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PHDCCI makes recommendations for fast-tracking India’s National Green Hydrogen Mission 

The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.

Serentica Renewables secures INR 2,600 crore in debt funding from PFC

The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.

Waaree Renewable secures 52.6 MWp solar EPC project

Waaree Renewable Technologies will construct the ground-mount solar project for the group company of a leading power generator in India.

Adani Group forms JV for marketing of green hydrogen in Japanese market

Adani New Industries Ltd (ANIL), an arm of Adani Group, expects to start green hydrogen production from its Gujarat facility by FY 2027.

India’s solar module imports from China fell 76% YoY in H1 2023

India is seeing a large fall in solar panel imports from China as it prioritizes domestic solar manufacturing, finds a study by Ember.

Desert Technologies to develop renewable energy solutions for Essar’s green steel project in Saudi Arabia

Desert Technologies has signed a pact with Essar Group to develop renewable energy generation and storage solutions for Essar’s Flat Steel Complex in Saudi Arabia.

GMR Group secures $298 million smart metering project from UP discom

GMR Smart Electricity Distribution Private Ltd has secured a contract to install, integrate, and maintain smart meters in the Agra and Aligarh zone of Dakshinanchal Vidyut Vitran Nigam Ltd.

Ecoreco to start lithium battery recycling

E-waste recycler Eco Recycling (Ecoreco) will use the technology developed by the Centre for Materials for Electronics Technology (CMET), under India’s Ministry of Electronics & Information Technology (MeitY), to recover valuable elements from end-of-life lithium batteries.

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Amazon, Petronas to collaborate on clean energy growth 

Petronas arm Gentari will provide green mobility solutions to decarbonize Amazon’s India transportation network. Amazon Web Services (AWS) will support Petronas in designing and constructing a state-of-the-art plant to produce sustainable aviation fuel.

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Tata Power, SIDBI sign MoU on easy finance for MSME solar 

Micro, small, and medium enterprises (MSMEs) can avail SIDBI loans at low interest rates to fund rooftop solar PV plants or associated services from Tata Power or its authorized channel partners across India.

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