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Sustainability Outlook Headlines
China's rooftops hold power to propel solar into the mass marketChina may be on the verge of finally cracking the crucial urban and suburban solar market thanks to a new funding model that allows buyers to have panels installed for free. The world's largest producer of photovoltaic panels has built massive solar farms in the country's deserts, but a disappointing take-up of solar power in cities and industrial hubs has meant the country has... Read more.. |
COP21 Slouching Toward Climate Plan Wednesday AMLaurent Fabius, COP21 president and France’s foreign minister, has just released version 1 of a draft text on COP21 agenda item 4 (b)—the Durban Platform for Enhanced Action (decision 1/CP.17) at 3:00PM GMT. Read the text here. Fabius characterized the current situation thus: “We’ve made progress but still a lot of work remains to be done. Nothing is agreed until everything is agreed.” Further detail from Fabius, according to Reuters: the document is shorter by about a third (14 pages) than the last... Read more.. Date : Dec 10 Source: Clean Technica
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Panel urges more funds for green energy schemesThe Standing Committee on Energy in its report for the Ministry of New and Renewable Energy has recommended that the Ministry should ask the Finance Ministry for more funds so that the green energy programmes do not face a setback. It said that this will also ensure that the targets set for 2015-16 are fully achieved.
“Scrutiny of the information supplied by the MNRE reveals that the Ministry’s programmes such as wind and solar power have suffered a setback due to shortage of funds thereby creating pending liabilities of future,” the Second Report on Demands... Read more.. Date : Dec 10 Source: Business Line
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Textiles waste reduction in China backed by Shanghai Yuanyuan’s ‘Panda Bins’China-based Shanghai Yuanyuan Industrial Co., as a part of their textile recycling programme, has started placing innovative ‘Panda Bins’, made from fibreglass extracted from used textiles, as a trick to catch people’s attention while prompting them to discard their old and reused clothes. Li Junlong, Vice President, and Yang Yinghong, Chairman of Shanghai Yuanyuan Industrial Co. started with 28 Panda Bins... Read more.. |
Post Offices to tap solar energyThe Department of Posts has decided to tap solar energy to manage disruption in power as supply was hit during the rains in Chennai and suburbs last week. As a precautionary measure, the State Electricity Board suspended power supply following the record rain that inundated several places in Chennai and its neighbourhood. "The Department of Posts has initiated action for installation of Solar Power packs in order to provide solar backup during power shutdown," an official release said. In some post offices, solar power projects were already installed so that "erratic"... Read more.. Date : Dec 9 Source: The Economic Times
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Cantt board to increase investment in solar energyThe Pune Cantonment Board (PCB) plans to ramp up its investment in solar energy over the next few years, as it prepares to be included in the Smart Cantonment programme. The programme has borrowed and incorporated most of the criteria that must be fulfilled by a city to be termed as a Smart City. There are, however, certain restrictions on floor space indices and on construction in and around vital military installations, as well as on property ownership for civilians living in the area. "Now that the board has been nominated for the Smart Cantonment programme, it is... Read more.. Date : Dec 9 Source: The Times of India
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2% incentive for New Town green buildings in KolkataThe New Town Kol kata Development Authority (NKDA) is encouraging buil ders to build more green buil dings in Rajarhat, New Town. The authorities recently gave green signal to the deci sion of 2% reduction in the building plan sanction fee for developers who would be able to present a provision where recycling of grey water can be done using the dual-pipe sy stem so that the water could be used for gardening or was hing cars. A further 2% incentive would also be given if the so lid waste generated for the bu ilding is recycled through composting. A meeting was held re... Read more.. Date : Dec 9 Source: The Economic Times
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Smart cities, energy and mobility our target areas: Siemens India CEOSiemens India will focus on profit-led growth and will go for orders that does not dilute its bottomline, said the company’s managing director and chief executive Sunil Mathur. For this, Mathur said, he will focus on three areas: smart cities, energy and mobility. Siemens India has already floated a consortium to bid for smart city projects. The German conglomerate has committed to invest €1 billion in India as part of its growth strategy. Mathur sees greenshoots in the economy and believes that private spending will follow increased public spending. “Every economy will have... Read more.. Date : Dec 9 Source: Livemint
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SunEdison Confident About Returns From India’s Cheapest-Ever Solar Power ProjectIn spite of having secured the rights to develop a 500 MW solar power project at the lowest-ever tariff in India, global renewable energy project developer SunEdison is confident of healthy returns from the project. SunEdison successfully bid for the entire 500 MW solar power tender issued by NTPC Limited. The company will set up the project in the southern Indian state of Andhra Pradesh, and the power generated from the project will be acquired by NTPC Limited, which... Read more.. Date : Dec 9 Source: Clean Technica
