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BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing

Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […]

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Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing

Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […]

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South Korean Hanwha Group Emphasizes On ‘Decarbonization Of Shipping’ At Davos

Vice Chairman of South Korea-based clean energy company Hanwha Group, Dong Kwan Kim, talked about the decarbonization of shipping and plans to build a zero-emission gas carrier at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Under this concept, the vessels will be run on alternative fuels which will happen for the first […]

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Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat

Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […]

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Australia’s Hydrogen & Renewable Energy Act 2023 Sees Light of Day

Both the houses of the South Australian Parliament have cleared the Hydrogen and Renewable Energy Act 2023. Some areas of the state will benefit from the Act with respect to the generation of hydrogen and renewable energy. The legislative framework of Hydrogen and Renewable Energy Act 2023 looks to introduce a ‘one window to government’ […]

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1 TW Renewable Potential in Egypt: A Game-Changer or a Distant Dream?

Egypt has the potential to produce electricity capacity of 350 gigawatts (GW) from wind energy and 650 GW from solar energy, the Minister of Electricity and Renewable Energy Mohamed Shaker suggested at the fourth edition of the round table on the green hydrogen industry in Egypt, chaired by Egypt’s Prime Minister Mostafa Madbouly. The claim […]

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NTPC Allocates India’s Largest Contract for Alkaline Electrolysers to Hild Electric

Energy conglomerate, NTPC has awarded India’s largest contract for alkaline electrolysers to Hild Electric Private Limited, a Chennai-based firm that delves into the manufacture and deployment of electrolysers. The contract will pave the path for Hild Electric to supply Alkaline electrolyser technology to NTPC Renewable Energy Limited (REL). Under the partnership, the advanced electrolyser systems […]

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Energy Trading In An Interconnected World

Matteo Mazzoni, Director of Energy Analytics, ICIS Energy markets are evolving, moving away from discrete regional or local hubs to become truly global and far more interconnected than ever before. The rise of LNG and associated infrastructure investment, for example, has seen it emerge as an analogue of more traditional natural gas hubs. Whereas previously, […]

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Sustainability & Decarbonization Leader

With  the  Increased  focus on Sustainability  &  Decarbonization in India  and globally, Emerson had added a new role as Chief Sustainability Officer. Under CSO’s leadership, Emerson has made significant strides, and we are strengthening our leadership position as our customers and suppliers work to deliver their environmental targets. The S & D industry leader will […]

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