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Sustainability Outlook Headlines
Goldman-Backed Renew Leads Solar Auction Winners in IndiaReNew Power Ventures Pvt., a clean-energy developer backed by Goldman Sachs Group (GS) Inc., won the most capacity in a government solar auction in the central Indian state of Madhya Pradesh. ReNew was awarded a license to build a 30-megawatt photovoltaic plant after bidding to sell power at 6,970 rupees ($112) a megawatt-hour, according to S.R. Mohanty, secretary of new and renewable energy in the state. That’s about 19 percent below the global average price for electricity generated by panels, according to data compiled by... Read more.. |
BORG Energy India to set up assembly plant; shortlists 2 sitesBORG Energy India, an arm of US-based BORG Inc, is considering two sites in Haryana and Andhra Pradesh for setting a solar equipment assembly plant, which will cater to domestic market and African region. The company says it will finalise the location once the political situation in Andhra Pradesh is clear. "We are looking at a location for setting up an assembly plant which will cater to the Indian and African markets. We have seen locations in Andhra Pradesh and Haryana and will soon finalise... Read more.. |
J&K Signs MoU for 7500 MW Solar Power GenerationThe Jammu and Kashmir government today signed an MoU with the Ministry for New and Renewable Energy (MNRE), Government of India, for implementation of solar power projects of the capacity of 7,500 MW. The agreement was signed at a high-level meeting of the senior officers of the state government and MNRE, chaired by the Union Minister for New and Renewable Energy, Farooq Abdullah here today. Under the MoU Solar Projects of the capacity of 5,000 MW in Ladakh and 2,500 MW in Kargil possessing... Read more.. |
Project to Destroy CFCs CompletedEOS Climate has completed a pioneering project that demonstrated how carbon finance can address remaining inventories of chlorofluorocarbon (CFCs) refrigerants in developing countries. The project destroyed CFC refrigerants from Nepal in conformance with the Climate Action Reserve’s protocol for ozone-depleting emissions. The project was authorized by the Executive Committee of the Montreal Protocol Multilateral Fund (MLF). EOS worked with the United Nations Environment Programme (UNEP) and Emergent Ventures India (EVI). This single... Read more.. |
New process to make bio-aviation fuel cheaperBased on pilot plant studies of a state-of-the-art process developed by the Indian Institute of Petroleum here, a unit in a refinery is being revamped to yield 40,000 tonnes a year of bio-aviation turbine fuel at competitive rates. It will be blended with fossil jet fuel for running commercial flights. M.O. Garg, Director of the Institute, disclosed this at a National Science Day workshop on ‘Bio-Jet Fuel-A Key to Future Green and Sustainable Aviation’ held here on Saturday. He said that under the... Read more.. |
Low-cost clean methanol hope for cheaper fuelAn international research team has discovered a potentially clean, low-cost way to convert carbon dioxide into methanol, a key ingredient in the production of plastics, adhesives and solvents, and a promising fuel for transportation. Scientists from Stanford University, SLAC National Accelerator Laboratory and the Technical University of Denmark combined theory and experimentation to identify a new nickel-gallium catalyst that converts hydrogen and carbon dioxide into methanol with fewer side-products than the conventional catalyst... Read more.. |
Taqa buys India energy plants in a $1.6 billion dollar dealA consortium led by Abu Dhabi National Energy Company, or Taqa, has agreed to acquire two hydroelectric plants in India with combined capacity to generate 1,391 megawatts. The enterprise value of the deal is pegged at around $1.6 billion comprising both debt and equity. The agreement follows the signing of the UAE-India Bilateral Investment Promotion and Protection Agreement in December 2013 and a commitment made by the UAE to invest $2 billion in India’s infrastructure sector at the first UAE-... Read more.. |
Solidaridad, HUF launch water efficiency programmesKolkata: Solidaridad, an international network organisation and Hindustan Unilever Foundation (HUF) together launched a water linked sustainable supply-chain intervention that is expected to save approximately one trillion liters of water through sustainable agriculture, here on Tuesday. Explaining the reason behind targeting India and other south-east Asian countries as their area of operation, Shatadru Chattopadhyay , Managing Director of Solidaridad Network Asia said,"The concept that the southern part of the world is the... Read more.. |
Green Tribunal proposes heavy fine for illegal dumping of garbageHeavy penalty for dumping malba and garbage in open drains and by the roadside in the city could soon become a reality. The National Green Tribunal on Wednesday asked the civic agencies “why in addition to a meagre fine provided under the Municipal Corporation Act in this regard, the Tribunal should not invoke the “polluter pay principle” and direct payment of much higher costs on throwing garbage, malba (debris)” on roads, in drains and even by the roadside. The Tribunal also directed the... Read more.. |
