In what could prove a milestone for an industry that hopes to help address climate change, the Silicon Valley company Ohmium announced Wednesday it has raised USD 250 million to increase production of machines that can make clean hydrogen and displace fossil fuels. Some climate experts say burning hydrogen can substitute for burning coal, oil or gas, for example in making steel or cement without contributing to climate change. That's been largely theoretical, but real world examples are now growing. Just four or five years ago, a company working on clean hydrogen from water would not have been able to raise several hundred million dollars, said Daryl Wilson, executive director of the Hydrogen Council. But now there's rapid growth and demand for it, and a broader recognition that it's key to addressing climate change, he said. Mark Viehman, a hydrogen and clean fuels expert at the consulting firm Capgemini, called USD 250 million a very impressive fundraise, and said its own recent
'Renewables is an affordable way to drive forward electricity generation in India but not even in India is the sun shining or wind blowing everyday'
Process in line with company's vision of becoming net zero by 2045
In a Q&A, President & CEO of the US-based firm says Carbon capture, utilisation and storage tech offers the best solution to decarbonising existing industrial units over next two decades
Waaree Renewable Technologies has bagged a one MW green hydrogen project in Maharashtra on a build-own-operate basis from Mahatma Phule Renewable Energy & Infrastructure Technology Ltd. "The company has received Letter of Intent (LOI) dated March 31, 2023, for executing a 1 MW Green Hydrogen project in Maharashtra on a Built-Own-Operate basis," a BSE filing stated. The project will be executed within 12 months. It is awarded by Mahatma Phule Renewable Energy & Infrastructure Technology Ltd, it showed.
Ashok Leyland, Eicher, Pinnacle, Tata, and Booma get the nod
Move will see China, Russia, others collaborate with India on emerging fuel tech, energy modelling, and transition goals
Olectra Greentech in technical partnership with Reliance on Thursday unveiled a Hydrogen Bus, which is a carbon-free alternative to traditional public transportation. Olectra Greentech Ltd (OGL), a subsidiary of Megha Engineering and Infrastructures Ltd (MEIL), is set to offer the next-generation transport system to the Indian market, a statement stated. In the wake of the depletion of natural resources and the negative impacts of air pollution and emissions, Olectra has taken the initiative to accelerate the development of Hydrogen-powered buses. This initiative will help out the Indian government to achieve carbon-free hydrogen ambitions. Olectra aims to contribute to the nation's environmentally sustainable energy security through its Hydrogen buses, the statement said. The 12-metre low-floor bus has a customisable seating capacity of 32 to 49 seats for passengers and one driver seat, it informed. A single hydrogen fill allows the bus to travel up to 400 km. Hydrogen fill for
Olectra Greentech in technical partnership with Reliance on Thursday unveiled a Hydrogen Bus, which is a carbon-free alternative to traditional public transportation. Olectra Greentech Ltd (OGL), a subsidiary of Megha Engineering and Infrastructures Ltd (MEIL), is set to offer the next-generation transport system to the Indian market, a statement stated. In the wake of the depletion of natural resources and the negative impacts of air pollution and emissions, Olectra has taken the initiative to accelerate the development of Hydrogen-powered buses. This initiative will help out the Indian government to achieve carbon-free hydrogen ambitions. Olectra aims to contribute to the nation's environmentally sustainable energy security through its Hydrogen buses, the statement said. The 12-metre low-floor bus has a customisable seating capacity of 32 to 49 seats for passengers and one driver seat, it informed. A single hydrogen fill allows the bus to travel up to 400 km. Hydrogen fill for
India has already submitted its Long-Term Low Emission Development Strategy document at COP 27
Clean energy firm ACME Group and Japan's heavy-industry manufacturer IHI Corporation have collaborated to explore business opportunities of green hydrogen. The intent of this Memorandum of Understanding (MoU) is to jointly study and evaluate potential projects with respect to collaboration opportunities across the green hydrogen and ammonia value chain, including production, handling, transportation, distribution, and power generation, a statement said. The MoU allows IHI to participate as an investor or take offtake (buy output) in one or more projects of ACME in Oman, India, the US or Egypt, it stated. Both the companies will also explore opportunities to jointly offer a complete integrated solution to customers, from green ammonia supply, bunkering and products or solutions for various applications. Set up in 2003, ACME Group is a pioneer in cleantech sectors such as solar, green hydrogen & ammonia and sustainable green protein development. The company is one of the leading ...
Carbon capture utilisation technology can play a crucial role in reducing CO2 emissions, provided the government shapes a workable regulatory framework first
The Department of Financial Services on Friday held a meeting, seeking suggestions for easing of financing provisions for the projects being taken up under the National Green Hydrogen Financing
Adani Enterprises has strong corporate governance, secure assets and cash flows: Executive
The country's first solid waste-to-hydrogen plant will be set up in Pune at a cost of over Rs 430 crore, an official said on Tuesday. The plant will be set up by sustainability solutions provider TheGreenBillions Ltd (TGBL), who has entered into a 30-year-long agreement with Pune Municipal Corporation (PMC). It will treat 350 tonnes of solid garbage every day by next year, TGBL chairman and founder Prateek Kanakia told PTI here. "Our plan is to produce 10 tonnes of hydrogen daily from 350 tonnes of solid waste. We are setting up the plant at Hadapsar Industrial Estate in Pune. This is the first attempt in India to extract hydrogen from waste," he added. The company will invest Rs 350 crore in setting up the plant and an additional Rs 82 crore will be spent to construct the storage facility and logistics support, Kanakia said. The PMC will Rs 347 per tonne to TGBL as tipping fee to treat the waste, he added. "The first 10 tonne reactor will be installed by November 2023 and the t
Numaligarh Refinery is setting up a plant with a capacity of 300 kg per hour
300 Vande metros, 1000 8-coach Vande Bharats, hydrogen trains in the works
Green growth is the overarching theme across the world and India is no exception, but the trend towards deglobalisation is throwing a spanner in the works
The company is also aiming to expand aviation gasolene exports to South East Asia
Green H2, tech transfer, and financing discussed at the round table