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Sustainability Outlook Headlines

IISc scientists develop solar cooking device

The hybrid device transfers solar energy to the kitchen using a solar thermal collector to store the solar energy. Explaining the functioning of the device, a release from IISc said: “The device transfers solar energy to a curved concentrating collector that absorbs the energy and increases the temperature of heat transfer fluid. The fluid is of a special kind whose temperature can go up to 300°C and is stored in a thermally insulated tank. A heat exchanger is positioned in the kitchen which transfers the... Read more..

Source: Deccan Herald

Cerebra Integrated Technologies Ltd moves forward with E-Waste project

Cerebra Integrated Technologies Ltd has announced that it will move forward with the E-Waste project that is coming up at Narsapura, Bangalore. In an effort to garner the largest share, the company has increased its collection of e-Waste across India and is also signing up with channel partners and also increasing its partners across India.

The company has increased its awareness team and also continues... Read more..

Source: Equity Bulls

Trina Solar sets new efficiency record for mono-crystalline silicon solar cell

PV module provider Trina Solar announced that its State Key Laboratory of PV Science and Technology of China has broken a new efficiency record for industrial high-efficiency p-type mono-crystalline silicon (c-Si) solar cells.

The solar cell was developed on a large-size industrial boron-doped Cz-Si substrate with an advanced Honey Plus process that assimilated both front and back surface passivation. The... Read more..

Source: PV-Tech

KKR Re-launches Environmental Program, 22 Companies Report Impact

Companies can gain more than increased efficiencies and savings on utility bills from their environmental projects. Environmental opportunities can also drive business value and result in products and services that address environmental challenges, according to KKR.

... Read more..

Source: Environmental Leader

Govt announces ambitious Solar Power Capacity but withdraws subsidy to industries

While the Government has set a target of 1 lakh MW of solar power by the year 2022, the subsidy available to industry to set up solar power plant for in house use has been withdrawn. Till some time back, the subsidy of 30% was available to the industries for setting up solar power plants.

Use of solar energy has excellent scope in industries particularly to supplement grid power, which is unreliable... Read more..

Source: KNN India

E-Buses, Cars to Ply on Hyderabad Roads

Will Hyderabadis be finally able to breathe fresh air? Will we be able to get rid of those dirty buses and badly maintained trucks spewing thick black fumes that choke the city roads? Well, the report of the World Health Organisation (WHO) that revealed the high pollution levels in Indian cities has served as an eye-opener for the government. Soon, electric buses, cars and non-polluting auto-rickshaws will crisscross the city roads.

... Read more..

Source: The New Indian Express

Paris Agreement Sets Fire Underneath Solar Shares

Shares of numerous renewable energy companies have jumped over the past two days of trading following the agreement of a new climate accord in Paris.

When COP21 in Paris came to a close on Saturday with a new legally-binding climate agreement, there was much rejoicing for the hopefully-ambitious targets that attending nations and entities had set for themselves. More immediately, however, has been the impact... Read more..

Source: Clean Technica

Sungevity Closes Massive $650 Million Residential Solar Financing Round

California-based solar sales company Sungevity has closed an equity and project financing round worth $650 million.

The $650 million financing round will support the company’s activities within the US and through its international businesses, specifically allowing the company to “further optimise its technology platform and grow into new markets and new partnerships.”

... Read more..

Source: Clean Technica

World Bank okays $1.5 bn to support Clean India campaign

The World Bank has approved a $1.5 billion loan for the Swachh Bharat Mission (SBM) Support Operation Project to support the Government of India in its efforts to ensure all citizens in rural areas have access to improved sanitation – such as a toilet or latrine with a focus on changing behaviours – in ending the practice of open defecation by 2019.

Specifically, this project will support the rural component... Read more..

Source: The Hindu Business Line

City of Oslo issues first green bond

Oslo has become the latest city to tap the green bond market, with its inaugural SEK1.5 billion ($172.49 million) issue.

The bond, which has a maturity of 8.75 years and a coupon of 2.35%, is also the first from a municipal to be listed on the Oslo Børs.

The bond will be used to fund eligible projects in... Read more..

Source: Environmental Finance

Goldman Sachs to launch climate-focused ETF

Goldman Sachs Group Inc said in a filing on Monday it would launch a new climate-focused index-tracking exchange-traded fund (ETF).

Launch of the Goldman Sachs S&P 500 Environmental & Socially Responsible ETF comes on the heels of the recent landmark agreement on climate change at the global climate summit in Paris.

... Read more..

Source: Reuters

IoT and analytics push Building Energy Management Systems

According to a new report from Navigant Research, building energy management systems (BEMSs) is expected to grow from $2.8 billion in 2016 to in $10.8 billion in 2024.

The growth of BEMS is primarily attributed to the growth of Internet of Things (IoT) and cloud computing applications in buildings. As a result buildings are becoming data-rich environments.

... Read more..

Source: Greentech Lead

Global biomass pellet market to grow at CAGR 11.1%

0... Read more..
Source: Greentech Lead

Trina Solar’s exit from MIP inevitable as EU fails to track global market shifts

The recent news of Trina Solar’s decision to exit from the European Union’s minimum import price (MIP) should not come as a surprise to anyone tracking global solar trends during 2015.

