Page 14 - Green Energy

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

G20 aims to triple green energy capacity; no mention of fossil phase-out

G20 countries on Saturday said they will aim to triple global renewable energy capacity by 2030 and expedite efforts to phase down coal power in line with national circumstances but did not commit to a phase-out of all polluting fossil fuels, including oil and gas. The language on coal aligns with what was agreed upon in the previous G20 Summit in Bali, Indonesia. The bloc, which represents 85 per cent of the world's GDP and contributes 80 per cent of emissions, however, said it will uphold their 2009 promise made in Pittsburgh to eliminate and rationalise inefficient fossil fuel subsidies. According to a key technical report on the first-ever Global Stocktake published on Friday, scaling up renewable energy and phasing out unabated fossil fuels are indispensable elements of just energy transitions to net-zero emissions. The G20 is home to 93 per cent of the world's operating coal capacity (1,926 GW) and 88 per cent of (305 GW) the pre-construction coal capacity, according to a rep

Fossil fuel use smudge G20 host India's green leadership ambitions

New Delhi frets over the risks that come with abandoning coal, a fuel regarded as cheap and readily available - at a time when energy security and cost concerns are paramount

India to offer $452 mn in incentives for battery storage: Anurag Thakur

India will offer $452 million in incentives to companies to set up battery storage projects, in a bid to boost the country's green energy capacity, a top minister said

India to become green fuel destination for shipping sector: R K Singh

Singh said that the Centre will come out with pilot projects for the storage of green hydrogen and green ammonia for round-the-clock renewable energy

No 'silver bullet' for green transition, needs govt support: Tata Steel CEO

There is "no silver bullet" for green transition in hard-to-abate sectors, including steel, Tata Steel global CEO & MD T V Narendran said on Saturday, noting it's a complex challenge and needs government support. The statement from the industry leader comes amid growing concerns across economies over emissions, and need to increase usage of green energy. Steel is the most commonly used metal in the world and one cannot do without steel. Even for the transition, steel will be needed whether to hold solar panels up, windmills, storage and pipelines, he said addressing a session at B20 Summit India 2023. "You need to find a solution and there is no silver bullet for that...India is alone going to add 100-150 million tonne steel capacity every decade...for the next few decades you will have these hard-to-abate sectors growing, cement production is twice the amount of steel production globally...you need to find solutions which are technical, which don't get solved by just finding ...

TCPL Green Energy plans to set up manufacturing facility in Jharkhand

TCPL Green Energy Solutions plans to set up a manufacturing facility in Jharkhand to produce hydrogen-based powertrains and battery electric vehicle aggregates and systems, the company said on Friday. Announcing the signing of an initial pact with the Jharkhand Government, the company said it will invest over Rs 350 crore over the next few years to produce fuel-agnostic powertrain solutions including hydrogen Internal Combustion engine (ICE), battery and fuel cell electric vehicle systems as well as fuel delivery systems. This investment will create an anchor enterprise to develop a robust supply ecosystem through value chain creation, the company said. TCPL GES is a wholly-owned subsidiary of Tata Cummins Pvt Ltd. TCPL is a 50:50 joint venture between Tata Motors and the global power technology major, Cummins Inc. The plant is expected to commence production in 2024 in a phased manner with the hydrogen ICE to be rolled out first followed by the battery electric components and fuel

IIT Bombay gets $18.6 mn from alumnus for green energy research hub

The Indian Institute of Technology (IIT) Bombay has received a donation of USD 18.6 million from an alumnus for establishment of a Green Energy and Sustainability Research Hub, the premier institute said on Thursday. The IIT B, however, did not disclose the identity of the alumnus, saying he wanted to remain anonymous. The contribution will redefine the institute's role in addressing the global climate crisis. The hub will be located within a state-of-the-art academic building on the IIT Bombay campus in suburban Powai and its focus will extends to critically important areas, said the institute in a statement. The focused areas include evaluating climate risks and developing effective mitigation strategies, climate change adaptation, and comprehensive environmental monitoring, it said. Additionally, the hub seeks to advance climate solutions, foster the adoption of renewable energy sources and energy-efficient technologies. It will facilitate research in several critical areas, ..