Hydrogen is regarded by many experts as the clean energy of the future The need to fight global emissions is key to the “circular carbon economy” championed by Saudi Arabia as a way to achieve climate change goals DUBAI: Saudi Arabia is offering to transport “green” hydrogen by pipeline to Europe in the next stage […]
Royal Dutch Shell in Germany seeks to speed up drive to go green
The energy major told an online conference on Friday it had applied for subsidies to carry out the work from the European Union and from German funds earmarked for decarbonisation. FRANKFURT: Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale […]
WoodMac on Green Hydrogen: It’s Going To Happen Faster Than Anyone Expects
Public and private commitments are catalyzing green hydrogen through its early development. Green hydrogen is expected to fall down the cost curve even faster than wind, solar and lithium-ion. The question is will the demand be in place? Green hydrogen is set to play a substantive role in the overall energy mix with its development […]
Continuum Wind Energy to raise $560 m in green bond sale
Morgan Stanley-controlled Continuum Wind Energy is in international markets with a USD 560-million dollar-denominated green bond issue, according to two merchant banking sources. The city-based green energy player that began operations in June 2009 has grown through a string of acquisitions of wind and solar assets, and currently has a portfolio of about 2 gw, […]
DoE clears six firms to serve customers who opt for ‘green’ energy
SIX suppliers of renewable energy, including entities led by Aboitiz and Ayala businesses, have been granted permits to participate in the country’s “green energy option” program, giving them the lead in offering electricity to consumers who prefer cleaner power sources. On Wednesday, the Department of Energy (DoE) posted on its website the names of the […]
Cost of ‘green’ hydrogen to fall by over 50% by 2030: TERI report
The report said hydrogen needs to be targeted in sectors where direct electrification is not possible. New Delhi : The cost of “green” hydrogen will reduce by more than 50 per cent by 2030 and it will start competing with hydrogen from fossil fuels, The Energy and Resources Institute (TERI) said in a report released […]
A pathway to green recovery: repair, reuse and refurbish solar systems
Without solar energy, many unelectrified (off-grid) parts of sub-Saharan Africa and South Asia are unable to generate light and power for working, studying and cooking. Access to affordable, reliable and safe solar systems improves the lives of individuals, but what happens when these break down and vital appliances stop working? Currently, manufacturers of electronic equipment […]
IEX expands Green Market – introduces new contracts to enable renewable energy trade on the same day and up to 11 days ahead
~The two newly introduced green contracts, Daily and Weekly, are in addition to already operational Intra-day and Day-Ahead Contingency (DAC) contracts in the Green Market ~ ~Within 102 days of commencement, Green Market has traded 459 MU volume comprising 404 MU traded in Solar and 55 MU traded in Non-Solar segments~ New Delhi: The Indian […]
Apple’s Climate Promise Depends on Taiwan Partners Going Green
Apple Inc. has gone carbon neutral. But in order to say the same for its flagship iPhone, it’s going to need help from Taiwan. More than three-quarters of the emissions that come from making Apple’s ubiquitous products come from outside suppliers, according to the company’s Environmental Progress Report. That includes Taiwanese electronics giants like TSMC […]
BP to invest $70 million in India’s Green Growth Equity Fund
With this BP would become a limited partner in the equity fund, have representation on its advisory committee, and also the rights to co-invest in projects alongside GGEF New Delhi: BP, UK-based oil and gas firm, on Tuesday said it is set to invest $70 million in India’s Green Growth Equity Fund (GGEF) with an […]