News Bulletin : July 2021 – Issue 2

1.New project seeks to improve understanding of floating PV systems : FLOATING STRUCTURES

A joint research project has been established to further develop floating PV power plants under real world conditions over a three-year period. PV2Float is a collaboration between the Fraunhofer Institute for Solar Energy Systems ISE, RWE Renewables and the Brandenburg University of Technology Cottbus-Senftenberg (BTU) and is being funded by the German Federal Ministry for Economic Affairs and Energy. The partners will test several floating PV systems with different designs and structures to assess the validity of the technology and its real-world application The potential of floating PV from a theoretical standpoint is in the mid double-digit GW range, according to Fraunhofer. The project will examine the technical requirements, economic efficiency, and the ecological effects of floating PV power plants in Germany. Source: Pv-tech

2. Lack of provision for state maritime board in proposed Indian Ports Bill: Odisha: INLAND WATERWAYS

In a letter to Union ports, shipping and waterways minister Mansukh Mandaviya, Odisha commerce and transport minister Padmanabha Behera said, “Odisha is in the process of constituting Odisha State Maritime Board. The proposed bill for the same is now with the ministry of home affairs awaiting the assent of the President after being passed by the Odisha Legislative Assembly in February 2021. There is no provision in the Indian Ports Bill, 2021 to include a State Maritime Board which is constituted at a later date by a state enactment. The Union government, through Maritime States Development Council (MSDC), seeks to appropriate this authority of the state through the proposed bill,” Behera wrote. Source: Hindustan times

3. Japan studies options to cut coastal shipping emissions : COASTAL INFRASTRUCTURE

Japan is examining options to cut carbon dioxide (CO2) emissions from coastal shipping, as it considers raising an emissions target for the industry in line with the country\’s more ambitious 46pc reduction target for 2030 on 2013 levels. The transport ministry is discussing presenting a decarbonization roadmap later this year for the country\’s coastal shipping industry, which handles 40pc of domestic freight transport, as it seeks to revise the industry\’s 2030 emissions reduction target to 17pc compared with 15pc previously. The ministry is working out a separate policy for coastal shipping because of its structural problems that could hinder capital investment in greener operations, as the industry is dominated by small enterprises with limited working capital. Source: Argus Media

4. Domestic road logistics sector could grow by 6-9% in FY22: ICRA:LOGISTICS

India\’s domestic road logistics sector is likely to grow by 6-9 per cent in FY22, ratings agency ICRA said.. It said that the logistics sector reported a strong recovery over H2 FY2021, a sharp contrast to the steep decline in revenues and earnings reported over Q1 FY2021.. The logistics sector had reported a growth of 9 per cent sequentially in Q4 FY2021, backed by sustained recoveries across the sectors Source: The weekend Leader

5. Gujarat offers 1,000 acres of land to Tesla for electric car factory: ECONOMIC ZONES AND BUSINESS PARKS

As we know that Tesla is prepping up to enter the Indian market. They have already registered themselves in Bengaluru as Tesla India Motors and Energy Private Limited. Several states are trying to attract Tesla so that they set up their plant in their state. Well, here is Gujrat who has just offered 1,000 acres of land located in Mundra to Tesla. Other states that are trying to attract Tesla are Karnataka and Maharashtra. “They are undecided if they should come to a faraway place in Gujarat or dig deep in Bengaluru. There is little or no social life in Gujarat, while it is not so in Bengaluru. They are trying to negotiate with both Gujarat and Karnataka governments.” A senior government official of Gujrat said. P Anbalagan, Chief Executive Officer, Maharashtra Industrial Development Corporation said, “The government of Maharashtra and Tesla officers had four meetings, and the last one was nearly 7-8 months back. We also offered them land so that they could start production facilities in Maharashtra as there are already several auto companies in the state.”

6. Indian Railways Invests Rs 11,500 Cr For 58 Critical, 68 Super-Critical Projects : RAILWAYS AND METROS

As of last year, the Indian Railways has completed and delivered some major projects in states like Assam, West Bengal, Maharashtra, and Uttarakhand. Read on to find out all the details about the new projects by Indian Railways. Source: Financial Express

7. India’s renewable energy sector is set to witness a clash between the country’s two richest men. : RENEWABLE ENERGY

India’s renewable energy sector is set to become a battleground for the country’s top billionaires. On June 24, when India’s richest man, Mukesh Ambani, announced his clean energy business, many heads turned to the country’s second-wealthiest man Gautam Adani who has had a strong presence in the renewables space for many years. Everyone was keen to know what Adani’s next moves will be to achieve his ambition of becoming India’s largest clean energy player by 2030. The share price of Adani Green Energy, the renewables business of the Adani Group—which has gone up by around 850% over the last year—fell following Ambani’s announcement, perhaps due to fears that the company’s future growth would be under pressure. Source: Qz India

8. Satellites could be a game-changer for storm recovery — utilities should take a fresh look: RESOURCES AND UTILITIES

The time has come for utilities to harness the power of satellites. Satellite technology has long been used by government agencies for everything from the disposition of enemy forces and bomb damage assessments to tracking the rise of sea levels. The agriculture industry has been successfully using satellite imagery to improve crop yields, and the insurance industry uses satellites for damage assessments and claims processing after hurricanes. Although the utility industry has been slow to adopt satellite technology, recent advancements in satellite sensors, optics and image processing throughput merit a fresh look. Source: Utilitydive

9. Can smart meter data can stop us running out of water? : ROADS AND HIGHWAYS

There has been a massive push for infrastructure by the Indian government in the last few years. The Ministry of Road Transport and Highways (MoRTH) has a target to construct roads worth ₹ 15 lakh crore in the next 2 years. As reported by ANI, the road transport minister Nitin Gadkari aims to construct 60,000 km of the world-class national highway by 2024. Speaking at the 16th annual conference on \’Road Development in India\’, the minister said he intends to achieve this target at the rate of 40 km per day. Source: Carand Bike

10. Global Environmental Consulting Services Market Opportunities and Strategies to 2030 : WATER AND ENVIRONMENT

Global Environmental Consulting Services Market Opportunities and Strategies to 2030 The global environmental consulting services market reached a value of nearly $29,082.2 million in 2020, having increased at a compound annual growth rate (CAGR) of 0.9% since 2015. The market is expected to grow from $29,082.2 million in 2020 to $36,926.7 million in 2025 at a rate of 4.9%. The market is then expected to grow at a CAGR of 3.7% from 2025 and reach $44,240.1 million in 2030. Growth in the historic period in the environmental consulting services market resulted from strong economic growth in emerging markets, impact of E-waste, increased government regulation and rise in shale oil and gas production. The market was restrained by skill shortages, COVID-19 pandemic and lack of awareness. Source: Business Wire

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