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Sustainability Outlook Headlines
India’s first solar Renewable Energy Certificates issued, to M&B SwitchgearThe country’s first solar ‘Renewable Energy Certificates’ were issued today. NSE and BSE-listed M and B Switchgear Ltd was issued 249 RECs by the National Load Despatch Centre in New Delhi. RECs are generation-based ‘certificates’ awarded (electronically, in demat form) to those generating electricity from renewable sources such as wind, biomass, hydro and solar, if they opt not to sell the electricity at a preferentially higher tariff. These certificates are tradeable on the power exchanges and are bought by ‘obligated entities’ that are either specified consumers or... Read more.. Date : May 25 Source: Hindu Businessline
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Makers to be forced to recall energy inefficient productsThe Bureau of Energy Efficiency (BEE) is planning to force manufacturers of energy star rated consumer durables to recall their products till they achieve the promised performance norms, said a senior official here Wednesday. "We have recommended that manufacturers should recall immediately from the market their products once we prove that they do not meet the energy efficiency norms. Today companies have two months' time to set right the deficiencies in their product, though nothing prevents them from selling the faulty products," S.P. Garnaik, energy economist at BEE, part of... Read more.. Date : May 24 Source: News Track India
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Dutch students hail Mumbai’s green buildingTen students from the Eindhoven University of Technology in the Netherlands visited the Marathon Futurex building in Lower Parel on Tuesday. Marathon Futurex is gold certified by the Indian Green Building Council. “The Marathon Futurex project is an energy-efficient, unique architectural project,” said Richard, one of the students. “It has brought nature inside the building with several sky gardens and open spaces.” Managing director of Marathon Group, Mayur Shah said that this visit by students from the Netherlands reflects a “reverse trend.” “Indians generally tend to visit... Read more.. Date : May 24 Source: Daily News and Analysis
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India proposes 10GW of solar energy between 2012 and 2017The government of India has issued a proposal to add approximately 10GW of solar energy to the grid between the years 2012 and 2017. The proposal has been submitted to the Indian planning commission and the full proposal further includes targets for other energies, such as wind power, bio-power and hydropower. The Indian Jawaharlal Nehru National Solar Mission has a target of adding 20GW of solar energy to the national grid by 2022. Date : May 24 Source: PV Tech
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Seagrass can help mitigate climate changeSeagrasses can hold as much carbon as the world's temperate and tropical forests and play an important role in mitigating in climate change, says a first global analysis conducted by researchers. Results gathered from 3,640 observations of 946 distinct seagrass meadows across the globe show that coastal seagrass beds store up to 83,000 metric tonnes of carbon per square kilometre, mostly in the soils below them. Comparatively, a typical land forest stores around 30,000 metric tonnes per sq.km. "These results show that seagrass meadows are key sites for carbon storage and... Read more.. Date : May 23 Source: Zee News
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Goldman sets $40 bln clean energy investment planGoldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its economists got excited about emerging markets in 2001. Goldman executives said this week that demand for alternative energy sources will grow with global energy demand, and as big manufacturing countries, including China and Brazil, set more aggressive targets for reducing emissions. The bank plans to finance deals with clients' money and, to a lesser extent, its own funds... Read more.. Date : May 23 Source: Reuters
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Clean energy capacity addition crosses 25,000 mw mark in FY12With highest ever-annual capacity addition, the country has achieved a landmark in clean power segment in FY 2011-12. The grid-connected renewable energy capacity in India has touched 25,000 mw in FY12. “The total installed capacity of grid-interactive renewable power has reached about 25,000 mw by the end of 2011-12. Of this, about 5,000 mw generation capacity was added during FY12 and that was the highest ever renewable capacity addition in any one year,” said UPA Report to the People 2011-12. “We are harnessing wind, solar and bio-power as never before. These efforts are helping... Read more.. Date : May 23 Source: MyDigitalFC
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Policy uncertainty threatens capacity addition in wind sectorThe wind power industry fears that capacity addition will suffer due to policy uncertainty. Specifically, the generation-based incentive scheme that offered 50 paise a unit of electricity has not been extended. The industry is hoping that the Ministry for New and Renewable Energy will get this scheme extended for the 12{+t}{+h} Plan period too. Besides, the facility of accelerated depreciation – which allowed a higher depreciation for calculating taxable profits in the first year of buying the wind turbine – has been discontinued from April 1. Those putting up wind turbines for... Read more.. Date : May 23 Source: Hindu Business Line
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E&Y releases detailed report on water usage in IndiaReforms in water policy and pricing, sustainability in industrial water use, improvement in performance of utilities and mobilization of the private sector have the potential to address water-related challenges, a detailed report on use of water by Ernst & Young has indicated. The report titled 'Riding the Wave' was released by Suresh Prabhu, global ambassador of Global Water Partnership at a conference in Mumbai on Wednesday. The survey has also pointed out that Kolkata has the weakest 'working ratio' in performance of water utilities followed by Jaipur and Delhi. The... Read more.. Date : May 23 Source: Economic Times
