will be made... Read more.. Date : Jan 15 Source: Times of India
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Kozhikode corporation moots advanced waste plantKozhikode corporation authorities are planning to set up an advanced waste treatment plant at the Njeliyanparamba trenching ground using sophisticated technology. The civic body has already submitted detailed project report on two proposals to the state government to present it at the investors meet to be held in Kochi in February. The proposals include advanced slaughter house at Kothi and waste treatment plant at the trenching ground. Kozhikode corporation mayor A K Premajam said that the civic body is planning to set up the advanced treatment plant using most... Read more.. Date : Jan 15 Source: Times of India
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Two Pennar Industries' subsidiaries bag Rs 70-cr projectsPennar Enviro Ltd and Pennar Engineered Building Systems, subsidiaries of Pennar Industries, have bagged new projects worth Rs 70 crore from various companies including construction of a 50-MW solar power plant for National Thermal Power Corporation. The company has bagged an order for setting up a 50-MW solar power plant for NTPC in Singrauli, Madhya Pradesh, Pennar Enviro said in a BSE filing. Similarly the company has bagged an order from JSW Dolvi and also received another order for commissioning of a demineralisation plant of 5.5MLD capactiy in Mangalore. An... Read more.. Date : Jan 14 Source: Business Standard
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Chemical pollution linked to infection, bladder cancerThe unchecked discharge of chemical waste into Yamuna from industries in Haryana is threatening to wash away the gains made by Delhi over a decade after industrial units in the city were closed or relocated. Experts say the pollutants are causing water toxicity and illnesses associated with it. Gastrointestinal infections, typhoid, anemia, kidney and liver damage are some of the common health problems associated with chemical pollutants. Doctors say high levels of amine, a derivative of ammonia, is known to cause urinary bladder cancer. "There is no anecdotal evidence or... Read more.. Date : Jan 14 Source: Times of India
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Intelligent Energy inks deal to deliver clean fuel cells to Indian telco sectorIntelligent Energy has today inked a major deal with one of India's leading telco giants, underlining its position as one of the world's leading providers of fuel cell technologies. The UK-based company announced that it has inked a "multi-million dollar, multi-year agreement" with Ascend Telecom Infrastructure Private Limited, which provides mobile network infrastructure to mobile operators across India. Under the terms of the deal, Intelligent Energy is to provide its fuel cell generators as a clean, efficient and low cost alternative to the diesel generators that are commonly... Read more.. Date : Jan 14 Source: Business Green
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