Page 14 - Green Energy

How technology is using data to reduce carbon emissions

Decarbonisation efforts are occurring in every sector of business and society. Commercial and personal consumption is being audited for wastage, leakage, reuse of energy

Adani Green aims to achieve operational capacity of 11 GW in FY24: CEO

Adani Green Energy Limited (AGEL) has a planned capex of Rs 14,000 crore and aims to achieve operational capacity of 11 GW in FY24, its CEO Amit Singh said. The company has an operating renewable energy (RE) portfolio of 8.4 GW across solar, wind and hybrid capacity, the company official said in an investor presentation. "With plans to deliver 2.8-3 GW capacity in FY24, the company's operating portfolio will increase to 11 GW. In FY24, the company has indicated a capex of Rs 14,000 crore," Singh said. A large part of the capacity addition will come in Khavda in Gujarat where the company has deployed a workforce of more than 5,000 people. The company plans is to add 5 GW of RE portfolio every year from FY25 onwards, he added. "We have the largest operating renewable portfolio in India. We are ramping up our execution capabilities as we prepare for our next phase of growth. We are working extensively on our next milestone of developing the largest RE cluster in the world in Khavda

Ashok Leyland delivers AVTR 1922, India's first LNG-powered haulage truck

With this, Ashok Leyland becomes the first Indian Original Equipment Manufacturer (OEM) to unveil an in-house LNG engine compliant with BS VI Stage II emission standards

Inox Wind soars 9%, hits 7-year high on Monday; what's driving the rally?

Shares of Inox Wind hit their highest level since July 2016 after its customer, NTPC Renewable Energy, announced the successful commissioning of 50 MW out of 150 MW Dayapar Wind Energy Project

AESL commissions green evacuation transmission project in Tamil Nadu

Adani Energy Solutions Ltd has commissioned a 2500 MW green evacuation 400kV system in Tamil Nadu in line with India's decarbonisation efforts

Power Grid to build Rs 20k-crore Green Energy Corridor-II in Ladakh

The GEC-II is an Inter-State Transmission System (ISTS) project aimed at connecting at least 13 gigawatts of forthcoming renewable energy projects in Ladakh

High noon for clean power

Companies are buying green energy like never before, with India setting new records

As BYD seeks India expansion, its executives find it tough to get visas

BYD is far from being an outlier, as several Chinese companies from various sectors have faced challenges in getting visas for travel to India

Tamil Nadu govt to explore large scale green energy storage options

Tamil Nadu is exploring a hybrid storage model, in which pumped storage power plants (PSP) will be used to store excess energy from solar, wind, and other sources

Indus Towers signs pact with IOC Phinergy for clean energy systems

Indus Towers and IOC Phinergy (IOP) have inked a pact for the deployment of 300 zero-emission energy systems to optimise diesel consumption at Indus' telecom tower sites. This move accelerates Indus Towers' progress towards its sustainability priorities, according to a release. "Indus Towers Limited and IOC Phinergy Private Limited (IOP) have signed an agreement for deployment of 300 zero-emission energy systems based on aluminium-air technology, to optimise diesel consumption at Indus' telecom tower sites," the release said. Indus Towers' CEO Prachur Sah said as part of the company's ESG vision, Indus Towers believes in nurturing environmental stewardship, being socially responsible and having robust governance. "Indus Tower's agreement with IOP is a testimony of the company's commitment to build eco-friendly telecom tower sites by investing in solutions for resource optimisation," Sah added. IOP is a joint venture company formed by IOCL and Phinergy Ltd, Israel to manufacture, s

Essar Oil UK division Vertex Hydrogen to change name to EET Hydrogen

Essar Oil UK arm Vertex Hydrogen on Monday announced its plan to switch to a new brand identity, EET Hydrogen as it looks to become a major pillar in the group's energy transition. This change is a natural progression in the development of the company from an early-stage idea into the leading hydrogen production project in the UK, a statement said. "Vertex Hydrogen is announcing that it is changing its brand to EET Hydrogen and that it intends to move from being a subsidiary of Essar Oil UK (EOUK) to a sister company of EOUK and become a standalone pillar of the Essar Energy Transition (EET) portfolio," it stated. The EET Hydrogen will provide a platform for growth with an ambition to deliver around 4GW of low-carbon hydrogen by 2030, around 40 per cent of the UK Government's national target. This hydrogen will enable businesses to switch from fossil fuels to low-carbon energy, securing and growing vital industries and jobs and unlocking billions of pounds of investment. Essar gro

