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Algae.Tec wins vote of confidence from Reliance Group

By : Sustainability ..., Jul 23, 2014

Australian algae fuel developer Algae.Tec has received a significant vote of investor confidence from one of India’s industrial giants, Reliance Group, which agreed on Tuesday to purchase nearly $30 million worth of shares in Algae.Tec as part of a funding deal struck between...

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Can waterless dyeing clean up the clothing industry?

By : Sustainability ..., Jul 22, 2014

Each year, one global industry gulps down trillions of liters of fresh water, together with massive amounts of chemicals. The wastewater from that industry is then dumped, often untreated, into rivers that bring its toxic content to the sea, where it spreads around the globe...

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Coca-Cola, TERI University fund water management schooling in India

By : Sustainability ..., Jul 21, 2014

Beverage giant Coca-Cola has established a department on water studies at India's TERI University in a bid to tackle the challenges regarding water sustainability.

The Coca-Cola Department of Regional Water Studies also aims to help scientifically manage water...

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India to Irrigate 35 Million Hectares, Generate 34,000 MW Power via River Linking

By : Sustainability ..., Jul 18, 2014

The Union government has estimated an additional irrigation of 35 million hectares of land and generate 34,000 mega watts of hydro power, through inter-linking of rivers, Union Minister for Water Resources, River Development and Ganga Rejuvenation Uma Bharti stated.


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Value Labs installs 13 MW of solar power

By : Sustainability ..., Jul 18, 2014

In perhaps the first venture of its kind in the Indian domestic IT sector, Value Labs has installed and commissioned 13 MW of solar power to emerge self-reliant in its power demands.The Hyderabad-based, IT product development, services and consulting company has invested...

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India Infrastructure Finance Company Ltd likely to fund acquisition of energy assets by Indian companies abroad

By : Sustainability ..., Jul 16, 2014

The government may allow India Infrastructure Finance Company Ltd (IIFCL) to finance acquisition of energy assets by Indian companies abroad. To fund such deals, the infrastructure financing firm's UK-based subsidiary may raise money through bonds. 

"There have been...

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Low Carbon Society Would Boost Global Economy by $2.6tn Annually

By : Sustainability ..., Jul 16, 2014

 The global economy could be boosted by a gargantuan $2.6tn each year if the world's governments became more energy efficient and reformed their nations' waste management and public transport, according to a World Bank report. 

The report, produced in association with...

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Subject Tags: Business , energy

NanoSteel Inks Deal with Lincoln Electric, Readies Automotive Trials

By : Sustainability ..., Jul 14, 2014

 NanoSteel, a Providence, RI based company focused on developing iron based alloys for the auto, mining, power and oil and gas industries, has announced a licensing deal with Lincoln Electric for a steel coating technology used in weld overlays and thermal spray applications...

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Duty imposed on coking coal; steel production cost to go up

By : Sustainability ..., Jul 11, 2014

 The government today imposed 2.5 per cent duty on coking coal import, evoking reaction from the industry which said this could lead to increase in cost of steel production by Rs 200 a tonne. 

Manufacturers, however, are not sure whether to pass it on to consumers...

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Subject Tags: Business , steel

Apple targets rising water use, production partners' emissions

By : Sustainability ..., Jul 10, 2014

 Apple Inc acknowledged on Wednesday it needs to address manufacturing partners' carbon emissions and its own rising water consumption, though the iPhone maker said it had cut back sharply on greenhouse gas output.

Apple last year hired former Environmental Protection...

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Subject Tags: Apple Inc , Business