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natural gas

UNESCO and GECF sign Landmark Cooperation Agreement

Marking a victory for science and education, United Nations Educational, Scientific and Cultural Organisation (UNESCO) and the Gas Exporting Countries Forum (GECF) today signed a Memorandum of Understanding (MoU) to bring the benefits of collaboration to the world at large. The agreement, taking stock of two years of cooperation, was signed by HE Shamila Nair-Bedouelle, […]

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Investment in Green Hydrogen to Exceed USD 1 Billion by 2023: IHS Markit

According to the Information Handling Service Markit (IHS), London, the Annual global investments in Green Hydrogen (hydrogen production powered by renewable sources) are now expected to exceed USD 1billion by 2023. IHS released news on 3rd December 2020 stating that the increased investment is possibly connected to the falling costs and policy support from governments, […]

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India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi

In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […]

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UK Funding Approval for Exploring Space Based Solar Power

Solar power in space, which has played such a key role in powering satellites so far, is now in the spotlight for generating energy on Earth too.  Taking the help of massive solar powered satellites for the collection of solar energy, the UK government  has commissioned fresh research into the feasibility of space-based solar power […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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GECF Ministerial Meeting and associated events to be held virtually

The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic. The 22nd Ministerial Meeting will discuss the current issues related to the gas […]

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Capstone Infrastructure Corporation Announces Claresholm Solar Project Financing

Capstone Infrastructure Corporation has announced a Claresholm Solar Project financing update. On July 9, 2020, Claresholm signed a credit agreement with ATB Financial, Fiera Infrastructure Private Debt Fund LP and Telus Pensions Liability Hedging Master Trust to provide up to $115 million of construction to term financing for the 132 MWac Claresholm Solar Project, located in […]

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Snam Enters Indian Market With Hydrogen Agreements With Adani and Greenko

Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the hydrogen value chain with Adani and Greenko. Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the energy transition, particularly in hydrogen and low-carbon mobility with perhaps […]

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Adani Power Posts 126% Growth in EBITDA for Q2 2020

Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […]

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