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Sustainability Outlook Headlines
ASI seeks extra funds to finish ongoing projects in Delhi including solar lightingThe Archaeological Survey of India has sought additional funds to the tune of Rs 3 crore from the ministry of culture to finish ongoing conservation and excavation projects.
According to officials, of the Rs 9.25 crore budget for FY 2013-14, ASI spent around Rs 3 crore only on power and water bills of protected monuments. A monument like Red Fort incurs an electricity bill of approximately Rs 8-10 lakh every month.
ASI is currently involved in a number of conservation projects at places like Qila Rai Pithora, Adilabad Fort and Safdarjung Enclave. The... Read more.. Date : Apr 4 Source: Times of India
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AEG Power Solutions unveils innovative wireless battery cell control systemAEG Power Solutions, a provider of electronics systems and solutions for industrial power supplies and renewable energy solutions, has launched an innovative wireless battery cell control system, MoniStore-SC.BCCS designed for battery energy storage applications. MoniStore-SC.BCCS will support smooth operation of battery energy storage systems, says Peter Wallmeier, AEG Power Solutions CTO. Innovative MW battery storage systems are being used for grid support and grid building in typical on- and off-grid applications. They are designed to deliver unlimited availability, good... Read more.. Date : Apr 4 Source: InfoTech Lead
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Telecom towers must be powered by renewable tech, suggests DoT panelA committee set up by the Department of Telecommunications (DoT) has recommended that all telecom sites should use renewable energy technology units to run the network. The units would also help in maintaining the quality of service without depending on the external power grid or diesel, the regulatory body said in its report on ‘Implementation of Renewable Energy Technology in the Telecom Sector’. The regulatory body also suggested various modes of green solutions – such as solar energy, wind energy, biomass energy, fuel cells, hybrid power systems and battery technologies — to... Read more.. Date : Apr 3 Source: Business Line
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Power developers may have to build renewable capacity at project sitesIndia may explore options to make it compulsory for conventional power project developers to build renewable capacity at the same location, a move that can provide an impetus to eco-friendly electricity. “Innovative policy interventions are required for promoting renewable energy in the country,” power secretary Pradeep Kumar Sinha said at a conference on Thursday. “For example, whoever is setting up a conventional power plant also sets up a 10% of the total installed capacity as renewable and pool the costs. Can we make it... Read more.. |
Greenko in talks with KKR to raise $100 millionLondon's AIM-listed clean energy specialist Greenko is in talks with a few leading PE investors, including KKR, for a $100 million investment, said multiple sources aware of the discussions. The company and its global subsidiaries already boast of several high street investors such as Singapore's GIC, Global Environment Fund, Standard Chartered Plc backing them up. It even had TPG Capital as one of its earliest backers. Its portfolio of hydropower, wind turbine and biomass operations are spread across India that have grown via acquisitions and investments in green energy sources... Read more.. Date : Apr 3 Source: Economic Times
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India to award 1 gigawatt solar permits by 2015, boosting planIndia plans to award licences for an additional 1,000 megawatts, or 1 gigawatt, of solar power plants in the next year, about 30% more than originally targeted and equivalent to about half the capacity built so far. The government, however, scaled back its ambitions for an alternative technology called solar-thermal, which uses mirrors to focus sunlight to produce steam for conventional turbines. India plans to set up only 100 megawatts of solar-thermal capacity, down from the 1,080 megawatts targeted in a December 2012 policy document, according to an agreement signed by... Read more.. Date : Apr 3 Source: Livemint / Bloomberg
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Smart grid system mooted for wind energyWind energy generators in the State have mooted a project that will give real time data on wind energy generation and also forecast the energy generation expected from the wind turbines in the State. Tamil Nadu has about 7,300 MW of installed wind energy capacity. Of this, nearly 90 MW was added during the last 12 months. The total capacity consists of 11,900 wind turbines and 110 pooling stations. The wind energy generators have proposed to the Tamil Nadu Generation and Distribution Corporation that equipment can be installed at the generating points and it can be integrated with... Read more.. Date : Apr 3 Source: The Hindu
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BHEL wins contract to set up 120MW hydro electric project in IndiaBharat Heavy Electricals Limited (BHEL) has won a contract to establish a 120MW hydro electric project (HEP) in the Indian state of Uttarakhand. The order, valued at INR1.25bn ($20.8m), has been placed by Uttarakhand Jal Vidyut Nigam Limited (UJVNL), and includes setting up of hydro generating sets and associated electro-mechanical works for the 120MW Vyasi HEP. Located in Dehradun district, the Vyasi HEP is a run of the river scheme on the river Yamuna. Under the project, water from the Vyasi reservoir will be diverted by building an 86m high dam through a 2.7km-long... Read more.. Date : Apr 3 Source: EBR
