Funds may dry up for APAC oil and gas firms slow on diversification path
While more financiers are committing to limiting capital for fossil fuel, their oil and gas sector borrowers in the Asia Pacific region still adopt a wait-and-see approach to new energy.
L&T advances renewables infrastructure for world’s largest green hydrogen plant
Larsen & Toubro (L&T) is set to begin constructing the renewable energy generation, storage, and grid infrastructure for the green hydrogen production facility in Saudi Arabia, as it has made significant progress from design to procurement.
Himadri invests US$6.7 million in Australia’s Sicona Battery Technologies
India’s Himadri Speciality Chemical has acquired a 12.79% stake in Sicona Battery Technologies, an Australian startup that specializes in high-capacity silicon anode technology for lithium-ion batteries.
WindStream crosses 100 SolarMills milestone in defence
Telangana-based WindStream Energy Technologies has installed more than a hundred hybrid renewable energy systems, SolarMills, in the remote mountainous regions crucial for defense operations.
NLC, WAPCOS sign MoU on pumped storage
State-owned thermal energy giant NLC has signed an agreement with WAPCOS Ltd, a public-sector engineering consultancy services provider, to carry out collaborative technical services and advisories for developing pumped storage projects in India.
German manufacturer unveils 10 kWh residential redox flow battery
Prolux Solutions has developed a redox flow battery with a charging and discharging capacity of 4 kW and 5 kW of peak power. It is designed to be coupled with PV systems in homes with high consumption profiles.
L&T forms Green Energy Council
The council will identify technology trends in green energy, analyze the evolving global policy developments, evaluate emerging business models, and advise on collaborations.
Madrid to generate green hydrogen using recycled water, PV, biogas
Madrid will open Spain’s first plant to produce green hydrogen from recycled water in 2024. The facility, situated at a water treatment plant, will use electrolysis to simultaneously extract oxygen and purify water.
Delhi’s Hauz Khas to host solar-powered EV carport soon
Servotech Power Systems Ltd will execute the solar-powered EV carport project from the design stage to fabrication and implementation.
Biofuels vs. solar electricity for urban mobility
Solar electricity will have to compete with biofuels in the urban mobility landscape. Biofuels, however, have a very low energy productivity per hectare, as well as high requirements for fertilizers, pesticides, and water.
