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Sustainability Outlook Headlines
Ex-Im Bank to Finance Infinia, First Solar Projects in IndiaThe U.S. Export-Import Bank will provide $49 million in financing for two solar energy projects in India that will use systems from U.S. companies. The bank authorized a $30 million loan to Dalmiapuram, India-based project developer Dalmia Solar Power Ltd. for a 10- megawatt project using solar-thermal systems from Infinia Corp., it said yesterday in a statement. Export-Import Bank, of Washington, also will provide a $19 million loan for ACME Solar Technology (Gujarat) Pvt. to install 15 megawatts of Tempe, Arizona-based First Solar Inc. (FSLR)’s thin- film... Read more.. Date : Apr 1 Source: Bloomberg
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India's Uttar Pradesh Seeks 100 Megawatts of Solar Power to Meet TargetIndia’s Uttar Pradesh state is seeking to buy 100 megawatts of power from solar plants to meet government-set clean energy targets. Uttar Pradesh Power Corp., the bulk electricity supplier to the northern state’s five distribution utilities, will pay a maximum of 4.74 rupees ($0.11) a kilowatt-hour, it said in a tender notice in today’s Economic Times. For the financial year starting today, state electricity distribution utilities are required to purchase 5 percent of their power from clean sources, 0.5 percent from solar and the remainder from wind, biomass and others,... Read more.. Date : Apr 1 Source: Bloomberg
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India Launches Black Carbon Research Initiative Under Its National Carbonaceous Aerosols ProgrammeIndia today launched the Black Carbon Research Initiative as part of the National Carbonaceous Aerosols Programme (NCAP). This is a joint initiative of several government ministries and leading research institutions. It will be headed by Prof. J Srinivasan of the Indian Institue of Science, India’s leading authority on black carbon. Present at the launch was Prof. V. Ramanathan, Director of the Center for Clouds, Chemistry and Climate at Scripps Institute of Oceanography, and one of the world’s leading authorities on Black Carbon. He congratulated the Ministry on this... Read more.. Date : Apr 1 Source: India Carbon Outlook
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India unveils energy standard for laptopsAn information and communication technology industry initiative started almost one-and-a-half years back for energy efficiency has finally made the government announced energy efficiency label for laptops. Bureau of Energy Efficiency (BEE) on Wednesday announced BEE Star Label version 1 for laptops. The guidelines announced by BEE are based on United Sates Energy version 5 guidelines . "US Star energy version 5 is the base for BEE standard announced om Wednesday," told Ashwini Aggarwal, executive editor, Manufacturers' Association for Information Technology said "This... Read more.. Date : Mar 31 Source: Economic Times
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India unveils energy standard for laptopsAn information and communication technology industry initiative started almost one-and-a-half years back for energy efficiency has finally made the government announced energy efficiency label for laptops. Bureau of Energy Efficiency (BEE) on Wednesday announced BEE Star Label version 1 for laptops. The guidelines announced by BEE are based on United Sates Energy version 5 guidelines . "US Star energy version 5 is the base for BEE standard announced om Wednesday," told Ashwini Aggarwal, executive editor, Manufacturers' Association for Information Technology said "This... Read more.. Date : Mar 31 Source: Economic Times
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XL Energy secures EPC Contract for Solar Power Plant in HaryanaXL Energy has received orders valued over Rs.12.10 crores for establishment of a Solar Power Plant on turnkey / EPC basis in Haryana, India. The company is in active negotiations to secure turnkey contracts in a big way in many states in India. The current project has achieved financial closure, while the various other opportunities under negotiation are at various stages of closure and should conclude in the near / immediate future. The stock was trading at Rs.13.50, up by Rs.0.72 or 5.63%. The stock hit an intraday high of Rs.14 and low of Rs.12.50. The total... Read more.. Date : Mar 31 Source: Equity Bulls
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Vestas surprises with 7 MW offshore wind turbineDanish wind turbine maker Vestas unveiled a new giant 7-megawatt offshore turbine on Wednesday and said it expected it to be in serial production in early 2015. Vestas, the world's biggest wind turbine manufacturer by market share, had only been expected to unveil a 6 MW turbine, not the towering 135-meter (443 feet) 7 MW unit, with its rotor diameter of 164 meters. The new turbine, whose rotor will trace a circle bigger than the London Eye ferris wheel and whose 80-meter blade is longer than nine London double-decker buses, is part of a push toward larger and larger... Read more.. Date : Mar 31 Source: Reuters
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9 Lakh INR prize money for renewable energy projects
At 8:30 PM on Saturday 26th March 2011, lights switched off around the globe for Earth Hour. Though sixty minutes of the Earth Hour resulted in an inspiring consensus of thought and action, many groups are making efforts to go beyond Earth Hour and ensure a sustainable future through the use of green technologies in India. One such group is Agricultural Development and Training Society (ADATS). Their project in the Kolar district of Karnataka is using innovative biogas digesters made from locally available materials and replacing firewood and kerosene with renewable energy... Read more.. Date : Mar 31 Source: India Carbon Outlook