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Low-cost solar thermal solutions launched for Indian industriesMaharishi Solar Technology has announced the launch of its parabolic trough, which it describes as “a low cost solar solution for Indian industries”. The technology is a result of the strategic tie-up with Abengoa Solar, a world leader in delivering solar technology solutions. Speaking on the occasion, Mr. Pradeep Khanna, CEO, Maharishi Solar Technology (P) Limited said, “We are pleased to launch Parabolic Trough in India, a technology that can save million tons of fossil fuel that is being used annually. It is an... Read more.. Date : May 23 Source: Renewable Energy Magazine
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Better biz models needed for sustainabilityWhile organizations recognize sustainability as a critical and worthwhile investment to future business growth, concerns over the greater costs, and thus lower margins, in the short term indicate many have yet to figure out how to achieve sustainable growth profitably, according to Accenture. In its report released Wednesday, Accenture found that 44 percent of organizations globally considered sustainability as critical to their businesses while 48 percent viewed it as very important. Also, 78 percent agreed that sustainability was vital to their future growth, whereas only 17... Read more.. Date : May 23 Source: ZDNet
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Which countries produce the most wind energy?The world was producing nearly 238 gigawatts (GW) of wind energy as of the end of 2011, with the fastest development of new capacity taking place in China and India. That total comes to about 3 percent of the world’s current electricity consumption, according to the World Wind Energy Association. Together, China and India accounted for more than half of newly installed wind power last year, notes the Global Wind Energy Council. It was the second year in a row in which wind energy capacity growth was dominated by countries outside the OECD (Organisation for Economic Co-... Read more.. Date : May 23 Source: Greenbang
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Biomass-based power producers seek regulators' help to resolve issuesAmid growing regulatory and administrative uncertainties the biomass-based power producers have sought the intervention of Forum of Regulators (FoR) for early resolution of issues relating to open access, cross subsidy, CDM sharing, penalty clause imposed by certain distribution companies for maintaining plant load factor and the tariff structure. These producers have argued that the tariff fixed by the state electricity regulatory commissions was unremunerative as rising prices of biomass, which was sourced by producers against cash payments, were not captured properly. Besides, they said... Read more.. Date : May 23 Source: Business Standard
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Vapi returns to top, is again most polluted in IndiaThe polluted underbelly of state’s industrial development has come back as a grim reminder of what’s hidden under the facade. In Central Pollution Control Board’s interim report 2011 of Environmental Pollution Index, Gujarat has the dubious distinction of playing host to the most polluted industrial cluster of the country in Vapi. Gujarat along with Uttar Pradesh has the highest number of industrial sites/clusters figuring in the list. This was revealed in the 2011 interim assessment report of Comprehensive Environmental Pollution Index (CEPI) done for CPCB. Additionally,... Read more.. Date : May 23 Source: DNA
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Alstom grants Euros 90K to Husk Power Systems Project for a green projectAlstom disbursed a Euro 90K grant to a husk power systems project which aims to minimize water usage by over 80% and save 150,000 tons of CO2 by 2014. Alstom, as part of its commitment towards social responsibility announced launch of Dry Gasifier project in India in collaboration with Husk Power Systems(HPS) -USA, one of the world's lowest cost providers of biomass based renewable energy equipment. A part of the grant from Alstom Foundation will be used in finalizing a Dry Gasification process for low-cost manufacturing and retro-fitting these dry gasifiers at the existing... Read more.. Date : May 23 Source: Economic Times
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No Permission Required for Solar Energy ProjectsThere is no requirement of getting “go ahead” from the Government of India for setting up solar projects. There are some schemes under which some support is provided as per guidelines contained therein. The Government is encouraging setting up solar energy projects. The Government has brought out schemes for setting up grid connected solar power projects and to promote various off grid applications. In addition, the Government notified reduced customs duty and exemption from excise duty on all items of machinery required for the initial setting up of a solar power generation project... Read more.. Date : May 23 Source: PIB
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Solar Energy Research and Education to get a Big Boost in IndiaSolar Energy Centre (SEC), an R & D institution of the ministry of new and renewable energy (MNRE) and Delhi Technological University (DTU) today signed a Memorandum of Understanding (MoU) for undertaking joint research and education programmes in the field of renewable energy. The research and education programmes initiated under the MoU include Joint M. Tech Thesis Supervision and Practical Courses for M. Tech registrants at DTU, Joint Ph.D. programme, Joint Research and Consultancy Projects with DTU Faculty, Joint Refresher Courses for the Industry and Joint Conferences,... Read more.. Date : May 23 Source: Economic Times
