ACME Signs Contract with IHI to Supply Green Ammonia from India to Japan
ACME Group signed an offtake term sheet with IHI Corporation for supplying 0.4 MMTPA of green ammonia from Phase 1 of the Odisha project on a long-term basis. Jan 24, 2024 ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, recently signed an offtake term sheet […]
Alleima Completes State-Of-The-Art Heat Exchanger Tube Facility in Mehsana, Gujarat
Alleima officially launched its state-of-the-art heat exchanger facility in its mill located in Mehsana, Gujarat. The total investment between 2019-2023 amounts to approximately USD 17 million. Nov 23, 2023 Alleima officially launched its state-of-the-art heat exchanger facility in its mill located in Mehsana, Gujarat. This new facility will enable Alleima to produce advanced alloys in […]
Green Hydrogen Mandates Target Hard-to-Abate Sectors for Cabinet Review
A proposal to mandate hard-to-abate sectors is soon going to be tabled before the Union cabinet. The government aims to achieve a production of at least 5 million tonnes per annum of green hydrogen by 2030. Aug 24, 2023 Mr. RK Singh, India’s minister for power and new and renewable energy, said, “A proposal to […]
Vedanta Announced Demerger of Diversified Businesses, Forms 6 Separate Listed Companies
Vedanta Limited announced a demerger of diversified businesses unlocking significant value to create world-class sector-leading companies driving the next phase of growth. The demerger will result in six separate listed companies. Sep 29, 2023 Recently, Vedanta Limited announced a demerger that will help the company capitalize on India and the world’s growing demand for commodities, […]
Shell, ONEE Sign 12-Year LNG Supply Agreement with Morocco
Shell and ONEE have signed an agreement for the annual supply of 0.5 bcm of LNG to Morocco, for 12 years. As per Morocco’s energy ministry, the LNG would be transported from Spanish ports via a gas pipeline connecting the two countries as Morocco works to construct its own LNG terminals. Jul 20, 2023 Shell […]
ACME Group Raises INR 40 Billion Fresh Funding for Oman Green Hydrogen & Ammonia Project
ACME Group raised a fresh funding of INR 40 billion from REC, for the start up of its green hydrogen and ammonia project located in Duqm, Oman. The facility is projected to produce green ammonia in the capacity of 100,000 tons in its initial phase, and then expanded to 1.2 MMTPA. Jul 22, 2023 ACME […]
TotalEnergies Signs USD 27 Billion Energy Deal with Iraq
TotalEnergies recently inked a USD 27 billion oil, gas and renewables deal with Iraq, aiming to boost the country’s capacity of energy production. The project will reportedly witness investment of USD 10 billion over the next 4 years. Jul 10, 2023 TotalEnergies has recently signed a USD 27 billion energy deal with Iraq, with the […]
India to Organize International Green Hydrogen Conference in Delhi
India will host an international conference of green hydrogen, organized by the Ministry of New and Renewable Energy, in Delhi from July 5 to 7, 2023. The aim of the conference is to explore how to establish a green hydrogen ecosystem and foster a systemic approach for meeting global goals for decarbonization through green hydrogen. […]
Williams Companies Announces Climate Commitment to Reach Net-Zero Emissions by 2050
Williams Companies announced a climate commitment aligned with the Paris Agreement, in order to reduce the emission by 40 percent below 2005 levels by 2030, and reach net-zero emissions by 2050. Mr. Alan Armstrong, Williams Companies’ President and CEO, shared that the key to bringing about the planet’s clean energy future is natural gas. Jun […]
US Researcher Explores Possibility of a Biomass Pipeline – Receives USD 650,000 Grant for the Maine-based Project
Mr. Mahdi Vaezi, a US researcher, is collaborating with the Construction Management Institute of Maine to explore the possibility of the world’s first 10-mile biomass pipeline to transport woodchips in a slurry to a port in Maine. The project has received USD 650,000 four-year grant. Jun 7, 2023 Mr. Mahdi Vaezi, an engineering technology professor […]
