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Sustainability Outlook Headlines
German startup's IT solution would enable integration of renewable energy sources in traditional electrical gridsName of the Company: Venios Set up in: 2012 Based in: Frankfurt, Germany (setting up in India this year) Founders: Dr Jonas Danzeisen and... Read more.. |
Gamesa bags 198MW wind turbine contract in IndiaGamesa will deliver almost 100 turbines to India later this year after the company bagged orders worth 198MW. The Spanish outfit said that 50 G114-2.0MW turbines are set to make their way to an unnamed wind farm in the Karnataka region. The turbines will be commissioned in March 2017. A further 12 G114s... Read more.. |
BRICS Bank Approves $811 Million Funding For Renewable Energy ProjectsAs promised, the BRICS New Development Bank has approved its first funding for renewable energy projects.
The BRICS New Development Bank has approved funding for a total of $811 million to banks and institutions in Brazil, India, China, and South Africa. Bank President KV Kamath has repeatedly stated that the first funding from the New Development Bank will go to a renewable energy project.
Brazil’s Banco Nacional de Desenvolvimento Economico e Social will get the largest lending support worth $300 million. The credit line will be used... Read more.. Date : Apr 26 Source: Clean Technica
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After Gujarat, Punjab and Andhra Pradesh to put solar panels on canals to boost green powerPunjab and Andhra Pradesh have embraced an innovative project implemented in Gujarat by Narendra Modi as chief minister to cover the Narmada Canal with solar panels as the two states look to boost solar power generation. While Punjab has commissioned two projects to install solar panels on the Sidhwan Branch Canal and Ghaggar Branch Canal at a cost of Rs 51 crore, Andhra Pradesh has chosen the Losari Canal and the Polavaram Right main canal in West Godavari district. The 400 kW project... Read more.. Date : Apr 26 Source: The Economic Times
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Investment in clean energy at Rs 90,841 crore in last 3 fiscals: GovernmentAn investment of Rs 90,841.16 crore was made in the renewable energy sector in the country during three fiscals to 2015-16, government said today. "Total investment made in renewable energy sector in all states, including Jharkhand and Gujarat, during the last three years is Rs 90,841.16 crore," New & Renewable Energy Minister Piyush Goyal said in a written reply to the Rajya Sabha. The minister also informed the House that the Ministry of New and Renewable Energy has provided... Read more.. Date : Apr 26 Source: The Economic Times
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Tata Power to increase its share of Renewable Energy Capacity up to 30-40% by 2025Tata Power has decided to increase the share of its renewable energy output to 30-40% by 2025, up from its earlier target of 20%, a top company official has said. Currently, the private sector utility has an operational capacity of 9,156 mw, including 693 mw from hydel, 593 mw from wind and 60 mw from solar sources. ... Read more.. |
Hyderabad to install LED lights to save energyThe Greater Hyderabad Municipal Corporation will replace the old street lights with power saving LED lights in Circle 10 in phases on a pilot basis. Of the 4.16 lakh street lights in Greater Hyderabad, 32,500 exist in the Circle 10 area covering Jubilee Hills, Banjara Hills, Ameerpet, Punjagutta, Begumpet, Khairatabad, Lakadikapul, Somajiguda, Balkampet, Sanjeevareddy Nagar and other places. LED lighting is expected to save up to 50 to 60 pc of energy consumption. At present, the 32,500 street lights are... Read more.. |
Agra seeks to turn waste into energyThe Agra Municipal Corporation is planning to commence door-to-door garbage collection in the city. Four private companies have applied to partner with the corporation to pick up the long pending endeavour. Municipal Commissioner, Indravikram Singh talking to TOI said, "We are in the process of scrutinizing and examining the documents received from the four companies in response to the tender floated by AMC earlier. We will probably finalize the bids next week. Door-to-door garbage collection will be... Read more.. |
Raipur Post Offices to go the Solar Power wayTo cope up with the erratic electricity supply in remote areas of sprawling Raipur revenue division, some of the rural post offices are opting to Solar Panels for uninterrupted power supply to improve their customer services. Though the process is at the initial phase. “We have received budget for some of our village based post offices and aim to begin the functioning of such post offices with solar lights... Read more.. |
India signs climate pact along with over 170 states at UNIndia signed the historic Paris climate agreement here along with more than 170 nations, marking a significant step that has brought together developing and developed nations for beginning work on cutting down greenhouse gas emissions to combat global warming. Environment Minister Prakash Javadekar signed the agreement in the UN General Assembly hall at a high-level ceremony hosted by UN Secretary-General... Read more.. |
International Solar Alliance vows to lower finance cost, talks of $1 tn investmentParticipating nations at an event on the International Solar Alliance (ISA) have pledged to take concerted action to lower finance cost and facilitate investment flow of over USD 1 trillion in solar assets, among a raft of other initiatives. Power, Coal and Renewable Energy Minister Piyush Goyal, French Minister of Environment, Energy and the Sea, and President of COP 21 Segolene Royal co-chaired the... Read more.. |
Three panels formed to improve quality control of solar modules and productsThe Ministry of New and Renewable Energy (MNRE) has set up three committees to improve quality control of solar modules and products. One panel will prepare a policy for testing laboratories, another will set technology and product standards and the third will look into regulations governing solar products. "We want to have a regulatory mechanism for solar products," said Varsha Joshi, joint secretary in the... Read more.. |
