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Sustainability Outlook Headlines

Global Algae Biodiesel World India 2011 slated on April 5 & 6, 2011

In the India, CJP is set to hold Global Algae Biodiesel World India Programme 2011 in India from APRIL 5 to 6 , 2011. CJP’s Global Algae World India 11 focuses on the entire algae production from lab to scale. Topics are carefully selected to cover the Biology, Engineering, Marketing and Financial aspects of algae commercialization. CJP is recognized as an important platform for productive exchanges among the Academic, Commercial and Investment communities on nonfood biodiesel crops

Centre for Jatropha Promotion & Biodiesel (CJP)  is the only  premier research and... Read more..

Source: PR-USA.net

India Provided $10 million for Rural Solar Energy Projects in 2010

The Indian government provided subsidies worth $10 million for projects aimed at promoting the use of solar energy in rural areas. The subsidies went to projects which distributed solar lanterns and installed solar home-lighting systems in villages across the country. In a statement released by the Ministry of New and Renewable Energy, the government provided subsidies worth about $53 (or Rs. 2400) on various solar lanterns models costing between $55.5 and $192 (Rs. 2500 and Rs. 8660). The Indian government has been pushing for promotion of solar energy use in rural and remote areas of the... Read more..

Source: CleanTechnica

DuPont expands sustainable solutions capabilities and emerging markets reach by signing agreement

DuPont has signed a definitive agreement to acquire MECS, Inc., from affiliates of American Securities LLC, advancing the company's capabilities to deliver sustainable solutions and further expand its reach in emerging markets. The acquisition will expand the DuPont clean technologies portfolio with complementary science-based offerings and provide the company with further access to high-growth market segments, particularly in developing regions like Asia Pacific and the Middle East. Terms of the agreement were not disclosed.

"Every day around the world DuPont Products applies its... Read more..

Source: Zawya.com

Green construction gaining traction in India

 The overgrowth of reeds at Good Earth Orchard, a colony of 60 homes in Bangalore, is actually part of a labyrinthine water-treatment system. Gallons of used water from the colony enter it every day to be pumped out for reuse a week later, good enough at least to water the bushes.

The system recovers about 80% of wastewater without using power or chemicals. A chamber skims off lightweight waste and settles the heavy parts. Another sealed chamber uses bacteria to break down organic waste. Finally, plants such as canna at the surface aerate the water through nitrogen fixation. All... Read more..

Source: Livemint.com

India's Gujarat State to Invest $2.3 Billion in 500-Megawatt Solar Park

India’s Gujarat state plans to invest more than 105 billion rupees ($2.3 billion) to build Asia’s first solar park providing infrastructure for 500 megawatts of plants that produce power from the sun.

Chief Minister Narendra Modi will inaugurate the park today, according to an advertisement in the Economic Times.

The 2,000-hectare park at Charanka village will lease plots on 30-year contracts to companies and provide water, electricity, roads and power transmission services to the projects, according to a statement on the Gujarat government’s website.

“All the... Read more..

Source: Bloomberg

Surat Municipal Corporation to ink MoU with Japan for drafting waste mgmt plan

The Surat Municipal Corporation (SMC) is all set to sign a MoU with Japan on drafting a master plan for developing safe and eco-friendly waste treatment modules.

Japan had evinced keen interest in Surat Municipal Corporation's eco drive and for developing the plan. The master plan will be provided to SMC for free.

Japan had agreed to prepare the master-plan after conducting a thorough study of the work done by the civic body in areas of solid and liquid waste management.

A team of civic engineers had presented the civic work module during a conference held in the city... Read more..

Source: Daily News and Analysis

Delhi to make efforts to become 'carbon neutral city'

The Delhi government will make efforts to join most major cities of the world to pledge to become a 'carbon neutral city'.

 

 
''The city will try to go carbon neutral. We don't know when we will succeed but we will move in that way,'' Delhi Chief Secretary Rakesh Mehta said today.

He was speaking at the inauguration of three-day National Safety Convention 2010, organised by Institute of Engineers, Delhi State Centre and Safety and Quality Forum.

He added that efforts to make Delhi a carbon neutral will include saving massive energy, plantation,... Read more..

Source: New Kerala

Japan postpones launch of emission trading system

Japan on Tuesday postponed the creation of a greenhouse gas emission trading system by a year until after April 2014 in the face of strong resistance from the business lobby, news reports said.
The centre-left government of Prime Minister Naoto Kan had planned to launch the system -- in which companies would essentially buy and sell 'licences to pollute' -- in the fiscal year starting in April 2013.

But his environment and other ministers decided to postpone the plan, saying the country will first "carefully consider it," Jiji Press and Kyodo News reported. Immediate... Read more..

Source: BreitBart

India Raises Renewable Energy Target Fourfold

India plans to quadruple its power generation capacity from renewable sources to 72,400 megawatts by 2022, its renewable energy ministry said late Tuesday.
 