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Global Carbon Emissions Could Stall In 2015Only a few weeks after it was revealed that carbon emissions nearly stalled in 2014, new figures suggest carbon emissions could stall in 2015. New figures from researchers at the University of East Anglia and the Global Carbon Project suggest that global carbon emissions are projected to stall in 2015. Their figures were published in the journal Nature Climate Change, with detailed data made available simultaneously in the journal Earth System Science Data. Specifically, the researchers are predicting that not only might the growth of CO2 emissions slow or stall... Read more.. Date : Dec 9 Source: Clean Technica
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Yes Bank commits $ 5 bn for climate action in IndiaYes Bank, India’s fifth largest private sector bank, has announced mobilisation of $ 5 billion towards its commitment to climate finance in India. The bank made the declaration to coincide with the Conference of Parties (COP) 21 climate summit underway in Paris this week. “Yes Bank had committed to target funding 500 MW clean energy annually, which it had overachieved. Proactive corporate intervention is critical to achieving the climate goals and financial institutions have a larger role in driving climate action,” said Rana Kapoor, CEO and Yes Bank managing director. ... Read more..Date : Dec 9 Source: Business Line
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First Global Green Bank Network Will Speed Shift to Clean EnergyAs countries work toward a new international climate agreement in Paris, a group of six green banks and two leading non-profit groups, including the Natural Resources Defense Council (NRDC) has announced that they are establishing a Green Bank Network to help meet the urgent need of increasing and accelerating investment in renewable energy and energy efficiency worldwide. This green bank network potentially could bring billions of dollars in new investment to speed the development of clean energy, creating jobs and helping reduce climate change. India is moving forward with innovative... Read more.. Date : Dec 8 Source: Energetica India
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India needs to create green buildings, says expertThere is an urgent need for India to make energy efficient buildings by jumping to the latest technology, creating awareness among people and teaching building physics to next generation architects, says an expert in energy simulation. There is also a need for demonstration projects to show to people that they will recover the money by bearing extra cost during the construction. “This is a must to create confidence among people because today they are hesitant to buy insulation, expensive glass and other construction materials,” Vishal Garg, who is heading the Centre for... Read more.. Date : Dec 8 Source: Greentech Lead
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Fin institutions commit to Mainstream Climate ActionAt COP21, a coalition of the world’s leading financial institutions officially signed on to five voluntary Principles to Mainstream Climate Action into their operations. The landmark move was undertaken by 26 financial institutions, from both the public and private sectors, from developing and developed countries. The institutions together are worth a total value of more than $11 trillion. By signing onto the voluntary principles, the financial institutions are pledging to continue to integrate climate considerations into their investments and advisory functions, in an... Read more.. Date : Dec 8 Source: Greentech Lead
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Welspun Renewables Commissions 126 MW Pratapgarh Wind ProjectWelspun Renewables has announced commissioning of its 126 MW wind project located in Pratapgarh district of Rajasthan. The project is the largest wind project in the company’s portfolio. The project will generate 290 million units of clean energy and help mitigate 2,11,922 tonnes of carbon emissions annually. INR 840 crores was secured to build this mega wind capacity. Mr. Vineet Mittal, Vice Chairman, Welspun Renewables said, “This project is a testimony of our aggressive approach to the renewable energy business and our wind business in particular. Our project site in Pratapgarh... Read more.. Date : Dec 8 Source: Energetica India
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PMPML plans to operate electric busesThe Pune Mahanagar Parivahan Mahamandal Limited (PMPML) will implement Intelligent Transportation Management System (ITMS) and take steps to introduce electric buses as part of Smart City Mission. The PMPML managing director Abhishek Krishna on Saturday signed a MoU with PMC to participate in the mission. PMC commissioner Kunal Kumar welcomed the move saying that PMPML's involvement will boost the city's efforts to become a Smart City. PMPML officials have assured that depots will be developed and that ITMS will also be introduced in buses plying inside the city.. PMPML has also... Read more.. Date : Dec 8 Source: The Times of India
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Energy Efficiency Top Weapon In Fight Against Climate ChangeOne might think – after years of focus on global warming – that all the easy measures for reducing greenhouse gas emissions had been taken. And yet, as governments attend the 21st annual conference on climate change (COP21), some surprisingly low-hanging fruit remains. I don’t mean small fruit, either. I’m talking about big, high-yield fruit. Consider this: fitting energy efficient electric motors on all pumps and fans with devices to regulate their speed would save 3,338 TWh (3.3 million GWh), roughly equivalent to the amount of electrical energy produced in the EU in 2013*. ... Read more..Date : Dec 8 Source: Clean Technica