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PPP for management of water in some areasThe water budget for 2011-12 did not hold any surprises or the promise of new projects. Delhi Jal Board's primary focus will be on completion of old works and tendering of those projects that have already been announced. After a tariff hike in 2010, this year is the first time that DJB will not be seeking any subsidy from the government for its non-plan expenses. Last year, the board had been granted a subsidy of Rs 50 crore. A total budget of Rs 1,716.28 crore has been set out for the water and sewerage sectors. While Rs 925.05 crore has been assigned for water management... Read more.. Date : Mar 31 Source: Times of India
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XL Energy secures EPC Contract for Solar Power Plant in HaryanaXL Energy has received orders valued over Rs.12.10 crores for establishment of a Solar Power Plant on turnkey / EPC basis in Haryana, India. The company is in active negotiations to secure turnkey contracts in a big way in many states in India. The current project has achieved financial closure, while the various other opportunities under negotiation are at various stages of closure and should conclude in the near / immediate future. The stock was trading at Rs.13.50, up by Rs.0.72 or 5.63%. The stock hit an intraday high of Rs.14 and low of Rs.12.50. The total... Read more.. Date : Mar 31 Source: Equity Bulls
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Vestas surprises with 7 MW offshore wind turbineDanish wind turbine maker Vestas unveiled a new giant 7-megawatt offshore turbine on Wednesday and said it expected it to be in serial production in early 2015. Vestas, the world's biggest wind turbine manufacturer by market share, had only been expected to unveil a 6 MW turbine, not the towering 135-meter (443 feet) 7 MW unit, with its rotor diameter of 164 meters. The new turbine, whose rotor will trace a circle bigger than the London Eye ferris wheel and whose 80-meter blade is longer than nine London double-decker buses, is part of a push toward larger and larger... Read more.. Date : Mar 31 Source: Reuters
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9 Lakh INR prize money for renewable energy projects
At 8:30 PM on Saturday 26th March 2011, lights switched off around the globe for Earth Hour. Though sixty minutes of the Earth Hour resulted in an inspiring consensus of thought and action, many groups are making efforts to go beyond Earth Hour and ensure a sustainable future through the use of green technologies in India. One such group is Agricultural Development and Training Society (ADATS). Their project in the Kolar district of Karnataka is using innovative biogas digesters made from locally available materials and replacing firewood and kerosene with renewable energy... Read more.. Date : Mar 31 Source: India Carbon Outlook
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PPP for management of water in some areasThe water budget for 2011-12 did not hold any surprises or the promise of new projects. Delhi Jal Board's primary focus will be on completion of old works and tendering of those projects that have already been announced. After a tariff hike in 2010, this year is the first time that DJB will not be seeking any subsidy from the government for its non-plan expenses. Last year, the board had been granted a subsidy of Rs 50 crore. A total budget of Rs 1,716.28 crore has been set out for the water and sewerage sectors. While Rs 925.05 crore has been assigned for water management... Read more.. Date : Mar 31 Source: Times of India
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SAP India pays staff for green commute, Reva buyers to get car allowanceIn what is perhaps a first for corporate India, SAP Labs India has unveiled a unique and generous green car policy under which employees would be able own an electric car at a subsidized cost and get an attractive allowance to own and run it. The policy, which is in collaboration with Mahindra Reva which makes the Reva electric car, offers as much as Rs 6,000 a month as car allowance, free car battery charging service on the campus, a dedicated parking slot right at the entrance of the campus, an extended battery warranty of 36 months instead of the standard 24 months, free routine... Read more.. Date : Mar 30 Source: Economic Times
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Vestas Sees Asia Adding Wind Farms After Japan Nuclear CrisisVestas Wind Systems A/S, the world’s largest maker of wind turbines, said demand for wind projects may increase after Japan’s worst earthquake triggered a nuclear crisis. Asia Pacific nations installed about 19 gigawatts of wind power including 16.7 gigawatts by China last year and this year’s additions may be higher, Sean Sutton, president of Vestas’ Asia-Pacific business, said in an interview in Singapore yesterday. Nations excluding China may add 4 gigawatts of wind power this year, he said. “We don’t have a rush of orders since the earthquake but the possibilities... Read more.. Date : Mar 30 Source: Bloomberg
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Indian industry becoming energy efficient: UNIDOIndia has made significant progress in efficient use of energy in its industrial production processes during its journey as one of the top ten manufacturing countries in the world. At a presentation by UNIDO's (United Nations Industrial Development Organisation) Chief Statistician Shyam Upadhyaya on ‘Performance of manufacturing industries of India: Latest statistical evidences' here on Tuesday, it was revealed that in the last ten years, the country's manufacturing output grew by an average 7 per cent annually while industrial energy consumption grew at a much lower rate of 3.6 per... Read more.. Date : Mar 30 Source: The Hindu
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Sunengy Signs Contract With Tata Power for Floating Concentrated Solar SystemIndian company Tata is getting more and more involved in the renewable energy sector. After the agreement their CEO had with Daniel Nocera for producing energy from water, they now make a deal with Australia-based Sunengy, which manufactures LSAs (Liquid Solar Arrays), basically floating concentrated solar power systems (CSP). With the first units ready to go online by August, Sunengy has big plans for India. “If India uses just one per cent of its 30,000 sq km of captured water with our system, we can generate power equivalent to 15 large coal-fired power stations,” said Phil... Read more.. Date : Mar 30 Source: Green Optimistic