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EU confronts post-2030 renewables policy vacuumThe EU is facing an energy policy vacuum after a firm set of policy goals for renewable energy, carbon cutting and energy saving expires in 2020. To open a policy debate on what happens next, the Commission is preparing a communication on renewable energy, for an expected publication next month. A draft version, which may change, predicts that unless new policy goals are agreed until 2030, a business-as-usual scenario would limit the growth of renewable energy to a 25% share of Europe’s energy mix by 2030, and a 29% stake by 2050. The sector's growth would decline from... Read more.. Date : May 22 Source: Euractiv
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Second National Communication to the UNFCCC - Climate ChangeThe Minister of State (I/C) for Environment and Forests Smt. Jayanthi Natarajan today informed the members of Lok Sabha that towards fulfilment of reporting obligations regarding implementation of the Convention, being a Party to the United Nations Framework Convention on Climate Change (UNFCCC), India has submitted its Second National Communication (a report) to the UNFCCC in May, 2012. The report contains information on greenhouse gas emissions of anthropogenic origin from sectors such as energy, industry, agriculture, land use, land use change and forestry and waste for the years 2000... Read more.. Date : May 22 Source: PIB
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100 pc fund for solar projects in NE likelyThe Centre is likely to clear the proposal for hundred per cent funding of solar power projects in the North East, with the Ministry of New and Renewable Energy endorsing the demand of the Power Ministers of the region. Replying to a supplementary question in the Rajya Sabha on Monday, Union Minister for New and Renewable Energy Dr Farooq Abdullah announcing that he wanted to share ‘one good news’. “I met the Power Ministers of the North East, and the North East gets 90 per cent assistance from the Government of India.” But all the Power Ministers of the North East... Read more.. Date : May 22 Source: The Assam Tribune
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India Targets Doubling of Renewable-Energy Installations to 2017India plans to more than double its amount of clean power generation capacity to almost 53,000 megawatts by 2017 under the latest five year plan. India plans to add 29,800 megawatts of renewable power generation in five years, more than twice the 12,871 megawatts added during the previous five year plan, according to data from the Ministry of New and Renewable Energy. Over the coming period, the nation plans to add 15,000 megawatts of wind farms, 10,000 megawatts of solar power, 2,700 megawatts of power based on biomass and biofuels, and 2,100 megawatts of small hydroelectric... Read more.. Date : May 22 Source: Bloomberg
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Lessons from Paris to make Indian cities healthierParis is a city changed, for the better. When I last visited it 16 years ago, as a young, poorly travelled person at their first job, I liked it as tourists do. Last week, I saw it with older, green eyes. I was struck by the success of its cycling programme. If you are fairly fit in Paris today, and the weather tolerable, you don't need a car. Metro apart, there are hundreds of cycles to rent. In this city of 11 million, well-dressed men and women frequently whizz by. This in the midst of a very motorised city with full car parks. Indian cities should learn. Our air pollution... Read more.. Date : May 22 Source: Hindustan Times
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India shines as new star in solar power marketWith the global solar power market saddled with oversupply from Chinese makers while demand shrinks in Europe amid the region's debt crisis, eyes have turned to India as one of the fastest growing new markets. For India, which is highly dependent on fossil fuel energy sources and plagued with constant power shortages, alternative energy is an attractive option. The government's goal is to achieve 20 million kilowatts of installed solar capacity by 2022. At an investment conference in the west Indian state of Gujarat in April, electricity operators from Canada, Australia,... Read more.. Date : May 22 Source: The Mainichi
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To Help Ensure Operational Readiness, Navy Recruits Players for Online Wargame to Tackle Energy ChallengesThe Navy's Energy and Environmental Readiness Division (OPNAV N45), together with the Office of Naval Research (ONR) invites civic and military collaboration in energyMMOWGLI (Massive Multiplayer Online Wargame Leveraging the Internet). The game will build on efforts to improve the U.S. Navy's combat capability and energy security, particularly by promoting energy efficiency and diversifying its energy supply (use of alternative energy), which will ultimately reduce reliance on fossil fuels from overseas. Scheduled to run for 3 days starting this Tuesday, May 22, energyMMOWGLI will... Read more.. Date : May 22 Source: Yahoo Finance
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Eco-friendly buildings in RanchiLike Delhi, Mumbai, Pune and other big cities, Ranchi will also get green buildings now. Central Institute of Psychiatry Kanke, National Law University (constructed last year), Indian Institute of Management Ranchi, which is under construction, and Central University of Jharkhand, are among the first buildings to have subscribed to the idea. This concept will lead to less energy consumption and will provide more comfort to the occupants. Consultant of the Association for Development and Research of Sustainable Habitats (ADaRSH) R S Prasad said, "It is extraordinary that... Read more.. Date : May 22 Source: Times of India
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