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Gensol, Matrix to develop India’s first green steel production facility
Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen. The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex incentives from the Government of India under the National Green Hydrogen Mission. Sanctioned as one of three pilot projects by MECON, in coordination with the Ministry of Steel (MoS) and the Ministry of New and Renewable Energy (MNRE), the…
UK oil and gas companies lag in renewable energy investments, report reveals
A recent analysis by climate campaign group Uplift has found that the majority of UK North Sea oil and gas companies are failing to transition their investments to renewable energy. Out of 87 companies, only seven are projected to invest in renewables by 2030. Of these, only two will allocate more than half of their portfolios to renewable projects, while one company intends to invest in wind energy to support further oil and gas production….
Andhra Pradesh to launch Integrated Renewable Energy Policy with major investments
The Andhra Pradesh government will soon unveil an ‘Integrated Renewable Energy Policy,’ following Brookfield’s announcement to invest over Rs 500 billion in the state over the next three to five years. The policy will cover solar, wind, hybrid energy, energy storage, green hydrogen, biofuels, and electric vehicle charging infrastructure. Brookfield’s joint venture with Axis Energy, Evren, plans to install a total of 8,873 MW of solar and wind capacity in Andhra Pradesh. State Minister Nara…
ISTS scheme for green hydrogen units in Tuticorin approved
The National Committee on Transmission (NCT) has approved a Rs 26.17 billion interstate transmission system (ISTS) to support upcoming green hydrogen and green ammonia projects in the Tuticorin area of Tamil Nadu. The project, titled “Transmission system for proposed green hydrogen/green ammonia projects in Tuticorin area,” will be implemented under tariff-based competitive bidding (TBCB) with REC Power Development & Consultancy Ltd (RECPDCL) serving as the bid process coordinator. The project will be completed within 30…
Tata Group and Analog Devices ally for semiconductor manufacturing
Tata Group and global semiconductor leader Analog Devices (ADI) have signed a memorandum of understanding (MoU) to explore semiconductor manufacturing opportunities in India. Tata Electronics, Tata Motors, and Tejas Networks will collaborate with ADI to enhance business cooperation, focusing on applications like electric vehicles and network infrastructure. Tata Motors and ADI will work on electronics hardware components for energy storage and power electronics in commercial and passenger vehicles, while Tejas Networks and ADI will explore…
Schneider Electric launches Miluz ZeTa home range of switches and sockets
Schneider Electric has unveiled “Miluz ZeTa,” its latest range of switches, sockets, and home connectivity solutions in the Indian market. The Miluz ZeTa collection features innovations like a patented space-saving switch socket, an Air Quality Indicator (AQI), and a Voltage Surge Protector (VSP). Compatible with the Schneider Electric Wiser system, the range facilitates seamless energy management and smart home integration. The Miluz ZeTa range, which recently won an accolade at India’s Best Design Awards 2024,…