Indian Railways installing rooftop solar panels on 250 trains

June 23, 2017 by  
Filed under Eco, Green

Some of the world’s most polluting cities may be found in India, but the country’s government, as well as private corporations, are working hard to transition the economy into a more sustainable one. Indian Railways, for instance, is installing flexible solar panels on 250 local trains. The intention is to reduce fuel costs and benefit the environment while lowering the company’s own emissions to meet government standards. The railway has not yet decided which trains will receive the solar panels but has floated the money to install the systems, which will be used to power lights and fans on the trains. According to The Economic Times , companies selected through the process will need to install flexible solar panels and battery systems on six trains. Following a two-month trial period, large-scale implementation will take place. The initiative is expected to give another boost to India’s rapidly growing renewable energy program, especially since the trains would primarily run in areas where tracks have yet to be electrified. Related: New project could see UK electric trains powered by off-grid solar As Clean Techies reports, Indian Railways has undertaken numerous initiatives to shift to clean energy sources. Earlier this year, it was announced by the Indian Finance Minister Arun Jaitley that “7,000 railway stations across the country will be fed with solar power as per the Indian Railways mission to implement 1,000 megawatts of solar power capacity.” The news was shared during the union budget speech on February 1, 2017. Minister Jaitley also said that work to set up rooftop solar power systems at 300 stations has already begun and that the number will increase to 2,000 stations. Because of initiatives such as these, Indian Railways could potentially source up to 25% of its energy needs from renewable energy sources by 2025, according to a study conducted by the United Nations Development Program. The report reads, “The Council on Energy, Environment and Water (CEEW) has found that Indian Railways could set up 5 gigawatts of solar power capacity, through rooftop and utility-scale projects, to significantly increase its consumption of renewable energy over the next few years.” As a result of solar prices declining in recent months, India has canceled plans to construct nearly 14 gigawatts of coal-fired power stations . Experts now expect a profound shift in global energy markets. Via The Economic Times , Clean Techies Images via Pixabay  and Unsplash ( 1 , 2 )

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Indian Railways installing rooftop solar panels on 250 trains

Why Starbucks brewed up a green bond

June 20, 2017 by  
Filed under Business, Green

“We have a long-term interest in having a sustainable source of coffee,” said Starbucks Treasurer Drew Wolff, “but we don’t always get it right.”Money talks, however, and increasingly, the power of global capital markets is reinforcing corporate sustainability efforts. 

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Why Starbucks brewed up a green bond

Why sustainability teams should engage CFOs much earlier

June 13, 2017 by  
Filed under Business, Green

At many companies, sustainable business initiatives still lie outside the core business plan. That’s a mistake that could hinder progress.

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Why sustainability teams should engage CFOs much earlier

No funds for that project? It may be time to ask the crowd

June 8, 2017 by  
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As crowdfunding matures, startups experiment with niche sites focused on sustainability.

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No funds for that project? It may be time to ask the crowd

Investors, companies demand consistent climate risk data

June 1, 2017 by  
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Two of the world’s largest asset management firms, State Street Advisors and BlackRock, publicly support improved disclosure.

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Investors, companies demand consistent climate risk data

How climate laws can catalyze more equitable cities

June 1, 2017 by  
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Environmental justice advocates are working to ensure California’s efforts to combat climate change benefit everyone — and then applied nationwide.

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How climate laws can catalyze more equitable cities

Lego, Tesco face risks with public renewables goals

June 1, 2017 by  
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Renewables are now firmly in the mainstream, but corporates must overcome the barriers to deliver the scale that is needed.

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Lego, Tesco face risks with public renewables goals

Episode 76: Energy productivity and green banks gain traction

May 19, 2017 by  
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On this week’s podcast: Navigating renewables in the age of Trump, green banks fill the void, and EP100 turns one year old.

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Episode 76: Energy productivity and green banks gain traction

6 benefits to companies that issue green bonds

May 5, 2017 by  
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The corporate sector has almost tripled its participation in the green bonds market. These are some of the compelling reasons why.

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6 benefits to companies that issue green bonds

Here’s how cities in developing countries can tap green bonds

April 28, 2017 by  
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Many city leaders already are working to finance resilience projects through green bonds.

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Here’s how cities in developing countries can tap green bonds

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