Saint-Gobain finds natural fit with low-carbon construction

Saint-Gobain, which has been in India for a quarter century, is now anticipating more pep in its sales from India. It is ratcheting up its capacity and making its manufacturing process low-carbon. A billion dollars – roughly two-thirds of its turnover in 2022 – is going into this investment plan for the period 2021 to

HGK Shipping signs agreement for hydrogen energy

HGK Shipping signed a Memorandum of Understanding (MoU) in early May with Hydrogenious LOHC Maritime and Hydrogenious LOHC Technologies to collaborate on developing a scalable solution to make hydrogen available as a source of energy on a wide scale. The hydrogen-based technique is based on a liquid carrier LOHC (liquid organic hydrogen carrier). The two

Swedish govt parties agree to slash biofuels obligation

Sweden’s three government parties have struck an agreement with the far-right Sweden Democrats which will see the so-called biofuels obligation reduced to 6 percent for both fuels, down from today’s 7.8 percent for petrol and 30.5 percent for diesel. The reduction will come into force from the start of next year, and would, the parties

VPS-inspected marine biofuel samples rising

Key bunker hubs such as Singapore and major shipping companies, particularly container lines, globally are embracing biofuel bunkers, with their popularity also reflected in the rising number of Veritas Petroleum Services-inspected marine biofuels samples. Biofuels are being increasingly sought to reduce greenhouse gas emissions from marine fuels. The renewable content of marine fuel when bunkered

Greenfield LNG storage terminal at Chhara Port

HPLNG, a subsidiary of Maharatna oil PSU HPCL, is developing a greenfield LNG terminal at Chhara Port, located in Gujarat. The company said that the terminal is being built in the coastal region of East Somnath district in Gujarat. Further, the company informed that the terminal has a regasification capacity of five MMTPA which has

Oil demand may take a dip in transport sector by 2050

According to DNV’s latest Transport in Transition report, electricity’s share in transport will grow from the existing 1% to 23% in 2050. The report draws on DNV’s system dynamics-based Energy Transition Outlook model and explores the vast changes in fuels, electricity and infrastructure needed to transport ever-larger numbers of people and volumes of freight while

Juniper, Evergreen, SJVN, and Blupine emerge as winners of wind auction

Juniper Green Energy, Evergreen Renewables, SJVN Green Energy, and Solarcraft Power India (Blupine Energy) emerged winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 500 MW of grid-connected wind projects (Phase V). Juniper Green Energy won 70 MW by quoting ₹3.11 (~$0.038)/kWh. Evergreen Renewables bagged 30 MW by quoting ₹3.17 (~$0.039)/kWh, and

Netzero authority introduced in Australia

The federal government announced that it would legislate a national NetZero Authority to ensure the workers, industries, and communities that have powered Australia for generations can seize the opportunities of Australia’s netzero transformation. The Authority will have responsibility for promoting the orderly and positive economic transformation associated with achieving net zero emissions, supporting workers in

ACME, and IGL to collaborate for green hydrogen

ACME and IGL will work jointly to promote the adoption by the customers and create demand for Green Hydrogen in the country.  Diversified renewable energy firm ACME Group and city gas distribution company IGL have signed an initial pact to jointly explore potential business opportunities in Green Hydrogen. ACME and IGL will work jointly to

Solar generation capacity to overcome thermal by 2030: CEA

The Central Electricity Authority (CEA) has estimated that India’s solar capacity at 292.6 GW will surpass the thermal generation capacity of 276.5 GW (251.7 GW of coal and 24.8 GW of gas) by the financial year (FY) 2029-30. The Authority released the estimates in a report on the optimal generation capacity mix for the country.