Renewable energy production in India ramps up

While the new solar installations rose from January to August by 22 per cent year-on-year, new wind installations increased by only 7 per cent, with only 1.1 GW installed between January to August 2022, shows data. India had set a target of installing 175 GW of RE capacity by 2022 end – 100 GW from

Trafigura teams up with Amogy to study use of ammonia to transport green hydrogen

Trafigura has joined forces with US-based energy tech startup Amogy to study the use of ammonia as a carrier to transport green hydrogen. Green hydrogen is an abundant and clean energy source, but its high volatility and very low density make it difficult and expensive to transport. An economically viable method is to convert hydrogen

Renewable Energy Investment Can Create Huge Revenue By 2030

According to a report titled ‘Investing for Impact: Renewable Energy & Cleantech’, India has the potential to generate a whopping 212 billion in revenue by investing in renewable energy and cleantech focused ventures by 2030. The report said that about 3.4 million jobs can be created by 2030 with an investment of $350 billion in

Diversify cane output towards ethanol production for energy sector

Union Minister for Road Transport and Highways Nitin Gadkari said that over-production of sugar is a problem for the economy and there is a need to diversify cane output towards ethanol production for the energy sector. Addressing the felicitation programme of National Cogeneration Awards 2022 in Mumbai, Gadkari said that majority of our population depends

Australia limiting LNG exports poses setback to Asia-Pacific gas markets

The Asia-Pacific gas market has suffered another blow after major natural gas producer Australia signaled it could potentially cut down liquified natural gas exports as the region battles tight gas supplies, high prices and competition from gas-short European buyers. Australia is looking to trim its overseas sales in favor of domestic consumption ahead of a

Carbon trading market likely in India

As part of its efforts to hasten the transition to cleaner fuels, India is likely to introduce a carbon trading market for major emitters in the energy, steel and cement industries. The platform is expected to be announced by Prime Minister Narendra Modi at Independence Day celebrations on August 15. The market would initially be

Climate bill in Australia to make fossil fuel investment harder

Climate change Minister Chris Bowen has introduced the government’s climate change bill and said he wants Australia to be a renewable energy powerhouse. The minister introduced the Climate Change Bill to parliament, which if approved would commit the federal government to cut greenhouse gases by 43 per cent from 2005 levels by 2030. Greens leader

Study conducted on bunker costs for alternative fuels

The joint study conducted by German consultancies OCEANS ONE and GMW finds that bunker costs for alternative fuels will be significantly higher with biofuels. The consultancies penned a detailed report on expected bunker costs for the largest boxships afloat, the 24,000 teu so called megamaxes. The study predicted that the costs world be four times

Hydrogen fuel transport could become safe with new silicon-based powder

EPRO Advance Technology (EAT), a renewable energy company, has developed a revolutionary porous silicon material, known as Si+, which has the ability to generate ultra-pure hydrogen from a water source. It also acts as a solid-state hydrogen generating material – one that is compact, robust, and easily transportable – solving many of the issues that

Bangladesh government to set up two land-based LNG terminals

The Bangladesh government is set to establish two land-based liquefied natural gas terminals alongside the floating terminal. The sites being considered for the land-based LNG terminals are in Kutubdia, Moheshkhali, Payra and two other places. Each of the two land-based terminals will supply 1,000 million cubic feet (MMCFD) of gas every day, according to an