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Sustainability Outlook Headlines
India’s Yes Bank To List Green Bonds At London Stock ExchangeIn another significant development in the budding Indian green bonds market, one of the country’s leading private banks has signed an agreement with the London Stock Exchange. Yes Bank, one of several of India’s private banks, recently signed an agreement with the London Stock Exchange (LSE) regarding the listing of green bonds and equity instruments to raise funds for clean energy infrastructure. The bank has announced plans to list... Read more.. Date : Nov 24 Source: Clean Technica
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Not Good Enough: Meta-Analysis Of Climate INDC StudiesLast week, analysts Kelly Levin and Taryn Fransen of the World Resources Institute munched and crunched about a dozen very recent reports that examine how far the world’s climate action commitments (intended nationally determined contributions) will combat global warming. Not far enough, it turns out, by 0.7–1.7°C. The consensus has it that the already submitted INDCs will lower our current emissions, but they’re not capable of meeting the carbon budget — limiting warming to below 2°C over preindustrial levels by the end of the century, and thus steering us away from some... Read more.. Date : Nov 24 Source: Clean Technica
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Developing Countries Attracted Record $126 Billion In Clean Energy Investment In 2014A new report from Bloomberg New Energy Finance has found that developing nations attracted a record $126 billion in clean energy investment in 2014. Clean energy investment of $126 billion represents an increase of $35.5 billion, or 39%, on 2013 clean energy investment levels. Most importantly, however, this figure eclipsed the amount of clean energy investment attracted by the world’s wealthiest countries. On top of that, developing nations made the most out of this investment by building more wind, solar, and other renewable power generation than ever before. This,... Read more.. Date : Nov 24 Source: Clean Technica
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ETHO Capital Opens Fossil-Free Exchange-Traded Fund On NYSEYesterday Etho Capital, in partnership with Factor Advisors, a subsidiary of ETF Managers Group, successfully launched the world’s first diversified, socially responsible and fossil-free exchange-traded fund (ETF) on the New York Stock Exchange. The ETHO ETF is based on the Etho Climate Leadership Index (ECLI), an index of 400 companies announced in October that is completely divested of fossil fuel companies, rigorously screened for sustainability criteria, and constructed of the most climate-efficient companies in each sector,... Read more.. Date : Nov 24 Source: Clean Technica
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PNG supply, CNG stations for Smart Cities suggestedUnion urban development ministry on Saturday asked the states and urban local bodies (ULB) to provide for piped natural gas (PNG) supply and compressed natural gas (CNG) stations in the cities selected for development as Smart Cities. They were also asked to ensure convergence of various schemes of the Central government aimed at enhancing energy supply and related infrastructure in the Smart City Plans under preparation. These were conveyed to states and ULBs at a ‘Smart City Proposal Enhancement Workshop’ organized by the ministry in New Delhi. Additional secretary in the... Read more.. Date : Nov 23 Source: Livemint
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90 EV Charging Spots Coming To Paris For COP21, Via Renault-Nissan, Schneider Electric, & OthersSupporting clean air, pure water, emissions-free travel, the Renault-Nissan Alliance is installing 90 new charging spots powered by low-carbon electricity. The Renault-Nissan charging spots will refuel 200 Renault-Nissan EVs during the COP21 climate change conference… Without a single drop of oil. Here are the highlights from a Renault-Nissan press release:
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Waste to energy: Bengaluru gets Dutch helpKarnataka state government signed an MoU on Monday with Netherlands' government for a waste to energy technology which will be utilised to dispose Bengaluru filth. With an investment of Rs 470 crore, the waste to energy project will be utilised to dispose 600 metric tonnes of garbage generated in the city. At a meeting between Netherlands' ambassador in India, Alphonsus Stoelinga, and chief minister Siddaramaiah, the waste to energy project was finalised. Speaking to the media, Siddaramaiah said, "The MoU is for the waste management of Bengaluru. The project is going... Read more.. Date : Nov 23 Source: The Times of India
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Intertek turns green, joins sustainable apparel coalitionLondon-headquartered Intertek, a leading provider of environment sustainability solutions to industries has joined the Sustainable Apparel Coalition (SAC) and will use their sustainability measurement tool, the Higg Index, to drive... Read more.. Date : Nov 23 Source: Fibre2Fashion
