Hygenco develops end-to-end green hydrogen and green ammonia assets on a build-own-operate and build-own-operate-transfer basis.
The state-owned power finance company has approved a debt funding of INR 6,075 crore (around $731 million) to Greenko’s 1.44 GW pumped storage project and over INR 3,081 crore ($371 million) to Serentica Renewables’ 560 MW solar-wind hybrid project.
Dubai Electricity and Water Authority’s (DEWA) Hatta pumped-storage hydroelectric power plant is now 74% complete, and it is expected to begin operations in the first half of 2025. The facility will also store electricity from the 5 GW Mohammed bin Rashid Al Maktoum Solar Park.
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.
The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.
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.
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.
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.
With battery storage such a crucial aspect of the energy transition, lithium-ion (li-ion) batteries are frequently referenced but what is the difference between NMC (nickel-manganese-cobalt), LFP (lithium ferro-phosphate), and LTO (lithium-titanium-oxide) devices and their underlying chemistry?
NTPC Green Energy Ltd (NGEL) will collaborate with Nayara Energy, an oil refining and marketing company, to produce green hydrogen for Nayara Energy’s captive usage.
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