Wednesday, March 2, 2022

Govt policy push to put solar manufacturing industry on strong footing: ISMA

The government has set an ambitious target of 500 gigawatts of renewable capacity by 2030, which is about 5 times the current cumulative installations.

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Tuesday, March 1, 2022

Shell buys into Australian wind farm developer with $4 bln project portfolio

Shell Energy Operations will buy the stake in WestWind Energy, owned by Germany-based The WestWind Group, for an undisclosed amount.

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Hydro major SJVN planning to spend Rs 8,000 crore next financial year

The company said in a statement it has met the current fiscal year's capex target of Rs 5,000 crore a month in advance.

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Swiss says it will be first airline to use fuel made from sunlight

The process devised by Synhelion, a spinoff from the Swiss Institute of Technology, uses concentrated sunlight to produce carbon-neutral kerosene, it said.

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Venezuela assigns oil to ONGC, Maurel & Prom as they seek U.S. approval

PDVSA in recent months assigned a 2 million-barrel cargo of heavy crude to ONGC and 1 million barrels to Maurel & Prom, the two firms that have progressed the most in negotiations with the state company to pay debts and late dividends, the people said.

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No impact of Ukraine war so far, operations normal: OIL CMD

“As far as the question of Russia and Ukraine is concerned it may be too early to offer any comment. It is a political issue, let it get resolved,” said Mishra.

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Sanctions may delay Rosneft's India ops expansion

Rosneft owns a 49% stake in Nayara Energy, which operates a 20 million tonnes a year refinery in Gujarat and more than 6,000 fuel retail outlets across India. Oil trader Trafigura and Russian investment group UCP are other shareholders in Nayara. Nayara didn't respond to ET's email seeking to understand the impact of sanctions on the company.

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