Jakson Green has signed a Memorandum of Understanding with the Deendayal Port Authority to develop a green ammonia facility at Kandla Port in Gujarat. The plant is projected to produce 133,000 tons of green ammonia per annum.
Avaada has signed a memorandum of understanding with REC Ltd for $1.8 billion green ammonia project financing.
REC Ltd will provide debt funding totaling INR 31,000 crore (over $3.7 billion) to support two green hydrogen projects in Odisha. This includes INR 16,000 crore to Acme Group and INR 15,000 crore to Avaada.
The Japanese government has confirmed to pv magazine that it is launching a new support scheme for hydrogen in aviation, while Japanese investors continue to actively pursue participation in a green ammonia project in South Africa.
Hygenco Green Energies will construct and operate a 100% green hydrogen production plant in Maharashtra for supply to Sterlite Technologies Ltd’s glass preform plant located in Aurangabad.
Clean technology and ancillary equipment offer a cumulative $300-400 billion sales opportunity for Indian manufacturers within this decade, according to a new report by KPMG that says India has the potential to emerge as an alternative in the renewable energy supply chain.
India and Saudi Arabia have agreed to develop electrical interconnections and low-carbon hydrogen, while Masdar has partnered with Boeing ion the sustainable aviation fuel (SAF) industry.
India and Saudi Arabia have agreed to cooperate to co-develop projects, co-produce green/clean hydrogen and renewable energy, and establish secure, reliable, and resilient supply chains of materials used in green/clean hydrogen and the renewable energy sector.
Abu Dhabi National Oil Co. (ADNOC) has made a final investment decision and awarded contracts for the Hail and Ghasha offshore gas project, while Iveco and Hyundai have introduced the new Iveco Bus E-way H2 city bus.
NTPC Green Energy Ltd and Oil and Natural Gas Corp. Ltd (ONGC) have signed an agreement to collaborate in various areas of renewable energy (including energy storage, green hydrogen and its derivatives) in India and overseas.
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