Hydrogen projects in focus in Asia-Pacific

India’s Reliance Industries Ltd. has signed a memorandum of understanding with the Gujarat state government to invest Rupee 5 trillion ($67.71 billion) into renewable energy and renewable hydrogen assets, the company said Jan. 13. RIL would invest an additional Rupee 600 billion in component manufacturing for solar PV modules, including polysilicon, wafer, cell and module

Fossil-fuel billionaire Ambani boosts green energy ambitions

The conglomerate led by Mukesh Ambani, Asia’s richest man, announced plans to invest $76 billion toward clean energy projects, dwarfing an earlier commitment of $10 billion by the world’s biggest fossil-fuel billionaire. Reliance Industries Ltd., controlled by Ambani, has signed pacts with the state government of Gujarat for a total investment of 5.96 trillion rupees

NYK and Knutsen create CO2 carrier joint venture

Nippon Yusen Kaisha of Japan and Norway’s Knutsen Group of Norway have established a joint venture company for the commercial development of a liquefied CO2 marine transportation and storage business worldwide using the Knutsen developed technology PCO2 which allows transport of liquified CO2 at ambient temperatures. NYK and the Knutsen will each hold 50% stakes

How to accelerate the net-zero transition in transport

The role of transport was front and center at COP26 in Glasgow, Scotland. Leaders from nations, cities, international organizations, NGOs – and notably the private sector – zeroed in on the role of transport as one of three critical sources of carbon emissions as well as the only sector still increasing in its greenhouse gas

SDTR Marine joins SDARI and ABS on methanol-fuelled bulker design

An 85,000 dwt methanol-fuelled bulk carrier has been designed in a joint development project between Singapore-based shipowner SDTR Marine, American class society ABS, and the Shanghai Merchant Ship Design & Research Institute (SDARI). Under the partnership, SDTR supplied operational data and SDARI developed the design with ABS support and review. ABS also provided an analysis

Blending of ethanol with Petrol is a proven technology

Union Minister of State in the Ministry of Petroleum & Natural Gas Rameswar Teli said that years of research has gone into the technology of blending of ethanol with Petrol and it is a proven technology. Many studies to prove the efficacy of Ethanol blended Petrol have been carried out jointly with the Original Equipment

Global energy transition to cause short-term economic pain

The transition to clean energy required to prevent temperatures from rising swiftly could shave 2% off global GDP by 2050 but is likely recoverable before the end of the century, a report by natural resources consultancy Wood Mackenzie said on Thursday. While investments in technologies like solar and wind farms, advanced batteries will generate jobs,

Why it matters to go beyond net-zero plan

’Net-zero’ pledges have been made globally over the past few years, committing organisations to manage greenhouse gases emissions. In 2021, more firms and governments committed themselves to becoming net-zero before 2050 with the aim of fighting climate change. Net-zero targets are a critical tool to fight climate change and stakeholders are pushing companies to make

Ørsted to acquire 45% stake in FlagshipONE from Liquid Wind AB

Ørsted, a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, will acquire 45 percent stake in FlagshipONE e-methanol project from Liquid Wind AB, a Swedish circular carbon energy company with focus on bringing renewable methanol to the market at scale. FlagshipONE is a late-stage development project

New ‘dawn’ as Aust ships hydrogen to Asia

Australia’s first commercial shipment of super-cooled liquid hydrogen will soon be on its way to Japan, project partners say. Scientists at CSIRO have been working with industry on the first stage of a $500 million hydrogen energy supply chain (HESC) project as the next phase for Victoria’s coalfields. Australia is separated by more than 1500km