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NMDC Looking To Invest In Renewable Energy Sources

Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […]

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Finland Begins Operation On World’s First Large Scale Sand Battery

Finland has kickstarted operations on world’s first commercial large scale sand-based thermal energy storage system. The battery has been innovated by Polar Night Energy and operated by energy utility in West Finland, Vatajankoski. The dimensions of the steel container are 4×7 metre, which can hold hundreds of tonnes of sand. This sand is further heated […]

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US Launches $8 Billion Regional Clean Hydrogen Hub Programme

The US Department of Energy (DOE) has announced through a Notice of Intent (NOI) that it will fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. According to the official statement of the department, H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to […]

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Gautam Adani Cautions Against The ‘One sidedness’ Of Davos

Gautam Adani, Chairman of the Adani Group, in a note posted on Linkedin, has cautioned against what he saw the one sidedness that has dominated global events ever since the pandemic in 2020. “Climate change, followed by the Covid pandemic, followed by global supply chain disruptions, then the ongoing war in Ukraine, followed by levels […]

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Topsoe Unveils Plans To Build World’s Largest Electrolyser Plant

Denmark based decarbonization major Topsoe is going to build in Herning the world’s most advanced electrolyser production plant in order to meet society’s need for Power-to-X solutions. In this field, the company has the leading technology to decarbonize hard-to-abate sectors such as transport, chemicals, steel, and cement. A statement released by the company mentioned that […]

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These Four European Countries Have Set a 150 GW Offshore Wind Target

Germany, Belgium, the Netherlands and Denmark signed an agreement in Esbjerg on 18 May to produce offshore wind energy and green hydrogen equivalent to 65 GW by 2030 and 150 GW by 2050. Declaring their intention of becoming the Green Power Plant of Europe, the joint agreement aims for a tenfold increase in offshore wind […]

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The Top 5: The Net Zero Commitments of Mining Firms & The Opportunity For Renewable Energy

A mining company can never walk away from environmental damage and pollution. With the sentiments now focused on bringing down the emissions to achieve net-zero carbon emission targets, the top miners have also set their emission reduction goals. This article lists down the net-zero targets and measures by top mining companies based on their market […]

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India could become carbon neutral before its 2070 goal: IRENA chief

India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […]

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