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Waaree Energies Ltd. wins EPC contract for 75 MW Solar PV Plant in GujaratWaaree Energies Ltd has announced that it has bagged yet another EPC contract for 75 MW Solar Power plant from a reputed company engaged in electricity Generation, Transmission and Distribution in Western India recently. Waaree will be setting up the power plant at the customers identified site in Gujarat. The scope of the work for Waaree energies, includes design, manufacture, supply, installation, operation and maintenance of the solar power plant. The plant is scheduled to get commissioned by March’2016.Waaree started manufacturing Solar PV Modules way back in 2007 in India and... Read more.. Date : Nov 23 Source: Energetica India
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Confederation of Indian Textile Industry hails Interest Equalisation Scheme by Government of IndiaConfederation of Indian Textile Industry (CITI) and textile industry of India seem to be really glad with initiative that the Government of India has taken to extend the Interest Subvention Scheme to the value-added textile segments of fabric, apparel and made-ups. Naishadh Parikh, Chairman, Confederation of Indian Textile Industry believes that the initiative will back the efforts of textile exporters of India in retaining their market share when major... Read more.. |
Global Investment in Climate Change Mitigation Reaches All-Time High in 2014As COP21 draws nearer, there is more and more hope that the 2015 UN Climate Summit will be a turning point in tackling climate change globally. And the latest report from the Climate Policy Initiative indicates that climate finance has significantly increased over the last year, adding further... Read more.. Date : Nov 20 Source: Eco Watch
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India can achieve 175-GW renewable energy capacity by 2022: KfWGerman bank KfW director (South Asia) Claudia Arce said India can increase renewable energy capacity to 175 GW 2022 but it needs to quickly take discoms on board, find a win a win situation for them, for banks and for the government so that they can go hand in hand. Besides, India will have to focus on quality installations to attract more investors and also address the issue of certification. She informed KfW had already provided 1.3 billion euros for Green Corridor project which is being completed while another 1 billion euros already sanctioned for solar capacity addition... Read more.. Date : Nov 20 Source: Panchabuta
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IOC betting big on green energyIndian Oil Corporation (IOC), the nation's largest fuel retailer, has renewed its focus on green energy and sustainability initiatives, having firmed up a mega clean energy drive that includes plans to invest Rs 1,820 crore in setting up green energy generation capacity, pushing bio-fuel blending in petroleum products and adopting measures to cut... Read more.. Date : Nov 20 Source: Business Standard
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Reliance Group to develop 6000 MW solar park in RajasthanBillionaire Anil Ambani-led Reliance Group will develop a 6,000 megawatt Solar Power Park in Rajasthan, a plan that has potential to attract an investment of Rs 60,000 crore. "The Reliance Group has signed an MoU to develop Solar Park and Solar Projects of 6,000 MW capacity, spread over nearly 30,000 acres, over next six years, with a potential to attract investment of about Rs 60,000 crore in Rajasthan," Ambani said at the Resurgent Rajasthan Summit here. Ambani said his group has already made investments exceeding over Rs 7,000 crore, spread across solar power generation,... Read more.. Date : Nov 20 Source: The Economic Times
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Leading companies call to double renewable energy in 10 yearsSixteen leading energy and technology companies are calling to nearly double renewable energy capacity by 2025, suggesting feasible and economically viable solutions to deploy a further 1.5 terawatts worldwide. “Renewable energy is reliable and increasingly competitive,” the CEOs state in the ‘Scaling Up’ report, which outlines an action plan to achieve such an ambitious target. “With power, comes... Read more.. Date : Nov 20 Source: The Climate Group
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Fund to help small units adopt clean techThe government has launched a fund to support industry, especially the micro, small and medium enterprises (MSME), in the acquisition and development of clean, green and energy efficient technologies. The Department of Industrial Policy and Promotion (DIPP) launched the fund – called the Technology Acquisition and Development Fund (TADF) – under the National Manufacturing Policy being implemented by it. The scheme will provide direct support for technology acquisition. Proposals from Indian industry will be invited for reimbursement of 50 per cent of technology transfer fee... Read more.. Date : Nov 20 Source: The Hindu Business Line
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Kering releases 2014 Group E P&L resultsAfter Kering released the first-ever Group Environmental Profit and Loss Account (E P&L) and open-sourced it in May 2015, it has now released the results of its consolidated 2014 Group E P&L. In order to understand how and where the business can better address environmental issues like climate change, Kering will continue integrating its E P&L results into decision-making and across its business activities.... Read more.. Date : Nov 20 Source: Apparel Resources
