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POSCO Holdings, GS Energy In Tie-Up To Recycle Secondary Batteries

POSCO Holdings has announced that it has signed an agreement for the establishment of a secondary battery recycling joint venture with GS Energy called ‘POSCO-GS Eco Materials.’ The official statement held that the agreement was signed on October 6. POSCO Holdings signed a joint venture agreement with GS Energy to establish a new company, POSCO-GS […]

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ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments

ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […]

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Canada, Germany All Set To Ink New Hydrogen Deal

Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […]

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The Success Determinants For Future In Electricity Sector With Low Carbon Emissions

A report on the ‘success determinants for a future in the electricity sector with low carbon emissions’ has been released by Deloitte. In the study, Deloitte has emphasized how renewable energy sources are anticipated to provide 95% of the net increase in the world’s power capacity between now and 2025. This development is brought about […]

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Indian Oil, NTPC Form JV For 650 MW RE

India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […]

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Pipeline Infrastructure And DNV Collaborate To Integrate Hydrogen In India

Norway-based independent energy expert and assurance provider, DNV has announced its collaboration with gas transportation company Pipeline Infrastructure Limited (PIL). Through this partnership, DNV will offer technical guidance and assistance to Pipeline Infrastructure Limited (PIL) regarding the integration of blended H2O into its gas trunkline assets in India, which include transmission pipelines, interconnects, spur lines, […]

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Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr

The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […]

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Karnataka Looks At A Hydrogen Cluster In Mangaluru

Karnataka recently signed two major projects about hydrogen production. ACME Cleantech Solutions Private Limited and ReNew Power have each signed to invest ₹52,000 crores and ₹50,000 crore in the state over the last one month, in MoU’s signed at Davos. Sharing the vision of the state government, Gunjan Krishna, commissioner for industrial development and director, […]

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Egypt allocates 5,200 sq km area for renewable energy development

Just after the government official in Egypt revealed that the country will be producing some 10,000 MW of renewable energy next year, the New and Renewable Energy Authority (NREA) has now said that 5,200 square kilometer (sqkm) were allocated to establish renewable energy projects at different locations. The areas being allocated are meant for investments […]

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