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fossil fuels

White House Backs Plan for Renewable Energy Industry Tax Partnerships

The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to recent reports in the media. The expansion would allow the renewable energy industry – […]

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Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025

Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a  $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […]

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New-build Properties in UK to Feature EV Chargers

EV chargers will be built into all new homes and offices under new legislation that the British government aims to introduce this year. The legislation, revealed last week by the Transport Minister Rachel Maclean, will require all new-build properties to feature “smart” charging devices that can automatically charge vehicles during off-peak periods. New office blocks […]

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RWE, Shell, Gasunie, Equinor to Build German Offshore Hydrogen Park

Germany-based RWE, Royal Dutch Shell, Norway-based Equinor and Dutch gas network company Gasunie are planning to together build a 300-MW electrolyser in the German North Sea to produce green hydrogen from offshore wind. The project partners have signed a letter of intent to collaborate on the AquaSector project –  a large-scale German offshore hydrogen park. […]

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Norway Allocates $1.2 bn for RE Projects in Developing Nations

The Norwegian government has announced the allocation of $1.16 billion over five years for a new fund that will invest in renewable energy in developing countries with the aim of reducing greenhouse gas emissions. Speaking about the new fund, Minister of International Development Dag-Inge Ulstein said, “It is part of the solution to some of […]

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Methane Could be a Greater Source of Power In US

Natural gas is an important source of power in the United States. An estimated 300,000 miles of pipeline transport natural gas across the country, while thousands of gathering, processing, and storage facilities prepare and store the gas for end users. One of the natural gases, Methane (CH4) is studied and proven to be 80 times […]

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Clean Energy Investment in Developing Economies a Global Priority: IEA

New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […]

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Solar-Driven Green Hydrogen Plant Commissioned in MbRAM Solar Park in Dubai

A solar-driven Green Hydrogen project has been inaugurated at the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park in Dubai. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, recently inaugurated a Green Hydrogen project at the Mohammed bin Rashid Al Maktoum […]

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Praj Industries Brings New Biotechnology by Producing “Bio-bitumen”

One of India’s proficient biotechnology firms, Praj Industries today announced that it has achieved a milestone in innovation technologies by producing a Bio-bitumen based on lignin. As per the firm’s claim, Praj’s Bio-bitumen samples processed from purified Lignin, as a part of their flagship CHAPLIN program, have been approved by the Netherlands-based Circular Biobased Delta […]

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