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Sustainability Outlook Headlines

PNB Housing raises INR 500 crore from IFC to finance Green Residential Projects

 PNB Housing Finance Limited has announced that it has  issued secured fixed rate NCDs to International Finance Corporation (IFC) to raise INR 500 crore for funding Green Residential projects. With this, PNB Housing has become the first housing finance company (HFC) to successfully issue Green Bonds.

The funds will be used to finance green residential projects which are certified by recognized green building... Read more..

Source: Energetica - India

HP pledges to achieve 100% renewable electricity usage by 2020

Personal computers and printing major HP Inc today pledged to achieve 100 per cent renewable electricity usage and 40 per cent renewable electricity mark by 2020 in its global operations.

"We continue to reinvent a more sustainable business and society, not only through innovative energy-efficient technology, but also with our move towards a business that is powered entirely by renewable electricity," HP Inc... Read more..

Source: The Economic Times

Government notifies new hazardous waste management rules

India has banned the import of solid plastic waste, including PET bottles, as part of new hazardous waste management rules that aims to prevent the country from becoming a dumping yard for industrialised nations.

The Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016 notified by the Union environment ministry on Sunday replaces its older version made in 2008. The new rules... Read more..

Source: livemint
Subject Tags: policy, waste management

ABB India and Welspun Energy announce installation of about 700 MW of solar photovoltaic projects in India

 ABB in India and Welspun Energy, have announced that it together installed about 700 MW of solar photovoltaic projects across several states in India like Punjab, Rajasthan, Gujarat, Maharashtra, Karnataka and Tamil Nadu. This includes a key project of 52 MW for Maharashtra State Generation Company at Baramati, which was the first ever PPP (public-private partnership) project in the industry, in the country.

... Read more..

Source: Energetica - India
Subject Tags: renewable energy, Solar PV

Govt offices to turn solar power generating centres in Belagavi

The huge roofs of state and central government offices in Belagavi will be transformed into electricity producing centres. Under the Integrated Power Development Scheme (IPDS) envisaged by the Centre in association with the state government, the Hubli Electricity Supply Company (Hescom) has identified 10 such offices where solar panels will be installed. The Rs 38.66-crore project aims at producing 100KW power.

... Read more..

Source: The Times of India

Solar cell material can recycle light to boost efficiency

Perovskite materials can recycle light particles - a finding which could lead to a new generation of affordable, high-performance solar cells.

Scientists have discovered that a highly promising group of materials known as hybrid lead halide perovskites can recycle light - a finding that they believe could lead to large gains in the efficiency of solar cells. Hybrid lead halide perovskites are a particular... Read more..

Source: ENERGY HARVESTING JOURNAL

India, China investing more in renewable technologies: John Kerry

Emerging economies like India, China and Brazil invested more in renewable technologies last year than the developed world, US Secretary of State John Kerry has said.

Kerry said for the first time in history, despite the low price of coal, oil, and gas more of the world's money was spent fostering renewable energy technologies than was spent on new fossil fuel plants.

... Read more..

Source: The Economic Times

LED bulb prices reduced to a price range of Rs. 75 - Rs. 95 under UJALA scheme

Energy Efficiency Services Limited (EESL), in its latest round of procurement, has achieved a considerable drop in LED bulb prices under Unnat Jyoti by Affordable LEDs for All (UJALA) scheme. On the last day of March, 2016 EESL has achieved a new procurement price of Rs. 54.90 (exclusive of taxes). EESL has pooled the prices of all the previous procurements and the benefit of this reduction will be directly passed on to the consumers across states. Therefore, the cost of the LED bulb has been brought down to... Read more..

Source: EESL

Govt notifies rules to dispose of garbage; puts special attention on managing sanitary waste

Manufacturers of sanitary pads/napkins and diapers in India will have to provide a pouch or wrapper for disposal along with the packets of their sanitary products.

The government made this provision mandatory for manufacturers of sanitary products under its new solid waste management rules, released by the Union environment and forests minister Prakash Javadekar on Tuesday.

... Read more..

Source: The Economic Times
Subject Tags: policy, waste management

India’s NTPC and Steel Authority auctioning for 50MW solar in Tamil Nadu

NTPC-SAIL Power Company Private (NSPCL), a joint venture between Indian state-owned utility NTPC and Steel Authority of India, is tendering for the development of a 50MW solar PV project near to the Salem Steel Plant (SSP) in Salem District in the state of Tamil Nadu.

Bidders can use PV cells and modules from either domestic or foreign sources.

... Read more..

Source: PV TECH
Subject Tags: power, renewable energy, solar

Oxford Researchers Warn World’s Energy System Already Committed To 2°C By 2017

A new report from the Oxford Martin School has warned that the world’s energy sector is “uncomfortably close” to pushing global warming above 2°C.

A new study from the Institute for New Economic Thinking at the Oxford Martin School and the Smith School for Enterprise and Environment, University of Oxford, published in the journal Applied Energy, has revealed that “we are uncomfortably close to the point... Read more..

Source: Clean Technica
Subject Tags: climate change, energy

HSPCB to choose factories for inspection by drawing lots

Instead of inspecting each and every unit annually, Haryana State Pollution Control Board (HSPCB), will now inspect only 20 per cent of all local industries every year based on a draw of lots for Pollution Under Control (PUC) clearance. The units once inspected will be exempted from review for a period of 5-year cycle. As a result, units once inspected can expect to be free from facing pollution worries for at least four years, and up to four more if the 20 per cent cycle is followed. Currently, Gurgaon has... Read more..

