NTPC, Chidambaranar Port collaborate to develop green hydrogen hub
NTPC Green Energy Ltd (NGEL) will collaborate with V.O Chidambaranar Port Authority (VOCPA) to develop a green hydrogen hub at VOCPA, Tuticorin, in Tamil Nadu.
The importance of solar mini-grids in universalizing energy access
As solar energy becomes the most cost-effective form of energy generation in many countries, with clear climate, energy, and economic benefits, its acceptance and political support are growing. To enhance resilience and sustainability, strategies that incorporate a diverse energy mix, combining centralized and distributed renewable generation, are most effective, especially in underserved nations.
Brazil could produce green hydrogen for $2.87/kg, says consultancy
Sao Paulo-based Clean Energy Latin America says green hydrogen could be produced in Brazil at a levelized cost of hydrogen (LCoH) of $2.87 and $3.56 per kg in some strategic locations.
Six states account for 60% of EV sales in first eight months of 2023
A new analysis shows sales of electric vehicles (EVs) in India in the first eight months of 2023 has already reached the annual sales volumes for 2022. It also reveals only a handful of states are driving the electric mobility adoption.
Avaada Group to set up green hydrogen, ammonia plant in Odisha
Avaada Group has signed a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Ltd to establish a green hydrogen and ammonia production unit at Gopalpur Industrial Park in Odisha
Cabinet approves viability gap funding scheme for battery storage development
Through the viability gap funding (VGF) scheme, the Indian government targets the development of 4 GWh of battery energy storage systems (BESS) by 2030-31. The selection of BESS developers for VGF grants will be carried out through a transparent, competitive bidding process.
Jakson Green hits INR 5,000 crore renewable order book within a year
Jakson Green has won utility-scale renewable EPC projects in West African, the Gulf Cooperation Council (GCC), and Commonwealth of Independent States (CIS) countries, in addition to significant solar contracts in Madhya Pradesh and Gujarat.
Government considering viability gap funding, ALMM mandate for battery storage projects
The Indian government is considering financial incentives such as viability gap funding and green finance to encourage the adoption of energy storage systems in the country. It may also issue an Approved List of Models and Manufacturers (ALMM) mandate for battery storage systems for power sector applications.
The Hydrogen Stream: Gulf nations moving forward with tech cooperation
Acwa Power and Eni have signed a hydrogen development deal, while AFC Energy has signed an agreement with Tamgo to sell hydrogen generators.
IREDA, IIFCL team up to finance renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) and India Infrastructure Finance Co. Ltd (IIFCL) will engage in co-lending and loan syndication for all categories of renewable energy projects.
