Gadkari reiterates annual EV sales target of 1 cr units by 2030

Electrification in India’s automotive sector is likely to gain further momentum, with an increase in affordability factor and is expected to hit the 1 crore (10 million) unit milestone by the end of this decade, the Minister of Road Transport and Highways Nitin Gadkari reiterated. This would represent a close to six-fold jump from the 16.8

Globe Telecom partners with FGen for net zero emission goal

Globe Telecom of the Ayala Group has renewed its strategic partnership with First Gen Corporation, a leading renewable and clean energy firm, to further its commitment to net-zero emissions by 2050. The telco said the partnership will contribute to expanding Globe’s Renewable Energy (RE) sites through Power Purchase Agreements (PPA) under Retail Competition and Open

Methanex Corporation to acquire OCI Global’s methanol business

Methanex Corporation announced that it has entered into a definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas, one of which also produces ammonia. The transaction also includes a low-carbon methanol production and marketing business and a currently idled

98.1% Bengaluru respondents push for EV transition of fleets for last mile delivery

For 98.1 per cent of respondents from Bengaluru, EV transition of fleets by companies is ‘very important’ to ‘somewhat important’ in reducing air pollution and emissions, according to a study released by Sustainability Mobility Network (SMN). The study, ‘Consumer Perceptions & Insights in the Last Mile Delivery Sector for the Transition to Electric Vehicles (EV)’,

NFCSF invites lifting ban on ethanol production

In a major relief for sugar factories and distillery projects across the country, the central government has reversed its previous ban on the production of ethanol from sugarcane juice, sugar syrup, B Heavy molasses, and other raw materials. The ban, initially imposed on December 6, 2023, and partially relaxed on December 15, 2023, has now

Svanehøj develops new high-pressure marine pump for ammonia fuel

 Marine pump specialist Svanehøj is expanding its product portfolio for the emerging green ammonia market. This week at SMM in Hamburg, Germany, the company launches the world’s first high-pressure centrifugal pump for ammonia fuel applications. A growing interest in alternative fuels for maritime transport is driving a surge in demand for specialized critical components capable

MAN Energy Solutions to supply world’s largest air-to-water heat pump

Finland’s capital city to reduce CO2 emissions by 26,000 tons annually with MAN heat pump technology Mega heat pump to harness ambient air and renewable electricity for heat generation MAN Energy Solutions to deliver a 33 MW air-to-water heat pump unit – the world’s largest ever used for a district-heating plant Finnish energy company Helen

Viking Line to fuel vessels with biogas on Baltic Sea

Viking Line’s vessels serving the Turku route will reduce their emissions by 90% when the company runs those vessels for the first time for a whole week solely on biogas. During the week, which kicks off with Baltic Sea Day, Viking Glory and Viking Grace will demonstrate what the future looks like for the first

OOCL debuts biofuel bunkering in Hong Kong

OOCL marked its first biofuel bunkering operation in Hong Kong by procuring  ISCC-EU certified B24 marine biofuel, supplied by Chimbusco Pan Nation Petro-chemical Co Ltd (CPN). This marks a major step forward in the decarbonisation strategy of OOCL, reinforcing its commitment to ecofriendly energy solutions contributing to the mega carbon emission reduction goals of the

IKEA will run all deliveries in India on EVs by 2025

Swedish furniture major, IKEA, will run all deliveries in India on EVs by 2025. The company said that while its delivery operations in Bengaluru, Hyderabad and Pune are powered by electric vehicles, deliveries in Mumbai would follow suit. When IKEA begins operations in Delhi-NCR next year, the market will be the first for the company