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Sustainability Outlook Headlines
India to Top U.S. Lending With $575 Million in Solar DealsThe U.S. Export-Import Bank expects India to become its biggest recipient of funding next year, led by loans for clean-energy projects including $575 million of solar deals. The Export-Import Bank’s lending plans won’t be affected by concern that the renewable energy industry may be vulnerable to a new global recession, said Craig S. O’Connor, director of the bank’s office of renewable energy. “This sector isn’t risky,” O’Connor said in an interview at a conference in New Delhi. “It’ll continue to grow.” The funding could ease a hurdle facing India as its aims to... Read more.. Date : Aug 13 Source: Bloomberg
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Star Rating for electrical gadgets14 Electrical/Electronic items are presently under the regulation of the Bureau of Energy Efficiency for star labeling scheme. These are as follows: 1. Frost free refrigerator, tubular fluorescent lamp, air-conditioner, distribution transformer (total 4 equipment under mandatory phase); 2. Direct cool refrigerator, room air-conditioner (Cassette, Floor Standing Tower, Ceiling, Corner), induction motor, ceiling fan, electric geyser, liquefied petroleum gas stoves, agriculture pump sets, colour television, washing machine and laptop: (total 10 equipment in Voluntary Phase).... Read more.. Date : Aug 13 Source: SteelGuru
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Climate change 'to increase malaria' in Indian HimalayasClimate change is likely to spread malaria to new areas in the Indian Himalayas, and lengthen the periods in which the infection is spread in a number of districts, according to projections from malaria researchers in India. But the country's east coast could see fewer malaria cases by 2030, because of rising temperatures which affect mosquitoes' activity, they said. The projections by the National Institute of Malaria Research (NIMR), Delhi, published in a special issue of Current Science on climate change yesterday (10 August), indicate that malaria could spread to... Read more.. Date : Aug 12 Source: Environmental News Network
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IIT’s beach clean-up technology ignoredAfter an oil spill hit the coast of Mumbai last year, an IIT-Bombay professor devised a simple, easy-to-use technology to separate oil from sand on the city's beaches using portable equipment. The IIT offered the technology free to the Maharashtra Pollution Control Board (MPCB) and the state environment department in October 2010, but it did not get a response. Today, when the city is reeling from another oil spill, the MPCB says it is unaware of the technology. The technology—devised by Dr Shyam Asolekar, professor, Centre for Environmental Science and Engineering at IIT Bombay—... Read more.. Date : Aug 12 Source: Times of India
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Only 19 projects were denied green clearance from 2008 to Aug 2011Are environmental clearances delaying industrial development in the country? Some in the government might claim so and argue for further easing of green norms but government data shows otherwise. In the past three years, the rate of rejection of projects for environmental clearance was an insignificant 1.13%. Out of the 1,689 projects that the environment ministry decided upon from 2008 up to August 2011, only 19 were rejected. The ministry cleared 186 thermal power plants in the same period. Another 641 building and construction projects got the nod from the government and not a... Read more.. Date : Aug 12 Source: Times of India
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Gujarat gets tough on old vesselsIt is time Maharashtra learns a lesson or two from Gujarat. Setting an example for other coastal states in the country, Gujarat plans to soon impose strict rules on vessels older than 25 years that enter its ports. The move comes after MV Rak Carrier sank near the Mumbai coast on August 5. The resulting oil spill has polluted the waters and the coastline. Though two major oil spills took place in Maharashtra in the last 12 months, the state is yet to take any stringent action. “We are not going to ban the entry of vessels that are more than 25 years old, but... Read more.. Date : Aug 12 Source: Daily News Analysis
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NGOs disappear with afforestation programmes' funds: CAGIt is the turn of Jairam Ramesh, till recently the union minister for environment and forests, to come under the firing line of the Comptroller and Auditor General of India. Voluntary agencies and non-governmental organisations have swindled the nation of crores of rupees in the name of developing forest resources andafforestation programmes during 2010-11, according to the CAG. The CAG, in its report for 2010-11 has blasted the ministry of environment and forests for wasting crores. The audit report has also expressed its unhappiness over the functioning of National Biodiversity... Read more.. Date : Aug 12 Source: Daily News Analysis
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Vorks Energy to provide solar rooftop solution to a Delhi SchoolsVorks Energy has recently signed agreements with number of schools in Delhi and NCR region to provide solar roof top solution. The schools will run completely on solar energy during the day and will use energy from battery bank when sun is not available. The system is ideal for schools and colleges, since majority of usage for electricity is during school working hours which are typically around 8 to 9 hours. This typical usage can easily be provided using solar energy generated from PV modules. According to Mr. Ashish Kumar, Executive Director, Vorks Energy, "Schools are... Read more.. Date : Aug 12 Source: India PR Wire
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Chavan urges Centre to sign marine treatiesChief minister Prithviraj Chavan has written to the Union environment ministry as well as the shipping ministry about the need for India to become a signatory to two international conventions that fix liability for marine pollution and oil spills. TOI had written about the need to sign the conventions earlier this week. Chavan has also written to the defence ministry-about the dire need to beef up coastal security and upgrade the technology used by the Coast Guard. The letters speak of the repeated oil spills that have affected Maharashtra in the last few years. "With such... Read more.. Date : Aug 12 Source: Times of India
