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Sustainability Outlook Headlines
Infinia bags order its PowerDish system from Dalmia Solar Power for its 9MW Solar Thermal project in Rajasthan under National Solar MissionInfinia introduces itself an aggressive team commercializing a compelling and uniquely scalable solar power solution that will enable broad access to inexpensive, mass-manufactured solar power. They claim to be working on a number of other unique energy conversion products that offer the potential to dramatically increase energy efficiency and cost effectiveness. The compnay claims to do this by offering unique, high-performance, cost-effective energy conversion solutions using our proprietary, mass-manufactured, free-piston Stirling engines. These engines are at the heart of... Read more.. Date : Feb 8 Source: Panchabuta
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Suzlon Energy Says Rising Orders `Absolutely Sufficient' to Pay LoansSuzlon Energy Ltd., India’s biggest maker of wind turbines, said it’s booking orders fast enough to be able to pay off 100 billion rupees ($2.2 billion) in refinanced loans starting in April next year. “It’s absolutely sufficient,” Chief Financial Officer Robin Banerjee said in a telephone interview. “Every bit of our strategy now seems to be working.” Last April, Ahmedabad-based Suzlon had to refinance 100 billion rupees in loans taken from banks such as Citibank Inc., Deutsche Bank AG, Barclays Plc, State Bank of India and ICICI Bank Ltd. after the global financial crisis.... Read more.. Date : Feb 7 Source: Bloomberg
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Climate change will hurt wheat producing states’Vice-Chancellor of Punjab Agricultural University Dr Manjit Singh Kang painted a grim picture of the future at the inauguration of International Conference on 'Preparing Agriculture for Climate Change' in Ludhiana on Sunday. “Global warming will affect the scheduling of the cropping season as well as the duration of the growing period of crops in Asia. In India, while the wheat crop is vulnerable to an increase in maximum temperature, the rice crop will also be not spared. Acute water shortage combined with temperature stress should negatively affect both wheat and rice productivity... Read more.. Date : Feb 7 Source: Indian Express
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'Green India Mission to improve quality, quantity of forests'The Centre has worked out an ambitious project as part of the national action plan on climate change to improve quality and quantity of forest cover in the country, Union Minister Jairam Ramesh said today. The objective of the 'Green India Mission' project was to increase forest cover in five million hectares and protect forest areas in the country, he said, after inaugurating the fourth Southern Forest... Read more.. Date : Feb 6 Source: Deccan Herald
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Equatorial Palm Oil JV with India’s Siva Group is now set upEquatorial Palm Oil PLC (LON:PAL) (EPO) said the joint venture agreement with Indian conglomerate, the Siva Group, has been fully implemented. The deal was initially flagged in September 2010. The JV company has now received US$22.5 million in cash from Biopalm Energy, a wholly-owned subsidiary of Siva Ventures. EPO itself is investing US$7.5 million into the JV. The deal also includes a US$30m loan facility to accelerate the development of EPO’s palm oil operations in Liberia. The 50:50 JV controls EPO’s entire 169,000 hectare land position at Palm Bay, Butaw and... Read more.. Date : Feb 6 Source: Proactive Investors Australia
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UK solar panels for Kolkata slumsA British renewable energy major is providing photovoltaic solar panels and other equipment as part of the Indian government''s plan to provide free shelter in the slums of Kolkata and other parts of the country. Based in Flintshire, Wales, eco-retailer Allbrite UK, is supplying the equipment for ''housing pods'' being developed by the Indian government to provide sustainable housing for the poor. The pods will be used in poverty-stricken parts of India, starting in the slums of Calcutta, and could also be used to provide emergency accommodation in the aftermath of... Read more.. Date : Feb 5 Source: MSN India
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Bangalore tops in generating e-wasteBangalore pays a price for being the Silicon Valley of India. There is mounting electronic waste, and of the 11,000 tonnes of e-waste produced by the state in a year, 6,500 tonnes come from Bangalore alone. AS Sadashivaiah, chairman, Karnataka State Pollution Control Board , said that there was an urgent need to manage e-waste scientifically. There was need for industry to step up efforts to deal with e-waste, especially since the rate of generation of such waste... Read more.. |
Energy security tops agenda during EU leaders meetIn order to find ways to boost innovation and ensure energy security, European Union leaders are all set to meet in Brussels under the chairmanship of European Council President Herman Van Rompuy. The leaders are also expected to discuss Egyptian violence and the debt crisis. "I would like... Read more.. |
India says developed world must lead on climate changeIndian Prime Minister Manmohan Singh on Thursday stressed that emerging economies were in no position to tackle climate change compared with developed countries which had caused the problem. India won widespread praise for showing new flexibility at the UN Cancun climate talks in December, where it appeared willing to reconsider its previous reluctance to sign up to a binding deal to cut emissions. But Singh, speaking at the Delhi Sustainable Development Summit, said fast-developing India and its 1.2 billion people held virtually no responsibility for global warming.... Read more.. Date : Feb 5 Source: Terra Daily
