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Indian Oil cancels green hydrogen project tender again
Indian Oil Corporation (IOC) has cancelled the tender for its first green hydrogen project at the Panipat refinery, as announced on its website on August 6. This decision aims to revise norms and attract more bidders. Last month, Moneycontrol reported that IOC was considering this cancellation to address the tender’s technical specifications. The project, crucial for IOC’s shift to sustainable energy, has faced delays. The second tender, issued in March, closed on July 9 with…
MNRE releases guidelines to boost PM Surya Ghar rooftop solar scheme
The Ministry of New and Renewable Energy (MNRE) has introduced new guidelines to enhance the PM Surya Ghar scheme for rooftop solar installations. The updated measures aim to simplify the process by urging states to adopt online payment systems for fees such as application, load enhancement, meter testing, and commissioning, reducing the need for multiple visits to discom offices. MNRE will also incentivize innovation in rooftop solar projects with annual prizes, including Rs 10 million…
Gautam Solar to expand in South India with launch of TOPCon solar modules
Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets project developers, EPC companies, and system integrators in the region. These locally produced solar panels, manufactured to international standards, underscore…
Siemens launches industrial control cabinets made from 100% recycled metal
Siemens Smart Infrastructure, through its German subsidiary Alpha Verteilertechnik, has introduced the SIVACON 8MF1 industrial control cabinet series, made entirely from scrap metal sourced from reputable European suppliers. These cabinets are manufactured using wind power, aligning with Siemens’ sustainability goals under its DEGREE framework, which targets decarbonization and resource efficiency in line with a 1.5°C science-based target. The production process of the SIVACON 8MF1 cabinets reduces CO2 emissions by 70% compared to conventional steel production,…
BMW announces plans to produce its first hydrogen car by 2028
German luxury automaker BMW has revealed plans to produce its first hydrogen-powered car by 2028. BMW is partnering with Toyota to create a new generation of fuel-cell powertrains, continuing a collaboration that previously resulted in the current-generation Toyota Supra. The partnership aims to overcome the challenges that have hindered the adoption of hydrogen technology, including high costs and limited infrastructure. BMW’s announcement comes with few specifics about the vehicle, but it is expected to be…
Fossil fuels to supply 40-60% of energy by 2050 despite clean energy push: McKinsey
A McKinsey report reveals that fossil fuels will continue to provide 40-60% of global energy by 2050, due to slower adoption of electric vehicles (EVs) and challenges in scaling clean energy technologies. Gas will remain a key energy source, stabilizing grids as renewables, though growing, are intermittent. Despite fossil fuel consumption plateauing between 2025 and 2035, investments will persist to ensure energy reliability during the transition. Global energy demand is set to rise by up…