Renewable Energy Certificate tradings volumes doubled in February: Indian Energy ExchangeNEW DELHI: The traded volume of renewable energy certificates more than doubled this month on the Indian Energy Exchange (IEX). Prices of these certificates both in solar and non-solar segments, however, remained flat on a month-on-month basis. The total traded volume of RECs, during yesterday's session, touched 1,83,923. In January, the same was at 84,472. One Renewable Energy Certificate (REC) is equivalent to 1 MWh of energy generated from renewable sources. These are used as instruments to help entities meet the Renewable Purchase Obligation set by states. ... Read more.. Date : Feb 28 Source: Economic Times
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India Power to invest Rs 150 Crore in GayaThe company will begin operations from Mar 1. The franchisee’s responsibilities will include distribution of power, as well as issuing new connections, metering, billing and collection, the maintenance and upgradation of the distribution network, and attending to customer grievances. India Power Corporation (Bodh gaya) Limited has been formed to cater the work related to this distribution franchise. India Power will be handling more than 1,00,000 consumers with a variety of power needs, including agricultural, commercial and... Read more.. |
"Bin It Bengaluru" campaign receives huge support from corporatesBANGALORE: TE Connectivity, a world leader in connectivity and Samarthanam Trust for disabled, on February 25 celebrated the success of the " Bin it Bengaluru" initiative. The campaign witnessed the contributions from 61 corporates, 102 apartments, 25 schools and more than 3,500 individual households across Bangalore. This resulted in a revenue of over Rs.25 lakhs and positively impacting the lives of 171 disabled people and those from disadvantaged backgrounds. This campaign was initiated as part of the "Joy of Giving Week" from... Read more.. |
Kolkata forays into residential green-building leagueKOLKATA: The city finally has a couple of environment-friendly residential apartments to feel proud of. The premium projects - Astitva by Primarc and MCK groups and Platinum by Godrej Properties - join the elite league of over 250 such projects countrywide, including a slew of projects in the National Capital Region, Mumbai, Bangalore, Chennai and Hyderabad. Both Astitva located in north Kolkata's Kankurgachi and Platinum in posh Alipore have received gold certification from the Indian Green Building Council (IGBC), the second... Read more.. |
India's Diesel Subsidy Spurs Pollution Worse Than BeijingMolecular biologist George Easow’s move to India to start a clinical diagnostics business lasted just three weeks before he was convinced to return to the U.K. The convincing was done by his seven-month-old daughter Fiona. Within days of moving to New Delhi, the child was wheezing and gasping for air because of smog. “She could hardly breathe,” said her father. Fiona was kept indoors and put on medication. Nothing worked. “We had to make a call,” Easow said, adding her symptoms disappeared once... Read more.. |
For energy fix, India to talk $5bn gas pipeline project with Oman, IranIndia will on Friday open formal talks with Iran and Oman for a deep-sea gas pipeline — three decades after the idea was floated — when external affairs minister Salman Khurshid meets foreign ministers of the two countries. Khurshid is to meet Oman’s foreign minister Yousuf bin Alawi bin Abdullah in the afternoon and his Iranian counterpart Javad Zarif later in the evening. This is the first time that the project, which could cost around $5 billion, will be discussed at the level of foreign ministers, a government official told HT... Read more.. |
Vadodara Municipal Corporation launches e-waste collection driveThe Vadodara Municipal Corporation has launched an e-waste collection drive in the city. This follows the signing of an MoU between VMC and ECS Environment Pvt Ltd, an Ahmedabad-based firm, under which the company will collect e-waste from the people, VMC's standing committee chairman Hitendra Prabhudas Patel told PTI today. The vendor company will reward people with cash for trading their old electronic gadgets, including televisions, washing machines, mobile phones, monitors, gaming consoles and... Read more.. |
Rooftop PV bids for India's national solar mission publishedThe Solar Energy Corporation India (SECI) has revealed the successful bidders for on-grid rooftop PV tenders, to count towards the country's national solar mission. The published results are for successful bids for tenders to develop rooftop PV in selected Indian cities and states. The installations will count towards the goals of India's Jawaharlal Nehru National Solar Mission (JNNSM), which aims for 22GW solar to be installed by 2022. This is the third phase of bids for on-grid rooftop solar PV... Read more.. |
