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DNV GL successfully completed technical due diligence for 25 MW Windfloat Atlantic floating wind project

Technical Due Diligence helped secure EUR 60 million from the European Investment Bank to become world’s first project-financed floating wind farm OSLO, Norway: DNV GL, the world’s largest independent energy advisory and certification body, has successfully completed a lenders’ technical due diligence on the 25 MW Windfloat Atlantic project, the biggest floating wind farm in […]

Moving beyond coal for green power: How to create an alternative economy using DMF funds in coal mining areas

The existing overcapacity, coupled with increasing non-competitiveness of coal power plants, means that the country doesn’t need to construct new coal power plants till 2027. The latest Intergovernmental Panel on Climate Change (IPCC) report on the impacts of global warming of 1.5oC above pre-industrial levels has come as a clarion call, warning us of the […]

Know the 8 missions of govt under National Action Plan on Climate Change (NAPCC)

The National Action Plan on Climate Change (NAPCC) is a govt document that includes eight ambitious goals set for the country to achieve. Published in 2008 by the then-Prime Minister’s Council on Climate Change (Government of India), the National Action Plan on Climate Change (NAPCC) aims at creating awareness among the representatives of the public, […]

New partnership will promote carbon capture technology to help meet climate challenge

Høvik/Mongstad, Norway: The world’s largest testing facility for carbon capture, TCM, has signed a collaborative agreement with DNV GL to deliver advisory and verification services for CO2 capture technology. Technology Centre Mongstad (TCM) and DNV GL have signed a memorandum of understanding (MOU) to support carbon capture technologies New global advisory partnership will offer advisory […]

Tata Steel ties up with Netherlands’ Nouryon for carbon neutrality

The companies will together explore the feasibility of a water electrolysis facility to produce hydrogen and oxygen at Tata Steel’s IJmuiden steelworks in the Netherlands Tata Steel’s European business on Friday announced a partnership with the Netherlands’ chemicals company Nouryon and the Port of Amsterdam to develop the largest green hydrogen cluster in Europe, which […]

Energy firms, green groups call for strong UK carbon price to keep coal at bay

The letters, to British Finance Minister Philip Hammond, come ahead of Britain’s October 29 budget and after the government said it was considering four carbon pricing options for Britain when it leaves the European Union next year LONDON: Energy companies and green groups have written separate letters this week to Britain’s finance minister asking for […]