Tag: Organizations

News

Dastur Energy recognized with the Decarbonization Excellence Partner Award

Jul 1, 2024 by Mansi Praharaj 0 Comments #5th edition of the Global Refining & Petrochemicals Congress (GRPC 2024)., #Atanu Mukherjee, #carbon capture, #carbon management., #CEO Dastur Energy, #clean energy technology company, #clean energy transition, #Dastur Energy, #Decarbonization Excellence Partner" award, #Downstream India Excellence Awards 2024., #Global Refining & Petrochemicals Congress (GRPC 2024), #Governing Council of The Global Refining & Petrochemicals Congress (GRPC 2024), #Hotel Le Meridien., #hydrogen, #India, #Indian downstream Oil & Gas industry, #industrial decarbonization, #industry leaders, #innovation, #M. N. Dastur & Co. (P) Ltd., #management, #New Delhi, #NITI Aayog, #North America, #Organizations, #Research, #technoeconomic, #Technology, #the Middle East, #the United States Department of Energy, #thought leadership, #United States Trade, #United States Trade and Development Agency., #utilization & sequestration

01st July 2024: Dastur Energy, a leading clean energy technology company, has been named winner of the “Decarbonization Excellence Partner” award by the Governing Council of The Global Refining & Petrochemicals Congress (GRPC 2024) & Organizers of the Downstream India Excellence Awards 2024.

The Award recognizes Dastur Energy’s significant contributions towards enabling industrial-scale clean energy transformation by offering deep expertise across the industrial decarbonization value chain including – renewable energy, clean fuels like hydrogen, production process changes, and carbon capture, utilization & sequestration. Dastur Energy’s team of industrial decarbonization, technoeconomic, regulatory, and project risk experts deliver – a cost-effective strategic approach that is designed to deliver significant business impact while enabling clean energy transition and carbon management.

The Award, held in association with the Global Refining & Petrochemicals Congress (GRPC 2024), recognizes industry leaders and organizations that have demonstrated excellence in thought leadership, management, research, technology, innovation, and overall operations in the Indian downstream Oil & Gas industry.

Atanu Mukherjee, CEO Dastur Energy, expressed his gratitude for the award, stating, “We are honoured to receive this prestigious award which recognizes our commitment to developing innovative solutions that enable the transition to a sustainable future.”

The award was announced and conferred during the ceremony and networking reception held on June 27, 2024, at Hotel Le Meridien, New Delhi, as part of the 5th edition of the Global Refining & Petrochemicals Congress (GRPC 2024).

Dastur Energy, a subsidiary of M. N. Dastur & Co. (P) Ltd., has been successfully delivering industrial-scale clean energy transition and carbon management solutions for companies in the ‘hard to abate’ sectors in North America, the Middle East, and India. In addition, the company has been closely associated as a partner and thought leader enabling pioneering projects funded by governmental entities like – NITI-Aayog, the United States Department of Energy, United States Trade and Development Agency.

Business

Honeywell to Provide Automation Solutions for Volts Gigafactory in the Uae

May 23, 2024 by Sujata Muguda 0 Comments #Abu Dhabi, #Andrey Kozhevin, #Automation Solutions for Volts Gigafactory, #George Bou Mitri, #Honeywell, #Honeywell and Volts United Arab Emirates, #Honeywell Industrial Automation in MENA, #Mumbai, #Organizations, #Residential Energy Storage Systems, #Vladimir Mlynchik, #Volts UAE Ltd

Mumbai, India – May 23, 2024 — Honeywell and Volts United Arab Emirates (UAE) announce plans to join forces for the construction of the first gigafactory in Abu Dhabi focused on delivering battery cells for Residential Energy Storage Systems (RESS). Building on sustainability discussions that took place at COP28 in the UAE, the gigafactory is slated for completion by the end of 2026.

Honeywell-Logo

As part of the collaboration, Honeywell will provide advanced solutions for equipment and software – with a focus on factory automation, digitalization and closed loop control systems – while serving as a key technological partner for Volts.

George Bou Mitri, VP and GM of Honeywell Industrial Automation in MENA, said: “There is a clear link between the UAE’s commitment to sustainability and Honeywell’s global focus on its three megatrends, in this instance specifically the energy transition. This collaboration with Volts will serve to further the nation’s drive toward sustainable and renewable sources of energy and support the realization of the closing agreement at COP28, which helped lay the framework for an equitable energy transition.”

Operating in the Middle East for more than 70 years, Honeywell’s solutions blend physical products with advanced software to create value for customers while supporting long-term national development visions and economic diversification across the region. The company has a range of technologies geared towards supporting the sustainability – and wider environmental, social and governance (ESG) – objectives of customers across the region.

Volts, a leading producer of energy storage in Abu Dhabi, is leading the project to provide affordable and clean energy for the Emirates, w supporting the UAE’s Energy Strategy 2050.

Andrey Kozhevin, Managing Partner of Volts UAE Ltd. said: “Our great strategic partnership with Honeywell, which brings years of experience in gigafactory automation worldwide, plays a key role in guaranteeing the project launches on schedule and at the highest innovation standards. This year marks the UAE’s second year of sustainable development, aligning with the president’s directives and the UAE Energy Strategy 2050. By attracting top talent and best-in-class equipment to the first gigafactory project, we are confident in building a sustainable future with a reliable product made right here in the Emirates.”

Vladimir Mlynchik, Founder of Volts UAE Ltd. said: “Honeywell is one of the world’s automation and energy transition technology leaders, with deep expertise across critical economic sectors, including the provision of energy. We are proud to be partnering with Honeywell on our gigafactory project, and are convinced that our joint efforts will accelerate the region’s efforts to lead a long-term, sustainable energy transition.”

This strategic partnership reflects the commitment by both organizations to develop innovative technologies and sustainable energy solutions, contributing to the further advancement of the energy sector and environmental sustainability.