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Torrent Power of India Seeks to Buy Renewable Energy to Meet ObligationTorrent Power Ltd., India’s fifth- largest non-state generator, is seeking to buy renewable energy to meet a government-set target for clean power. The company intends to buy power on a long-term basis from renewable sources including wind, bagasse, biomass and small hydroelectric plants, it said in a tender notice published in today’s Economic Times. Torrent Power, which has an installed generation capacity of 1,648 megawatts, also distributes power in the northwestern state of Gujarat. For the financial year beginning April 1, the state electricity regulator... Read more.. Date : Mar 30 Source: Bloomberg
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Sunengy Signs Contract With Tata Power for Floating Concentrated Solar SystemIndian company Tata is getting more and more involved in the renewable energy sector. After the agreement their CEO had with Daniel Nocera for producing energy from water, they now make a deal with Australia-based Sunengy, which manufactures LSAs (Liquid Solar Arrays), basically floating concentrated solar power systems (CSP). With the first units ready to go online by August, Sunengy has big plans for India. “If India uses just one per cent of its 30,000 sq km of captured water with our system, we can generate power equivalent to 15 large coal-fired power stations,” said Phil... Read more.. Date : Mar 30 Source: Green Optimistic
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Torrent Power of India Seeks to Buy Renewable Energy to Meet ObligationTorrent Power Ltd., India’s fifth- largest non-state generator, is seeking to buy renewable energy to meet a government-set target for clean power. The company intends to buy power on a long-term basis from renewable sources including wind, bagasse, biomass and small hydroelectric plants, it said in a tender notice published in today’s Economic Times. Torrent Power, which has an installed generation capacity of 1,648 megawatts, also distributes power in the northwestern state of Gujarat. For the financial year beginning April 1, the state electricity regulator... Read more.. Date : Mar 30 Source: Bloomberg
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UK slips down global green investment rankingsThe UK is rapidly losing the race to be the global powerhouse of the green economy, while other countries streak ahead in low-carbon technology investment and development, according to rankings published on Tuesday. Last year, the UK slumped from being third in the world in terms of investment in green growth, to only 13th place, , according to a report by the respected US Pew Environment Group. This means the UK now ranks well behind developing countries such as Brazil, in sixth place, India in 10th place and China in first place. Investment in alternative... Read more.. Date : Mar 29 Source: The Guardian
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SkyFuel's Parabolic Trough a Fit for India's Solar MissionSkyFuel has signed a memorandum of understanding (MOU) with Megha Engineering and Infrastructures Limited (MEIL) regarding the use of its parabolic trough collector in concentrating solar power (CSP) projects. MEIL's bid to build, own and operate a 50MW solar thermal power plant, through its wholly owned subsidiary MEIL Green Power Limited, in Andhra Pradesh, India was selected under Phase One of the Jawaharlal Nehru National Solar Mission (JNNSM). The JNNSM has put India in the lead of emerging CSP markets, calling for 20 million square meters of solar concentrators by 2022. ... Read more..Date : Mar 29 Source: PR-USA.net
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Soon, notebooks will have Star RatingGreen IT or energy efficiency are no longer corporate buzz words. The green sensibility is slowly making inroads into different fields of technology. Bureau of Energy Efficiency (BEE) recently conducted a meeting at its West Block-2 Office, New Delhi under the chairmanship of Dr Sandeep Garg, energy economist of BEE, to discuss the introduction of Star Ratings to notebooks. Among those participated include representatives from IT industry body, MAIT and channel associations – TAIT and PCAIT – as well representatives from the vendors that include HCL, Wipro and HP. ... Read more.. Date : Mar 29 Source: CIOL Network
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Finnish wind gear maker to set up India armFlying high on the growing demand for wind energy in India, Finnish wind turbine gear maker Moventas Oy is gearing up to establish an India subsidiary headquartered in Chennai. To be christened Moventas India Pvt Ltd, the subsidiary will initially focus on sales and service operations and will, in the future, expand to include tech support as well, Moventas senior vice-president (service division) Olli Valimaki told TOI. "We have started the registration process for the subsidiary and expect it to become operational by late May or June this year. We are in the... Read more.. Date : Mar 29 Source: Times of India
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SAIL, RINL emit more CO2 than rivals while producing steelState-owned SAIL and RINL have emitted more carbon dioxide while producing steel than their global peers and domestic rival Tata Steel, a report by CAG has said. "On an average, 1.9 tonne of CO2 is emitted for every tonne of steel produced globally. The average CO2 by SAIL and RINL during 2008 -09 was 2.99 tonne and 3.18 tonne respectively against the average of 2.09 tonne of CO2 emitted by Tata Steel," the report, which was tabled in Parliament recently, said. The CAG also pulled up both firms for not fixing any target for reduction in CO2 emission. Tata Steel has set a... Read more.. Date : Mar 28 Source: Hindustan Times
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