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Sustainability Outlook Headlines
India Seeks To Conduct Flight Trials Using BiofuelsState-run Indian Oil Corp. (530965.BY) is working on conducting flight trials with biofuels in association with UOP LLC, Airbus and Kingfisher Airlines Ltd. (532747.BY), the junior oil minister said Thursday. The biofuel being tested is an equal mix of bio-jet green fuel and normal aviation turbine fuel, R.P.N Singh told lawmakers in a written reply in the lower house of parliament. Aviation turbine fuels contribute significantly to greenhouse gas emissions and bio-jet fuels are expected to make significant cuts in that. India joins China in the race for bio-jet fuels... Read more.. Date : Mar 29 Source: NASDAQ
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Unilever tops sustainability leadership list for a second yearConsumer products behemoth Unilever rode the top spot among corporate sustainability leaders for a second consecutive year, according to the latest survey of industry experts and professionals by research firm GlobeScan Incorporated and SustainAbility Ltd., a think tank and strategy consultancy. Highlights of the survey results, which were released today in London, also show that the Patagonia outdoor clothing and gear company, Nike, Siemens, IBM and Nestle have edged into the list of leading firms. However, the 825 sustainability experts who responded to the survey this year... Read more.. Date : Mar 29 Source: GreenBiz
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Greenko Group buys 56 MW hydro assets in India for $56.9 millionClean energy producer Greenko Group PLC said it had acquired two hydro assets in India for 42.7 million euros ($56.9 million), and said its business outlook continues to be favourable. The Indian company, which has been hurt by a weak market for carbon credits, said it expected revenue of about 39 million euros and core earnings of about 20 million euros for the year ending March 31. The company, which secured investments from GE and Standard Chartered last year, also reiterated that it was fully funded to meet its target of operating 1,000 megawatts of assets in 2015. ... Read more..Date : Mar 29 Source: Economic Times
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Brussels says could drop carbon levy on non-EU airspaceThe European Union would consider limiting its new aviation carbon levy to its own airspace, but only as part of a global deal on plane emissions, a senior commission official said on Tuesday. But he said such a scheme would be technically difficult and was unlikely before a U.S. presidential election in November. A new law to charge a carbon levy on flights in and out of the European Union officially took effect on January 1, prompting warnings from governments, airlines and planemakers it could lead to chaos in the skies and a trade war. Nations such as China, India... Read more.. Date : Mar 29 Source: Reuters
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Project to generate power from waste approvedThe Bruhat Bangalore Mahanagara Palike (BBMP) Council on Wednesday approved the setting up of a plant to generate power from waste, even as the Opposition members raised objections. The project will be implemented on BOT (Build-Operate-Transfer) basis by Ramky Energy and Environment Ltd. at Mavallipura. According to the proposal, 1,000 tonnes of garbage will be used as raw material to generate 10 MW of power. The Karnataka State Pollution Control Board and Airports Authority of India have already approved the project. Opposition Leader M. Udayshankar pointed out that... Read more.. Date : Mar 29 Source: The Hindu
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Minister seeks expert opinion on Nalco ash pondUndecided over arguments placed by National Aluminum Company (Nalco) and State Pollution Control Board (SPCB) on whether to permit the height increase of the aluminum maker's ash pond tanks, Debi Prasad Mishra, minister of forest and environment of Orissa government has sought an expert committee opinion over the issue. “The minister agreed to have a third opinion from any reputed IIT (Indian Institute of Technology), to be referred by SPCB,” Nalco said in a press note after its discussion with the state government over ash disposal system on Monday. Nalco has been demanding... Read more.. Date : Mar 29 Source: Business Standard
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RRBEL forays into MW class wind turbinesRRB Energy Limited (RRBEL) has developed a state of the art 1.8 MW Wind Electric Generator (WEG), using in-house R&D expertise and with the help from world class consultants. The new 1.8MW WEG (PS-1800kW WEG) has received C-design assessment certificates from Germanischer Lloyd (GL), Germany for two hub heights viz. 80m and 100m. A-design assessment is under progress and is expected to receive the same certification by middle of this year. The first RRBEL prototype PS-1800kW WEG has been successfully commissioned some time back in the State of Tamil Nadu. By launching the 1.8 MW... Read more.. Date : Mar 29 Source: Construction Week
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Shanghai Electric to set up plant in IndiaChinese power equipment major Shanghai Electric Corp (SEC) plans to set up a manufacturing plant in India, which has a huge demand for its products, but the company is concerned about clarity of policies in the country, a top company executive said. SEC has joined hands with France's Alstom to float a 50:50 joint venture company in India to manufacture boilers for large power plants and offer related maintenance services, Shanghai Electric Power Generation Group's president Zheng Jianhua said. The company has already made a mark in the Indian market. In 2007, SEC signed $8.3... Read more.. Date : Mar 29 Source: Economic Times
