Gas price volatility raises questions on its suitability as a bridging fuel: IEEFA
Ongoing changes in global gas demand and supply structures due to geopolitical disturbances and resultant volatility have eroded any economic advantage provided by the fossil fuel.
AM Green acquires Finnish biorefining company, to invest $1 billion for sustainable aviation fuel production
AM Green has acquired Finland based biorefining technology company Chempolis. It will establish large-scale biorefineries to produce bioethanol and other green products from biomass feedstocks utilizing Chempolis technology.
The next 100 years of energy
Solar is poised to be the leading energy source in the next century. In terms of cost, renewables are almost at par with their dirtier counterparts, and within a few years will soon overtake them in terms of the volume of the overall worldwide energy produced.
India’s green hydrogen push presents a $125 billion investment opportunity by 2030: Avendus Capital
Avendus Capital’s latest report on green hydrogen estimates cumulative investments of $125 billion by 2030, across the value chain spanning electrolyzer production, renewable energy generation, and green hydrogen and green ammonia production in India.
Erisha E Mobility signs INR 6,900 crore MoU for green hydrogen, mega EV park in Gujarat
Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.
Erisha E Mobility, Gujarat govt sign green hydrogen MoU worth INR 5,000 crore
Erisha E Mobility will set up a green hydrogen ecosystem in Gujarat with an investment of INR 5,000 crore (over $600 million).
‘Cool roofs’ increase power yield in bifacial rooftop PV systems
A Spanish-Algerian reserch group has tested how “cool roofs” could help increase power yield in rootop bifacial PV systems. Cool roofs are based on coating materials with high reflectance properties.
NIIFL launches $600 million bilateral India-Japan Fund
The India-Japan Fund will actively invest in India’s environmental preservation sector, including renewable energy and e-mobility businesses.
Funds may dry up for APAC oil and gas firms slow on diversification path
While more financiers are committing to limiting capital for fossil fuel, their oil and gas sector borrowers in the Asia Pacific region still adopt a wait-and-see approach to new energy.
Avaada Group raises $1.07 billion for green hydrogen, ammonia ventures
Avaada Group has secured $1.07 billion to fund its green hydrogen and green ammonia ventures in India. The funding includes $1 billion from Brookfield Renewable and $68 million from Global Power Synergy Public Co. (GPSC).
