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Sustainability Outlook Headlines
Al Gore’s Green Investment Firm Partners With Ecofys On Carbon PricingA newly announced partnership between Al Gore’s Generation Investment Management and Ecofys aims to investigate how carbon pricing can contribute to global sustainable economic growth. Announced on Tuesday, Ecofys revealed that it had partnered with The Generation Foundation, the advocacy initiative of Generation Investment Management, which itself was co-founded by Al Gore and David Blood in 2004. The aim of the partnership is “to investigate how carbon pricing can facilitate sustainable global economic growth.” The partnership will focus on three years of research, tackling the... Read more.. Date : Mar 4 Source: Clean Technica
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Gamesa bags 12 MW solar energy projects in Tamil NaduRenewable energy company Gamesa has bagged orders for 12 MW solar energy projects in Tamil Nadu, taking its tally in the solar sector to 60 MW in the country. "Gamesa would be responsible for engineering and design, supply of inverters, erection and commissioning of the 12 MW photovoltaic solar plans expected to begin operations by first quarter of 2016," the city-based company said in a statement. "We are receiving continuous support from the Government and we hope this will drive the sector to achieve exponential growth," Gamesa India, Chairman and... Read more.. Date : Mar 4 Source: The Economic Times
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18,452 villages to be electrified by March 2017: Piyush GoyalGovernment will meet its target of electrifying 18,452 villages by March next year, much ahead of the May 2018 deadline as over a third of the task has been completed already, Power Minister Piyush Goyal said. "During the last 11 months we have already electrified 6,029 unelectrified villages under our mission of energising 18,452 villages. We will complete the target by March 31, 2017, much ahead of the set deadline of May 2018," Goyal said at Raisina Dialogue, organised by ORF here. Prime Minister Narendra Modi in his Independence Day speech last year announced... Read more.. Date : Mar 4 Source: The Economic Times
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India at 90th rank in terms of energy security, access: WEFIndia has been ranked at the 90th place in a list of 126 countries compiled by World Economic Forum (WEF) on the basis of their ability to deliver secure, affordable and sustainable energy, which was topped by Switzerland. The latest Global Energy Architecture Performance Index Report, explored the energy architecture of 126 countries based on their ability to provide energy access across three dimensions of the "energy triangle" - affordability, environmental sustainability, security and access. The list was topped by Switzerland followed by Norway and Sweden in... Read more.. Date : Mar 4 Source: Business Standard
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Climate change may kill over 130,000 Indians in 2050Climate change could kill over 130,000 people in India in 2050 because of changes in diet and bodyweight from reduced crop productivity, according to a study in the British medical journal The Lancet. The changes could lead to nearly 529,000 extra deaths globally in 2050, as opposed to a future without climate change Carried out by researchers from the University of Oxford, the study evaluates the impact of climate change on diet composition and bodyweight, and estimates... Read more.. Date : Mar 4 Source: livemint
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Tata Motors pledges to go 100% renewableTata Motors Ltd has joined the RE100 initiative of The Climate Group, under which companies pledge to get all the energy their businesses need only from renewable sources. The initiative was launched in New York in 2014, and so far, 53 global big names in business have joined it. These include Coca-Cola, Google, Goldman Sachs, Walmart, Swiss Re, UBS, Microsoft, Adobe, Unilever, Nestle, Nike, Starbucks and... Read more.. |
Inox Wind wins 20 MW power projectInox Wind Ltd has bagged a 20 MW wind power project, which would be set up at Mandsaur in Madhya Pradesh. The order has been placed by PTC Energy, a 100 per cent subsidiary of PTC India. It is the first order placed by PTC Energy with Inox Wind and the project is due to be commissioned by March 2016. At the project site Inox already has common infrastructure facilities, which are capable of evacuating 200 MW... Read more.. |
KERC to come out with tariff order by March 15Karnataka Electricity Regulatory Commission chairman M.K. Shankaralinge Gowda on Monday said that the commission would come out with the tariff order on a plea by electricity supply companies (escoms) by March 15. “The tariff revision order will affect neither consumers nor escoms. After hearing consumers and escoms, we will sit and discuss the issue,” he told presspersons here after concluding public... Read more.. |
Welspun Renewables’ Builds-up Its Investments in Punjab, Expands Solar PortfolioWelspun Renewableshas announced that it has expanded it solar capacity in Punjab by 4 MW (AC). The latest addition comes close on the heels of its 32 MW (AC) Bathinda solar project. Committed to facilitating Punjab’s green energy transition, the two projects combined together will be annually feeding 54.37 million units of clean energy to the grid. Consequent to this, Welspun Renewables will be offsetting 1,481,525 tonnes of CO2 emissions over the next 25 years. ... Read more.. Date : Mar 3 Source: Energetica - India
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India’s MNRE consults industry on impact of pending tax law on renewables costsIndia’s Ministry of New and Renewable Energy (MNRE) has requested comments and views from the renewables industry on how the upcoming Goods and Service Tax (GST) Bill may impact the delivered cost of renewable energy. MNRE commissioned a study in July 2015 to understand the implications of the GST on the delivered cost of renewable energy. The new tax is due to come into force from 1 April this year. However... Read more.. |
India’s Uttarakhand inviting applications for 10MW rooftop and small-scale solarThe Indian state of Uttarakhand has invited applications for the installation of 10MW of grid-connected rooftop PV and small-scale solar systems of 5kW size each. The Uttarakhand Renewable Energy Development Agency (UREDA) has been set a target by the central government to install 350MW of solar by 2022, of which 44MW has been sanctioned in first phase. The small-scale systems will benefit from net metering... Read more.. |