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H&M becomes Ellen MacArthur Foundation's Global PartnerSwedish multinational retail-clothing company H&M has become the Ellen MacArthur Foundation's latest Global Partner accelerating the transition to the circular economy. The announcement was made by Dame Ellen MacArthur, speaking at the BSR 2015 conference in San Francisco, H&M said in its latest Sustainability Update. “We see the partnership with the Ellen MacArthur Foundation as a great opportunity to strengthen our work towards a more circular... Read more.. Date : Nov 19 Source: Fibre 2 Fashion
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Churchgate station to soon get solar powerThe Western Railway will go green and instal a 100 KWP solar power system on the rooftop of its Churchgate station building. This will generate cheaper, reliable power for most of the departments in the WR headquarters located in the building. "It is yet another initiative by WR to tap renewable energy sources and save power consumption," said a top railway official. "This will result in an estimated annual saving of 1.12 lakh units and Rs. 7.05 lakh towards power bills." Sources informed TOI on Monday that the WR will install 2x50 KWP solar power systems at... Read more.. Date : Nov 19 Source: The Times of India
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Sustainability Outlook partners with the 4th Industrial Green Chemistry World Convention & Ecosystem (IGCW-2015), Asia’s largest Industrial gathering on ‘green chemistry & green engineering’, to be held in Mumbai on 4th & 5th December 2015.“Industrial Green Chemistry World” is India’s flagship initiative that brings together chemical companies on a common platform with the common agenda to accelerate the implementation and industrialisation of ‘green chemistry & green engineering’ into their existing chemical manufacturing practices. The 4th IGCW-2015 Convention, scheduled on 4th & 5th December 2015 at Hotel Courtyard Marriot, Mumbai; will serve as a pro-active Industrial platform that promises to bring together diverse stakeholders such as Industry, Academia & Research... Read more.. Date : Nov 19 Source: Sustainability Outlook
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Wind turbine maker Gamesa plans solar investment in IndiaSpanish wind turbine maker Gamesa is seeing booming sales in emerging markets, expects double-digit sales growth through 2017 and plans investments in solar and off-grid power generation in India, its chairman said. In India, where Gamesa started activities only five to six years ago, it expects turbine sales adding up to 900 MW this year, and in Brazil, where the company had no business four years ago, it expects sales of 650 MW this year. Fast growth in emerging markets will help Gamesa reach its target of selling 3,500-3,800 MW of capacity in 2017 from an estimated 3,100... Read more.. Date : Nov 19 Source: Reuters
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India's rooftop solar capacity at 525 MW; Tamil Nadu leads the way: ReportIndia's rooftop solar capacity has seen a 66 per cent growth over the last year to 525 MW, with Tamil Nadu outperforming other states, says a report by consultancy firm Bridge to India. According to India Solar Rooftop Map released today, over the past 12 months India's installed solar capacity is almost equivalent to what the country had added in the past three years combined. It said that India rooftop solar industry has witnessed a 66 per cent growth over the last year despite lack of specific rooftop initiatives, which are enjoyed by the utility scale solar segment. ... Read more..Date : Nov 19 Source: The Economic Times
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October 2015 becomes first month to cross key global warming boundaryThe planet has not been only record warm this year, it's been so unusually mild that the temperature records themselves have set records of their own. This is the case with October 2015, according to new preliminary NASA data released Tuesday. The information shows that October 2015 was by far the warmest October on record, dating back to 1880. Not only that, but October also had the largest temperature departure from average of any month on record. The scorchingly hot October seals the deal: 2015 is almost certain to become the Earth’s hottest year since instrument records... Read more.. Date : Nov 19 Source: Mashable
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Scientists create cheaper, high performing LEDResearchers at Florida State University have developed a new type of light-emitting diode, or LED that could lead to cheaper, brighter and mass produced lights and displays in the future. Energy-saving LED lighting is already sold in stores, but widespread adoption has been slow because of the costs associated with the material and the quality. "We came up with our novel approach to solve some critical problems and get a high-performance LED," said associate professor Biwu Ma. The researchers used an organic-inorganic hybrid form of the material perovskites to build... Read more.. Date : Nov 19 Source: Buffalo Breeze
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Barclays Hits £1 Billion Green Bond Target, Commits To £1 Billion MoreBritish banking giant Barclays announced Tuesday that it had reached its target of investing £1 billion in green bonds, and has committed to £1 billion more. Just over a year ago, Barclays announced that it would invest a minimum of £1 billion in green bonds over the following year, which was in and of itself more than double its then-current investment portfolio of £430 billion. Announced on Tuesday, Barclays revealed that it had not only reached its £1 billion... Read more.. Date : Nov 19 Source: Clean Technica
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