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Prices fall on REC market at end of first yearIn the last trading session of the first year of ‘renewable energy certificates' trading on Wednesday, prices of the certificates fell 5.4 per cent on the Indian Energy Exchange, the exchange that accounts for over 95 per cent of REC trading. This, according to market observers, is perplexing, because everybody was expecting prices to rule firm, as Wednesday was the last opportunity for the ‘obligated entities' to meet their renewable purchase obligation this year. “The results are certainly disappointing for all the sellers and reflects the need for stronger enforcement signals,”... Read more.. Date : Mar 29 Source: The Hindu Business Line
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PM offered Pakistan 5,000 MW electricityPrime Minister Manmohan Singh offered to provide Pakistan 5,000 MW of electricity during a meeting with Pakistan Prime Minister Yousuf Raza Gilani on the sidelines of a nuclear security summit in Seoul, according to a Pakistani media report on Wednesday. Singh made the offer during a brief interaction with Gilani in the South Korean capital, The News daily quoted its sources as saying in a report on its website. The electricity could help meet Pakistan's energy requirements on an urgent basis and "could be transmitted through Punjab without much delay", the report said. ... Read more..Date : Mar 29 Source: IBN Live
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Solar power generation still behind scheduleThough 21 solar projects of 28 in the first batch are ready to supply electricity, at least nine haven’t begun production, according to two people involved with India’s solar mission. The delay prevails, even after 14 of the 28 projects that were expected to generate 140 megawatts (MW) of solar power were fined for missing deadlines in January and are now expected to begin supplying power—after adjusting for delays—from the first fortnight of March. India’s ambitious solar mission aims for the country to generate 20,000MW of solar power in the next decade. Of these, projects... Read more.. Date : Mar 29 Source: Livemint
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Rice husk, solar energy to solve India's power issuesIf all goes well, rice husk and solar power — two very unlikely entities — will together provide rural India with a twin solution to its problems of power shortage and lack of storage for agriculture produce. What's more, the evolving system promises zero emission of pollutants as well. The government's Solar Energy Centre has managed to make use of rice husk and solar power, which are both being wasted at present, to come up with a technological marvel that would prevent wastage of food grains in rural India. "Around one-third of the agriculture produce goes waste in the absence of... Read more.. Date : Mar 29 Source: Hindustan Times
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Echelon Enables Micro Grids In India and South AfricaEchelon Corporation (NASDAQ: ELON) today announced two micro grid deployments in India and South Africa that integrate distributed generation to compensate for disruptions in utility-supplied power. The deployments are built on Echelon’s proven, open standard, multi-application energy control networking platform powered by its Control Operating System (COS) and incorporate application software and services from its local partners Grene Robotics and Power Meter Technics (PMT). The first-of-its-kind in the two countries, the micro grid deployments involve dynamically managing demand and... Read more.. Date : Mar 29 Source: Greentech Media
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Eco-friendly toilets for AkkalkotThe Maharashtra Tourism Development Corporation (MTDC) has taken an eco-friendly measure of installing bio-digesters in two public toilet blocks at the pilgrim centre of Akkalkot, about 45 km from Solapur. Bio-digesters convert organic waste into nutrient-rich liquid fertiliser and biogas, which can be used as a renewable source of electrical and heat energy, and help save water. The bio-digesters have been developed by Delhi-based Defence Research Development Organisation. MTDC will buy the technology from DRDO to install it in toilets in other tourist spots, starting from eco-... Read more.. Date : Mar 29 Source: Times of India
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EnerSys Enters Into Joint Venture in IndiaEnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today the formation of a new joint venture company in India to produce and market batteries for industrial applications. EnerSys will have majority ownership in the joint venture with Energy Leader Batteries India Limited, an Indian producer of industrial batteries. The joint venture will serve both reserve power and motive power customers in India. "As we have noted previously we will continue to expand globally to meet the needs of our customers and to better serve... Read more.. Date : Mar 28 Source: PR Newswire
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GSMA and Bharti Infratel Partner to Expand Green Energy for Telecom TowersThe GSMA and India's Bharti Infratel have signed a Memorandum of Understanding to develop and promote green technologies for telecom tower infrastructure in India. The collaboration will entail working together to convert 1,000 Infratel towers into green sites, which will reduce greenhouse gas carbon emissions by almost 11,000 tonnes as a result of the reduced usage of diesel. Bharti Infratel owns over 33,000 of India's estimated 400,000 towers. Having predominantly a rural footprint, they have nearly 9,000 off-grid towers, which accounts for 18 per cent of total off-grid towers in... Read more.. Date : Mar 28 Source: Cellular-News
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Suzlon, Guangdong Nuclear in 800-Megawatt World Wind Power PlanSuzlon Energy Ltd. (SUEL), India’s largest wind-turbine maker, and China Guangdong Nuclear Power Group Co. (CGNPCZ) plan to develop 800 megawatts of wind farms around the world. The companies are exploring sites in Brazil, South Africa, China and India, and plan to complete the projects over the next three years, according to an e-mailed statement from Suzlon. Guangdong Nuclear unit, CGN Wind Energy Co., has installed 3,000 megawatts of wind capacity in China. It has no operating wind farms overseas, according to its website. Suzlon has plants in China and India and sells... Read more.. Date : Mar 28 Source: Bloomberg