JSW, Tata, Adani make a beeline to meet industrial green energy needs

The C&I sector accounts for approximately 40-45 per cent of total energy demand in India

Tata Power Renewable Energy enters Nepal market, ties up with Dugar Power

Renewables solution provider Tata Power Renewable Energy on Thursday said it has collaborated with Nepalese firm Dugar Power to accelerate Nepal's renewable energy initiatives. This tie-up heralds TPREL's strategic entry into Nepal's rapidly evolving renewable energy sector and sets the stage for a quantum leap in accelerating Nepal's shift toward sustainable energy, according to a statement. "Tata Power Renewable Energy Ltd (TPREL) has signed an agreement with Dugar Power Private Ltd (Dugar Power), a subsidiary of Dugar Group which is a prominent business house in Nepal," a company statement said. The partnership is set to deploy transformative solar technologies to produce a range of on- and off-grid energy solutions and mark the inception of a long-term commitment to energy sustainability in the region. The agreement is designed to cater to Nepal's diverse energy requirements, offering scalable solutions from 1 KW to MW levels. "This partnership with Dugar Power is a strategic

India's green hydrogen ambitions ride the coat-tails of Chinese equipment

India's ambitions for green hydrogen are riding the coat-tails of Chinese equipment, with Beijing's global stranglehold on the green hydrogen business now extending to New Delhi

Want to be a one-stop debt solution for renewable energy: REC chairman

'We are targeting a tenfold increase in our renewable energy portfolio to Rs 3 trillion by 2030'

Abatement tech can't be used to justify fossil fuel expansion: 17 countries

Leaders of 17 countries, including France, Chile and Kenya, have said that abatement technologies play a minimal role in decarbonising energy systems and cannot be used to justify the expansion of fossil fuels. These 17 nations are members of the High Ambition Coalition (HAC), a group of countries advocating for strong and ambitious action on climate change. In a joint statement released ahead of the United Nations Climate Ambition Summit on Wednesday, the leaders emphasised the need for systemic transformations across all economic sectors, driven by a "global phase-out of fossil fuels". They acknowledged that while abatement technologies have a role in reducing emissions, their impact on decarbonising energy systems is limited. "We cannot use it (abatement technologies) to green-light fossil fuel expansion," said the leaders representing Austria, Belgium, Chile, Colombia, Denmark, Micronesia, Finland, France, Iceland, Ireland, Kenya, Marshall Islands, the Netherlands, Palau, Spain

Round-the-clock renewable energy will cost Rs 6 per unit: RK Singh

The Union Minister for Power and New and Renewable Energy RK Singh on Friday said that round-the-clock renewable energy will cost just about Rs 6 per unit if green hydrogen is used for storage.Speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in the national capital today, Union Minister RK Singh said that the cost of Green Hydrogen would be cheapest in India and that the Green Hydrogen would become a viable energy storage alternative."Green hydrogen is cheaper than gas and battery energy storage systems. We have come up with a pilot bid for about 100 MW which we hope will establish the benchmark. Once we are able to use green hydrogen for our energy requirements, all supply chain issues such as availability of lithium-ion batteries will be resolved. We will make green hydrogen and use it as storage. The average price of power in the energy exchange has recently been Rs. 8 per unit, so if our cost for round-the-clock .

IIT Madras to work on validation standard in 'Green Hydrogen' with industry

Industries and research institutes are working on industrial R&D needs, skill development, creating incubators, testing/validation standards and policy advocacy in the 'Green Hydrogen' sector

Oil India Ltd to invest Rs 25,000 crore in renewable energy by 2040

The company will invest in green hydrogen, solar, geothermal energy, 2G ethanol plant, compressed biogas plants, and carbon capture utilisation and storage (CCUS)

70% of jet fuels at airports will have to be green by 2050, says EU

In addition, a specific proportion of the fuel mix (1.2 pc in 2030, 2 pc in 2032, 5 pc in 2035 and progressively reaching 35 pc in 2050) must comprise synthetic fuels like e-kerosene