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KfW to Loan 250 Million Euros to Build Biggest Indian Solar ParkKfW Entwicklungsbank, the German state development bank, agreed to loan 250 million euros ($356 million) to build India’s biggest solar park. The bank, based in Frankfurt, will help fund the 125- megawatt Shivajinagar Sakri plant with a loan to Maharashtra State Power Generation Co., KfW said in a statement. The park, which can be expanded to 150 megawatts, powering the homes of 400,000 people, will cost as much as 370 million euros, it said. That would equal the capacity from all 30 plants approved in India’s first national auction of photovoltaic projects in December. The... Read more.. Date : Aug 12 Source: Bloomberg
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Caparo Energy Raises $33.5M More From IDFC Through Mezz Fundingnfrastructure Development Finance Company Ltd (IDFC) is investing $33.5 million or Rs 150 crore in the Indian subsidiary of London’s AIM-listed (Alternative Investment Market) wind energy firm Caparo Energy Ltd. The company is aiming to build a portfolio of wind firms with an installed capacity of up to 5,000 MW by 2017. This is the second tranche of mezzanine funding for the wholly owned unit Caparo Energy (India) Ltd, which had earlier raised $78.5 million (Rs 350 crore) from IDFC Project Equity’s Indian Infrastructure Fund. While the first tranche was for a term of six... Read more.. Date : Aug 12 Source: VC Circle
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Solar revenue to shrink as price drops outpace growthSolar industry revenue will shrink before it begins to rise again because dramatic price declines on solar panels will outweigh corresponding volume increases, according to a new report by Lux Research. Revenue in the solar power industry is expected to slip to $56.9 billion in 2012 from $64.4 billion in 2010, Lux said in a report released on Thursday. It will recover to $65.4 billion by 2016, the firm said. Cuts to government incentives for solar power in top markets like Italy and Germany have led to an oversupply of solar panels in the market, and prices on panels... Read more.. Date : Aug 12 Source: Reuters India
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Forests remove 2.4 bn tonnes of carbon from airSydney, Aug 11: Forests worldwide absorb as much as 2.4 billion tonnes of carbon per year from the air, equivalent to a third of the annual fossil fuel emissions. The volume of the greenhouse gas mopped up by all categories of forests has been quantified for the first time by scientists. ‘What this research tells us is that forests play a much larger role as carbon sinks as a result of tree growth and forest expansion,’ says Pep Canadel from the Commonwealth Scientific Industrial Research Organisation (CSIRO) who co-authored the study. Conversely, deforestation is... Read more.. Date : Aug 12 Source: India Talks
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CPM accuses PM Manmohan Singh of misleading nation on clean waiver for import of ENR technologyCPM has accused Prime Minister Manmohan Singh of misleading the nation on clean waiver for the import of enrichment and reprocessing (ENR) technology. "We were then told a number of times and the Prime Minister time and again assured the House that the waiver granted by the US was full and complete. But the US has clearly barred enrichment and reprocessing (ENR) technology transfer to India," CPM parliamentary party leader Basudev Acharia said in the Lok Sabha during Zero Hour on Thursday. The party demanded that the PM make a statement in the Lok Sabha, clarifying the issue... Read more.. Date : Aug 12 Source: Economic Times
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Delhi, Goa & Sikkim ranked No 1 in the State Sustainable ReportWhen perceived against individual ranking parameters or categories, Delhi and Goa top the national rankings across the economic development and resource availability and utilisation categories respectively. On environment and climate change , it is Arunachal Pradesh that tops the national rankings, (though overall the state ranks 10 and is 4 in the low population density state). Mizoram ranks as the one state nationally on social inclusion . This has been brought out by IFC-RICS Sustainability Competitiveness Report, which is an endeavour to raise awareness and promote inclusive growth... Read more.. Date : Aug 12 Source: NetIndia123.com
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Larry C. Holmberg Appointed CEO of Solar Semiconductor, Inc.Solar Semiconductor, Inc. announced today at the India Renewable Energy Expo that Larry C. Holmberg has been appointed CEO and a member of the Board of Directors of the Company. Larry is a Co-Founder and CEO of Solar Infra, Inc. Solar Semiconductor also announced the signing of an agreement to acquire Solar Infra and is in the process of completing the acquisition. "We are very excited to have Larry join our executive team," said Hari Surapaneni, Chairman of the Board of Solar Semiconductor. "He brings a wealth of executive experience in the solar and high tech industries and has a... Read more.. Date : Aug 11 Source: msnbc.com
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India May Abandon Solar Bidding Method If Offers Aren’t ViableIndia may abandon the reverse- bidding process used in its first auction of solar permits after criticism that the procedure led to offers that aren’t viable from inexperienced companies. The country plans to award licenses to build another 3,000- megawatts of solar power plants and may call for bids as early as this year, Deepak Gupta, secretary of the Ministry of New and Renewable Energy, said in New Delhi. “Bidding is likely to happen, but should there be alternatives that is something to consider,” he said. “We’ll have a better idea,” of what method to use after a second... Read more.. Date : Aug 11 Source: Bloomberg
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Coal India Limited Proposes 20 Coal Preparation Plants to Improve QualityResearched by Industrial Info India (Delhi, India) -- Coal India Limited (CIL) (Kolkata, West Bengal), has proposed the establishment of 20 new coal preparation plants as part of its expanding mining activities. The proposal is part of the company's plan to overcome the quality problems of Indian coal and encourage clean-coal technologies. The proposed coal prep plants will be established under a build, operate and maintain (BOM) model at an estimated cost of $555 million. The plants' combined capacity would be 111 million tons.
