The funding is intended to aid India’s efforts in scaling up renewable energy, promoting green hydrogen, and sparking climate finance for low-carbon energy investments.
Browsing: Asia
In an unprecedented move, Spain’s Minister of Science and Innovation, Diana Morant, and her Chinese counterpart, Wang Zhigang, signed a pivotal agreement today aimed at fostering collaboration in research, technology, and innovation between the two nations.
In a significant stride towards carbon neutrality, China’s Sinopec has kicked off green hydrogen production at its new facility in Kuqa city, Xinjiang.
The company’s commitment to hydrogen vision was underscored recently with the appointment of industry veteran Jim Park as its senior vice president of commercial vehicle and hydrogen business development for North America.
India’s journey towards green energy took a giant leap forward as Avaada Group, one of the country’s leading power companies involved in the manufacture of solar panels, successfully closed its latest funding round. This financial boost, amounting to US$1.3 billion, will propel the group’s solar and green hydrogen businesses to new heights.
South Korea is ramping up its efforts to boost the development and adoption of hydrogen technologies. The country’s Ministry of Science and ICT recently held its first ‘National Strategic Technology Hydrogen Field Discussion Forum’ aimed at enhancing South Korea’s hydrogen technology competitiveness.
Chinese automobile titan GAC (Guangzhou Automobile Cie) has set another milestone in the world of alternative fuel vehicles with its recently unveiled E9 concept. The E9, which was revealed at GAC’s “Tech Day 2023,” is acclaimed as the world’s first hydrogen-powered hybrid car, showcasing Chinese manufacturers’ progress in the field of hydrogen.
In a significant move to strengthen India’s push towards green energy, the Ministry of New and Renewable Energy (MNRE) has announced an over Rs 17,000 crore ($2.26 billion) incentive scheme to bolster the manufacturing of electrolyzers and green hydrogen production.
Indian officials have begun discussions with Germany concerning its green hydrogen purchase tender, with specific emphasis on the issues raised…
Green hydrogen, an eco-friendly energy carrier, is emerging as a key component in China’s strategic ambition to peak its carbon emissions by 2030 and achieve carbon neutrality by 2060, according to a recent report launched by the World Economic Forum at the 14th Annual Meeting of the New Champions in Tianjin, China.
