New climate targets announced at the COP26 summit by Indian Prime minister Narendra Modi look set to boost renewable energy growth. However, India’s insatiable demand for electricity will keep the market highly reliant on coal power, posing challenges to the country's decarbonisation plans, according to Fitch Solutions.
Olivier Mussat has joined President Energy subsidiary Atome Energy from the International Finance Corp. (IFC) in preparation for an IPO later this year.
Equinor (NYSE: EQNR) has today announced that pre-FEED (Front End Engineering and Design) study contracts have been awarded to develop a major low carbon project.
Suppliers with access to low-cost renewables will have a competitive advantage when it comes to green hydrogen production. Australia and the Middle East sit in the top echelons for solar irradiance and offer massive green hydrogen potential, according to Wood Mackenzie’s latest analysis.
Woodside (ASX:WPL) today unveiled plans for a A$1 billion ($748 million) hydrogen export plant south of Perth that is designed to export low carbon energy overseas and boost renewable energy supplies in Western Australia.
Technip Energies (PARIS:TE) has been awarded an engineering, procurement, construction and commissioning contract by NTPC for its Proton Exchange Membrane (PEM) Based Hydrogen Generation Plant project at Vindhyachal, Madhya Pradesh, India.
The UK could store enough power in underground reservoirs during the summer to get it through winter in future, according to a report which backs hydrogen technology.
Chiyoda, Mitsubishi, and Sembcorp Industries, have signed a memorandum of understanding to explore the feasibility of setting up a hydrogen supply chain in Singapore.
TotalEnergies (Paris:TTE)(LSE:TTE - 41p)(NYSE:TTE), has launched world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions.
Australian liquefied natural gas (LNG) developer Woodside has joined five parties to establish the HyStation company, which aims to build and operate hydrogen refuelling stations to service public transport bus fleets in South Korea.