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Sustainability Outlook Headlines
Indian mining and power firm Neyveli tenders for 260MW solarNeyveli Lignite Corporation (NLC), an Indian state-owned mining and power company, is tendering for 260MW of grid-connected solar PV capacity in two Indian states. The firm has released a notice inviting bids, under a reverse bidding process, for four separate projects of 65MW capacity each, with two blocks in the mining and power generation township Neyveli, Tamil Nadu, and the other two PV blocks in... Read more.. |
Battery storage will be economic for households with rooftop solar by 2017Costs have fallen so rapidly for battery storage capacity that within two years the technology will be cheap enough for households with existing rooftop solar systems. That is according to a new report published today by the Renewable Energy Agency (REA) and consultancy KPMG, which found that by around 2017 the cost of lithium ion storage technology will have fallen low enough for early adopter households... Read more.. |
India Centre to cater to Chinese firms looking to invest in IndiaOne of the richest cities in China – Wenzhou — has launched an India China Economic and Cultural Centre (ICECC) to promote and facilitate investments in India. The launch, organised by the municipal government, was attended by over 120 Chinese investors from Wenzhou who are considering investment opportunities in India. In view of promoting trade, investment and cultural cooperation between the two countries... Read more.. |
Uttarakhand earmarks land for textile parkIn a boost to the textile industry in Uttarakhand, the state government has earmarked over 103 acres for the establishment of the long promised textile park at the State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd (SIDCUL), Sitarganj. The park is to be completed in the current year, said NK Koranga, DGM, SIDCUL, in Rudrapur. “We have started inviting applications from... Read more.. |
SECI solar tender for 500 MW in Maharashtra draws weak interestA 500-MW solar tender by Solar Energy Corporation of India (SECI) in the state of Maharashtra has received muted interest, consultancy Bridge to India said Monday. Fourteen developers have submitted bids in the tender, representing capacity of less than 1.8 GW. This is a highly subdued response when compared to recent allocations by power producer NTPC and some states, the consultancy said.... Read more.. Date : Jan 20 Source: SeeNews
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Yes Bank plans to list $500 million green bonds on London Stock ExchangePrivate sector lender Yes Bank Ltd aims to list up to $500 million green bonds on the London Stock Exchange Plc (LSE) by December and has tied up with the UK’s exchange group on debt and equity issuance. Yes Bank has also formalized the memorandum of understanding (MoU) signed with the LSE during Prime Minister Narendra Modi’s visit to the UK in November to develop bond and equity issuance, with particular... Read more.. |
Cheaper solar cells with power-conversion efficiency of 20%Scientists have developed a solar-panel material that can pave the way for cheaper solar cells while achieving competitive power-conversion efficiency of 20.2 percent. Some of the most promising solar cells today use light-harvesting films made from perovskites – a group of materials that share a characteristic molecular structure. ... Read more.. |
Delta retains No.1 position in grid tied inverters in the Indian marketDelta has announced that according to a recent report, it has been listed as the top grid tied solar inverter supplier in India in the rooftop segment for the period from January 1 to October 1, 2015 with a total market share of 22.7%. No. 2 was listed as SMA with 18.1% (with both grid tied and off-grid inverters combined) and No. 3 was Su-Kam with 7.6% market share. This was the second year in a row that... Read more.. |
Suzlon obtains 100.8 MW of wind power jobs in IndiaIndian wind power group Suzlon Energy (BOM:532667) has secured work on two 50.4-MW wind projects at home from National Aluminium Co Ltd (BOM:532234), or NALCO, and Hindustan Petroleum Corp Ltd (BOM:500104), also known as HPCL. Suzlon said on Monday it will develop, build and commission a 50.4-MW wind park for NALCO, using 24 units of its S97-90 turbines. Upon completion in fiscal 2017, the company will also... Read more.. |
Goliath Wind signs 100 million euro deal in IndiaThe Estonian wind turbine technology developer Goliath Wind has signed a 100 million euro partnership deal with India's Steelite Engineering Ltd. under which the Indian company will start producing wind turbines based on Estonian technology. The partners also set up a joint venture, Steelite Capella Wind Plc, that will market the India-produced turbines in India and close markets, Goliath Wind CEO Soren Horn... Read more.. |
The PV Market Alliance (PVMA) estimates photovoltaic installations of at least 51 GW in 2015After 40 GW of PV installations in 2014, a confirmation of PVMA last January early estimate, 2015 experienced a significant growth with a market reaching at least 51 GW, exactly matching last year PVMA central scenario forecast. Strong growth was observed in all major markets while more emerging market started to contribute to the global growth.
