PHDCCI makes recommendations for fast-tracking India’s National Green Hydrogen Mission
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.
Serentica Renewables secures INR 2,600 crore in debt funding from PFC
The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.
Desert Technologies to develop renewable energy solutions for Essar’s green steel project in Saudi Arabia
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.
Ecoreco to start lithium battery recycling
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.
Amazon, Petronas to collaborate on clean energy growth
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.
The Battery Cycle: NMC, LFP, LTO – What’s the difference?
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, Nayara Energy sign MoU on green hydrogen production
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.
Avaada Energy, Al Jomaih to collaborate on renewable energy projects in the Middle East
Avaada Energy and Al Jomaih Energy and Water (AEW) have signed a Memorandum of Understanding (MoU) to collaborate on renewable power projects, including solar, wind, hybrid, and battery energy storage solutions in the Middle East.
India, USA to set up $1 billion renewable infrastructure investment fund
India’s National Investment and Infrastructure Fund and the U.S. Development Finance Corp. will provide up to $500 million each to anchor a $1 billion fund to support the deployment of renewable energy projects in India.
G20 to pursue tripling of renewable energy capacity globally by 2030
The leaders of G20 nations noted the climate finance requirements of developing countries. They agreed to work towards facilitating low-cost finance for energy transition in developing nations.
