A review of 60 renewable energy studies finds that by 2050, solar PV and wind could supply 80–100% of electricity, but overly conservative Capex assumptions and simplified PV modeling often underestimate deployment potential. While future PV costs depend on supply chains and geopolitical risks, historical experience suggests medium-term risks are manageable, and material constraints are being resolved.
Italy’s energy regulator ARERA has approved a proposal from the Ministry of the Environment and Energy Security to target 16 GWh of storage capacity in the 2029 MACSE auction, while urging caution on final volumes to reflect existing pipeline capacity.
NeuEN Green Energy Pvt. Ltd. (NeuEN), a 50:50 joint venture between Bharat Petroleum Corp. Ltd (BPCL) and Sembcorp Green Hydrogen India, has secured a contract to supply 10,000 tonnes per annum (10 ktpa) of green hydrogen to Numaligarh Refinery Ltd (NRL).
India has launched the Hydrogen Valley Innovation Cluster under the National Green Hydrogen Mission to accelerate the transition of green hydrogen technologies from laboratory research to industrial deployment.
NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.
NTPC’s R&D wing NETRA will set up a plasma gasification-based green hydrogen plant on its campus at Greater Noida. The plant will be designed to produce one tonne of green hydrogen per day.
Eleven European solar module makers say Italy’s 2026 tax incentive unfairly favors heterojunction (HJT) technology, risks higher costs and limits competition across the PV market.
The Centre of Excellence, operated from the campus of IIT Kanpur and HBTU Kanpur, will prioritize research and development focused on green hydrogen production, storage, transportation, safety standards, testing, demonstrations, and industrial use. Special emphasis will be on applied research and technological solutions for industries such as refineries, fertilizers, transportation, manufacturing, and energy systems.
The European Commission says its new grids package includes €240 billion ($281.8 billion) for hydrogen networks to 2040, alongside fresh Italian State aid for clean tech deployment.
The procurement exercise had initially attracted 1,387 project proposals with a combined capacity of 17,537 MW, according the Italian energy agency GSE.
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