India’s new climate model works best for South AsiaIndia has embarked on a programme of developing its own climate models since existing ones are inadequate to study the increase in extreme rainfall and correlate it with human-induced climate change, top scientists say. Existing models do predict an increase in extreme rainfall events as observed in historical records, but these cannot be attributed to human-induced climate change, explains Arpita Mondal,... Read more.. |
Panasonic Photovoltaic Module Achieves World's Highest Energy Conversion Efficiency of 23.8% at Research LevelPanasonic Corporation today announced that it has achieved a photovoltaic module conversion efficiency*1 of 23.8%*2 (aperture area*3: 11,562 cm2) at research level, a major increase over the previous world record for crystalline silicon-based photovoltaic modules. The previous record for the conversion efficiency of a crystalline silicon-based photovoltaic module was 22.8% *4... Read more.. |
Top Smart City Technology Suppliers AnnouncedIBM and Cisco are the top two smart city technology suppliers — the two companies have held the no. 1 and no. 2 places on the list since 2013 — according to Navigant Research’s Leaderboard Report. Microsoft, Siemens and Hitachi round out the top five. Navigant forecasts the global market for smart city technology will reach about $27.5 billion annually by 2023, compared to $12.1 billion in 2016, as cities... Read more.. |
India introduces car sales tax to combat pollutionIndia has introduced a new tax on car sales aimed at helping fight high levels of air pollution and congestion. The surprise move, announced by the finance minister, Arun Jaitley, is a victory for campaigners and a defeat for the powerful car industry. Commentators said the move showed how attitudes to car... Read more.. |
Rs 2,250 cr allocated for Environment MinistryA total of Rs 2,250 crore has been allocated to the Environment Ministry in this year's budget, an increase of around Rs 600 crore even as the government decided to increase the clean energy tax to Rs 400 per tonne. The Environment Ministry has got Rs 2,250.34 crore in the 2016-17 Union budget unveiled by Finance Minister Arun Jaitley today in Parliament, of which Rs 2,000 cr is under plan head and Rs 250.34... Read more.. |
Budget 2016: Wind sector to take a hit as accelerated depreciation tax benefit capped at 40%The wind energy sector might take a major hit, with the Budget capping the accelerated depreciation tax benefit at a maximum of 40 per cent from April 2017. The sector had enjoyed accelerated depreciation (AD) of 80 per cent under the Income Tax Act. Of the 25,188.39-Mw of wind power in the country, around... Read more.. |
Karnataka SMEs seek separate electricity tariff, urge solar useSmall and medium enterprises (SMEs) and small scale industries (SSI) have sought separate electricity tariff. “SMEs and SSI consuming 40HP and below or 2,000 units should be brought under separate tariff plan,” KS Mallappa Gowda, Chairman (Sub-Committee, Energy), Karnataka Small Scale Industries Association (Kassia) told BusinessLine. ... Read more.. |
Volvo Sells 11 Electric Buses To City Of Namur, BelgiumThe city of Namur, Belgium, recently placed an order for 11 hybrid electric buses and 2 electric bus chargers with Volvo, marking the largest order to date for the company. The 2 automated electric bus chargers ordered by the public transport authority and operator TEC will be supplied by ABB. The order is... Read more.. |
Global Wind Capacity Will Reach 703 GW By 2020, Predicts GlobalDataThe cumulative installed capacity of the global wind energy market increased by 15.6% in 2015, and is expected to continue to grow and reach 703.4 GW by 2020. These are the findings from a February report published by information provider GlobalData, Wind Turbine Market, Update 2015, Market Size, Average Price, Market Share and Key Country Analysis to 2020. Despite a slump in growth in 2013, GlobalData... Read more.. |
German Auto Industry To Share Burden Of New Government EV IncentivesIn order to achieve its goal of at least 1 million electric cars on the country’s roads by 2020, the government of Germany is apparently likely to approve new incentives, according to recent reports. Interestingly, the new incentives would see the auto manufacturers in the country provide roughly 40% of the costs of the incentives, which would range up to €5,000 per vehicle. Through the incentive plan, which... Read more.. |
Farmers receive solar pump-sets free of costChief Minister N. Chandrababu Naidu handed over allotment letter pertaining to a solar pump-set to one of the 123 SC/ST beneficiaries, Swarna Guravaiah, during his visit to the Genco power plant at Krishnapatnam here on Saturday. The Chief Minister handed over the letter in the presence of Union Minister for Urban Development M. Venkaiah Naidu, Union Minister of Power, Coal and New & Renewable Energy... Read more.. |
Electric vehicle parts, e-cycles may get sopsThe Union Budget may be given a dash of green with many environment-friendly measures to reduce the carbon footprint, official sources told The Hindu. The budget is likely to provide incentives to encourage local manufacture and Research & Development (R&D) of electric vehicle components, including lithium-iron batteries. It is expected to promote ‘green mobility’ through sops for electric cycles.... Read more.. |
Transport Dept to float EOI for electric busesEven as a lot of issues concerning the efficacy of electric buses in the hilly terrain remain unaddressed, the Transport Department has decided to float expression of interest (EOI) for the purchase of 50 eco-friendly vehicles. A trial run of the buses was done by Mahindra and Mahindra. The department is preparing the specifications of the vehicles as per their requirement, but no company has started... Read more.. |
India’s manufacturing PMI expands for a second month in FebruaryIndian manufacturing activity expanded for a second consecutive month in February as price cutting boosted both domestic and foreign demand, a business survey showed on Tuesday. The Nikkei/Markit Manufacturing Purchasing Managers’ Index held steady at January’s 51.1 last month, its second month above the 50 mark that separates growth from contraction after it fell below that level in December for the first... Read more.. |
