bp Joins Forces with JERA to Create Global 13GW Offshore Wind Developer
The combination will create a global business, to be called JERA Nex bp, with a balanced mix of operating assets and development projects with total 13GW potential net generating capacity. The partners have agreed to provide capital funding for investments committed before the end of 2030, of up to USD 5.8 billion. Dec 27, 2024 […]
EU Business Association Suggests Clear Action Plan for Ukraine’s Emissions Trading System
The European Business Association has suggested Ukraine to revise its action plan regarding the launch of the national emissions trading system (ETS), aligning with its decarbonization and climate goals as well as inching closer to fulfilling the requirements of the EU Association Agreement. Dec 27, 2024 As Ukraine braced up to launch the national emissions […]
SMS Group to Construct a 190-Ton Electric Arc Furnace for SSAB
SMS Group will construct a new 190-ton Electric Arc Furnace (EAF) for SSAB with an upper shell diameter of 9.3 meters. The new EAF is set to be one of the largest installations in the world and its first heat is scheduled for the fourth quarter of 2026. Nov 30, 2024 SMS Group has been […]
SAIL & John Cockerill India Join Forces to Drive Innovation & Sustainability
The partnership seeks to integrate green technologies into iron and steelmaking processes, and incorporate advanced steelmaking technologies to enhance efficiency and sustainability. Dec 01, 2024 Steel Authority of India Limited (SAIL), signed a Memorandum of Understanding (MoU) with John Cockerill India Limited (JCIL), the Indian arm of the global John Cockerill Group in Mumbai. This […]
ADNOC Secures 1 Million TPA SPA for Middle East’s First LNG Export facility
Ruwais LNG plant will be the first LNG export facility in the Middle East and Africa region to run on clean power, making it one of the lowest-carbon intensity LNG plants in the world. Nov 6, 2024 ADNOC has announced the signing of the first long-term sales and purchase agreement (SPA) for the lower-carbon Ruwais […]
ArcelorMittal Joins Forces ABB to Introduce XCarb Steel
ABB collab with ArcelorMittal to introduce XCarb steel. The steel is made with high levels of recycled steel and 100 percent renewable energy, for its trusted Kabeldon power distribution system. The sustainable sourcing agreement helps reduce the carbon footprint equivalent by 29 percent. Oct 23, 2024 ABB is partnering with ArcelorMittal to introduce XCarb steel […]
Gensol Engineering Collabs with Matrix To Build India’s Largest Green Steel Production Facility
Gensol Engineering has partnered with Matrix Gas & Renewables to develop India’s first and largest green steel production facility. The project’s total capital expenditure (capex) is estimated at INR 321 crore, with the government of India providing 50% capex incentives to support this initiative. Oct 21, 2024 Gensol Engineering, a solar energy consultancy and EPC […]
Govt Invests INR 347 Crore on 3 pilot projects under National Green Hydrogen Mission
These projects will receive a total of INR 347 crore from the government of India. These pilot projects are likely to be commissioned in the next three years. Oct 21, 2024 As part of the National Green Hydrogen Mission, the union government has sanctioned three pilot projects for use of hydrogen in steel production. These […]
Tata Steel Nederland Will Supply Zeremis® Green Steel to Sweden’s Lindab
Tata Steel Nederland will supply Zeremis® green steel to Swedish company Lindab, after its steel plant in IJmuiden transitions to hydrogen-based steel production. Oct 18, 2024 Tata Steel Nederland has signed a memorandum of understanding with Swedish company Lindab to supply Zeremis® green steel once the steel plant in IJmuiden transitions to hydrogen-based steel production. […]
CCPA Issues Guidelines for Preventing and Regulating Greenwashing & Misleading Environmental Claims
These guidelines seek to foster truthful practices and prevent greenwashing and misleading environmental claims. This will enhance consumer trust and encourage sustainable business practices. Oct 16, 2024 Central Consumer Protection Authority (CCPA) has issued guidelines titled “Guidelines for Prevention and Regulation of Greenwashing or Misleading Environmental Claims, 2024” to address the issue of greenwashing and […]
