India, Saudi Arabia sign MoU in green hydrogen and supply chains
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.
The Hydrogen Stream: ADNOC bets on blue hydrogen
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.
Lithium-ion batteries differ in terms of risk
As the energy storage trend unfolds, stories litter the media landscape about lithium-ion batteries catching fire, and even exploding. This is a valid concern, as the time for consumers to understand a basic truth about lithium-ion batteries is long past due.
Epsilon Group acquires LFP cathode technology centre in Germany
The purchase follows Epsilon’s recent $1.1 billion investment in the establishment of a 100,000-ton cathode battery materials manufacturing facility in Karnataka, India.
India needs 36% YoY increase in annual solar capacity additions to reach FY 2027 target of 186 GW
India needs to ramp up its annual solar capacity additions by 36% year-on-year to reach an installed PV base of 185.6 GW by FY 2027, targeted under 14th National Electricity Plan. The nation installed 66.7 GW of PV capacity as of March 31, 2023, with 12.9 GW added in FY 2023.
Amara Raja Batteries is now Amara Raja Energy & Mobility
Amara Raja Batteries has changed its name to Amara Raja Energy & Mobility as it directs its focus to becoming a comprehensive solutions provider in the energy and mobility space.
JSW Cement begins EV trials to reduce carbon footprint in logistics
JSW Cement plans to transition to EV trucks across its manufacturing operations. Toward achieving that goal, it has initiated an EV truck pilot project between its manufacturing operations in Karnataka and Andhra Pradesh.
Brookfield, Axis form second JV to develop renewable energy projects
Brookfield and Axis Energy Ventures had earlier formed a joint venture platform ABC Renewables to develop renewable energy projects. The latest JV will have up to $845 million of equity investment by Brookfield.
NTPC, ONGC to collaborate for renewable energy projects
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.
India’s green hydrogen will be the cheapest in the world: Power minister
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