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SGS To Move Climate Project Audit Business To IndiaInternational certification firm SGS is moving its Britain-based auditing business for clean energy projects to India in an attempt to cut costs, the company's head of environmental services said on Wednesday (02 April). Geneva-based SGS is one of the main auditors of projects under the UN's Clean Development Mechanism (CDM) - a programme under the Kyoto Protocol to help fund climate change mitigation efforts in poor countries while generating carbon offsets for investors. A collapse in demand for... Read more.. |
Suzlon acquires wind park from US’ Edison Mission EnergySuzlon Group has acquired Big Sky wind park from US-based Edison Mission Energy (EME) for an undisclosed amount. The Pune-based group has acquired the park through its wholly-owned US subsidiary Suzlon Wind Energy Corp (SWECO). Top performer The wind park, situated in Illinois, consists of 114 S88 turbines. Following this acquisition, Big Sky will become Suzlon’s biggest wind park in the US and one of the best performing installations in the country, Suzlon said... Read more.. |
Energy-efficient devices score high among Indians: surveyMost Indians now prefer more energy-efficient electronics, with over 92 per cent of 1,000 survey respondents agreeing they would buy the product even though this may be more expensive, said global market research firm GfK. The Germany-headquartered firm revealed on Thursday the results of a survey on environmental awareness among consumers in India. They noted that over 80 per cent of Indians who participated in the survey showed positive beliefs and attitudes towards ‘green behaviour’, including supporting public transport with less carbon emissions and carrying out energy-saving... Read more.. Date : Apr 2 Source: Eco Business
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India Mulls Fuel Standards Lagging Brazil as Cities ChokeIndia may upgrade nationwide fuel standards to eliminate cancer-causing particle emissions from vehicular exhaust by 2021, nine years behind other developing countries such as Turkey and Brazil. India’s pumps may start selling fuels of the same quality sold in Europe by April 2021, according to a draft copy of recommendations by the oil ministry’s auto fuel policy panel, obtained by Bloomberg News. The deadline is contingent on state-run refiners such as Indian Oil Corp. (IOCL) getting the funds needed to upgrade their facilities,... Read more.. |
EIB grants €200m loan for climate mitigation in IndiaThe European Investment Bank (EIB) has granted a long-term loan of EUR 200 million to India Infrastructure Finance Company Ltd (IIFCL) to help finance projects that will contribute to the mitigation of climate change in India. The main objective of this Framework Loan is to make long-term finance available for investments in the renewable energy, energy efficiency and any other relevant sectors that reduce CO2 in India. The loan will be provided to IIFCL for on-lending to private companies for small, medium-sized and some large... Read more.. |
Could carbon-free EV recharging be on its way? A US and German exampleGerman owners of the 2015 Audi A3 e-tron plug-in hybrid electric vehicle will be able to purchase carbon-free electricity to recharge their vehicles if they so choose. A similar program could eventually find its way to the States. Electric vehicle advocates grow weary of the “long-tailpipe” argument frequently parroted by detractors, as no amount of evidence to the contrary seems to deter the notion that gas-powered vehicles might be almost as clean as electrics. (They’re not.) In Germany, however, buyers of the new Audi A3 e-tron... Read more.. |
NHB inks MoU with govt to channel subsidy for solar energy useNational Housing Bank (NHB) and Ministry of New and Renewable Energy (MNRE) today signed a memorandum of understanding (MoU) to channelise subsidy for solar energy usage. NHB and MNRE have signed the MoU for promoting use of solar water heating and solar lighting equipments in homes. "Under the terms of the MoU,... NHB will act as a nodal agency for channelising the capital subsidy available under the Jawaharlal Nehru National Solar Mission (JNNSM)," NHB said in a release. ... Read more.. Date : Apr 2 Source: Business Standard
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AAP Vows to Put Farm Pump Sets on Solar PowerWhile all political parties in the state promise free electricity to farmers, Aam Aadmi Party’s Andhra Pradesh state election campaign committee on Sunday has offered to harness solar power effectively and shift all agricultural pump sets to solar power in two years. With the slogan, “Nation’s food security lies in farmer’s income security”, they launched their agricultural plan for the ensuing elections. Focusing on assuring stable income for farmers, the Aam Aadmi Party has promised to achieve `... Read more.. |
Welspun Energy Commissions India's & Asia's Largest Solar Power ProjectWelspun Energy has bettered its own record for the largest solar power project in India as well as Asia that is owned by a single developer. The project has overtaken the Shams 1 solar thermal power project in UAE as the largest in Asia. The company, which is in the midst of an aggressive expansion in the clean energy sector, commissioned a 130 MW solar photovoltaic power plant in the central Indian state of Madhya Pradesh last week. The project, implemented under the state’s solar power policy, required an investment of US $177... Read more.. |