Source: Apparel Resources
Subject Tags: Industry, pollution

States float Rs 1 lakh crore worth of Uday bonds in FY 2016: Piyush Goyal

Eulogising the benefits of Uday scheme for distribution firms, Power and Coal Minister Piyush Goyal today said states have floated bonds worth Rs 1 lakh crore under the scheme in just two-and-a-half months.

Uday is the most comprehensive assessment for the power sector, he said adding it is a bottoms-up approach, which is why every state has almost accepted it and the rest will come in line after elections... Read more..

Source: The Economic Times
Subject Tags: distribution, power

IREDA, Tata Cleantech Capital ink pact on financing RE projects

State-run Indian Renewable Energy Development Agency (IREDA) today signed a pact with Tata Cleantech Capital to jointly develop an innovative financial mechanism aimed at new projects and customers in the renewable energy (RE) space.

"The arrangement will help TCCL (Tata Cleantech Capital) syndicate and down sell transactions co-underwritten and co- financed with IREDA, while we will be able to churn our... Read more..

Source: The Economic Times

Adani considering buying SunEdison solar assets: Sources

India's Adani Group is looking at buying the local assets of SunEdison Inc, two people familiar with the matter told Reuters, after the heavily indebted US solar power developer sought partners for its projects.

SunEdison, which a unit said was at "substantial risk" of bankruptcy, has several solar plants in India and last year won an auction to sell solar power in the country at what was then a record-low... Read more..

Source: The Economic Times

Developers in a spot as MPERC reduces tariff for wind energy

Wind power developers are up in arms over the Madhya Pradesh Electricity Regulatory Commission's (MPERC) order reducing the levelized tariff for wind energy from Rs 5.92 per kwH to Rs 4.78 per kwH from the start of the new financial year. The tariff will be applicable to all new wind energy projects commissioned after April 1.

"The new tariff is unviable," said Sunil Jain, President, Wind Independent Power... Read more..

Source: The Economic Times
Subject Tags: energy, tariff, wind

India’s electric vehicle sales grow 37.5% to 22,000 units

Sales of electric vehicles in India grew by 37.5% to 22,000 units in the year ended 31 March, according to industry lobby group Society of Manufacturers of Electric Vehicles (SMEV).

Of these, only 2,000 units were four-wheelers. The lobby group said that industry sold 16,000 units in 2014-15.

At these... Read more..

Source: livemint

AP to set up energy efficiency firm soon

Andhra Pradesh will soon set up its own company for implementing energy efficiency programmes on a larger scale and tune it with global practices.

The proposed entity will be like the Energy Efficiency Services Limited (EESL), the joint venture of PSUs of the Ministry of Power, which is engaged in similar activities, says Ajay Jain, Principal Secretary of Energy, Infrastructure, and Investment, and CRDA.... Read more..

Source: The Hindu

Graphene layer could allow solar cells to generate power when it rains

Solar energy is on the rise. Many technical advances have made solar cells quite efficient and affordable in recent years. A big disadvantage remains in the fact that solar cells produce no power when it's raining. This may change, however: In the journal Angewandte Chemie, Chinese researchers have now introduced a new approach for making an all-weather solar cell that is triggered by both sunlight and raindrops.

... Read more..

Source: ENERGY HARVESTING JOURNAL

UP’s solar power project gets 155 hectare land

The 600MW solar park project of UP government has inched a step closer to reality with revenue department allocating around 155 hectare land for the purpose in Mirzapur.

The project, conceptualised under Centre's solar park policy, is proposed to come up after integrating solar power installations in four districts—Jalaun, Allahabad, Mirzapur and Sonebhadra. The one in Mirzapur is proposed to have a total... Read more..

Source: The Times of India

All proposed airport terminals to have green ratings: AAI

All proposed airport terminals under the Airports Authority of India will have GRIHA ratings as the airports management body looks to tap alternative sources of energy in a big way, AAI chairman Sudhir Raheja said on Friday.

Raheja said AAI, responsible for creating, upgrading, maintaining and managing civil aviation infrastructure in the country, has implemented best practices, towards reduction in emission... Read more..

Source: dna

Jakson Group sets up 4-mw grid-linked solar PV plant

Jakson Group has installed a 4-mw grid-connected solar photovoltaic (PV) plant at Bina Refinery of Bharat Petroleum Corporation Limited ( BPCL )

As part of the project, Jakson has to supply, install and commission the solar power plant, along with operation and maintenance services, for 5 years through an integrated service package for the project, which was commissioned on March 30, 2016, the company today... Read more..

Source: The Economic Times
Subject Tags: renewable energy, Solar PV

Power Grid board approves Rs 3,324 crore investment proposals

Power Grid Corporation of India (PGCIL) today said its board has given approval to investment proposals worth Rs 3,324 crore, including Rs 845 crore generation projects in Odisha and Rs 810 crore solar park in Karnataka.

"The Powergrid Board of Directors in their meeting held on April 2, 2016, have accorded approval" to several projects including investment approval for 'substation extensions for... Read more..

Source: The Economic Times

AP houses to be energy efficient

Energy-efficient home appliances will be distributed in Vijayawada and Narsapur in a bid to make State energy efficient, said Principal Secretary of Energy Department, Ajay Jain, and added that street lighting in 30 municipalities would be replaced with LED bulbs and Chief Minister would launch the programme on April 7.

Haryana makes solar plants mandatory for housing societies, industry

Haryana has made solar power plants mandatory for housing societies, industries and other specified categories of buildings.

"The notification has been issued in this regard to achieve higher trajectory for solar power generation and promote green energy," principal secretary for renewable energy Ankur Gupta said.

... Read more..

Source: The Economic Times