Italy, Germany, Austria to Develop Southern Hydrogen Corridor Pipeline
An agreement was signed by the energy ministries of Germany, Italy and Austria to develop the Southern Hydrogen Corridor Pipeline important for the development of the European market for renewable energy. Jun 4, 2024 Italy, Germany and Austria have signed an agreement to work together for the development of a network to transport hydrogen from […]
JSW Steel USA to Invest USD 110 Million to Upgrade Texas Manufacturing Operation
The investment will be utilized in steel plate mill modernization projects, enabling the production of high-quality monopile steel plates. Jun 28, 2024 JSW Steel USA, Inc. a subsidiary of JSW Steel Ltd. plans to invest USD 110 million in steel plate mill modernization projects with sustainable technology and state-of-the-art equipment within its manufacturing facilities in […]
India Proposes USD 500 Billion Investment Opportunities in Clean Energy by 2030
India offers substantial investment opportunities worth USD 500 billion in the clean energy value chain, including renewables, green hydrogen, and electric vehicles (EVs) by 2030. Jun 7, 2024 As the country moves ahead to achieve its target of fulfilling at least half of its energy requirements via renewable energy by 2030, India offers investment opportunities […]
JERA to Invest USD 32 Billion in Clean Energy Fuels
Japan’s JERA targets over 35 million metric tons LNG transaction volumes, generating 20 GW of renewable energy by 2035. May 20, 2024 In order to achieve energy sustainability, affordability and stability, leading Japanese energy company JERA has come up with a three-pronged growth strategy to invest USD 32 billion in clean energy fuels such as […]
Jindal Stainless Unveils INR 5,400 Crore Capex Plan
The investment plan includes developing and operating a stainless steel melt shop (SMS) with an annual production capacity of 1.2 million tonne per annum in Indonesia, acquiring 54 percent stakes in a Chinese mill in Gujarat, and enhancing its melting and downstream capacities. May 16, 2024 Jindal Stainless (JSL) has come up with an investment […]
PNGRB Organizes Mega-Stakeholder Interaction on Hydrogen Transmission in Natural Gas Pipelines & City Gas Distribution Networks
PNGRB is planning to utilize natural gas transmission lines for the transportation of green hydrogen bridging the gap between regions with rich renewable energy resources and hydrogen-consuming centers. The total hydrogen demand in India is expected to increase from the current demand of 6 – 7 MMTPA to 16 – 18.5 MMPTA by 2040. Mar […]
GAIL to Launch its First Green Hydrogen Project in MP by April
The unit will come up at GAIL’s Vijaipur complex in Madhya Pradesh. Under the project, a 10 MW proton exchange membrane electrolyser imported from Canada will produce 4.3 MTPD high-purity hydrogen. It aligns with India’s ambitious goal of reaching 5 MTPA green hydrogen production capacity by 2030. Mar 28, 2024 State-run natural gas company GAIL […]
NTPC Green Energy to Infuse INR 80,000 Crore in Green Hydrogen Projects of Maharashtra
NGEL will invest INR 80,000 crore in Maharashtra’s green investment plan in next 5 years, develop green hydrogen and its derivatives such as green ammonia and green methanol having capacity up to 1 million TPA. Mar 15, 2024 NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has signed a Memorandum of Understanding […]
India’s Largest Green Hydrogen Production Facility Having 1100 TPD Capacity to Come Up in AP
NTPC Green Energy Limited joins hands with Andhra Pradesh Industrial Infrastructure Corporation to develop an integrated green hydrogen industrial park worth INR 65,370 crore in three phases at 1200 acres land of Visakhapatnam. Feb 22, 2024 The National Thermal Power Corporation (NTPC) Limited has signed a land lease agreement with the Andhra Pradesh Industrial Infrastructure Corporation […]
Germany Proposes USD 17 Billion Subsidy for Gas Power Plants to Shift to Hydrogen Fuel
Germany expects hydrogen transition plans to get a green signal by 2032, allowing gas power plants to operate completely on hydrogen fuel between 2035 and 2040 Feb 22, 2024 In order to boost intermittent renewable energy and speed up the transition to low-carbon generation, the German government has come up with a EUR 16 billion […]
