REC Ltd to invest in a big way in renewables

REC, a subsidiary of Power Finance Corp., plans to expand its lending in the renewable energy space to Rs 2.4 lakh crore by 2030, says its director-technical, VK Singh. While land and grid availability can be challenging for developing new green energy projects, policies of the government and support from states have been encouraging. India

India, Japan to sign certification mechanism for renewable hydrogen, carbon credits

The G20 Energy Ministers’ Meeting and the Clean Energy Ministerial (CEM) are to be held in Goa in India July 19-22 where countries and companies are expected to deliberate on the way forward for clean energy. “We are signing the carbon credit mechanism with Japan… If they buy green hydrogen from us one (issue) is

IIT-I produces green hydrogen gas from PET waste

The research also addresses the global issue of the recycling of PET based plastic waste by transforming ‘waste to wealth’. The developed process will provide a simple yet effective way to transform PET waste to produce Green Hydrogen along with the formation of primary constituents of PET, which can further be used for the production

India Aims To Achieve 100 MT Coal Gasification Target By 2030

The Ministry of Coal has set a target to achieve coal gasification of 100 Million Tonne (MT) coal by FY 2030 reflecting the government’s commitment to harnessing the power of coal gasification. With the introduction of this ambitious proposal, Coal Ministry aims to propel the nation’s progress.  The proposal incorporates a comprehensive set of measures

India and US team up for developing global ecosystem for Hydrogen fuel

New and renewable energy secretary, Bhupinder Singh Bhalla said, “Recognising the importance of diversified and resilient clean energy supply chains for the energy transition we are working together to eliminate exposures to disruption,” he said addressing the ‘US-India Energy Summit – Partnership for a sustainable future’. Considering heavy dependence on China for vital equipment like

Volvo Cars to switch to biofuel to transport production materials overseas

As the first global car maker to announce such a switch, Volvo aims to achieve an immediate reduction in fossil CO2 emissions from intercontinental ocean freight by 55,000 tonnes over a year. Thanks to renewable fuel, CO2 emissions are reduced by at least 84 per cent compared to fossil fuel. The reduction is equivalent to

EIB to provide EUR 1 billion for India’s National Green Hydrogen Mission

European Investment Bank (EIB) Vice-President Kris Peeters is visiting India to strengthen cooperation with Indian public and private sector partners and to discuss EIB support for clean energy investment and transport in the country. “Peeters will confirm EIB’s interest in supporting the recently approved National Green Hydrogen Mission with a facility of up to EUR

India plans LNG terminal in Iraq

India is planning to build a liquefied natural gas (LNG) terminal in Iraq as it looks to diversify supplies and strengthen its energy security, a government official said. The terminal will liquify some portion of the gas currently flared by Iraq and transport it to India, where it will be converted back to LNG for

IndianOil and Praj form JV for building biofuels production capacities in India

In a recent development, Indian Oil Corporation Limited and Praj Industries Limited signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others. Earlier in October 2021, both the Companies had entered

Charotar Gas Cooperative plans entry into green hydrogen space

As an energy transformation at India’s grass-root levels, Anand-based gas cooperative Charotar Gas Cooperative Society Ltd is taking a giant leap towards green hydrogen generation and retailing from the soil of dairy cooperative behemoth Amul. India’s first and only city gas distribution (CGD) player from the cooperative sector – Charotar Gas – is developing a