Adani seeking to raise $4 bn to fund green hydrogen

Billionaire Gautam Adani’s Adani Group is seeking to raise as much as $4 billion to help develop manufacturing plants that would produce low-cost green hydrogen. Adani New Industries Ltd., a wholly owned subsidiary of flagship company Adani Enterprises Ltd., will take the lead raising the money from domestic and international banks and is in early-stage

How seawater can be used to generate valuable hydrogen energy

Hydrogen is a clean-burning fuel, and when combined with oxygen in a fuel cell — like a battery — it produces heat and electricity with water vapor as its only byproduct. But extracting hydrogen and isolating it so that it can be used in this way isn’t as simple. Today, most hydrogen is generated by

TNB, Siemens Energy work together to advance green hydrogen

Tenaga Nasional Bhd (TNB) and Siemens Energy are set to embark on green hydrogen initiatives after signing a memorandum of understanding (MoU) in August of this year. Their collaboration focuses on expediting the decarbonization of TNB’s thermal power plants by using green hydrogen generated from renewable energy sources. TNB will employ electrolysis and renewable energy

Tata Motors unveils facilities to develop hydrogen propulsion

Tata Motors unveiled two state-of-the-art, new-age R&D facilities for offering sustainable mobility solutions. They constitute an engine test cell for development of an hydrogen internal combustion engine and the necessary infrastructure for storage and dispensing of hydrogen fuel for the Fuel Cell and H2ICE vehicles. It plans to indigenously develop hydrogen-fuelled, zero-emission propulsion systems at

Evergreen joins forces with CIP to explore hydrogen shipping fuels

To this end, Evergreen and CIP, on behalf of its Energy Transition Fund, have signed a memorandum of understanding (MoU) under which they will jointly explore the production and usage of carbon-neutral e-fuels. The cooperation will have several aspects including the production of e-fuels in Taiwan based on offshore wind, but also the exploration of

See green hydrogen as a path to the future: Hardeep Puri

Union Minister of Petroleum and Natural Gas Hardeep Puri sees green hydrogen as a path to the future. Puri was speaking at a panel discussion at the US India Business Council meeting in New Delhi. “I am wedded to the movement away from fossil fuels, and see green hydrogen as a path to the future.

OMCs to prepare joint roadmap on green hydrogen

The Ministry of Petroleum and Natural Gas Ministry has asked OMCs to submit a detailed plan to increasingly adopt green hydrogen and provide a leg-up to their energy transition plans. Public-sector undertakings (PSUs) under the ministry target to produce more than 1 million tonnes (mt) of green hydrogen by 2030. Refineries in the country already

Avaada, REC ink MoU for green hydrogen hub

Avaada Group has inked a memorandum of understanding (MoU) with state-run REC for setting up a green hydrogen and green ammonia hub in Gopalpur, Odisha. The non-banking financial company (NBFC) in the power sector has entered into an agreement with the Avaada Group, pledging Rs 15,000 crore for an upcoming green hydrogen and ammonia facility

MOL orders LNG newbuild from Samsung

Japanese shipowner Mitsui OSK Lines has returned to Samsung Heavy Industries with an order for one more LNG carrier. In an exchange announcement last week, the South Korean shipbuilder said it had received the order from an Asian owner without naming the company behind the vessels. Brokers have placed MOL behind the deal worth around

Exmar takes lead with ammonia-powered gas carriers

Belgian owner Exmar will become the first shipowner in the world to take delivery of ammonia powered ships in the first half of 2026. Exmar has two 46,000 cu m LPG carriers contracted earlier this year with Hyundai Mipo Dockyard, with these ships set to be able to operate on ammonia or LPG.  The engines