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Sustainability Outlook Headlines
Solar power generation capacity to go up by 5 GW in 2016: ReportIndia is expected to see an additional solar power generation capacity of 5 GW this year, much higher than witnessed in 2015, according to a report. "The Indian solar market is growing in size but the question is: is it too much too fast, as infrastructure and systems have not kept pace with auction announcements. ... Read more.. |
Brookfield Asset Management gearing up for India renewable energy buyoutCanada based Brookfield Asset Management which handles $200 bn of diversified assets across the globe is betting big on the Indian renewable energy sector and is preparing for its first major acquisition in the segment. "Brookfield Asset Management is in talks for a 100% buyout of the renewable energy business of Hyderabad -based NSL ( Nuziveedu Seeds Ltd) Group," two individuals familiar with the potential... Read more.. |
Mumbai Metro One to install solar panels on 12 stations, depotMumbai Metro One today announced installation of the rooftop solar panels on all 12 stations on the 11 km Versova-Andheri-Ghatkopar corridor, operated by it, as well as in depot area. "The rooftop solar panels will be installed at four locations in its depot and at all the 12 stations. The entire solar power generating system will have an installed capacity of 2.3 MW, out of which about 2 MW will be produced... Read more.. |
TetraPak Pledges 100% Renewable Energy By 2030TetraPak, the world’s largest manufacturer of recyclable food and beverage packaging, has joined forces with RE100, “a collaborative, global initiative of influential businesses committed to 100% renewable electricity, working to massively increase demand for — and delivery of — renewable energy.” Today, about 20% of the electricity TetraPak uses in its manufacturing process comes from renewable sources. It intends to increase that to 100% by the year 2030. ... Read more.. |
Daimler India expands solar power capacity to 3.3 MegawattsDaimler India Commercial Vehicles (DICV) has completed a major expansion of its solar power generation capacity, at the company's manufacturing plant located in Oragadam, near Chennai. DICV has made a significant addition to the photovoltaic cell installations at its manufacturing plant, which has increased its power generation capacity from 0.8 MW to 3.3 MW. The solar power field has been located... Read more.. |
Hyderabad to get more CNG facilitiesPetroleum and Natural Gas Minister Dharmendra Pradhan has said that the Central government will sanction more compressed natural gas (CNG) facilities for Hyderabad to promote greener transport and clean fuel. Answering a question on withdrawal of CNG pumping stations in Hyderabad in view of poor availability of gas from K-G basin, Mr. Pradhan told a media conference here that the government will take steps... Read more.. |
India, US announce $60 million clean energy financial supportIndia and the US on Tuesday announced the setting up of two financial assistance programmes worth $60 million for supporting India's much-needed clean energy initiatives including in solar power and other renewables. "The United States is committed to bring to bear its technical capacity, resources and private sector, and is jointly launching with India new efforts, to spur greater investment in India's... Read more.. |
Ministry plans phase II of solar parks, doubles target to 40,000 MWThe Ministry of New and Renewable Energy (MNRE) is planning a second phase of setting up solar parks across the country, twice as ambitious as the first. Unlike the previous one, the new round will set aside a portion where the solar power producer will also have to set up facility to store the energy in batteries. In the first phase, formulated in 2014-15, vacant land capable of hosting solar panels to... Read more.. |
Assam keen to join Uday Scheme: Piyush GoyalPower Minister Piyush Goyal today said Assam is keen to join the Uday scheme, which is aimed at reviving the debt-laden power distribution companies. “Already, the Chief Minister of Assam has conveyed to me that Assam wants to join Uday as soon as possible,” the Union Minister told reporters here on the sidelines of ‘National Workshop on Rooftop Solar’. ... Read more.. |
Indian renewable energy firm Greenko says it has raised $230 million from ADIA, GICGreenko Energy Holdings, one of India's leading renewable energy firms, said on Tuesday it has secured $230 million in total new funds from an entity owned by the Abu Dhabi Investment Authority (ADIA) and an affiliate of Singapore sovereign wealth fund GIC. ADIA will invest $150 million, Greenko said in a statement. It also disclosed for the first time that GIC agreed to invest $80 million in the business in... Read more.. |
Prakash Javadekar slams pollution report on Delhi, ministry later withdraws remarkIn an unusual turn of events, the ministry of environment and forests "withdrew" a statement by minister Prakash Javadekar that had slammed as "not correct" a study released by the Indian Institute of Tropical Meteorology which said life expectancy in Delhi and other cities was decreasing due to pollution. The minister had further said the study's release when PM Narendra Modi was in the US seemed motivated... Read more.. |
Adani Green Energy may tie up with SunEdison for $2 billion solar forayAdani Green Energy Ltd, the renewable energy arm of the Adani Group, is considering a technical partnership with global major SunEdison Inc for its $2-billion foray into integrated solar manufacturing. The collaboration is being considered despite SunEdison's recent troubles, which saw the renewable energy heavyweight file for protection from its creditors in the US in late April. "We are also looking at two... Read more.. |
IEA: There are now more than one million electric cars on the world’s roadsIn 2015, the number of electric cars on the road globally passed the one million threshold for the first time. The rapid growth of the industry means that it is now the only technology sector on track to meet the International Energy Agency’s (IEA) 2C scenario. This is the conclusion of the IEA’s Energy... Read more.. |