Walmart India partners with Amplus Energy Solutions to provide green energyIn its commitment to strengthen the use of renewable energy and reduce carbon footprint, Walmart India and Amplus Energy Solutions has announced a partnership for green energy. The companies signing a Power Purchase Agreement for 15 Best Price Modern Wholesale Stores located across five states – Punjab, Uttar Pradesh, Madhya Pradesh, Rajasthan and Andhra Pradesh. The total capacity that will be provided... Read more.. |
India’s Mytrah Energy Secures $175 Million Debt Funding From ADBIndian renewable energy companies are on a fundraising spree these days, with plans to contribute as much as possible towards the achievement of the ambitious capacity addition targets set by the government. Independent renewable power producer Mytrah Energy recently announced that it secured debt funding worth $175 million from the Asian Development Bank. The funding will be used for the implementation of... Read more.. |
India will become fourth largest solar market in 2016: reportWith expected new capacity addition of 5.4 gigawatt (GW) in 2016, India will become the fourth largest solar market globally this year, overtaking the UK, Germany and France, a report released by Bridge to India (BTI), a renewable energy consulting firm, said on Friday. A rapid reduction in costs and increased demand for solar installation has fanned tremendous growth over the past 12 months in the country’s... Read more.. |
Maharashtra cracks whip on industries polluting water bodiesTaking cognisance of commercial users, especially distilleries in Aurangabad polluting water bodies, Maharashtra government has cracked the whip on such units by making penalties more stringent. A Government Resolution (GR) issued by Water Resources department here today stated that henceforth, industries and those consuming water if found polluting nearby water bodies by discharging untreated effluents... Read more.. |
Maharashtra govt can make recycled water use mandatory for factoriesAgainst the backdrop of severe drought plaguing the state, Maharashtra government is mulling to bring a law which will make it mandatory for industries to use recycled water. In its measures to mitigate the acute water crisis, Maharashtra Industries minister Subhash Desai said he has instructed authorities concerned at Maharashtra Industries Development Corporation (MIDC) to study feasibility of raising the... Read more.. |
Low -cost solar cells developedIn a breakthrough, scientists have set a new world record for fullerene-free polymer solar cells that are cheaper and more efficient. Polymer solar cells have in recent years emerged as a low-cost alternative to silicon solar cells. In order to obtain high efficiency, fullerenes are usually required in polymer solar cells to separate charge carriers. However, fullerenes are unstable under illumination, and... Read more.. |
Odd-even has no impact on vehicular pollution: CPCB tells NGTThere is no data to suggest that the odd-even scheme has led to a decline in vehicular pollution in the national capital, CPCB said on Thursday. On being informed about this by the apex pollution monitoring body, the National Green Tribunal (NGT) asked the Delhi government, which is implementing the second phase of the car-rationing scheme, why 15-year-old vehicles cannot be taken off the roads.... Read more.. |
Solar firm SkyPower looking for local partners in IndiaCanadian solar power firm SkyPower Global, which has won projects to develop 350 MW capacity in the country, is scouting for local partners and has hired investment banker Greenstone Energy Advisors to help its search. "In every single market we are in today, we have entered after choosing a local partner. India is the only exception," SkyPower CEO Kerry Adler told ET in an exclusive interview. "But here too... Read more.. |
Kerala company builds country’s largest solar ferryThe backwaters of Kerala will soon have the country's largest solar-powered ferry ferrying vehicles and passengers between Vaikom and Thavanakadavu in Alappuzha. The commercially viable solar ferry, having the size of four buses arranged in a matrix of 2x2, would cost more than conventional diesel powered ferries of the same capacity, but, Sandith Thandasherry, chief executive officer at NavAlt Solar &... Read more.. |
India close to being water scarce from water stressed: TERIIndia is close to being water scarce from water stressed, said The Energy and Resources Institute (TERI), at the India Water Forum. TERI announced signing of an MoU with WAPCOS, a PSU under the aegis of Union Ministry of Water Resource, River Development & Ganga Rejuvenation, Government of India. The... Read more.. |
Groundwater depletion shifting Earth's axis: ScientistsGroundwater depletion in India is a calamity that now calls for urgent measures. What is less well known, though, is that Earth's spin around its axis too is especially sensitive to changes in the mass of water beneath Earth's surface. By the law of rotation, the 45 degrees North and South latitudes would play an especially important role in determining the spin. And India's groundwater depletion has indeed been causing a shift in the axis, scientists have explained in a paper published earlier ..... Read more.. |
Indian state-run firms to launch $1 billion masala bondsIn an attempt to raise resources for India’s ambitious green energy programme, state-run firms, such as NTPC Ltd, Neyveli Lignite Corp. Ltd, Power Finance Corp. Ltd (PFC), Rural Electrification Corp. Ltd (REC) and PTC India Ltd, plan to issue masala bonds to raise $1 billion, according to a government statement released on Wednesday. The statement added that Energy Efficiency Services Ltd, a joint venture of... Read more.. |
India appeals against WTO solar rulingIndia on Wednesday appealed to the World Trade Organization’s highest court—the Appellate Body—to dismiss a lower panel ruling that effectively struck down the government’s local content requirements for solar cells and modules for promoting renewable energy following a dispute raised by the US. New Delhi appealed against several issues of the panel concerning the interpretation of Article III: 8 (a) dealing... Read more.. |