While the terms of reference for MIP have barely changed during 2015, the same cannot be said for both global pricing and the shift of manufacturing (in particular c-Si cells) outside of China to Southeast Asia.

Putting these two global market trends against the MIP level set by the EU for most of 2015, it... Read more..

Source: PV-Tech

Climate change: Odisha seeks collaboration with US

The Odisha government on Monday sought collaboration with the US industrial sector and explore partnership with the country in various adaptation and mitigation measures for climate change.

During a meeting with Nisha Desai Biswal, US Assistant Secretary of State for South and Central Asian Affairs here, Chief Minister Naveen Patnaik said Odisha aims to increase manufacturing... Read more..

Source: The Estatesman

P&G Saves Almost $2 Billion in Waste, Energy CostsBy: Jessica Lyons Hardcastle

Procter & Gamble has saved almost $2 billion through waste and energy savings since 2007, according to P&G vice president of sustainability Len Sauers, who announced the cost savings as the company released its latest sustainability report today.

The report also details two new partnerships with Constellation Energy and EDF RE, which will increase P&G’s use of renewable energy, and highlights the... Read more..

Source: Environmental Leader

SoftBank opens its solar account in India

SB Energy has announced that it has won the NTPC bid to develop a 350MW solar plant under the Phase-II, Batch-II, Tranche-I of National Solar Mission at a 25-year tariff of Rs. 4.63/ kWh.

The project is to be developed in the Ghani Sakunala Solar Park, Kurnool District in the state of Andhra Pradesh. This is SoftBank’s first step towards realising its $ 20 billion commitment to promote clean and safe energy... Read more..

Source: Energetica India

Will 3rd-Party Financing Open Up China’s Rooftop Solar Market

A new funding model in China may allow some people to get solar power for “free,” or at very low upfront cost. Third-party financing is the way this could happen, and it is already used in the United States. In China, a firm based in Singapore is trying out this... Read more..

Source: Clean Technica

Global Solar Installations To Reach 64.7 GW In 2016, Says Mercom

Global installations of solar PV in 2016 are expected to reach 64.7 GW in 2016, according to new figures provided by Mercom Capital Group.

Mercom Capital Group released its forecasts for 2016 this week, predicting installations would conclude at 57.8 GW in 2015, and then grow to 64.7 GW in 2016, with China leading the way with approximately 19.5 GW to be installed in 2016.

... Read more..

Source: Clean Technica

India Approves 27 Mega Solar Power Parks With 18.4 GW Capacity

India’s Ministry of New & Renewable Energy has reported progress on the ambitious program of setting up ultra mega solar power projects across the country.

Replying to a query raised in the upper house of the Parliament, Minister for Coal, Power, and Renewable Energy Piyush Goyal stated that his government has give in-... Read more..

Source: Clean Technica

Suzlon Energy Signs 4 GW Renewable Energy Agreement In India

One of India’s leading renewable energy companies, Suzlon Energy, has signed a landmark deal that is expected to play a crucial role in its revival and share in the highly competitive Indian renewable energy market.

Suzlon Energy, which is one of the most dominant companies in the Indian wind energy market, and now an emerging player in the solar power market, has signed an... Read more..

Source: Clean Technica

Rays Power Infra bags orders worth Rs. 500 crore in Uttarakhand

Rays Power Infra Pvt. Ltd., India’s Third Largest solar EPC company, has today announced that it has received orders worth 500 crore for EPC Services of 80 MW Solar Power Projects in Uttarakhand. These Projects were won under 170 MW UREDA Solar Tender in Co-development and Pre-bid EPC tie-ups. This has taken the total order book of Rays Power Infra to 215 MW Solar Power Projects.

Commenting... Read more..

Source: Electronics Maker

15 Smart City Proposals from 7 States received by UD Ministry; Rajasthan first to do so

Rajasthan Government, the first to submit Smart City Proposals to the Ministry of Urban Development has proposed a total investment of Rs.6,457 cr over the next five year for developing  Ajmer, Jaipur, Kota and Udaipur as Smart Cities. This includes Rs.2,403 cr for Jaipur, Rs.1,493 cr for Kota, Rs.1,300 cr for Ajmer and Rs.1,221 for Udaipur. While a greenfield city will be developed near Kota, the remaining 3 cities will undertake retrofitting based area based smart city development schemes. All four cities... Read more..

Source: Press Information Bureau

ZDHC adds leather to updated MRSL

the Zero Discharge of Hazardous Chemicals (ZDHC) Programme released an update to the Manufacturing Restricted Substances List (MRSL) to now include leather.
 
MRSL lists hazardous substances potentially used and discharged into the environment during manufacturing and related processes deep within supply chains –not just those substances that could be present in finished products. MRSL of 2014 pointed that natural leather and metal trim parts were not under regulation, while the updated version... Read more..

Source: CIR-CK

10k-Mw clean energy projects for sale

The government's plan to attract investment in renewable energy seems to be headed for a success with old ventures - around 10,000 Mw solar and wind projects - scouting for fresh funding of up to $3 billion.

Close to a dozen companies are looking for fresh funding, preferably equity in projects that are either under construction or have been constructed. The companies are hopeful of enticing interest of global private equity firms.

Consolidation is likely to hit the sector with... Read more..

Source: Business Standard
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