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Efficiency parameters soon to aid EV battery swapping

By : Sustainability ..., Feb 11, 2020

The government will soon frame efficiency parameters for batteries powering electric vehicles (EVs) as it invites bids for setting up gigafactories or giant battery plants in India. A high-level panel has been set up under the Bureau of Energy Efficiency to frame performance...

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Fuji Electric India planning to enter into solar inverters space

By : Sustainability ..., Feb 6, 2020

Fuji Electric India, the 100 per cent subsidiary of Japanese $8.3 billion power and electricals giant Fuji Electric, is mulling a foray into the solar inverters and batteries business in India. The move is part of a larger strategy to leverage the parent company’s expertise...

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Power ministry to track India’s energy security and consumption

By : Sustainability ..., Feb 5, 2020

Raj Kumar Singh, Hon’ble Minister of State (Independent Charge) for Power and New and Renewable Energy and Hon’ble Minister of State for Skill Development and Entrepreneurship released the State Energy Efficiency Index 2019, which tracks the progress of Energy Efficiency (EE...

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Carbon Emissions by India’s Steel Sector to Triple by 2050

By : Sustainability ..., Feb 4, 2020

India’s steel industry is set to more than triple its carbon footprint by 2050 as demand for the metal in the world’s second-biggest producer soars. Carbon dioxide emissions from the steel industry are projected to jump to 837 million tons over the next three decades from 242...

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Growing steel demand in India to increase carbon emissions by 600 MT: TERI

By : Sustainability ..., Jan 31, 2020

India's steel demand is likely to more than quadruple in the next 30 years, resulting in rise in carbon dioxide emissions by around 600 million tonnes, a report by the think-tank The Energy and Resources Institute (TERI) said on Thursday. The report, released on the second...

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India needs to prioritise solar rooftop among residential, industrial users: Report

By : Sustainability ..., Jan 30, 2020

India needs to prioritise solar rooftop among residential and industrial users for achieving its 100GW solar energy target by 2022, a report said. Demand aggregation mechanism' could help accelerate energy efficiency and scale up the deployment of solar power in residential...

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Govt plans 10,000 MW solar project

By : Sustainability ..., Jan 27, 2020

The state government is planning to set up a mega solar power project with an installed capacity of 10,000 MW in order to meet the increasing demand for power and to supply free, uninterrupted power to the agricultural sector. Addressing employees of the energy department...

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Better distribution may ease power sector woes: ETILC

By : Sustainability ..., Jan 27, 2020

At a time when India is looking to fight the global financial slowdown and surge ahead by adding trillions to its gross domestic product (GDP), the power sector in the country seems to be facing its own problems. According to members of The Economic Times India Leadership...

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In talks with Indian firms to issue green bonds: Luxembourg Stock Exchange CEO

By : Sustainability ..., Jan 22, 2020

The Luxembourg Stock Exchange is in talks with Indian conglomerates to issue green bonds and tap into India's green finance market, its CEO Robert Scharfe has said. “Some Indian banks have tapped into the market and a number of companies are considering this. Bond market is...

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Cabinet Approves Mou Between India, UK For Energy Self-Sufficiency In Indian Railways

By : Sustainability ..., Jan 9, 2020

The Union Cabinet on Wednesday gave its approval to Memorandum of Understanding (MoU) signed with the UK's Department for International Development for enabling energy self-sufficiency in Indian Railways. An official release said under the MoU signed by Railway Ministry with...

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