MPCB proposes tougher sewage treatment normsPUNE: Stringent and uniform standards for sewage treatment in residential buildings and industries with more than 20,000 sq m built-up area is in the offing. The Maharashtra Pollution Control Board has proposed that all sewage treatment plants should meet inland freshwater discharge standards to promote recycling and reusing of treated waste. The pollution control board has invited suggestions for and objections to the proposal. MPCB officials said all residential buildings and industries with... Read more.. |
India, Azerbaijan Set To Boost Energy Co-operationIndia and Azerbaijan have decided to strengthen energy co-operation in the coming days. During the third meeting of the Inter-Governmental Commission on Trade and Economic, Science and Technology Co-operation between the two countries in New Delhi on Tuesday, they agreed to constitute a joint working group in the field of hydrocarbon. After the meeting, Indian Minister of State for Commerce and Industry EMS Natchiappan and Azerbaijan’s Minister of Ecology and Natural Resources Huseyngulu Baghirov told the local media that the... Read more.. |
India's largest solar plant in MP, Modi calls it 'saffron revolution'Inaugurates India’s largest solar power plant at Neemuch in the presence of his Madhya Pradesh counterpart Shivraj Singh Chouhan Gujarat Chief Minister Narendra Modi launched a 130-MW solar power plant at Bhagwanpur in Neemuch, about 400 km from here, on Wednesday. Madhya Pradesh Chief Minister Shivraj Singh Chouhan was present. The Welspun Solar MP project, the largest solar power plant in India set up at a cost of Rs. 1,100 crore on 305 hectares of land, will supply power at Rs. 8.05 a kWh.... Read more.. |
MNRE and MoP&NG sign MoU for energy security - Free Press JournalSecretaries of Ministry of New & Renewable Energy (MNRE) and Ministry of Petroleum & Natural Gas (MoP&NG) Vivek Rae and Dr Satish Agnihotri sign a MOU in the presence of Dr. Veerappa Moily, Minister (MoPNG and MoEF) and Dr. Farooq Abdullah, MoS (MNRE). The aim is to enhance energy security along with clean energy development through investments in Solar, Wind and other renewable energy projects. Two Special Purpose Vehicles (SPVs) are proposed to be set up for promoting the deployment... Read more.. |
Solar power systems in government buildingsPUNE: The Ministry of New and Renewable Energy (MNRE) is promoting installation of solar systems in all buildings, depending on the feasibility, willingness of users and availability of funds. Under off the grid and decentralized solar applications scheme of Jawaharlal Nehru National Solar Mission (JNNSM), the ministry provides central financial assistance of 30% of the cost of solar systems for installing solar PV and thermal systems at educational institutions, hospitals, police stations, panchayats, jails, government guest houses... Read more.. |
18 MW solar park from SunEdison India enables Tamil Nadu businesses to reap financial benefits of utility-scale solarCHENNAI, India and BELMONT, Calif., Feb. 25, 2014 /PRNewswire/ -- SunEdison (NYSE: SUNE), a leading solar technology manufacturer and provider of solar energy services, today announced that it has commenced full-time operations at its 18 MW (megawatt) Tirunelveli solar power plant in Tamil Nadu. The park is designed to help commercial and industrial businesses easily own a solar park. SunEdison relied on its global experience to select a site, obtain permits, design and build a unique solar park that allows businesses to procure as much solar electricity as they... Read more.. |
Five Bangalore companies join hands for solar projectCHENNAI: In an effort to reduce their excessive dependence on grid power, five companies in Bangalore - Infosys, Cognizant, Coke, Philips and Bangalore International Exhibition Center - have come together to set up an aggregate solar power project. The project, implemented by World Resources Institute under its Green Power Market Development Group, was launched in January 2013 and received four bids from suppliers . With two finalists now, the project has reached negotiations with individual companies, sources said. ... Read more..Date : Feb 27 Source: Times of India
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Delays, disputes and elections to slow India solar growth, predict analystsAnalysts have predicted slow growth for India’s solar market this year due to delays in implementing its waning national solar mission. The national solar mission (JNNSM) in India has a target for 1.1GW to be installed during the fiscal year 2013-14, and an overall target for 20GW by 2022. Solar analyst, Bridge to India has compared installations globally to find JNNSM lacking. Globally, 39GW was installed in 2013, China installed 12GW last year with a national target of 35GW by 2015. Japan and... Read more.. |