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Climate Change : India, Seychelles call for actionIndia today urged the industrialized nations to commit their emission reduction targets for 2020 that are consistent with the Copenhagen goal of containing the likely temperature increase to no more than 2 degree centigrade or less. Seychelles called upon the international community to help the small island states to save their ecosystems from the dreadful impact of climate change. Addressing the 11th Delhi Sustainable Development Summit on Thursday the Indian Prime Minister, Dr Manmohan Singh said that while India, China and other developing countries have all... Read more.. Date : Feb 5 Source: Mynews India
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PM: India to decrease GDP emission intensity by 20%Putting to rest all controversy on India’s stand on the climate change debate, Prime Minister Manmohan Singh emphasised on Thursday that India is set to reduce the emissions intensity of our GDP by 20 per cent between 2005 and 2020. To put this in effect, Dr Singh said, “we have set up a National Action Plan on Climate Change which will have eight national missions to look into different areas of sustainability and energy efficiency.” Speaking at the 11th Delhi Sustainable Development Summit, Dr Singh spelled out that “India’s Twelfth Five-Year Plan spanning the period of... Read more.. Date : Feb 4 Source: Asian Age
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India ready to cooperate with Yemen in power generationIndia voiced on Thursday readiness to cooperation with Yemen in the power generation from renewable resources. During his meeting with Yemen's ambassador to India Khadija Radman, Indian Minister for New and Renewable Energy Farooq Abdullah his country is ready to discuss with Yemen the possibility of implementing a pilot project to benefit from the solar energy in Yemen. During the meeting, they discussed the cooperation between Yemen and India in the field of generation electricity based on solar power and wind. The meeting dealt with the possibility of availing from... Read more.. Date : Feb 4 Source: Sabanews
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Reliance Power’s Sasan project gets carbon credit nodReliance Power announced on Thursday that its Sasan Ultra Mega Power Project (UMPP) has been registered with Clean Development Mechanism Executive Board (CDM-EB) of United Nations Framework Convention on Climate Change (UNFCCC). The registration with CDM-EB allows Sasan Project to earn certified emission reduction (CER) credits, each equivalent to one tonne of carbon-dioxide (CO2). These CERs can be traded and sold, and will result in significant additional revenues for the super-critical ultra mega power project. This is the first UMPP from India to be registered with the CDM–EB.... Read more.. Date : Feb 4 Source: Hindustan Times
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Taiwan Increases Offshore Wind Tariff 30 PercentDigiTimes reports that new feed-in tariffs posted by Taiwan's Ministry of Economic Affairs have increased offshore wind tariffs by more than 30%. While DigiTimes's report emphasized the cuts in solar photovoltaic tariffs, Taiwan has substantially raised its tariffs for wind energy. The new tariff, says DigiTimes, is 5.56 TWD ($0.192 USD) per kWh, 33% more than the previous tariff of 4.2 TWD ($0.145 USD) per kWh. The new Taiwanese feed-in tariff for offshore wind now rivals that of Ontario's offshore feed-in tariff of $0.19 CAD per kWh. Taiwan also raised the... Read more.. Date : Feb 4 Source: Renewable Energy World
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Finnish 'clean tech' firms look for joint venture in IndiaSeveral Finnish companies are keen to form joint ventures with Indian firms to expand their operations in the country and promote the use of clean technology, the Nordic nation's Environment Minister Paula Lehtomaki said Thursday. "Finnish companies are looking for partners in India. Some of them have already started their businesses with local partners. Many more are looking for partners to explore the possibility of further investment," the minister said. "Finland is a leader in green technologies. We have right technology and know-how and are keen to share it with... Read more.. Date : Feb 4 Source: Webindia 123
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54 CEOs Help Launch UN Program to Ramp Up SustainabilityChief executives from 54 companies around the world have joined forces with the United Nations to launch a new program aimed at raising the bar for corporate environmental, social and governance performance. Members of the new platform, called Global Compact LEAD, will work to implement the newly unveiled Blueprint for Corporate Leadership, a roadmap released by the UN Global Compact last year. The LEAD program's new members include Accenture, Intel, KPMG, Newmont Mining Corp., PricewaterhouseCoopers, Symantec, Coca-Cola, Novo Nordisk and Heineken, among others. All are also... Read more.. Date : Feb 3 Source: Green Biz
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PepsiCo reaping rewards of sustainable supply chainPepsiCo is among those businesses benefiting from sustainable procurement, with the US beverage giant uncovering more than $60 million in energy savings opportunities. The Carbon Disclosure Project 2011 Supply Chain Report, produced by management consulting firm A.T. Kearney, looked at climate change actions and performances of 57 leading global companies and 1,000 of their suppliers across a broad cross-section of industries. It found that more than half of large businesses and 25 percent of their suppliers have seen cost savings as a result of carbon management activities... Read more.. Date : Feb 3 Source: Supply Chain Digital
