Matrix Gas & Renewables raises INR 350 crore in pre-IPO round
Matrix Gas & Renewables stated the capital raise will accelerate its green hydrogen production projects and hydrogen electrolyzer manufacturing plant, in addition to advancing the company’s growth in the gas aggregation business.
The Hydrogen Stream: Acme to supply 100,000 tons per annum of green ammonia to Yara
Acme has secured a long-term offtake contract with Norway’s Yara for 100,000 tons per annum of ammonia from renewables.
Adani Group commits INR 28,000 crore to setting up 3.41 GW of pumped storage projects in Madhya Pradesh
Earlier this year, Adani Group also announced pumped storage investments in Tamil Nadu and Telangana.
The Hydrogen Stream: Prime Minister Narendra Modi inaugurates India’s first indigenous green hydrogen fuel cell ferry
Prime Minister Narendra Modi launched a green hydrogen fuel cell inland waterway vessel designed, developed and manufactured by Cochin Shipyard. He also inaugurated various other projects aimed at making Tamil Nadu’s V.O. Chidambaranar Port the first Green Hydrogen Hub Port of the country.
SECI unveils India’s largest solar-battery storage project
The battery energy storage system (BESS) with an installed capacity of 152.325 MWh has a dispatchable capacity of 100 MW AC (155.02 MW peak DC) solar power with 40 MW/120 MWh BESS. The project is located in Rajnandgaon, Chhattisgarh.
Socomec releases new modular energy storage system
Socomec says its new modular energy storage system includes a converter and up to six battery cabinets. At maximum capacity, it can store 1,116 kWh.
The rise of green finance: Financing the future of renewable energy in India
India has witnessed a surge in solar and wind energy projects, backed by investments from both domestic and international sources. Green finance plays a pivotal role in funding these projects.
The Hydrogen Stream: NTPC secures land lease agreement for 1,200-acre green hydrogen hub
NTPC Green Energy Ltd (NGEL) hax signed a land lease agreement with Andhra Pradesh Industrial Infrastructure Corp. (APIIC) for the development of an integrated green hydrogen hub on 1,200 acres land in Andhra Pradesh.
PM Narendra Modi lays foundation stone for Torrent’s solar, pumped storage, green hydrogen projects in Uttar Pradesh
Torrent Group will develop 4.15 GW of pumped storage, a 150 MW solar power plant, and a pilot green hydrogen production facility in the Indian state of Uttar Pradesh.
The Hydrogen Stream: ReNew begins work on 1.2 mmtpa green ammonia plant in Odisha
ReNew E-Fuels is developing a green ammonia plant with a production capacity of 1.2 mmtpa (million metric tonnes per annum) in the Indian state of Odisha.