Renewables makes up 11% of India's generation capacity.
.India had a renewables-based generation capacity of 18,321 megawatts at the end of October, which accounts for 11% of the country's total installed generation capacity, and produces 4.4% of the total electricity output, the ministry said in a statement.

The share of renewables-based generation is expected to rise to 15.9% of the country's total... Read more..

Source: Wall Street Journal

India Paid at least $10 Million in Subsidies for Solar Projects This Year

India paid at least 459 million rupees ($10 million) in subsidies to help rural homes and villages install solar-powered lights in 2010.

A government program promoting the use of lights powered by photovoltaic cells installed 78,408 portable lanterns and 108,599 home-lighting systems, the Ministry of Renewable Energy said in a statement today.

The ministry provided a subsidy of 2,400 rupees for each solar lantern, which typically runs off batteries, and anywhere from 2,500 rupees to 8,660 rupees for each home-lighting system depending on the model installed and the type of... Read more..

Source: Bloomberg

India's Gujarat Plans Policy to Promote Geothermal Energy

India’s Gujarat state is drafting a policy to promote geothermal energy, the Economic Times reported, citing Chief Minister Narendra Modi.

The Ministry of New & Renewable Energy has identified Gujarat as one of the states with potential for setting up geothermal power plants, according to the report.

Geothermal energy is produced by tapping heat contained in rocks and water deep underground. Gujarat set a policy in January 2009 for developing solar energy. The state has awarded 716 megawatts in solar projects to companies, according to the website of the Gujarat Energy... Read more..

Source: Bloomberg

Azure Power to raise its Solar Power Capacity

Azure Power India Pvt. plans to raise its solar energy generation capacity to 100 megawatts by 2013 with an investment of 15 billion rupees ($ 332 million), Chief Executive Inderpreet Wadhwa said in a recent interview, as the South Asian nation ramps up electricity supply from renewable sources.

The company designs, finances, owns, and operates solar power plants and is one of the 37 companies the Indian government selected earlier in December to supply 5 MW of solar power each to the national grid.

Mr. Wadhwa said the investment would come from a mix of debt and equity from... Read more..

Source: Wall Street Journal

Global US Solar joins forces with Techno Renewable Energy Systems, India

President and CEO George Galvan announced Dec. 18th, 2010 that Global US Solar will be utilizing the services of  Techno Renewable Energy Systems and it's main partner K Ganesh Rama Rao in it's India trading.

"We are very happy to announce that K Ganesh Rama Rao will be representing our company for the solar energy market in India. We are looking forward to offer solar modules as well as financing of solar projects worldwide if feasible" Galvan stated.

K Ganesh Rama Rao has vast experience in the renewable energy sector. He is recognized and accepted  as  an independent... Read more..

Source: PRLog (free press release)

TN to come out with action plan on climate change

The Tamil Nadu government plans to come out with an action plan on climate change on the lines of the National Action Plan for Climate Change (NAPCC) to promote renewable energy in the state. Besides, Tamil Nadu Electricity Regulatory Commission (TNERC) has set up a renewable energy purchase obligation (RPO) at 14 percent for 2010-2011.

In his address at the valedictory session of Confederation of Indian Industry (CII)-Tamil Nadu Solar Convention, deputy chief minister M K Stalin said that power generation through renewable sources in Tamil Nadu touched 5,500 MW representing 33 per... Read more..

Source: Business Standard

Acciona Energy closes the financing of its third wind farm in India

Acciona brings in chosing quality renewable projects. They are willing to partner with us in providing long term project financing. We are pleased to have IDFC involved with our Tuppadahalli project and appreciate their efforts in closing the financing in a short period of time. We hope this will be the first of a long lasting relationship".

Talking on this transaction, Mr Vinayak Mavinkurve, Group Head, Project Finance of IDFC said, "IDFC is into financing renewable energy projects in a big way -wind, hydel, and looking at solar as well-. This association is a culmination of a deep... Read more..

Source: REVE

ADB Considering Loans for 580-Megawatt Solar Power Project in India

The Asian Development Bank may provide loans to a 580-megawatt solar power park in India’s Gujarat state as the country aims to increase its solar power capacity to meet growing demand.

The solar power park is being developed in Charanka village by the Gujarat state government, Naoki Sakai, a senior climate change official from the bank, said in a Dec. 22 telephone interview from Manila, where the lender is located. The project will use both solar photovoltaic and solar thermal power, he said.

For solar photovoltaic projects, energy from the sun is converted directly to... Read more..

Source: Bloomberg

Lanco receives LoIs from NVVN for development of solar PV projects in Rajasthan

Lanco Infratech Limited, or LITL, an integrated infrastructure development company, has received letters of intent, or LoIs, from NTPC Vidyut Vyapar Nigam Limited, or NVVN, for the development of a 5MW solar photovoltaic, or PV, project and a 100MW solar Thermal project in the state of Rajasthan under the first phase of the National Solar Mission.
Lanco completed its first 5MW project in Gujarat. The project located in Patan, Gujarat is one of the solar power plants (SPP) in the country and the first for the state. Lanco Infratech Limited is developing an overall of 35MW in Gujarat... Read more..

