Torrent Power to supply gas for peak summer

Private-sector Torrent Power is set to supply electricity from a gas-fired power plant to a unit of state-owned NTPC to meet peak power demand during summer, which will boost use of imported LNG. Torrent won a competitive bid to supply a minimum of 388mn KWh from a contracted capacity of 770MW, as per the agreement

PM virtually inaugurates seawater-to-green hydrogen project

Prime Minister Narendra Modi virtually inaugurated the foundation stone for the Seawater to Green Hydrogen plant at NTPC Simhadri, marking a significant milestone in India’s journey towards clean energy. This pilot project, initiated by NTPC NETRA (NTPC Energy Technology Research Alliance), aims to explore the feasibility of producing green hydrogen directly from seawater. This pioneering

Trafigura to acquire biofuels producer Greenergy

Commodities trader Trafigura Group Pte Ltd announced a deal to acquire the European business of Greenergy, a British supplier of road fuels and producer of biodiesel. Trafigura is buying the business from Brookfield Asset Management and its affiliate Brookfield Business Partners. The parties did not disclose the value of the deal. Founded in 1992, Greenergy

LanzaTech introduces Tech to capture carbon

Synthetic biology and engineering company LanzaTech commercialized a technology that captures carbon from steel mills and ferril alloy mills before it is released into the atmosphere; it is then transformed into raw materials that are used in products traditionally derived from petroleum. Plants get a new revenue stream through the sale of ethanol made from

Government revises list of electrolyser subsidy winners

The Indian government has revised its list of winners for the first auction for electrolyser manufacturing subsidies, originally announced in January, after steelmaker Jindal — which had won incentives for 300MW of annual manufacturing capacity — dropped out of the process. This left 300MW per year of manufacturing capacity, with a maximum incentive of 4.44

India’s 1st green hydrogen plant inaugurated

Union Minister for Steel and Civil Aviation, Jyotiraditya M Scindia, virtually inaugurated India’s 1st Green Hydrogen Plant in Stainless Steel Sector located at Jindal Stainless Limited, Hisar. The inauguration also witnessed the presence of Secretary, Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, Hygenco Amit Bansal, and other officials

MethaneSAT can identify methane emitters

Methane is the second largest contributor to global warming, after carbon dioxide. MethaneSAT will identify how much methane is coming from where, who’s responsible, and are those emissions going up or down over time. MethaneSAT — a satellite which will track and measure methane emissions at a global scale — was launched aboard a SpaceX

Yara to receive green ammonia under new deal with ACME

Norwegian ammonia trade and shipping company Yara and Indian renewable energy company ACME have signed a long-term firm and binding agreement for the supply of ammonia produced in Oman with reduced CO2 emissions. According to Yara, the agreement is the result of 18-month negotiations during which the regulatory framework and certification regime have evolved and

CMA CGM partners with Nike to reduce carbon footprint

Nike, a global leader in the apparel and sportswear industry, has recently entered into an agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport. From July 1, 2023, to May 31, 2024, Nike will use sustainable biofuel for the transportation of 36% of their volume with CMA CGM. Through

H2 aviation trial underway in Wellington

Air New Zealand, Wellington Airport, Toyota New Zealand, and Hiringa Energy have joined forces to trial using hydrogen to charge Air New Zealand’s electric tugs and service vehicles during the next few weeks at Wellington Airport. The airline wants to pioneer the commercial deployment of green hydrogen-powered aircraft in New Zealand, says Air New Zealand