Acme has secured a long-term offtake contract with Norway’s Yara for 100,000 tons per annum of ammonia from renewables.
Earlier this year, Adani Group also announced pumped storage investments in Tamil Nadu and Telangana.
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.
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.
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.
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.
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.
Scientists in Korea have developed a compressed air storage system that can be used as a combined cooling, heat, and power system and provide heat and power to solid-oxide electrolysis cells for hydrogen generation. It showed an overall roundtrip efficiency of 121.2% and over-unity efficiencies in the range of 100% to 120%.
The investment is required in building capacities across solar, hydro, wind, and waste-to-energy sectors, green hydrogen (including electrolyzers), batteries, and transmission.
Chief Minister of Odisha, Naveen Patnaik, laid the foundation stone for Acme Cleantech’s 1.1 mmtpa green ammonia plant and Avaada Green’s 0.5 mtpa green hydrogen/ammonia facility at Gopalpur Industrial Park.
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