IRENA: Global renewable energy jobs increased in 2015The International Renewable Energy Agency has released a report finding more than 8.1 million people worldwide are currently employed by the renewable energy industry, up 5 percent from last year. The report, titled “Renewable Energy and Jobs—Annual Review 2016,” determined the total number of renewable energy jobs increased in 2015 while jobs in the broader energy sector fell. In the U.S., renewable energy... Read more.. |
Coca-Cola India Foundation announces solar electrification in RajasthanIn a country where one-fourth of the population lack access to electricity, The Coca-Cola India Foundation, Anandana along with its implementing partners Advit Foundation, Manthan Sansthan, Prayatna Sansthan, and Social Action For Rural Advancement (SARA) and today announced the execution of solar electrification of 15,000 houses by 2017 in Rajasthan, marking the celebration of World Environment Day. With an... Read more.. |
Bionic leaf turns sunlight into liquid fuelThe days of drilling into the ground in the search for fuel may be numbered, because if Daniel Nocera has his way, it’ll just be a matter of looking for sunny skies. Nocera, the Patterson Rockwood Professor of Energy at Harvard University, and Pamela Silver, the Elliott T. and Onie H. Adams Professor of Biochemistry and Systems Biology at Harvard Medical School, have co-created a system that uses solar... Read more.. |
Central ministries to pledge to produce 5,000MW solar powerThe Centre will now lead by example in propagating the use of solar energy . At a workshop on rooftop solar to be in New Delhi on Tuesday, 50-odd central ministries will pledge to install solar panels on the rooftops of the buildings they occupy as well as on vacant lands they own to produce power "Ministries and departments will present commitment certificates to develop rooftop solar," said Upendra... Read more.. |
Government announces policy to make Delhi 'solar city'Giving a major push to clean energy , the AAP government today came out with an ambitious policy announcing incentives and tax breaks to promote solar power and making it mandatory for government and public institutions to install rooftop solar panels. The solar policy, finalised at a cabinet meeting chaired by Chief Minister Arvind Kejriwal, aims to make Delhi a " solar city " through generation of 1,000... Read more.. |
NTPC to explore more addition of renewable energy to portfolioNTPC (BSE 0.82 %) will revisit its corporate plan to explore further addition of renewable energy to its power generation portfolio, the chairman of India's largest electricity producer said. NTPC will enter wind power projects with plans to set up 1,000 MW capacity, Gurdeep Singh said. The state-run company is firming up plans also to set up 10,000 MW solar plants. NTPC is targeting 128 GW of capacity by... Read more.. |
EDF Energies Nouvelles, EREN Renewable Energy may exit Acme SolarFrench firm EDF Energies Nouvelles and Luxembourg-based EREN Renewable Energy may exit Acme Solar , their joint venture in India with Acme ACleantech Solutions, industry sources said. "EDF and EREN are parting ways with Acme," a person aware of the development said. "Maybe the foreign players had a different set of expectations from Acme," the person told ET. EDF and EREN hold 25% stake each in the company... Read more.. |
Green panel defers clearance to Coal India Limited’s washery in OdishaA high-level panel has deferred green clearance to Coal India's 10 MTPA washery in Odisha and sought more information from the company, a move that may hit government's plan to provide quality fuel. The state-owned company has plans to set up 15 washeries by next year. "The proposal was for grant of... Read more.. |
Climate change making the Arctic green, says NASAClimate change and global warming are showing their effects faster than you can even begin to imagine the criticality of the situation. The magnitude of the dire consequences of the phenomenon are being measured by scientists and researchers across the globe, by monitoring the Arctic snow. Scientists at... Read more.. |
New green norms to make power, fuels, cars costlierConsumers will have to shell out more for power, fuel and cars in a few years as these industries begin to pass on the burden of technology upgrades being put in place for meeting increasingly stringent environmental and emission norms. The new environmental norms for coal-fired power plants, for example, are expected to push up electricity cost by 40-50 paise per unit. Motor fuels could become costlier by... Read more.. |
DMRC developing metro forest in JaipurThe dry climes of Jaipur haven't stopped the Delhi Metro from trying to build a city forest. Delhi Metro, which built the first phase of the metro - which was commissioned in June last year - is in the process of implementing the second phase. Along with the construction of the metro line, the agency is developing a "metro forest", as it is calling the green area. Delhi Metro Rail Corporation ( DMRC ) spokesman Anuj Dayal said, "Jaipur Metro has developed a metro forest in 5 hectares of fo ..... Read more.. Date : Jun 7 Source: The Economic Times
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First-Ever Global Standard Allows Countries, Companies to Measure Food Loss and WasteA partnership of leading international public and private organizations launched the Food Loss and Waste Accounting and Reporting Standard at the Global Green Growth Forum (3GF) 2016 Summit today in Copenhagen. The FLW Standard is the first-ever set of global definitions and reporting requirements for companies, countries and others to consistently and credibly measure, report on and manage food loss and waste. The standard comes as a growing number of governments, companies and other entities are making... Read more.. |
