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fossil fuels

Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study

A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […]

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Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America

Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […]

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Apollo Tyres to Increase Renewable Power Share to 25% by 2026

More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […]

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A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales

The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […]

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Though India’s RE, EV Subsidies More Than Double in FY22, Support Low Vis-a-vis Ambition

A study entitled ‘Mapping India’s Energy Policy’ a study conducted by IISD has made significant observations about subsidies in the renewable energy and EV sector and the government support extended to these sectors by way of subsidies. The key observations are as follows: Subsidies for fossil fuels on the declining trend, but RE, EV subsidies […]

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Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project

Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […]

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IREDA Inks Rs. 4,445 Cr Loan Pact with SJVN Green Energy for 1 GW Solar Power Project

The Indian Renewable Energy Development Agency Ltd. (IREDA) has joined hands with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The agreement is worth Rs. 4,444.71 crore.  The project funded by IREDA will connect to 400/220 KV substation Bikaner-II (near Bikaner). The project […]

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