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Abengoa signs agreement with Bharat Heavy Electricals Limited to develop Concentrating Solar Power projects in IndiaAbengoa Solar S.A. (Seville, Spain) has signed an agreement with Bharat Heavy Electricals Limited (BHEL) and formalized a strategic partnership to jointly undertake Concentrating Solar Power (CSP) projects in India. Agreement also includes analysis of new areas of co-operation outside India This agreement is wide-ranging, covering joint supply and implementation of CSP plants through EPC contracts (Engineering, Procurement and Construction), Abengoa announced in a press release. It also includes analysis of new areas of co-operation outside India. BHEL is the largest... Read more.. Date : Feb 3 Source: Solar Server
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More Companies Finding Cost and Carbon Savings in Supply ChainsMore major companies are tracking their supply chain emissions, and many, along with their suppliers, are also saving money from reducing carbon. The Carbon Disclosure Project's latest supply chain report looks at what the 57 members of its Supply Chain program and 1,000 of their suppliers have been doing to integrate climate change into their businesses. The report, by consulting firm A.T. Kearney, looks at activities from 2010 and found that 86 percent of member companies worked with their suppliers on carbon-related activities, a jump from the 46 percent that collaborated... Read more.. Date : Feb 3 Source: Green Biz
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India, Germany ink energy, climate dealsIndia and German today signed two agreements worth over 500 million euros to step up cooperation in energy, environment protection and social sectors. "Two umbrella agreements amounting to a total of about 500 million euros were signed by German Ambassador Thomas Matussek and Prabodh Saxena, joint secretary in the finance ministry,” a German embassy statement said here. "Roughly 95% of the amount consists of preferential loans, the rest are grants and the agreements bring into force the commitments made by the German government in the annual Indo-German government... Read more.. Date : Feb 3 Source: Financial Express
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NTPC Vyapar Nigam to start getting solar power by OctoberBL reported that the first batch of solar power is expected to come from the existing photovoltaic developers that have shifted their projects under the Solar Mission and NTPC Vidyut Vyapar Nigam expects to start buying power generated from solar energy by October. Mr Anil Agrawal CEO of NVVN said that “We expect to start procuring solar power generated from the projects that would be grid connected by October.” Mr Agrawal told Business Line that the first batch of solar power is expected to come from the existing photovoltaic developers that have shifted the migrant... Read more.. Date : Feb 2 Source: SteelGuru
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Centre applauds UP for off-grid solar projectsThe Union new and renewable energy ministry said Uttar Pradesh was progressing ‘very well’ in off-grid solar energy space. “Solar energy projects are being taken up aggressively in Uttar Pradesh with active cooperation of all the stakeholders, including National Bank for Agriculture and Rural Development (Nabard), commercial banks, regional rural banks and state agencies,” A Raza, director in the ministry, told Business Standard here. The solar energy projects pertain to the setting up of small power plants, solar lighting systems at police stations, educational... Read more.. Date : Feb 2 Source: Business-Standard
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The Switch enters India's booming wind and solar marketThe Switch, a Finland-based new energy technology company, announced the expansion of its international presence by establishing a wholly-owned The Switch India office in Chennai. The new home base serves as the company’s beachhead to strengthen its business network and to lead business development efforts in the fast-growing wind and solar power market in India. Pertti Kurttila, VP, Supply at The Switch: “India’s growing wind and solar power market is highly attractive for us. The government’s wind and solar power program has been the fastest growing sector of the country’s energy... Read more.. Date : Feb 2 Source: Business Standard
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India's crops affected by erratic climateA number of India's key crops are experiencing the effects of climate change, experts say. H Pathak, an investigator with the Indian Agricultural Research Institute's Climate Change Challenge Program, said global warming isn't limited to a rise in average temperatures. "It's a little more complicated than that. There is for example also a rise in carbon dioxide and a change in rainfall patterns, which could affect India very severely because much of our agriculture is still rain-fed," Pathak told The Times of India. India would be the hardest hit by climate change in... Read more.. Date : Feb 2 Source: Upi.com
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Inox Renewables of India to Buy Wind Business of Gujarat FluorochemicalsInox Renewables Ltd., a unit of Gujarat Fluorochemicals Ltd., an Indian maker of refrigerant gases, plans to buy the wind energy business of its parent for an undisclosed sum. The board of Gujarat Fluorochemicals agreed to seek shareholders’ approval for the sale through a postal ballot, the company said yesterday in a statement to the Bombay Stock Exchange. The company has 65 megawatts of installed wind power capacity at its plants at Una, Himachal Pradesh state and Bawla, Gujarat state, and produced nacelles and hubs for wind turbines, according to its most recent annual... Read more.. Date : Feb 1 Source: Bloomberg
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