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Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch

Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […]

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CEEW-NRDC-SCGJ Study Highlights 1 Million Jobs Potential For RE Sector In India

India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh (110,000) employed by the sector, according to an independent study released today by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and […]

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Reliance Announces Rs 5.955 lakh Crore Renewable Energy Plans For Gujarat

Reliance Industries Limited (RIL), the $73.8 billion conglomerate with profits over $10.9 billion in 2021 has announced a massive plan to invest in its key manufacturing base and state, Gujarat. In a stock exchange filing today (Jan 13), the firm confirmed an MoU signed at the Vibrant Gujarat Summit 2022 with the Government of Gujarat, […]

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ANIL To Lead Adani Group’s Renewable Energy Shift

The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […]

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Aussie Firm, German Co. to Jointly Assess Green H2’s Use in Lithium Gen

Australia’s Infinity Lithium Corp Ltd said on Monday it will collaborate with a unit of Germany’s thyssenkrupp AG to explore the use of green hydrogen in producing lithium. The collaboration comes as lithium, an essential component of electric vehicles (EVs), is becoming an increasingly important metal, with EV demand surging globally as countries race to […]

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Decoding The Reliance Gambit In Renewable Energy

It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […]

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IIT Guwahati Working on Cost-efficient Solar-run H2 generators

Indian Institute of Technology-Guwahati (IIT) researchers are developing cost-efficient materials to generate energy-rich hydrogen from water using sunlight leading to cost-effective solar-powered hydrogen generators. Pursuant of worldwide efforts in developing clean and renewable energy, the IIT-G researchers are developing novel materials that can use sunlight to split water into hydrogen and oxygen, said a release […]

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Reliance In Deal With Stiesdal To Develop And Manufacture Electrolysers

Continuing with its slew of deal making this week, Reliance New Energy Solar (RNESL), a subsidiary of Reliance Industries has announced a partnership with Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers. These are the final, critical part of the chain to produce green hydrogen, with energy for the electrolysers coming from renewable […]

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Phillips 66 to Cut 30% Greenhouse Gas Emissions by 2030

U.S Refiner Phillips 66 plans to reduce greenhouse gas emissions intensity from its operations and energy products by 2030, setting impactful, attainable and measurable targets for the company. The company plans to reduce Scope 1 and Scope 2 emissions intensity from operations by 30% and Scope 3 emissions intensity of its energy products by 15%, […]

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