Sustainability Outlook Headlines

Indias 1349 billion solar push draws foreign players

pIndia39s US100 billion S1349 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside no longer protected by government restrictions on the sectorp

pThe money pouring into India39s solar industry is likely to be soaked up by foreignorganised projects such as one run by China39s Trina Solar not the country39s own solar panel manufacturersp

pLast week Softbank became the latest foreign player to enter India39s solar market leading an investment of up to 20 billion The Japanese firm said it... Read more..

TN offers subsidy to boost roof top solar units

pnbspThe Tamil Nadu Government would like installation of roof top solar plants to become a peoplersquos movement as had happened with rain water harvesting in the Statep

pThe State offers a subsidy of 20000 to install roof top solar units This is in addition to the 30 per cent subsidy offered by the Centre It would cost 46000 to set up a 1 kW solar roof top unit However the annual saving in electricity charges would be nearly 10000 said R Viswanathan Tamil Nadu Minister for Electricity and NonConventional Energy inaugurating the 14th edition of Green Power 2015 organised by the... Read more..

Bill Gates to invest in RE innovation

pBill Gates will be investing in renewable energy sector and help move the sector in the right direction by supporting renewable energy innovationsp

pGates however said that he will not divest his 14 billion currently in the fossil fuel industry He explained that it would be to no avail because fossil fuels are still a majority in power production all over the worldp

pTo reach projected needs by 2030 he says there must be ldquohigh riskrdquo investments and major efficiency advances Gates said that emissions could only be reduced with current technology at ldquoa beyond... Read more..

Indian electric vehicle sales grow by 25 percent

pThe Indian electric vehicle industry grew by 25 percent in 2015rsquos first quarter with the sale of nearly 5000 vehicles the Society of Manufacturers of Electric Vehicles SMEV said on Fridayp

pldquoWe are really delighted that the combined efforts of all the stakeholders are having a desirable impact and increased sales in one of the indications of this upbeat scenariordquo said SMEVrsquos director corporate affairs Sohinder Gill in a statementp

pOne of the key reasons for the rise in sales is because of the subsidies announced by the government he said adding that the next... Read more..

Rays Power forays into wind and transmission sector

pRays Power Infra Pvt Ltd one of the biggest solar EPC companies in India today announced its foray into wind and transmission business with the commissioning of 160 MW project in Jaisalmerp

pIt plans to invest Rs 200 crore in Andhra Pradesh Telangana and Karnataka by 2016p

pquotThe company commissioned a 160 MW wind project at a single location in Jaisalmer along with a 220 KV substation and transmission linequot Rays Power said in a statementp

pThese were setup in a record time of 120 days The project will add to the already existing 3324045 MW wind projects in... Read more..

Bengaluru environment enthusiast opens waste management firm

pReddonatura a waste management company based in Bangalore city offers complete organic waste management solution The company is a distributor and manufacturer of India39s first fully automatic organic waste management machine 39R Nature39 with a turnover of Rs 2 crores Approx 312000 USD Reddonatura gained popularity after its success at the Aero India show 2015 The company has signed deals with various defence establishments such as Coast guards Indian Navy and ITBPnbspp

WBA Global Bioenergy Statistics 2015

pRenewable energy sources are growing at a rapid pace and so is bioenergyp

pThe World Bioenergy Association is pleased to launch the 2nd version of the Global Bioenergy Statistics report Key highlights from the reportp

pstrongBiomass has grown the strongest among all renewable energy sourcesstrongbr
From 2010 ndash 2012 biomass supply increased by 2 320 PJ Solar PV and wind increased by 234 PJ and 645 PJ However the largest increase in demand of total energy 20 100 PJ was due to fossil fuelsp

pstrongLeading countries in renewable energy are also leading in... Read more..

Rules on way for discarding sanitary waste including condoms

pDraft rules on solid waste management for the first time defines 39sanitary waste39 comprising of diapers sanitary towels or napkins tampons condoms and incontinence sheets and specifies how it should be disposed offp

pUnder the section 39duties of waste generators39 the draft rules identify those waste and asks the users to quotwrap securely the used sanitary waste as and when generated in a newspaper or suitable biodegradable wrapping materialquot and place the same in the domestic bin meant for non biodegradable waste or dry wastep

pRules on solid waste management also... Read more..

Corporate speed dating Finding financiers for Indias smart cities

pBuilding off nearly 10 months of extensive public and private sector consultation Indian Prime Minister Narendra Modi began in April to greenlight initial projects under the countryrsquos Smart Cities Initiative SCIp

pThe SCI benchmarks PDF formulated in response to rapid urban population growth aim to modernize environmentally sustainable transport housing utility and connectivity services for 100 new or refurbished cities across the subcontinent But how these projects will contribute to Indiarsquos greater sustainability effort is yet to be seenp

pDetermining these... Read more..

ILFS Academy of Applied Development to host 1st Sustainability Leaders Conclave to foster collaboration and peertopeer learnings in Sustainability

pSustainability integrates economic environmental and social considerations in business and helps organisations to establishing a brand make profits create value and reduce risks in investments and operations In the last two decades all over the world a lot has been done to put sustainability into practice Several supporting frameworks tools and management systems have evolved strongToday there is lot to share and learn from each other strongp

pVarious regulatory requirements such as Business Responsibility Reporting BRR arising out of the National Voluntary Guidelines NVGs and the... Read more..

SunEdison adds 50MW in India

pSunEdison today inaugurated the 50MW Dammakhedi DC solar power plant in Madhya Pradesh in Indiap

pThe project is the first solar plant in the state to use single axis tracker technology to maximize energy production and delivers power to the central government39s Solar Energy Corporation of Indiap

pIt is among the first projects to be commissioned under the second phase of the Jawaharlal Nehru National Solar Missionp

pState agency Madhya Pradesh New and Renewable Energy Department oversaw project on a local level and Sterling and Wilson and Larson and Toubro assisted... Read more..

BMC to set up pollution monitoring stations around Kanjurmarg dumping ground

pFollowing repeated complaints of air pollution and consequent breathing and other health problems from residents staying close to the dumping grounds of the city the Brihanmumbai Municipal Corporation is planning to set up three pollution monitoring stations around the newlyopened Kanjurmarg dumping ground to keep a check on the pollution levels emanating from the landfillp

pThe civic body in March this year started waste processing at the Kanjurmarg dumping ground As per civic officials the BMC is undertaking scientific processing of waste at the dumping groundp

pSenior... Read more..