Hydrogen

India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.

The India–EU free trade agreement is emerging as a platform for climate-trade convergence. The climate dimension is not incidental—it’s already embedded in ongoing India–EU frameworks.

Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.

ICRA expects the Indian steel industry’s decarbonization to be gradual, with near-term emission reductions driven mainly by higher adoption of renewable energy and improvements in operational efficiency, as high costs and technology constraints limit faster decarbonization.

Kosol Energie has signed a memorandum of understanding (MoU) with the Government of Gujarat to invest INR 90,000 crore in the State. The company said the proposed investment will support the development of advanced solar module manufacturing facilities, next-generation R&D centers, large-scale renewable energy parks, and integrated green energy ecosystems.

The four-day Summit will focus on the entire power value chain, including power generation (with emphasis on clean energy systems such as solar, wind, hydro, green hydrogen, etc.), transmission and distribution, energy storage, and energy efficiency solutions.

Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the government of Gujarat for the establishment of a green ammonia production facility in Rajkot district with an investment of INR 10,000 crore. Additionally, it has proposed the implementation of PM-KUSUM Component-C projects at multiple locations across Gujarat

Elcogen, a European developer of solid oxide fuel cells and electrolysers, has announced its expansion into India and the wider Asia-Pacific region with the appointment of Anil Srikar Pavuluri as business development director for the region.

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.

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.