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ReNew Power chairman Sumant Sinha signed the MoU with Karnataka's additional chief secretary (Industries) EV Ramana Reddy in the presence of chief minister Basavaraj Bommai, Industries Minister Murugesh Nirani, and IT/BT Minister CN Ashwath Narayan at the Karnataka Pavillion at the world economic forum (WEF) in Davos.
State-owned GAIL (India) Ltd will build one of India's largest proton exchange membrane (PEM) electrolyzer at Guna in Madhya Pradesh to produce green hydrogen by the end of 2023, as it looks to supplement its natural gas business with carbon-free fuel. In a statement, India's largest gas transporting and marketing firm said it has awarded the contract to set up the PEM-based project that will produce 4.3 tonnes of green hydrogen per day (about 10 MW capacity), which will be mixed in natural gas for supply to industries.
The two foreign ministers noted the potential for a closer India-Italy industrial collaboration in the defence sector and vowed to work closely in countering common challenges of terrorism, violent extremism and cybercrimes.
In days to come, steps should be taken to run trains, airplanes, trucks and buses and especially factories producing chemicals and cement using an alternate energy source like hydrogen and research should be done in this field, he said.
"L&T...signed an agreement with the Indian Institute of Technology Bombay, the nation's premier technology and research institution, to jointly pursue research and development work in the green hydrogen value chain," the company said in a statement.
Additionally, Indian Oil and L&T have signed a binding term sheet to form a JV with equity participation to manufacture and sell electrolyzers used in the production of green hydrogen
WASHINGTON, March 3 (Reuters) - The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the global transition from fossil fuels to cleaner energy sources to fight climate change?
Many governments, and that includes the Indian government, take an exaggerated view of the green movement. It is going to come but it is much slower than people think and while there are great ambitions in India for going green, use hydrogen cells, costs are going to be huge.
Analysts say Reliance is likely to opt for hydrogen in a bid to avoid India’s wholesale electricity market, which is dominated by financially stressed utilites and plagued by delayed payments.
New Delhi: With the climate crisis looming over humanity, world leaders have accelerated the growth of renewable energy, especially large solar parks and electric vehicles – all for good reasons. Though electricity makes up only 17% of all energy consumption, it contributes 46% of all energy-related emissions.
International Renewable Energy Agency will help India's efforts to advance “cost-effective decarbonisation” through the development of domestic green hydrogen. India is looking to further accelerate its energy transition by signalling its intent to further collaborate with the International Renewable Energy Agency (Irena), including in the area of green hydrogen. Irena confirmed over the weekend that India’s Ministry of New and Renewable Energy (MNRE) signed a strategic partnership agreement to strengthen its collaboration with the international agency in the field of renewable energy.
The Australian government has unveiled fresh funding to drive down the cost of solar technology as part of a wider goal of getting the cost of production of green hydrogen below A$2 (US$1.44) per kilogram. The government’s independently run Australian Renewable Energy Agency (Arena) announced up to A$40 million in funding to support research and development into lowering the cost of solar photovoltaics. Arena said the funding would be directed towards projects that are aligned with the agency’s Solar 30 30 30 goal — targeting 30% module efficiency and reducing the total cost of construction of utility scale solar farms to 30 cents per installed watt by 2030.
Energy companies Engie and Equinor have announced the H2BE project which aims to develop production of low-carbon hydrogen from natural gas in Belgium. The Belgian federal government released its Hydrogen Strategy in late October and the H2BE project will help Belgium deliver on the strategy. The project aims at producing hydrogen from natural gas using autothermal reforming (ATR) technology combined with carbon capture and storage (CCS).
Union Power and New & Renewable Energy Minister R K Singh on Thursday met his Danish counterpart Dan Jrgensen where both agreed on further engagement in renewable energy, especially offshore wind and green hydrogen. "Union Minister for Power and New and Renewable Energy R K Singh met with Dan Jrgensen, Danish Minister for Climate, Energy and Utilities, here today (Thursday)," the Ministry of New and Renewable Energy said in a statement.
The oil and gas sector will continue playing a role in the energy transition for "decades to come," from decarbonizing operations to capturing emissions at industrial facilities, BP production and operations head Gordon Birrell told the Offshore Europe conference Sept. 7. Birrell, together with executives from Norway's Equinor and UK producer Harbour Energy, stressed the ability of the North Sea industry to export energy expertise and technology around the world, including carbon capture and storage, hydrogen and offshore wind projects.
As part of a push to embrace cleaner forms of energy, GAIL will be laying pipeline infrastructure to connect consumption centres to gas sources while also augmenting its renewable energy portfolio, GAIL Chairman and Managing Director Manoj Jain said. India's top gas company GAIL will foray into hydrogen generation and take the acquisition route to scale up its renewable energy portfolio as it pivots business beyond natural gas to align with energy transition being witnessed across the globe. As part of a push to embrace cleaner forms of energy, GAIL will be laying pipeline infrastructure to connect consumption centres to gas sources while also augmenting its renewable energy portfolio, GAIL Chairman and Managing Director Manoj Jain said.
In March 2021, President Biden unveiled his new infrastructure plan, promising “It is not a plan that tinkers around the edges. It is a once-in-a-generation investment in America unlike anything we have seen or done since we built the interstate highway system and the space race decades ago.” At the heart of his plan sits a commitment to clean energy provision and carbon neutrality, with hydrogen fuel playing a key role. Among other measures, the plan proposes to fund R&D in advanced hydrogen electrolyzers; build 15 decarbonized hydrogen demonstration projects in economically distressed areas; incentivize the adoption of electric and fuel-cell vehicles (FCEV).
Using hydrogen gas as a fuel produces only water as a by-product, rather than greenhouse gases such as CO2, which are harmful for the climate. It can be used to power fuel cells - devices that generate electricity through an electrochemical reaction - used in a turbine for electricity or burned in a boiler and vehicle engine. The government plans to deliver 5GW of hydrogen production capacity by 2030, estimating that the industry could be worth £900m and support more than 9,000 jobs by the same date. As such, it is a clean, versatile energy source that could power cars, trucks and trains, heat our homes and generate the power needed for industrial processes such as steel production.