Indian Oil – Phinergy JV Formed to Boost India’s Green Mobility Aspirations Updated On Fri, Mar 19th, 2021 by Saurenergy Indian Oil – Phinergy JV to manufacture Aluminium-Air systems and indigenous hydrogen storage solutions for promoting green mobility in India The Indian Oil Corporation (Indian Oil) has announced that it has established a Joint Venture (JV) with Israeli start-up company Phinergy which specialises in hybrid lithium-ion and aluminium-air/zinc-air battery systems. The IOC Phinergy Private Limited […] Read more
IIT Brings Prototype to Use Hydrogen Fuel With Ease and Safety Updated On Wed, Mar 17th, 2021 by Saurenergy IIT (BHU) professor Dr. Rajesh Kumar Upadhyay has come up with a membrane reformer prototype for producing ultra-pure hydrogen from methanol. IIT (BHU) professor Dr. Rajesh Kumar Upadhyay, department of chemical engineering and technology, and his team have come up with a membrane reformer prototype that can produce ultra-pure hydrogen from methanol. The team informed […] Read more
Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report Updated On Thu, Mar 11th, 2021 by Saurenergy An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […] Read more
Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
The Hydrogen Roadmap to 2030. Updated On Tue, Mar 2nd, 2021 by Saurenergy Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […] Read more
Bright future of Hydrogen Fuel Cells in India Updated On Sat, Feb 27th, 2021 by Saurenergy Road transport today is responsible for a significant and growing share of global anthropogenic emissions of CO2. Moreover, it is almost entirely dependent on oil-derived fuels and therefore highly vulnerable to possible oil price shocks and supply disruptions. Improving road transport requires all these issues to be addressed. Introducing alternative transport fuels and vehicles will […] Read more
SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy Updated On Sat, Feb 27th, 2021 by Saurenergy Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […] Read more
Hydrogen Rolling With $300 Billion Commitment To Projects by 2030 Updated On Mon, Feb 22nd, 2021 by Saurenergy The Hydrogen Council, a global CEO-led initiative of 92 leading energy, transport, industry, and investment companies with a vision to develop the hydrogen economy has released a report titled, ‘Hydrogen Insights 2021: A Perspective on Hydrogen Investment, Deployment, and Cost Competitiveness’. The report, made by Mckinsey and Co, highlights the rapid acceleration of hydrogen projects […] Read more
HyDeal Coalition to use 95 GW Solar to Bring Hydrogen to $2/Kg by 2030 Updated On Wed, Feb 17th, 2021 by Saurenergy European firms, with tacit support from their governments, continue to move ahead with plans to grab leadership in the green hydrogen space before the end of this decade. These plans, which were accelerated after the corona pandemic ravaged economies, effectively seek to push both renewable energy (solar) to supply the energy needed, and technology sharing, […] Read more