Can green hydrogen offer cost competitive replacement?

Fossil fuels consumption for energy has been significantly increasing over the last fifty years across the world. In spite of the recent escalating gas and oil prices due to Russia-Ukraine conflict, the demand for these fuels is not dying down. However, keeping in mind the evil effects of the fossil fuels on the climate conditions,

Huge incentives planned for green hydrogen industry

The India government is planning a $2 billion incentive programme for the green hydrogen industry, in a bid to cut emissions and become a major export player in the field. The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years. It would do

Top green hydrogen companies in India

As the world is marching towards cleaner energy solutions to mitigate the use fossil fuels on earth, it has become vital to switch to green and clean alternatives. After the recent UN Climate summit (COP 27) held in Egypt several nations have taken steps in this direction of making their respective countries green by adopting

Reliance, Ashok Leyland in talks for development of H2 engines

Reliance Industries Ltd (RIL) is in advanced talks with Hinduja-owned truck and bus maker Ashok Leyland for the development and supply chain of hydrogen-powered engines. Ashok Leyland will install fuel-cell engines in an existing fleet of 45,000 trucks that RIL has hired to transport refined products and other marketing goods as a first stage in

Reliance on the lookout for inexpensive green hydrogen technologies

Reliance Industries targets to produce green hydrogen at $1 per kilogram by the end of this decade. For this the Indian company is assessing new technologies for making electrolyzers in its efforts to produce low-cost green hydrogen in the country. As part of the push, the company also plans to bid for any production-linked incentives

Private refiners from India profiting from Cheap Russian Crude

India’s private refiners are tapping cheap Russian crude and getting profits from exports. However, on the other hand, the state refiners are getting squeezed by high oil costs and government-capped domestic fuel prices. When many Western buyers are avoiding Russian crude in response to its invasion of Ukraine, Indian private refiners such as Reliance and

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

Reliance to supply diesel to Europe

Energy crunch prompted by Russia’s invasion of Ukraine is giving Reliance Industries Ltd. a much-needed boost. The Jamnagar facility of the company is lifting crude processing and deferring planned maintenance to take advantage of surging demand for diesel, according to people with direct knowledge of the matter. It’s already sending shipments of the fuel to