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NTPC Investor Presentation Q1 FY21: focus on Renewables, Sustainability

At the 17th Annual Analysts and Investors Meet of NTPC Limited, the Indian electric utility highlighted its key achievements in FY21 in driving the adoption of green energy, particlulary solar power in the country. The company stated that it had incorporated NTPC Renewable Energy Limited, a new subsidiary for RE business, in FY21. It has won 1,885 […]

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Repsol-Enagas Renewable H2 Project Gets EC’s Financial Backing

Spanish energy companies Repsol and Enagas have received the European Commission’s financial support to execute their joint renewable hydrogen production project from photoelectrocatalysis in their Puertollano Industrial Complex. An operational pilot plant is already in production at the Repsol Technology Lab research center, located in Móstoles, Spain. The project combines technology, decarbonization and circular economy, creation […]

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PV-driven Microbial Foods Can Produce Sustainable Agriculture: Study

A group of researchers has demonstrated that using solar energy to produce nutrient-rich microbes can have the twin benefits of increasing food production in an environmentally sustainable way. Scientists at the Göttingen University in Germany examined large-scale production of microbial biomass by combining ground-mounted photovoltaics, air, water, and nutrients. Their findings were published in the paper […]

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AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050

The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […]

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$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

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Shell to Fully Acquire US Green Firm Inspire Energy Capital

Shell New Energies US LLC has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. Shell New Energies, a subsidiary of oil major Royal Dutch Shell plc, focuses on two main areas: new fuels […]

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John Cockerill to Supply Thermal Receivers to Redstone CSP Plant in SA

John Cockerill, a Belgium-based engineering company, has revealed that it will supply molten salt solar thermal receivers to Redstone’s 100 MW Concentrated Solar Power Plant (CSP) in the Northern Cape Province of South Africa. Developed by Saudi Arabia-based ACWA Power and constructed by EPC SepcoIII, the Redstone CSP plant is expected to supply 2,00,000 households […]

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Equinor, RES & Green Giraffe Partners for Floating Offshore Wind in France

Equinor, RES, and Green Giraffe join forces and form Océole, a partnership dedicated to developing floating offshore wind in France.  Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government. Establishing this partnership is in line with the three companies’ ambition of delivering high-performance floating offshore […]

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RWE Builds Hydropower Coupled 117MW Battery Storage Systems in Germany

Essen-headquartered German multinational energy company, RWE has announced the construction of one of the largest and most innovative battery energy storage systems (BESS) in Germany. The BESS is coupled with the existing run-of-river hydroelectric power plants. The battery systems will be spread across two locations, as the company said that it will install a total […]

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