BASF and AM Green sign MoU to study low-carbon chemistry prospects in India

BASF and AM Green B.V. have entered a memorandum of understanding (MoU) to jointly evaluate and develop business opportunities for low-carbon chemicals produced exclusively with renewable energy, and the corresponding value chains in India. Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE, and Mahesh Kolli, Group President of AM Green,

Be8 will produce a new biofuel to decarbonize faster.

Be8 declares that Be8 BeVant will begin manufacturing in the upcoming month. With its revolutionary bio-distilled methyl ester biofuel, Be8 BeVant, fossil diesel can be completely replaced while lowering greenhouse gas emissions by as much as 50%. All the company needs to begin operations is a license from the National Agency of Petroleum, Natural Gas,

MPA and IRENA Collaboration Energy Transition for Maritime and Port Industries

The Maritime and Port Authority of Singapore (MPA) and the International Renewable Energy Agency (IRENA) have formalised their collaboration through a memorandum of understanding (MoU) aimed at accelerating the energy transition of global maritime and port sectors. This initiative aligns with the goals of the International Maritime Organization (IMO) and the Nationally Determined Contributions (NDCs)

RE sector set to dominate Indian power industry: MNRE Secretary Prashant Kumar Singh

The renewable energy sector is set to dominate the Indian power industry in the coming years, stated Prashant Kumar Singh, Secretary of the Ministry of New and Renewable Energy. He was speaking at the Brainstorming Conclave organized by the Central Electricity Authority on the Indian Power Sector Scenario by 2047 in New Delhi. He mentioned

India Working to Convert Ships to Run on Green Energy: Pralhad Joshi

India is currently working on converting existing ships into vessels that run on green energy, Union minister of new and renewable energy Pralhad Joshi said on Monday in his address at the Hamburg Sustainability Conference in Germany. The Minister said that the focus is now on converting existing vessels to operate on green hydrogen or

Gail and AM Green signs Memorandum of Understanding for Jointly Developing Renewable Energy

GAIL (India) Limited and AM Green B.V. (AMG) have signed an Memorandum of Understanding (MoU) to explore projects aimed at advancing sustainable energy solutions in India. The partnership focuses on the long-term supply of carbon dioxide (CO2) for hybrid renewable energy projects, and eMethanol production and exploration across India. Mr Sumit Kishore, Executive Director (Business

Global energy demand to grow 24%: OPEC

Global energy demand will grow 24 percent by 2050, with oil dominating world markets in need of 120.1 million barrels per day, the Organization of the Petroleum Exporting Countries (OPEC) said. OPEC released its annual World Oil Outlook, for the first time outside its headquarters in Vienna. The organization, which brings together most of the

Aluminium sector requires $29 bn investment for netzero emissions

According to a recent independent study by the Council on Energy, Environment, and Water (CEEW), the Indian aluminium industry would necessitate an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (approximately Rs 29 billion) to attain netzero carbon emissions. Additionally, renewable energy (RE) power sources could mitigate 49% of the total emissions generated

IBA partners with HAI to promote hydrogen

The Indian Biogas Association (IBA) and the Hydrogen Association of India (HAI) have forged an alliance to champion hydrogen as a bio-derived energy solution in the country’s energy sector. Their collaboration aims to propel the adoption of green and blue hydrogen, prioritizing sustainable energy projects and advocating for supportive policies. Anticipated to spur substantial market expansion, the partnership is poised to catalyze the

Adani will invest Rs 2.3 trn in renewable energy

Adani Group will invest about Rs 2.3 trillion through 2030 in India’s most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. Adani Green Energy Ltd, India’s largest renewable energy company, will invest about Rs 1.5 trillion in