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India Plans To Increase Solar Power Consumption To 10% By 2022India is planning to significantly increase the amount of electricity utilities will be mandated to acquire from solar power projects in order to achieve its ambitious target of having 100 GW operational solar power capacity by 2022. Officials of the Ministry of New and Renewable Energy recently revealed that the Indian Government is considering increasing the solar Renewable Purchase Obligation (RPO) target of 3% by 2022 to 10%. At present the... Read more.. Date : Dec 8 Source: Clean Technica
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MSMEs submit loan applications worth Rs. 50 crLoan applications worth Rs. 50 crore were received from micro, small and medium enterprises (MSMEs) - both existing and prospective – from the eastern region, particularly West Bengal, at the end of the four-day ‘Biz Bridge 2015’. According to a release by the Confederation of Indian Industry (CII), the apex chamber will take forward the loan applications through its Finance Facilitation Centre (FFC) for further action with all its 13 partner banks and non-banking financial companies (NBFCs). The CII-Finance Facilitation Centre (FFC) has put up a special stall drawing a large... Read more.. Date : Dec 8 Source: Business Line
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India crosses 5 GW-mark for solar installations: StudyThe cumulative installed capacity of solar power in India has crossed the 5 GW mark. “While total commissioned utility solar capacity in India reaches 4.7 GW; rooftop capacity stands at 525 MW. In 2015 year to date, close to 2 GW solar capacity has been commissioned,” Consultancy firm Bridge To India (BTI) said. BTI Managing Director Vinay Rustagi said in the statement, “Solar sector has got great momentum with capacity addition in 2015 more than doubling up over last year and total pipeline of over 15 GW of projects under bidding-cum-development.” Encouraged by... Read more.. Date : Dec 7 Source: BusinessLine
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India's forest cover goes up, UP, TN, J&K, Kerala, K'taka gainThe forest cover in Uttar Pradesh has shown a marginal rise in the last two years, said the latest report of Forest Survey of India. The report released on Friday said India's forest cover increased by 3,775 square km since 2013, taking the total to 701,673 sq km, or 70.17 million hectares, equivalent to 21.34% of the country's geographical area. The major states showing gain in forest cover include Tamil Nadu, Kerala, Jammu & Kashmir and Karnataka. According to report, the total forest area in UP in 2013 was 14,349 square km which increased to 14,461 sq km in 2015. The... Read more.. Date : Dec 7 Source: The Economic Times
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climate COP21 Buildings Day commitment from USGBCThe U.S. Green Building Council (USGBC) announced today that it will commit to scaling green buildings to more than 5 billion square feet (478 million sq m) over the next five years through the LEED and EDGE green building rating systems. USGBC’s commitment was made at Buildings Day, an official event at the United Nations climate negotiations conference COP21. “As we gather around the imperatives to address climate change at COP21, we know that buildings must continue be a key focus area for countries to reach carbon emissions reduction goals,” said Roger Platt, president,... Read more.. Date : Dec 7 Source: Greentech Lead
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Azure Power bags 150 MW solar power deal in PunjabAzure Power announced on Thursday that it has signed a 150 MW solar power project agreement with the Punjab Energy Development Agency (PEDA) under the third phase of the state’s Solar Policy. “Azure Power has signed 150 MW of solar power implementation agreement with PEDA under its Solar Policy Phase III,” said the company in a statement. A total of 1,650 MW of bids were submitted by 18 companies for the total tender capacity of 500 MW, the power from which will be procured by the Punjab Power Corporation. This is Azure Power’s fifth consecutive win in Punjab, making... Read more.. Date : Dec 7 Source: Greentech Lead
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Lima-Paris Action Agenda calls for cutting short-lived climate pollutantsAt COP 21, governments and industry leaders in the Climate and Clean Air Coalition committed to further essential advances in reducing short-lived climate pollutants (SLCPs) that have a global warming potential many times that of the main greenhouse gas carbon dioxide. At the Focus Event on SCLPS under the Lima to Paris Action Agenda at COP21, the Climate and Clean Air Coalition (CCAC), whose Secretariat is hosted by the United Nations Environment Program, committed to double their membership in two key initiatives to reduce these pollutants – in freight and landfills – as well as... Read more.. Date : Dec 7 Source: Greentech Lead
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2015 to be India’s hottest year ever, says IMDThis year is not only in line to be the hottest on record globally but also in India. The country has lived through its hottest September, October and November this year, reveals India Meteorological Department's data going back to 1901. The countrywide mean temperature in November this year was 1.25 degrees C above normal, the highest-ever for the month since record keeping began. The mean minimum and maximum temperatures in the country this October were also above normal in varying degrees, which too were the highest rise for the month. "The maximum and mean temperatures in... Read more.. Date : Dec 7 Source: The Economic Times
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