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Solar power tariff touches a new low of ₹4.34/unitSolar tariffs have fallen to an unprecedented low of ₹4.34 a kWhr. Finnish company Fortum Finnsurya Energy has quoted that tariff to bag mandate to set up a 70-MW solar plant under NTPC’s Bhadla Solar Park tender. NTPC bid out 420 MW under ‘batch II, tranche-I of the second phase of the National Solar Mission’, in six blocks of 70 MW each. ... Read more.. |
Textile Exchange updates sustainability standards for textile value-chainTextile Exchange has come up with new versions 2.0 of its Content Claim Standard (CCS) and Organic Content Standard (OCS), to make textile value-chain more sustainable. The certification bodies and certified organizations will have comply with the updates by January 1, 2017. The Content Claim Standard (CCS) released by Textile Exchange aims to ensure the accuracy of content claims by verifying the presence... Read more.. |
Govt to resolve committed liabilities under TUFSThe Government is working to resolve the issue of settlement of committed liabilities of around Rs 3,000 crore arising out of 'blackout and leftout' period cases under technology upgradation scheme (TUFS) for textile industry, Textiles Minister Santosh Gangwar has said. The settlement of committed liabilities had been a grey area after the government did not mention anything about it when it notified the... Read more.. |
Discoms propose increase in power tariffThe two distribution companies -- AP Southern Power Distribution Company and the AP Eastern Power Distribution company -- have proposed tariff hikes to different categories of consumers. The discoms propose to raise Rs. 738 crore through the proposed tariff hike and agriculture consumers and other low end domestic consumers had been spared from the hike. According to sources, the discoms have proposed to... Read more.. |
Innovative Project to Provide Renewable Energy 24/7 to Chilean VillageA novel energy project in Chile will combine a pumped-storage hydroelectric plant operating on seawater and a solar plant, to provide a steady supply of clean energy to a fishing village in the Atacama Desert, the world’s driest. The idea may seem unlikely, given the extreme aridity and lack of water in northern Chile, where copper, gold and silver mining corporations use most of the water and energy... Read more.. |
NBFCs seek SDR provisions to tackle infra sector stressed assetsNon-banking financial companies (NBFCs) have asked the Reserve Bank of India (RBI) to consider extending provisions of the strategic debt restructuring (SDR) scheme to them as many of them lend to the infrastructure sector where stress levels continue to be high, said two people familiar with the development. The request was put across at a closed-door meeting between RBI governor Raghuram Rajan, select... Read more.. |
HP nod for JV firm to implement solar parkThe Himachal Pradesh cabinet on Thursday gave its nod for the formation of joint venture company "Himachal Pradesh Solar Power Corporation Limited" for the implementation of 1,000MW solar park in Spiti valley of Lahaul-Spiti district. With this, the dream to harness solar power in the cold desert in high Himalayas has inched towards reality. Himachal Pradesh has already set up large number of hydro projects to harness the hydro power potential but not much has been done to tap solar power. For the first time... Read more.. |
IFC To Help Implement 750 MW Solar Power Plant In IndiaIndia’s plans to implement ultra mega solar power projects has received a major boost following a commitment from the International Finance Corporation. The International Finance Corporation (IFC) has signed an agreement with the government of the state of Madhya Pradesh in India to set up a 750 MW solar PV power plant — expected to be among the first ultra mega solar power projects to be commissioned in... Read more.. |
India To Add 2 GW Solar Power Capacity In Next 3 MonthsIndia is expected to significantly overachieve on its solar power capacity addition target for the financial year 2015-16, a consultancy firm has projected. Solar consultancy firm Bridge to India expects that around 2 GW of solar power capacity is expected to be added between January and March 2016. A large portion of this capacity is expected to be developed across four states – Tamil Nadu, Madhya Pradesh,... Read more.. |
Doubling today’s share of renewable energy can bring economy up to $1.3 trillion: IRENA reportThe recent, historic Paris Agreement at COP21 has established that the world must quickly embrace a low carbon path to avoid the risks of runaway climate change. Today, new analysis by the International Renewable Energy Agency (IRENA) shows once again that investing in low carbon energy is also beneficial for the economy. In fact, doubling today’s share of renewable energy in the global energy mix to 36% by... Read more.. |
Sembcorp to set up 1,000 MW wind energy plant in MPSembcorp Green Infra will set up a 1,000 MW wind energy plant in western Madhya Pradesh under a memorandum of understanding (MoU) with the state government, Chief Minister Shivraj Singh Chauhan said on Friday. Sembcorp Green Infra, a subsidiary of Singapore-based Sembcorp Industries Ltd., is a result of parent company’s acquisition of renewable energy firm Green Infra Ltd. in February 2015. The company has... Read more.. |
Center notifies revised standards for CETPs to minimise water pollutionThe Center has notified revised standards for Common Effluent Treatment Plants (CETPs), operating at various industrial clusters in the country, to minimise water pollution. The revised standards, notified by the Union environment ministry on January 1, will help in significantly improving the performance of CETPs through implementation of design inlet quality, addressing the problems of the coastal... Read more.. |
Start-up India begins today with hopes of a lenient regulatory regimeAs India seeks to project itself as a top destination for technology and e-commerce start-ups, investors and entrepreneurs are hoping for a host of incentives such as low or no taxes, easy registration of companies and a generally lenient regulatory regime when government officials meet some of world’s best-known start-up names at the Start-up India event in New Delhi on Saturday. Investment company SoftBank... Read more.. |
Record $41.8 Billion Of Labelled Green Bonds Issued In 20152015 was a bumper year for labelled green bonds market as it saw record issuance from existing and new issuers. According to the Climate Bonds Initiative, a record $41.8 billion worth of labelled green bonds were issued across the world in 2015, an increase of 13% over 2014, and a huge jump over the total issuance in 2012, which was only $2.6 billion. ... Read more.. |
