Essar to invest Rs 30,000 cr in green hydrogen plant

Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as a key pillar for its new phase of growth. The conglomerate is looking to decarbonise its oil refinery in the UK, construct a

India offers $500 bn investment opportunities in clean energy by 2030

India offers huge investment opportunities worth over $500 billion, particularly in clean energy value chain including renewables, green hydrogen and EV, by 2030, the commerce ministry said. This was stated by Commerce Secretary Sunil Barthwal, who is in Singapore for the two-day meet of the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum.

Buyofuel makes to global list of clean energy solution startups

SET100 list was first launched in 2017 in collaboration with the World Energy Council with the aim of offering young companies a platform to showcase their forward-thinking solutions. India, 13th March 2024: Biofuel Manufacturer and aggregator Buyofuel, proudly announces that Buyofuel has once again been selected as one of the top 100 international start-ups in

IREDA and IIT Bhubaneswar sign MoU for clean energy innovation

Indian Renewable Energy Development Agency Ltd. (IREDA) has taken a significant step towards fostering innovation and research in the renewable energy sector, by signing a Memorandum of Understanding (MoU) with Indian Institute of TechnologyBhubaneswar. The MoU, inked today, February 11, 2024, at the 100 Cube Start-up Conclave held at IIT Bhubaneswar, aims to support collaborative

New nuclear fusion record brings us one step closer to unlimited clean energy

Researchers have set a new nuclear fusion reaction record and produced more power using the technology than ever before. They used the Joint European Torus, (JET), a large and powerful fusion machine at the Culham Centre for Fusion Energy near Oxford, England, to reliably generate fusion energy. JET’s final deuterium-tritium experiments generated high fusion power

Clean energy growth gives ammonia and methanol export trades the green light

The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes of renewable methanol. In a new Foresight article*, Maritime Strategies International predicts that the next 25 years are likely to see ammonia trade transformed with clean ammonia providing new demand for close to 400 very

100 new biogas plants likely to come up in UP

Union Petroleum and Natural Gas Minister Hardeep Singh Puri hailed the inauguration of eight new compressed biogas plants in Uttar Pradesh as an indication of the state’s great clarity on the issue of clean energy. Speaking at Chief Minister Yogi Adityanath’s residence, the Union minister said that while the PM had set clear targets for

Maritime industry’s clean energy transition challenge

The volume of maritime trade is projected to triple by 2050 as demand increases. However, the reliance on carbon-emitting fuel to power shipping vessels creates a significant environmental toll with maritime shipping contributing to about 3% of total global greenhouse gas emissions. This environmental cost highlights the urgency of mitigating emissions and achieving full decarbonization

Black Sea’s green hydrogen holds promise as green fuel

Hydrogen sulfide, a toxic chemical that exists in significant quantities in the depths of the Black Sea, has long been considered a risk to the local marine ecosystem. But some experts believe it could be used as a source of clean energy equivalent to over 850 million tons of oil, with added ecological benefits. With

Alibaba cuts down carbon emissions in direct operations

The company is tapping smart energy management and increasing the use of clean energy as it strives to hit its goal of carbon neutrality by 2030.