Stanford scientists have devised a way to generate hydrogen fuel from seawater using solar power, an advance that may help pave the way for a novel sustainable source of energy. The findings, published in the journal Proceedings of the National Academy of Sciences, demonstrate a new way of separating hydrogen and oxygen gas from salt […]
Gridco aims to buy 550 MW renewable power from SECI in FY20
Will source around 300 Mw of solar and 250 Mw wind power to meet the RPO renewable purchase obligation Odisha’s bulk power buyer cum trader Gridco aims to procure 550 Mw of solar and wind power through Solar Electrification Corporation of India (SECI) auctions in 2019-20. “The bulk power purchaser will get around 300 Mw […]
Next goal 24/7 power for all; agri exempted from round the clock supply
According to the union power ministry states electrified 25 million households under Saubhagya in 17 months Union minister of state for power R K Singh on Tuesday said the country was on path to achieve 100% household electrification by March 31, 2019 and the next goal would be for 24/7 power for all households. The […]
PTC Financial Services partners UKCI, DFID for India’s first green fund
PFS separately raised a loan of Rs 1,000 crore from SBI for a 10-year tenure, linked to the marginal cost of funds-based lending rate PTC Financial Services (PFS) is setting up India’s first infrastructure development debt fund, solely for renewable energy projects, in partnership with UK Climate Investments LLP (UKCI) and Department for International Development (DFID), UK. The company […]
Expensive lithium-ion batteries put the brakes on India’s EV plans
Their actual business success will largely depend on how quickly the lithium-ion batteries become more efficient In the absence of a policy, which is still in the drawing board, it is highly unlikely that the share of electric cars and two-wheelers here will rise to government’s targeted 30 per cent of total vehicle sales in […]
First Bio-Fuel Refinery to be set up in Assam by 2021
GUWAHATI: Prime Minister Narendra Modi is set to inaugurate India’s first bio-fuel refinery – Assam Bio-Refinery Private Limited – in the state on February 9. The Prime Minister will digitally lay the foundation stone of the project on February 9 at a programme. Further, this will be the first-of-its-kind bio-refinery in the northeastern region which […]
Electric vehicles not to be a gamechanger for global oil demand: BP
The global energy major’s statement comes at a time when India is planning to cut its crude imports by 10 per cent by 2022 Despite a huge push for domestic crude oil production, India is going to be mainly import- dependent at least till 2040 with demand set to increase from 4 million barrels per […]