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Fewer Indian power exhibitors at African energy showOnly 13 Indian exhibitors are participating in the annual power conference and exhibition, as against 22 last year, on account of high taxes which hinder them from setting up businesses here. Organisers of the Power & Electricity World Africa 2012, that started yesterday, said the number of participants across the Indian power transmission and distribution and the green energy sector, has declined to 13 from 22 last year, due to issues such as a 10 per cent local tax which discourages setting up the business here. "Where they used to get about three exhibitors before, we... Read more.. Date : Mar 28 Source: MSN India
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World Bank approves $109 mn grant for RajasthanThe World Bank has approved a USD 109 million grant for Rajasthan to promote water-efficient agriculture through sustainable and efficient use of resources in the desert state. The fund, approved yesterday for the Rajasthan Agricultural Competitiveness Project, is expected to benefit some 1,55,000 farmers, mainly those with small land holdings in the state. "Rajasthan has limited water resources and is facing an increasing constraint on its availability, in particular for agriculture. Improving productivity in irrigated agriculture and achieving productivity gains in rain-fed... Read more.. Date : Mar 28 Source: Economic Times
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Go green, Governor tells buildersGreen concept in construction industry was absolutely essential in the present scenario not only in the industry and commercial buildings but also in housing sector, said Governor K. Rosaiah. At an awards function organised by the Builders' Association of India (BAI) southern centre, the Governor emphasised on the use of eco-friendly materials in construction projects. Stating that Chennai was in the forefront in adopting green concept in the construction industry, he said energy and natural resources are saved by adopting sustainability which also protected the occupants' health... Read more.. Date : Mar 28 Source: The Hindu
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WB approves funding for India's agricultural projectThe World Bank has approved a $109 million funding for the Rajasthan Agricultural Competitiveness Project in India to enhance agricultural productivity through sustainable and efficient use of water resources. The project is expected to increase agricultural productivity and farmer incomes through efficient water management, crop management, improved agricultural technology, farmer organizations and market innovations in some 20 selected areas in Rajasthan. The initiative will benefit some 155,000 smallholder farmers, the Washington-based World Bank said in a statement... Read more.. Date : Mar 28 Source: in.com
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Stir upped Tamil Nadu N-plant cost by Rs 900 crore: KadakinNEW DELHI: The prolonged protests against the Kudankulam nuclear plant added $ 180 million (around Rs 900 crore) to the cost of the power project, with India losing around $1 million a day, Russian ambassador Alexander M Kadakin has said. Speaking to TOI on Monday ahead of Prime Minister Manmohan Singh's meeting with President Dmitry Medvedev this week on the sidelines of the BRICS summit, Kadakin said the decision of the Tamil Nadu government to allow work to proceed on two third-generation pressurized water reactors as correct and "long overdue". Russian scientists have... Read more.. Date : Mar 28 Source: Times of India
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Japanese aid to be sought for bolstering power transmission networkA proposal aimed at strengthening the power transmission network at a cost of about Rs.3,573 crore has been sent by the State government to the Union Ministry of Economic Affairs for seeking financial assistance from the Japan International Cooperation Agency (JICA). K. Shanmugam, Principal Secretary (Finance), told reporters that the proposal had been prepared by Tamil Nadu Generation and Distribution Company (TANGEDCO). Earlier, in the Assembly, Finance Minister O. Panneerselvam said that during the current financial year, an all-time high assistance of Rs.7,913.35 crore... Read more.. Date : Mar 28 Source: The Hindu
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India needs nuclear energy, says PM Manmohan SinghIndia's prime minister has told a gathering of world leaders that nuclear safety is of utmost concern but the country needs nuclear energy. Manmohan Singh was speaking at a summit on nuclear security in Seoul. Although the summit is about how to tackle the threat of nuclear terrorism, India's nuclear energy plans have faced protests from within the country. Activists and... Read more.. Date : Mar 28 Source: BBC News
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Solar overcapacity to last, Applied Materials says
NEW YORK -(MarketWatch)- The solar industry will likely suffer from overcapacity for about a year, the chief executive of Applied Materials Inc. AMAT -1.08% said, forcing the equipment maker to cut additional costs from its business. Mike Splinter, speaking in an interview ahead of the equipment maker's analyst day Wednesday in New York, said solar companies built too much capacity last year on hopes they all would gain share. Instead, it left the market with more supply than immediately needed, despite the strong levels of solar adoption. "We're in a capacity-... Read more.. Date : Mar 28 Source: Marketwatch
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