SUBSCRIBE NEWS LETTER

steel industry

High Cost, Infrastructural Issues Limit Green Hydrogen’s Role in Energy Transition: Study

Green hydrogen is recognised as a viable solution for reducing greenhouse gas emissions and transitioning away from fossil fuels for “hard-to-abate” sectors. The supply chain for hydrogen, however, is not yet fully developed. Several barriers, such as the high cost of green hydrogen compared to non-renewable alternatives and the lack of dedicated infrastructure, are still […]

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Luxembourg’s ArcelorMittal Invests $10 M in RE Tech Company Heliogen

ArcelorMittal S.A., a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City, announced yesterday its initial investment of $10 million in US renewable energy technology company Heliogen, marking the completion of the steel producer’s first XCarb™ innovation fund investment since launching the initiative in March 2021. Heliogen’s technology will harness solar energy by using a field of mirrors […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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Director (Commercial)

Director (Commercial) is a member of the Board of Directors and reports to the Chairman. He/She is in-charge of marketing strategies including product-mix, sales/product promotion, distribution network, logistics, warehousing, pricing, sales, after sales service, key customer relationship etc. for meeting the competitive goals and financial results of the company. He/She is also responsible for implementation […]

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IESA Partners With Greenstat Hydrogen to Support India’s Hydrogen Mission

IESA and Greenstat Hydrogen India have partnered for a period of two years to accelerate the hydrogen technology development in India. India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and Greenstat Hydrogen India, a Norwegian energy organization, recently signed a Memorandum of Understanding for a period of two years to […]

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Rio Tinto to Invest $1 Billion to Meet new Climate Change Targets

Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets Rio Tinto has announced plans to invest around USD 1 billion over the next five years to support the delivery of its new climate change targets and a company […]

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Waaree Energies Installs 14 Solar Power Centres in West Bengal

Waaree Energies, an Indian solar PV manufacturer with a capacity of 1.5 GW, has set up 14 solar power centers in West Bengal. The main objective of these centers, spread over 14 districts, is to make inroads into solar projects segment. Waaree Energies, the Indian arm of global renewable major Waaree Group, is also one […]

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ArcelorMittal to Construct 500 – 600MW Solar Plant in India

ArcelorMittal aims to establish 500 – 600MW solar power plant in Karnataka -India instead of the Steel Mill. The company spokeswoman said that, ‘In view of current market conditions in the global steel industry and uncertainty in raw material availability, ArcelorMittal would like to utilize the acquired land in Karnataka for a meaningful purpose of […]

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India Sees Second Largest Rise In Energy Demand Globally: IEA

A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […]

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