Coal needed for India in 2030 is between 1.3 to 1.5 billion tonnes

The government informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030. “Due consultations were held for finalizing India’s approach for negotiations at COP-21 and prior to signing the Paris Agreement. As per Economic Survey, the demand for coal is expected to remain in the range of 1.3-1.5 billion tonnes by 2030,”

Reliance acquires battery maker Lithium’s assets for $61mn

Indian refining giant Reliance Industriesmakes a bigger push towards clean energy and transport, and has acquired the assets of battery maker Lithium Werks for $61 million. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles (EVs), includes funding for future growth, the company said late on

Clean energy initiatives to decarbonise the economy

Technology has contributed towards the country’s economic development, but now it’s important to leverage tech solutions to make the future green, sustainable and habitable. Strategic measures for mitigating climate change, shared mobility, and better usage of water and electricity can help make this a reality. Organisations are chalking out newer technologies and innovative approaches to

GAIL, IPICOL ink mou for developing clean energy projects in Odisha

IPICOL and GAIL (India) Limited signed a Memorandum of Understanding (MoU) for cooperation in the areas of Green Hydrogen, Green Ammonia and Renewable Energy (Solar / Wind) for the production of eco-friendly fuels in Odisha. Scope of the MoU inter-alia incorporates preparing a feasibility study for setting up proposed plants. MoU also emphasizes promoting the

It takes green to go green

President Biden made headlines with his recent executive order directing federal agencies to achieve net-zero greenhouse emissions by 2050, including meeting ambitious goals this decade to decarbonize federal vehicles, buildings and electricity use. While the President’s plan would make only a dent in US emissions overall, the real aim is to use the government’s vast

Masdar and Engie to develop hydrogen hub in UAE

Emirati renewable energy company Masdar has formed a strategic alliance agreement with French multinational utility company Engie to develop a green hydrogen hub in the United Arab Emirates (UAE). The hub will consist of projects with at least 2GW of capacity, which will be developed by 2030 with a total investment of $5bn. Engie CEO

Clean-energy push to halve petrol, diesel demand growth

Growth in petrol and diesel combined will likely decline to 1.5 per cent per annum this decade, compared with 4.9 per cent in the last, because of increasing blending of ethanol with petrol, and rising usage of vehicles powered by compressed natural gas (CNG) and electricity (EVs). The trend will also be persuaded by policy

IFAs have huge role in global net zero transition: Alok Sharma

COP26 president and Conservative MP Alok Sharma has said financial advisers have a huge role to play in helping developing countries transition from fossil fuels to renewable energy. Speaking to advisers at AJ Bell’s Investival 2021 in London today (18 November), Sharma (pictured) said advisers have a part to play in ensuring money set aside

20 countries at COP26 promise to end financing for international fossil fuel projects

The international climate conference’s “energy day” dawned with fresh efforts to block the flow of money to fossil fuel companies, as activists brushed aside arguments from corporate leaders of coal, oil and gas firms that they need to help meet the energy needs of consumers over the next three decades. The United States and 20