The Hydrogen Stream: Gensol, Matrix to set up India’s first green hydrogen valley in Pune
Gensol Engineering and Matrix Gas & Renewables will set up a green hydrogen production plant on a build-own-operate basis, for offtake by the specialty chemical sector.
“We want to make India a global hub for Green Hydrogen”: Prime minister Narendra Modi
“The National Green Hydrogen Mission is giving an impetus to innovation, infrastructure, industry and investment,” said Prime minister Narendra Modi in his inaugural address at 2nd International Conference on Green Hydrogen.
NVVN increases battery storage tender size to 500 MW/1,000 MWh
NTPC Vidyut Vyapar Nigam Ltd has doubled the standalone battery energy storage system (BESS) tender size to 500 MW/1,000 MWh with maximum capacity up to 250 MW/500 MWh at each substation. However, a developer can bid only for 50% of the total tender capacity.
India to face significant land, water challenges in scaling renewables beyond 1.5 TW, says CEEW study
A new report by CEEW states that India’s unconstrained RE potential exceeds 24 TW (terawatts), but not all of it is achievable. Even reaching the 7 TW required to achieve net-zero emissions by 2070 will require a holistic approach to addressing challenges such as land access, climate risks, land conflicts, and population density.
Actis invests in 3.5 GW/4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake.
Pathway to a green transition
In this article for pv magazine, Naresh Mansukhani, chief executive officer, Juniper Green Energy, writes about the barriers to India’s transition to green energy and suggests the way forward.
India’s decarbonization presents $12 trillion opportunity in clean technologies
A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.
India to host 2nd edition of International Conference on Green Hydrogen from Sept 11-13
The three-day event in New Delhi will bring together thought leaders, policymakers, industry experts, and innovators from around the world to explore the latest advancements in green hydrogen technology.
GUVNL launches 1.6 GWh battery storage tender
Gujarat Urja Vikas Nigam Ltd (GUVNL) is accepting bids to set up standalone battery energy storage systems (BESS), connected with the State Grid, for an aggregate storage capacity of 800 MWh (400 MW x 2 hours). It may offer an additional 800 MWh (400 MW x2 hours) under green shoe option to successful bidders provided they match the lowest discovered price.
L&T creates renewable EPC vertical
Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