Search begins for India's top sustainability leaders (Nominations open for 4th Parivartan Sustainability Leadership Award)Parivartan Sustainability Leadership Awards, India’s premier national search platform designed to recognize and showcase resource conservation and innovation leadership in the industry announced the launch of the 4th edition of the awards. Parivartan Awards have been instituted by Sustainability Outlook, India’s only market access and collaboration platform focused on sustainability and low carbon development. Over the past three years, Parivartan Awards have uncovered truly path-breaking... Read more.. Date : Apr 2 Source: Sustainability Outlook
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Hindustan Cleanenergy to build solar projects in Indian regionsHindustan Cleanenergy has signed PPAs for three solar projects in the Punjab and Uttar Pradesh regions of India. The projects, scheduled to come online this year, will see an investment of INR 400 crores from the company. The two plants set to be built in Punjab are predicted to generate around ~46 million units per year of clean energy. The Uttar Pradesh project is predicted to ~32 million units. The two solar projects in Punjab will be 15 MW each, while the Uttar Pradesh will be a 20 MW project. ... Read more.. Date : Apr 2 Source: eco-business.com
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End unsustainable fuel subsidy to reduce air pollution: PHFIPublic Health Foundation of India (PHFI) has said that ending unsustainable fuel subsidies is one of the major actions required to reduce ambient air pollution in the country. PHFI released a paper on Friday which said that diesel exhaust is a major contributor to transport emissions, especially of particulate matter. “With 49% of all new cars in India running on diesel (the cost of which is subsidised by the government) this poses a major challenge that needs to be tackled,” it said. The paper... Read more.. |
India's energy intensity rises 10.5% since FY06India's energy imports have been rising inexorably, amplifying its economy's vulnerability to external shocks, but that was also in good part due to inefficient use of energy, rather than greater demand in the economy. The country's energy consumption rose at a compounded annual growth rate (CAGR) of 9.96% since 2005-06, beating the GDP growth of 8.6% and raising imports of fuels like oil and coal as domestic output growth remained sluggish, a government report showed on Monday. So, efficient use of fuels and energy itself could... Read more.. |
Buried in UN Report: $100 Billion More Needed to Adapt to ‘Global Warming’The United Nation’s Intergovernmental Panel on Climate Change’s (IPCC) latest report estimates it will cost developed nations an additional $100 billion each year to help poorer countries adapt to the devastating effects of “unequivocal” global warming, including food shortages, infrastructure breakdown, and civil violence. But that figure was deleted from the report’s executive summary after industrialized nations, including the United States, objected to the high price tag. (See IPCC Summary.pdf) “The $100 billion figure, though included in the 2,500-page main report, was... Read more.. Date : Apr 2 Source: CNS News
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Hybrid vehicles more fuel efficient in India, China than in USHybrid cars are significantly more fuel-efficient in India and China than in the US due to traffic and driving conditions in these countries, a new study by Indian-origin scientists has found. “What makes cities in India and China so frustrating to drive in – heavy traffic, aggressive driving style, few freeways – makes them ideal for saving fuel with hybrid vehicles,” according to researchers at the US Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab).... Read more.. Date : Apr 1 Source: The Hindu
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The Flag Off of CSR Rules: India Inc.'s To-Do List for Compliance to Section-135Nearly six months after the draft rules governing Corporate Social Responsibility (CSR) were released under the New Companies Act 2013, the Ministry of Corporate Affairs has issued the final rules that would apply to companies, commencing 1st April 2014. Corporate Affairs Minister Sachin Pilot pointed out that the process of finalization of the rules included extensive consultations with all stakeholders. Putting to rest speculations and apprehensions that did the rounds in the aftermath of the draft rules, the final rules bring in... Read more.. |
Indian solar installations are forecast to be approximately 1,000 MWIndian solar installations are forecast to be approximately 1,000 mw in 2014, according to Mercom Capital Group, llc, a global clean energy communications and consulting firm. According to Mercom, there are several factors behind the slow solar growth. With a few exceptions, there are no Jawaharlal Nehru National Solar Mission (JNNSM) PV projects expected to come online until at least mid-2015. Most CSP projects have stalled, state policies are all over the map, and as we have warned for some time, India is now in a trade dispute with the U.S. in the World Trade Organization (WTO... Read more.. Date : Apr 1 Source: Economic Times
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