Source: TradingMarkets.com

2011 fossil fuel use expected to drop, carbon emissions to stay the same

November’s Short Term Energy Outlook predicts a decrease in the use of fossil fuels in 2011, while carbon dioxide (CO2) emissions will remain the same.

As of November 2010, natural gas in storage measured at 3,814 bcf, slightly below November 2009’s total. By next March 31, considered the end of the winter heating season, EIA expects 1,833 bcf to remain in storage, about 171 bcf higher than at the end of March 2010.

November’s Henry Hub average natural gas spot price was $3.71 per million Btu. Over the 2011 winter heating season, the average spot price is expected to peak at... Read more..

Source: Pennenergy

Sheila Dikshit inaugurates one MW solar power plant in Delhi

The national capital today took a small but significant step towards production of clean and green energy when Chief Minister Sheila Dikshit inaugurated a one-megawatt solar power plant in the city.

The plant has been set up by Tata-backed power discom North Delhi Power Limited (NDPL) at the Keshavpuram.

The plant consists of more than 5500 solar photo-voltaic panels made of crystalline silicon which will absorb sunlight and convert it into electricity that will be directly fed into the main grid line of NDPL, an official of the discom said.

He said this one-megawatt... Read more..

Source: DNA India

Govt not to set CSR floor for India Inc

The government has watered down its proposal on corporate social responsibility (CSR) by not including a provision in the Companies Bill that would have mandated firms to spend 2% of their profit on social causes. 

The final proposal only requires a company to have a policy that targets to spend 2% of its profit on CSR. The bill, however, seeks to make it compulsory for a company to give details of the money it has spent on CSR in its annual report. 

“Companies will have to have a policy as to how they will spend 2% of their profit on CSR and there must be a disclosure if the... Read more..

Source: Economictimes

First-Time Solar Producers May Imperil Indian Projects

India’s first solar auction, planned to boost clean energy in the world’s fourth-biggest polluter, may risk failure after winners were selected without experience or proof that they can keep projects afloat earning low margins.

A woolen yarn maker, an animation company and an industrial pipes supplier with no experience building power plants were among 37 winners of the government auction announced Dec. 13. The lowest bidders quoted prices that mean they may struggle to earn an attractive profit, said Bloomberg New Energy Finance analyst Bharat Bhushan.

“These projects aren’t... Read more..

Source: BusinessWeek

BHEL bags 3 orders to set up solar power plants

Public sector giant BHEL has bagged three orders for setting up solar photovoltaic power plants with a capacity of 2 MW each.

The plants will be operationalised as per the Indian Renewable Energy Development Agency Ltd scheme under Jawaharlal Nehru National Solar Mission (JNNSM).
The orders have been placed by Citra Real Estate, New Delhi & Sepset Constructions Ltd, New Delhi for their sites at Katol, Nagpur in Maharashtra.

The other order is from Priapus Infrastructure Pvt Ltd, New Delhi for its site at Bareilly in Uttar Pradesh.

The three orders are valued... Read more..

Source: Business Standard

Indian investors snap up resources opportunities

Hyderabad energy and construction tycoon L. Madhusudhan Rao is the latest in a line of Indian investors to snap up Australian mining assets as the battle for global resources intensifies between China, India and other fast-developing economies.

Rao, 44, is executive chairman of India’s Lanco Infratech, which announced on December 15 it would buy the thermal coal assets of Griffin Energy Group, part of the troubled empire of West Australian businessman Ric Stowe.

Lanco’s bid for the coal mines near Collie in Western Australia is believed to be costing about $850 million,... Read more..

Source: Theaustralian.com

New solar cells could even work at nigh

U.S. researchers say they've developed a new kind of solar cell that can generate energy even at night, promising a new form of renewable energy.

The key is their ability to harvest infrared radiation as well as visible light, Steven Novack at the U.S. Department of Energy's Idaho National Laboratory in Idaho Falls says.

Almost half of the available energy in the spectrum of solar radiation resides in the infrared band, and infrared is re-emitted as heat by the Earth's surface after the sun has gone down, meaning the cells can even capture some energy during the night, he... Read more..

Source: Solardaily

Moser Baer Clean Energy commissions 5 MW solar farm in TN

 Moser Baer Clean Energy Limited (MBCEL), a subsidiary of Moser Baer Projects Private Limited (MBPPL) has commissioned the country’s largest and the first 5 MW solar farm at Sivaganga in Tamil Nadu. The technical expertise for commissioning was provided by the EPC (Engineering Procurement Commissioning) arm of Moser Baer Solar Limited. The International Finance Corporation and the IDBI bank has provided debt for the project.

The solar farm has been commissioned using amorphous silicon Thin Film technology which is best suited for the Indian climatic conditions and is connected to... Read more..

Source: Indiainfoline.com
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