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Energy Transition Technologies

8th India-Sweden Innovation Day ’21 to Focus on Green Tech

India and Sweden are set to celebrate the 8th Innovation Day on 26th October at 08:00-16:30 (Swedish Time) and 11:30-20:00 (Indian Time). The online event themed “Accelerating India Sweden’s Green Transition” is hosted by India Unlimited in association with the Embassy of India in Sweden, Sweden-India Business Council, and Confederation of Indian Industry (CII). India […]

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Port Anthony, CAC-H2 to Develop Cheap Carbon-negative Green H2

Australia-based Port Anthony Renewables will work with CAC-H2 to develop a waste woody biomass gasification system to produce green ammonia in Victoria. This plant will be capable of producing 3 tonnes of hydrogen per day, with the potential to increase output. Port Anthony has formed a joint venture with Singaporean gasification technology integrator CAC-H2 to establish […]

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Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä

Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […]

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SUSI Partners to Fund Canopy Power’s Renewable Microgrids

Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSI’s second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated […]

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Turkey Tenders 1.5 GW Solar Project for 5th Round of RE Auction

Turkey has invited bids for a 1.5 GW solar tender for the fifth auction round of its Yenilenebilir Enerji Kaynak Alanları (YEKA) renewable energy program, the submission of which must be done on January 12, 2022. The country’s Ministry of Energy aims to select 76 large scale PV projects with capacities ranging from 10 to 30 […]

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Phillips 66 to Cut 30% Greenhouse Gas Emissions by 2030

U.S Refiner Phillips 66 plans to reduce greenhouse gas emissions intensity from its operations and energy products by 2030, setting impactful, attainable and measurable targets for the company. The company plans to reduce Scope 1 and Scope 2 emissions intensity from operations by 30% and Scope 3 emissions intensity of its energy products by 15%, […]

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Energize Ventures Raises $330 M to Advance Sustainable Tech

Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […]

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Mercedes-Benz Buys 33% Stake in ACC Battery Project

On its path toward an all-electric future, Mercedes-Benz is taking 33% stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules, said an official statement. As announced in July 2021, Mercedes-Benz is expected to go fully electric by the end of the […]

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Off-grid Electrification Can Drive Economic Growth in Sub-Saharan Africa

Compared to other regions in the world, sub-Saharan Africa (SSA) exhibits the lowest electrification rate at 47% and the degree of urban-rural electrification inequality is also greater in the area than anywhere else. Off-grid electrification can play a vital role in extending electricity access to rural communities and improving economic resilience, finds a new report. […]

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