Grasping the essence of company sustainability is pivotal in the contemporary business realm. It transcends mere compliance with regulations and nurturing a favorable public persona—it’s about forging a sustainable legacy. Whether at the helm of a burgeoning startup or steering a sprawling enterprise, the sustainability strategies you embrace today will sculpt your company’s trajectory. Adopting sustainable practices not only bolsters operational efficiency and curtails costs but also fortifies your business model against future uncertainties. These strategies are a boon for the environment an ..read more

A multi-stakeholder platform, the Battery360 Alliance, was launched today to amplify India’s efforts towards a sustainable, circular and resource-efficient ecosystem for batteries. The platform was launched in presence of Amitabh Kant, G20 Sherpa, and dignitaries from the Department of Science and Technology and NITI Aayog. The platform is supported by the United Nations Environmental Programme (UNEP), Global Environment Facility (GEF), Asian Development Bank (ADB), Indian Council for Research on International Economic Relations (ICRIER), UL Standards & Engagement, International Institute ..read more

Utility Global has presented its novel eXERO ceramic-based reactor, which is poised to revolutionize the hydrogen generation scene. By manufacturing hydrogen without the conventional requirements of electrolysis and electricity, this state-of-the-art technology has the potential to completely transform the sector. The Operation of the Technology A major advancement in hydrogen producing technology is the eXERO reactor. eXERO functions without the need for electrolysis, a traditional technique that splits water molecules into hydrogen and oxygen with the use of electricity. Rather, it directly ..read more

The US Department of Energy (DOE) has awarded California the first $30 million in government funds to establish a regional clean hydrogen hub (H2Hub). After being chosen for a total of $1.2 billion in H2Hub funding in October of last year, the DOE and the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) hub inked a $12.6 billion deal to construct the hub. In addition to the $1.2 billion from the DOE, $11.4 billion in public and private money has been committed, according to ARCHES, to the development and expansion of sustainable energy infrastructure throughout the state. Dee Dee ..read more

The government’s encouraging policies and financial aid for research and development, as well as applications like fuel cell cars, are important elements propelling the fuel cell market’s growth. According to a study analysis, the fuel cell market is predicted to expand from an estimated USD 3.3 billion in 2023 to USD 8.7 billion by 2028, at a compound annual growth rate (CAGR) of 21.7%. Fuel cells are devices that use electrochemical reactions to produce energy using hydrogen as a fuel source. They are viewed as clean and efficient technology since the only byproducts of the process are heat ..read more

Fuel cell components and systems manufacturer Sydrogen Energy, situated in Singapore, has announced that it is entering the marine industry with the launch of a 250 KW fuel cell power module. The Singapore-developed module, created exclusively in partnership with Shanghai Hydrogen Propulsion Technology Co Ltd, transforms hydrogen from various sources into carbon-free, clean electricity. According to the company’s statement, Sydrogen’s module is suitable for both small and large vessels because it has sophisticated cooling systems and is expandable from KW to MW power. The company goes on to cl ..read more

Hydrogen fuel cells are becoming a significant game-changer in the quest for sustainable energy solutions, particularly when contrasted with conventional lithium-ion batteries. Hydrogen’s superior energy storage density makes it especially advantageous in transportation and maritime uses. One of the most significant advantages of hydrogen fuel cells is their exceptional energy storage density. When hydrogen is converted into electricity through fuel cells, it stores significantly more energy in a smaller and lighter package compared to lithium-ion batteries. This results in longer journeys and ..read more

Renewable energy sources happen to be taking the lead from nuclear as well as fossil fuels when it comes to the EU’s overall production of electricity. It is well to be noted that, for the very first time, over half of the overall energy production throughout the 27-member states happens to come from renewable sources of energy such as water, solar, wind, and biomass. This is as per the data that’s been rolled out from the Electricity Data Platform. Apparently, wind energy that is produced in the North Sea is indeed one of the sources of the good news, says Eurelectric’s Savannah Altvater. Rig ..read more

Germany is planning to reduce and revamp the subsidies it pays to renewable energy producers due to increasing costs for the government. This move might contribute to uncertainty regarding future investments. Beginning January 2025, payments for medium and large projects will be terminated if electricity prices drop below zero, according to a draft budget law approved by the cabinet on Wednesday. Negative prices occur when power supply exceeds demand, such as when weather conditions cause peak wind and solar generation. The government currently guarantees minimum prices for renewable energy pr ..read more

In order to achieve the goal of the Paris Agreement to limit global warming to 1.5°C, the world must increase its renewable power capacity threefold by 2030. The IEA summarizes its report COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap. This report examines nearly 150 Nationally Determined Contributions- NDCs outlining each country’s plans and assesses the actual progress, which in many cases exceeds the stated plans. Although the world is projected to reach nearly 8,000 GW of installed renewable capacity globally by 2030, it f ..read more