News & Press Releases
News & Press Releases
Egypt Opens New Round Of Global Bids For Oil-Gas Exploration
The Egyptian Upstream Gateway will be used to solicit bids from international companies to search for natural gas and crude oil in 12 areas of the Mediterranean and Nile Delta, which include six offshore and six onshore areas. The...
News & Press Releases
India Plans A $2 Bn Investment For Green Hydrogen Sector
According to three sources cited by Reuters, India is developing a $2 billion incentive scheme for the green hydrogen industry in an effort to reduce emissions and establish itself as a major exporter in the sector.
As per a senior...
News & Press Releases
Lofty 2070 Zero Emission Aim of India Needs $10 Trillion
At the UN Climate Summit COP 26 in Glasgow on November 1, 2021, Prime Minister Narendra Modi said that India would achieve the net zero emission goal by 2070. As per experts, achieving this aim was rather ambitious but...
News & Press Releases
4-Nation Agreement To Supply The EU With Caspian Wind Energy
On December 24, an agreement was reached between Azerbaijan, Georgia, Romania, and Hungary to supply electricity produced by wind farms Azerbaijan intends to develop in the Caspian Sea to Europe.
The EU is supporting a plan to carry clean energy...
News & Press Releases
Researchers Develop A New Perovskite Solar Cell Technology
Researchers from the National Renewable Energy Laboratory (NREL) reported in the journal Science that a novel method for producing perovskite solar cells solved prior issues and delivered devices with high efficiency and outstanding stability.
The construction of very stable and...
Hydroelectric
Borealis signs power purchase agreement with VERBUND to supply Austrian operations with hydropower
Borealis and VERBUND have signed a ten-year power purchase agreement to supply a yearly 220 GWh of hydropower – reportedly comparable to the amount of energy used to power 50,000 Austrian households – to Borealis operations in Schwechat, Austria,...
News & Press Releases
NTPC Limited and GE Power India Limited sign MoU to reduce carbon intensity from NTPC’s coal fired units
Carbon reduction from coal power plants is a key challenge and co-firing of low carbon fuel will facilitate the transition towards a low carbon energy economy and subsequent to “Net Zero” emissions. In its efforts to adopt advanced powering...
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