Baseload Capital Raises $24 Million to Bolster Geothermal Energy
Baseload Capital, a Swedish climate investment fund, has raised $24 million to invest in geothermal energy. With a credit facility of $25 million secured from London-based Sustainable Development Capital in ...
Deadline for Coal-Based Power Plants to Meet Emission Standards Extended Again
The Ministry of Environment, Forest, and Climate Change (MoEFCC) has once again extended the deadline for coal-based power plants to install pollution control technology and meet emission standards. The deadline ...
Co-firing of Biomass in 35 Thermal Power Plants Cuts Carbon Emissions by 100,000 Tons
Biomass co-firing in 35 thermal power plants across India has reduced CO2 emissions by 100,000 tons, according to the Ministry of Power. About 80,525 tons of biomass has been co-fired ...
Indian Researchers Develop a Method to Extract Green Hydrogen from Biomass
A research team from the Indian Institute of Science, Bengaluru, has found a way to extract green hydrogen from biomass, a renewable energy source. India uses nearly 5 million tons ...
Consultancy Tender Issued for Installing a Green Ecosystem in West Bengal
Durgapur Projects (DPL) has issued a notice inviting tender for consultants to undertake a feasibility study and prepare a detailed project report to install a green ecosystem. The ecosystem will ...
Government Invokes Emergency Provisions to Tide Over Coal Shortages in Power Plants
Faced with a severe coal shortage at coal-based thermal power plants leading to load shedding in many areas across India, the Ministry of Power has directed all imported coal-based power ...
Aker Horizons, Statkraft to Jointly Produce Green Hydrogen in India and Brazil
Aker Clean Hydrogen, integrated hydrogen, ammonia, and methanol producer and a portfolio company of Aker Horizons, is collaborating with renewable energy developers Statkraft and SOWITEC to explore opportunities to produce ...
Indian Scientists Produce Clean H2 With Carbon Capture Efficiency of 99.58%
A group of scientists from CSIR-Indian Institute of Chemical Technology (CSIR-IICT), Hyderabad, have designed a hybrid material to simulate capturing carbon dioxide in-situ (onsite) and converting it into clean hydrogen ...
Indian Scientists Discover Special Types of Nanoparticles That Can Capture CO2
A group of scientists at the Indian Institute of Science Education and Research (IISER), Kolkata, with the support from the government of India’s Department of Science & Technology (DST), under ...
Hydrogen Solutions Provider Plug Power Reports Net Revenue of $162 Million in Q4 2021
U.S.-based Plug Power, a provider of green hydrogen and fuel cell solutions, has announced the results for the fourth quarter (Q4) of the calendar year (CY) 2021. The company reported ...
Global Investment in Energy Transition Reached $755 Billion in 2021: Report
Global investment in the energy transition reached a record of $755 billion in 2021, BloombergNEF (BNEF) has said in its recent report. The investments are driven by rising climate ambition and policy ...
Carbon Credits Supplier EKI Energy Posts Revenue of ₹13.25 Billion in 9M FY 2022
EKI Energy Sevices, a supplier of carbon credits, announced its results for the nine months (9M) and the third quarter (Q3) ending December 31 for the financial year (FY) 2021-22 ...
California Allocates $6.1 Billion in its Budget for Zero-Emission Vehicles
In the state's budget for the financial year 2022-23, California Governor Gavin Newsom allocated $6.1 billion towards zero-emission vehicle (ZEV) acceleration. The investment would include a General Fund of $3.5 ...
Steel Prices in China Easing on Weaker Demand After Steep Hike in September
Steel prices in China are returning to normal after a steep spike in September, which saw prices reach a high of almost CNY 6,000 (~$939)/ton, according to a report by ...
Ample Coal Available to Meet the Demand of Power Plants, Assures Power Ministry
Coal India has ample coal available to meet the demand of power plants, and any fear of power supply disruptions is ‘entirely misplaced,’ the Ministry of Power has announced in ...
Status of Retrofitting Pollution Control Systems in Thermal Plants
Ministry of Environment Forest and Climate Change (MoEFCC) has stipulated that all coal-fired power generating units need to reduce harmful sulfurous gas emissions by retrofitting necessary pollution control equipment. The ...
Generator’s Tariff Approval Request for a 25 MW Geothermal Project Rejected
The Telangana State Electricity Regulatory Commission (TSERC), in a recent order, rejected a geothermal generator's plea for tariff approval to supply electricity from a 25 MW geothermal project stating it ...
Renewable Cost Drop Leaves 80% Coal Plants Uneconomical in the US: Report
A new report titled the 'Coal Cost Crossover 2.0' published by energy and climate policy firm Energy Innovation has noted that 80% of the coal-fired power plants in the United ...
NTPC’s 520 MW Hydropower Project Damaged in Glacier Burst and Floods
A glacial lake burst led to a rise in water levels in the river Rishiganga in Uttarakhand, damaging part of NTPC's 520 MW Tapovan Vishnugad hydropower project which was under ...
Europe to Lead the Way in Green Energy Transition, Says MIT Report
The MIT Technology Review, in association with Citrix, Morgan Stanley, and Salesforce, has come out with a new report named the 'Green Future Index' that has ranked 76 countries on ...
Investing in Climate Adaptation Would be a Sound Economic Decision: UN Report
The UN Environment Programme (UNEP) has released a report that says nations must boost their efforts to adapt to the changing climate scenario to avoid dire consequences in the future ...
West Bengal Tops List of States Buying ‘Dirty’ Coal-Based Power
West Bengal tops the list of states buying 'dirty' coal power, according to the latest coal power procurement assessment conducted by the Centre of Science and Environment (CSE). The assessment ...
Government Announces Financial Sops to Boost Ethanol Production
The Department of Food & Public Distribution (DoFPD) has announced that it would extend financial assistance to project proponents to enhance their ethanol distillation capacity. The move is in line ...
Siemens Energy to Stop Support for Development of New Coal-Fired Projects
Germany's Siemens Energy has announced that it will discontinue support for new coal-fired power projects. However, the company will continue to offer new technologies like gas-fired projects and components for ...
CERC Asks Power Ministry to Stay Out of its Regulatory Jurisdiction for Electricity Act
The Central Electricity Regulatory Commission (CERC) has issued an advisory for the recent draft rules proposed by the Ministry of Power (MoP), asking it to work in harmony by honoring ...
