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SaurEnergy Explains – CCS and CCUS: Promise or Pipe Dream in the Oil and Gas Industry?

Oil and gas companies have been leaders in CCUS (Carbon Capture, Utilisation & Storage) development. They operate five of the eight dedicated CO2 storage projects in operation and most of the existing CO2 pipelines. It’s marketed that the practice of capturing and storing carbon dioxide, rather than tackling the causes of the emissions themselves, could […]

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IEX Reports 8% Rise In Net Profit In Q1 On YoY

The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis.  The unaudited […]

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Sunsure Energy Establishes Three Solar Power Plants for Dalmia Bharat Cement

Independent Power Producer Sunsure Energy has set up three solar power projects for cement manufacturer Dalmia Bharat Cement to help power up the cement major’s operations. The solar power projects are for a cumulative capacity of 23.74 MW. The said projects entail a 17.5 MW capacity solar power project in Cuttack, Odisha. The project will […]

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EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant

The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring  innovative technologies to the market. The grants are from […]

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From Potential to Progress: What Does Africa Renewable Energy Journey Look Like?

With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […]

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Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit

Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […]

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