Russia’s invasion of Ukraine has prompted the International Energy Agency to reduce the share of fossil fuels in the global energy mix scenarios in its World Energy Outlook. High prices of fossil fuels are not only a big driver for their early phasing out, but also for accelerating the move to cheap clean energy alternatives. […]
UAE AND US TO SPUR $100 BLN IN CLEAN ENERGY PROJECTS – EQ Mag Pro
The United Arab Emirates and the United States have signed a partnership to spur $100 billion of investments in clean energy projects and add 100 gigawatts of clean energy globally by 2035, state news agency WAM reported on Tuesday. “Together, we will spur large-scale investment in new energy technologies, in our own countries, around the […]
FM asks AIIB to scale up investments in clean energy, infrastructure – EQ Mag Pro
India on Wednesday asked Beijing-based multilateral lending agency AIIB to scale up investments in priority areas like clean energy and infrastructure sector with a special focus on education and health. Addressing the annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), Finance Minister Nirmala Sitharaman said India has embarked on […]
Tata Power mulls 10,000 MW clean energy capacity in Rajasthan – EQ Mag Pro
Participating in the ongoing Invest Rajasthan summit in Jaipur, it stated that it plans to develop up to 8,000 MW of utility scale projects, 1,000 MW of solar rooftop and 1,50,000 solar pumps in next five years in the state. NEW DELHI: Tata Power on Friday announced its plans to develop around 10,000 MW of […]
Despite turbulence in energy markets, India, U.S. determined to transition to clean energy: Hardeep Singh Puri – EQ Mag Pro
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said that there is a huge potential of India-U.S. collaboration in the energy sector The resolve of India and the U.S. to transition to “green, clean and sustainable energy” would not be diminished by the turbulence in energy markets, India’s Petroleum and Natural Gas minister […]
Hydrogen Supply – EQ Mag Pro
Hydrogen as a clean energy vector still has significant progress to make to get on track with the Net Zero Emissions by 2050 Scenario. In 2021 hydrogen demand was almost entirely met by unabated fossil fuel-based hydrogen. The production of low-emission hydrogen was around 0.6 Mt in 2021 (less than 1% of global hydrogen production). But […]
Nxtra by Airtel to become the First Data Center Company in India to install Fuel Cell Technology to provide Clean Energy – EQ Mag Pro
The hydrogen-ready fuel cell unit will supply much cleaner energy to Nxtra’s data center in the state of Karnataka and lead to significant reduction in carbon emissions. New Delhi : Bharti Airtel (“Airtel”) today announced that its subsidiary Nxtra Data Limited (“Nxtra”) has partnered with Bloom Energy to deploy low environmental impact fuel cell installation […]
US envoy says Russian invasion speeds shift to clean energy – EQ Mag Pro
Russia’s invasion of Ukraine will accelerate the world’s shift to renewable energy because of price shocks in oil and gas, a U.S. climate envoy said Thursday. U.S. Deputy Special Envoy for Climate Rick Duke was speaking at an Australian National University forum after meetings with Australian government officials on bilateral cooperation in transitioning to net-zero […]
Factbox: U.S. climate deal has money for EVs, clean energy and even Big Oil – EQ Mag Pro
After years of failed attempts to pass major legislation to combat climate change, the U.S. Senate’s Inflation Reduction Act is poised to become largest U.S. climate legislation in history. The bill would divert nearly $370 billion to climate and energy security measures, aimed at slashing greenhouse gas emissions around 40% by 2030 and curbing consumer […]
GAIL to double share capital; add specialty chemicals, clean energy to business – EQ Mag Pro
GAIL plans to raise finance for expansion plans over the next 3-4 years GAIL (India) Ltd wants to double its share capital as well as add specialty chemicals and clean energy to its line of business as it looks to diversify business beyond natural gas transmission and distribution. GAIL has sought shareholder approval to increase […]