LNG trade grows 6% to 380 mn tons in 2021: Shell outlook
The global trade in liquefied natural gas (LNG) increased 6 percent to 380 million tons during 2021 as many countries rebounded from the economic...
India to issue sovereign Green Bonds to finance green infra
India will issue Sovereign Green Bonds to finance green infrastructure, said Finance Minister Nirmala Sitharaman in Parliament on Tuesday.
In her Budget speech to the...
Shell starts operations in China for making green hydrogen
Shell has started operations at the power-to-hydrogen electrolyser in Zhangjiakou, for the production of green hydrogen in Zhangjiakou, Hebei Province, China.
The electrolyser will provide...
UAE’s AMEA Power to raise clean energy output to 5,000 MW
AMEA Power, a subsidiary of United Arab Emirates-based Al Nowais Investments (ANI), said on Tuesday that it aims to raise its output of clean...
Reliance Industries to invest Rs 6 lakh crore in green energy
Reliance Industries (RIL) will invest nearly Rs 6 lakh crore in green energy and other projects in Gujarat.
RIL has already started looking for land for 100...
India’s clean energy push propels renewable companies’ stocks
India government’s push to increase renewables-based sources in India’s overall energy mix have pushed up the prices of clean energy players' stocks over the...
Investors spent $67 bn less for clean energy in emerging markets
Investors spent $67 billion fewer dollars into clean energy in emerging markets vs developed countries, a study from research company BloombergNEF (BNEF) finds.
Energy transition...
IEA revises renewable energy forecast after COP26
The world’s capacity to generate power from renewable sources such as wind, solar, and hydro will hit a new record in 2021, according to IEA’s annual market analysis.
This remarkable expansion has occurred despite growing commodity and transportation costs, which have increased the cost of manufacturing solar panels and wind turbines.
Worldwide renewable electricity capacity is expected to increase by...
Aramco signs five agreements with leading French companies
The Saudi Arabian Oil Company (Aramco) announced the signing of five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle...
IEA forecast on renewable electricity capacity
Additions of new renewable power capacity this year are forecast to rise to 290 gigawatts (GW) in 2021, despite rising costs for key materials...