Sustainability Outlook Headlines

ABB India achieves sales of 1Gw of solar inverters

ABB India on Tuesday became the first company to reach sales with a cumulative capacity of 1 Gw (gigawatt) solar inverters.
The company marked the same with the roll out of an order for Tata Power Solar's project for Kiran Energy Solar Power at its manufacturing facility in Nelamangala, about 45 kms from here. ABB India commenced local manufacturing of solar inverters in 2012 and partnered with several customers, the company stated here on Tuesday.

Source: Business Standard

More focus needed on energy-efficient appliances

“While there has been a proactive implementation of solar power projects across the Southern districts, there needs to be more focus on energy efficient appliances which help livelihoods,” said Harish Hande, Ramon Magsaysay Awardee in 2011 for his work on solar power and Managing Director of Selco India Limited, who was in the city on Wednesday.

Source: The Hindu

Green clearance for Arunachal hydel projects fast-tracked

Moving to fast-track environment clearance for hydel projects in Arunachal Pradesh, an expert panel of the Ministry of Environment and Forests (MoEF) has shown the green light to a 1200-MW project on the Lohit river and is set to consider for clearance a 3097-MW hydel project in Dibang Valley later this week. But in giving the go-ahead, the ministry appears to have bent its own guidelines.

Source: Indian Express

Work On 750 MW Solar Power Project In India Progressing Well

The Indian government is planning an excellent gift for the nation on its 69th Independence Day next year. The Solar Energy Corporation of India is working to have the first phase of what is being dubbed as the world’s largest solar power project commissioned by 15th August 2016. SECI hopes that following auctions, 250 MW of solar photovoltaic power capacity would be commissioned in Madhya Pradesh.

Source: Clean Technica

Emission intensity of GDP to be reduced by 20-25% by 2020

The emission intensity of Gross Domestic Product (GDP) will be reduced by 20-25 per cent by 2020 from the 2005 level without reckoning the emissions from agriculture sector, Lok Sabha was informed Tuesday.
Environment Minister Prakash Javadekar said India is a party to Kyoto protocol and the responsibility of reducing the per capita Greenhouse Gas (GHG) emission has been given to the developed countries due to their historical emissions.

Source: Zee News

‘Zero Effect, Zero Defect’ model to rate and handhold one million small and medium enterprises

The government is set to launch a 'Zero Effect, Zero Defect' model to rate and handhold one million small and medium enterprises over the next three to five years to deliver top quality products using clean technology. 

Source: Economic Times

First Solar urges sovereign hedge fund for renewable sector

Arizona-based solar power equipment manufacturer and project developer First Solar wants the Government to consider a sovereign hedge fund focused for the renewable energy sector.
“The Government should consider a sovereign hedge fund to mitigate the impact of currency fluctuations on the repayment of debt/equity by renewable energy developers,” said Sujoy Ghosh, Country Head of First Solar India.

Source: Business Line- The Hindu

PTC India Fin Services to focus on renewable energy projects

PTC India Financial Services plans to focus on lending to the renewable energy sector and ensure that the sector accounts for 50 per cent of its total exposure by March 2016, up from the current 38 per cent.

Source: Business Line- The Hindu

Solar energy to be cheapest power source in 10 years

Solar energy is set to become the cheapest source of electricity in many parts of the world within the next 10 years, with the cost of photovoltaics continuing to decline. In fact, in some parts of the world, solar energy would become cheaper than the heavily subsidised fossil fuel energy, says a report.

Source: IB Times

PMC to use garbage to fuel burners in industries

The Pune Municipal Corporation (PMC) has abundance of one raw material which could be of great utility to the industry — garbage. 
Unable to offload its over-flowing bins, the PMC's solid waste management department has thought of providing mix and dry waste to industries for running burners. The administration is convincing local industries to replace wood/coal fired fuel with garbage. 

Source: Times of India