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Green Energy

Norway Searching for Green Hydrogen Avenues in India: Greenstat

Vegard Frihammer, founder and CEO of Greenstat Norway – a leading player in Renewable Energy – has held that Norway is searching for opportunities in the green hydrogen segment in India. The Greenstat CEO says that the company needs a market like India where collaboration in green hydrogen is possible. The Norwegian company has established […]

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Chandigarh jail goes green with 350 kWp rooftop solar plant

To commemorate World Earth Day, the current year’s theme being “Invest in our Planet”, another green energy initiative has been undertaken by the department of science and technology and renewable energy, Chandigarh. A 350 kWp Rooftop SPV Power Plant at Model Jail Complex, Sector 51, Chandigarh was inaugurated by UT adviser Dharam Pal in the […]

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Eolian Gets $925 Million Renewable Energy Financing

Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […]

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Atul Greentech Partners with Honda and Valeo to Make Electric Vehicles

Gujarat based Indian electric vehicle player Atul Greentech Private Limited (AGPL) has announced that the company has collaborated with Honda Power Pack Energy India Private Limited and Valeo to develop electric vehicles in India that will feature battery swapping solutions. Atul Greentech is a subsidiary of Atul Auto Limited, which has specialised in three wheeler […]

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Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden

A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […]

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European Commission Ponders Hiking Renewable Energy Target To 45% By 2030

The Ukraine-Russia conflict, and the vagaries of climate change might just have nudged the European Commission when it comes to its renewable energy targets. The European Commission is analyzing if the Union can achieve a higher aim of having 45% of its energy coming from renewable sources by 2030. Currently the European Commission has proposed […]

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4000 MW Renewable Energy Project for NEOM to Come Up Near Jordan Border

The renewable energy projects that are being planned by Saudi Arabia to supply electricity to the green hydrogen based ammonia plant in the city of NEOM appear to have been disclosed. As per media reports, the renewable energy projects will be located in the North-West region of Saudi Arabia. It will be developed near the […]

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Green H2 firm Ohmium closes $45 M Series B financing

US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […]

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Clean energy spending has jumped 50% to record levels since Oct end: IEA

Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […]

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