Amogy raises $56 mn to commercialize ammonia-to-power solutions

Amogy announced that it raised $56 million in venture financing, bringing total raised since inception to more than $270 million. The round was co-led by existing investor Aramco Ventures and new investor SV Investment. Additional new investors participating in the round include Samsung Heavy Industries, BHP Ventures, Hanwha Investment & Securities, AFW Partners, Quantum Ventures

Wärtsilä to explore hydrogen-argon power cycle for netzero power generation

Technology group Wärtsilä is part of a new research project exploring innovative technology for cleaner, more energy-efficient engines utilising a closed-loop combustion cycle. The research will focus on the use of argon—a non-toxic ideal gas present in the atmosphere—to increase the efficiency of balancing engines. The co-innovation project is run by the Integrated Hydrogen-Argon Power

First solar park starts solar power generation in Maharashtra

THE first solar park of 3 MW capacity under the MahaYuti Government’s ambitious Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 has been activated in Dhondalgaon village in Chhatrapati Sambhajinagar district. Nearly 1,753 farmers will get 12 hours of uninterrupted power supply during day time from this project. The solar energy project which started power generation

Nuclear power transition more safe option for decarbonisation than coal

The global electricity mix remains dominated by fossil fuels; coal, as well as oil and gas, account for some 60%. Yet the world is on track to reach or surpass the record total nuclear power generation (measured in terawatt-hours) previously reached in 2021 when 2,762 TWh of nuclear energy was generated worldwide. Last year, 2,686

Essar Energy Transition announces launch of Europe’s first hydrogen power plant

Essar Energy Transition (EET) announced the launch of EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery, with the aim of completing construction in 2027. The investment will support EET Fuels’ ambition to become the lowest carbon process refinery, globally and EET Hydrogen’s ambition to

Use of fossil fuels likely to fall for power production

The world will likely use fewer fossil fuels to produce electricity this year in a “turning point” for planet-friendly energy, a new report says. It would be the first ever annual drop in the use of coal, oil and gas to generate electricity, outside of a global recession or pandemic. As a result, fewer warming

Indian Oil and NEGL agree on green energy projects

NGEL, the renewable energy (RE) subsidiary of India’s largest electricity producer NTPC Limited, signed a joint venture agreement with Indian Oil Corporation Limited (IOCL), for setting up renewable energy projects to meet round-the-clock (RTC) power requirement of refineries of IOCL. Through the JV, NTPC plans to help IOCL set up RE projects to the tune

NTPC signs MoU with Maire Tecnimont to produce green methanol

NTPC Ltd has entered into an agreement with the Indian subsidiary of the leading engineering & construction provider Maire Tecnimont Group, Italy to create a commercial scale green methanol production facility in India. The state-owned giant has signed a non-binding Memorandum of Understanding with Tecnimont Private Limited to jointly evaluate and explore the possibility of