Date : Aug 11 Source: msnbc.com
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No free plastic bags at Nagpur shopsThe reason that encouraged unbridled use of plastic bags in the country was that they came free with what you bought. So, in a move that would please the greens and reduce a persistent and pesky item from country's garbage bins, big retailers have begun charging for them. It would, hopefully, lead to significant less usage of the bags that are responsible for choked drainages and death of cattle and marine life. Indian customers are notoriously fond of anything free. And just as cagey about anything they have to pay for. It is being hoped that the token charge being levied for the... Read more.. Date : Aug 11 Source: Times of India
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Chennai corporation prepares action plan after Jayalalitha sets 3-month target to clean cityA day after chief minister J Jayalalithaa set a target to clean up Chennai and its suburbs in three months, the corporation is mapping out an action plan. Corporation commissioner D Karthikeyan said the special conservancy operations would begin this weekend. "Specific areas in each of the 10 zones of the corporation will be covered. The entire city will be covered in a phased manner," he said. When the clean-up begins, every day, the corporation is likely to target 3-6 wards in each of the zones so as to cover all 155 wards in a week. An army of conservancy workers will be... Read more.. Date : Aug 11 Source: Times of India
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Air quality gets better as industry dumps coal for gasWith more and more industries in Noida and Greater Noida switching over from solid fuels to gas-based plants, the ambient air quality in the district has shown signs of improvement. Monitoring conducted by the Regional Pollution Control Board (RPCB) in Noida has shown that the level of pollutants in the atmospheric in Gautam Budh Nagar has decreased considerably. The RPCB says that this is a positive step towards ridding the district from its tag of being a critically polluted area. "High levels of air pollutants emitted by industries were one of the key reasons why the... Read more.. Date : Aug 11 Source: Times of India
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'Green infrastructure needed to spur growthSustainable development and adoption of green business practices has become the cornerstone of any debate one environment. With India's economy recording a steady growth rate, it has become even more important for sustainability to feature prominently in the country's development plans. To address these concerns, The Economic Times organized the InfraGreen'11, an initiative by Times Grey Cell, with a focus on 'making green the national agenda'. Speaking at the inaugural session, environment minister Jayanthi Natarajan stressed on the need for creation of green infrastructure.... Read more.. Date : Aug 11 Source: Times of India
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'Choose eco-friendly Ganesha'Environmentalist Suresh Heblikar has called upon the Karnataka State Pollution Control Board (KSPCB) to develop a monitoring mechanism to prevent contamination of water bodies caused by immersion of colourful Ganesha idols in the city. Speaking at a workshop organised by the KSPCB, he said the agency can coordinate with Bruhat Bangalore Mahanagara Palike (BBMP) and the Lake Development Authority and develop a proper monitoring strategy. “Ganesh Chaturthi has become a big business opportunity for idol manufacturers. The immersion of painted idols during the Durga Puja has... Read more.. Date : Aug 11 Source: Express Buzz
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IEC mounted solar system unveiled in GujaratGujarat witnessed unveiling of intelligent energy controller (IEC) mounted on 3.4 KW solar system at Pandit Deendayal Petroleum University (PDPU), Gandhinagar. Gujarat's principal secretary of energy and petrochemicals DJ Pandian dedicated the system to Solar School situated in the campus of the university. IEC is a technology which can simulate yields from every solar panel to utilize the potential of the panel to the fullest. This ultimately facilitates generation of 10 to 20% extra power. This IEC technology is the latest invention of technocrat and former advisor to Prime... Read more.. Date : Aug 11 Source: Economic Times
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Hon'ble Cabinet Minister Farooq Abdullah (MNRE) during his visit to The 5th Renewable Energy India 2011 Expo11 August, 2011, New Delhi - Unfolding the holistic potential of renewbles, the 5th Date : Aug 11 Source: Exhibitions India Group
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