Ambani is Ready to Take on Adani in Green Energy
The oil-to-telecom giant, led by Mukesh Ambani, has announced plans to invest heavily in solar energy manufacturing and generation, as outlined in its annual report.
Major Truckmakers Moving Towards Hydrogen Combustion Engines
This move represents a swift, cost-effective strategy in their energy transition efforts, potentially revitalizing the ageing technology.
Saudi Aramco Acquires 50% stake in Blue Hydrogen Producer
BHIG, based in Jubail, eastern Saudi Arabia, is a subsidiary of Air Products Qudra (APQ), a joint venture between American industrial gas giant Air Products and Saudi corporation Qudra Energy.
JSW Neo Energy Inks PPAs for 1.3 GW Renewables
The wind PPA boasts a competitive blended tariff of ₹3.62 per KWh and a 25-year term.
Offshore Wind Capacity of 410 GW to be Installed Over the Next 10 Years
GWEC’s report pinpoints a significant acceleration in offshore wind installations towards the end of the decade, with two-thirds of the projected capacity coming online between 2029 and 2033.
Volvo Revs Up for Hydrogen Trucks: Trials Begin in 2026
These trucks utilize High Pressure Direct Injection (HPDI) technology. A small amount of ignition fuel, potentially renewable hydrotreated vegetable oil (HVO), is used to start the engine before switching to hydrogen.
Renewables Power 30% of Global Electricity, Says Ember
Ember’s findings show a significant increase in renewable energy generation in 2023, up from 29.4% the previous year. This growth is attributed primarily to a rise in solar power projects, which significantly boosted overall renewable capacity.
Clean Energy Accounts for 71% of New Capacity in India
Renewable energy (RE) sources like solar and wind contributed a staggering 71% of the 26 GW of new power generation capacity added during the year.
Serentica, Indian Oil to Invest Heavily in Renewables
In a significant move, Indian Oil Corporation (IOCL), the country’s largest refiner, announced a Rs 5,215 crore investment to build a 1 gigawatt (GW) renewable energy capacity.
Middle East Doubles Renewable Energy Capacity: Iran and UAE Lead
The region’s capacity has increased from just under 16 gigawatts in 2014 to over 35 gigawatts by 2023, with Iran and the UAE taking prominent roles in this green energy expansion.