In Short : The Asian Development Bank (ADB) and the United Nations have partnered to design climate insurance solutions for businesses in Fiji. The initiative aims to provide financial protection against climate risks, ensuring resilience for enterprises impacted by natural disasters. This collaboration will strengthen Fiji’s economic stability while promoting sustainable development and supporting vulnerable […]
India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence – EQ
In Short : India, the UAE, and Sri Lanka have signed a tripartite agreement to develop an energy hub in Trincomalee. The project includes a multi-product pipeline and oil tank farm redevelopment, aimed at boosting regional energy security. This move strengthens India’s strategic presence in the Indian Ocean, countering China’s influence and deepening trilateral cooperation […]
Construction major L&T incorporates arm to develop green hydrogen projects – EQ
In Short : Larsen & Toubro (L&T) has launched L&T Green Energy Kandla Pvt Ltd to spearhead green hydrogen and ammonia projects, via its subsidiary L&T Energy Green Tech Ltd. This move follows the commissioning of L&T’s first green hydrogen plant in Gujarat, highlighting its strategic push toward clean energy and commitment to advancing India’s […]
Andhra Pradesh to Develop Two Large-Scale Solar Plants in Prakasam District to Boost Renewable Energy Capacity – EQ
In Short : Andhra Pradesh is set to develop two mega solar power plants in Prakasam district, significantly boosting the state’s renewable energy capacity. These projects aim to enhance clean energy production, reduce carbon emissions, and support India’s renewable energy targets. The initiative underscores the state’s commitment to sustainable development and strengthening its position as […]
SEIL Energy and IIT Madras Develop Innovative Carbon Capture Technology for a Greener Future – EQ
In Short : SEIL Energy and IIT Madras have partnered to develop Chemogel, a groundbreaking nanoparticle-based carbon capture solvent. Backed by ₹7.1 million in funding, this innovation enhances CO₂ absorption efficiency and sulfur dioxide tolerance. A pilot plant is underway to optimize performance, marking a major step toward decarbonizing industries and advancing global climate change […]
Centrica in Talks With U.K. to Develop Hydrogen Storage
Centrica Plc is in talks with the U.K. government about plans to convert its disused Rough natural gas storage site off the coast of northeast England to store hydrogen. The conversion requires about 650 million pounds ($908 million) of investment and would create several thousand jobs during construction, Chris O’Shea chief executive officer said in […]
