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Markets & Policy

Reliance New Energy appoints COO for silicon crystal and wafering

Reliance New Energy, the new energy arm of Reliance Industries Ltd, has appointed former SunEdison president Hak Do Yoo as chief operating officer for silicon crystal and wafering.

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UK government warns of global warming risks related to hydrogen leaks

The UK Department for Business, Energy and Industrial Strategy has published new research showing that hydrogen leaks could have an indirect climate-warming impact, partly offsetting efforts to reduce carbon dioxide emissions.

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Greenko partners Belgium’s John Cockerill to build India’s largest hydrogen electrolyser factory

Indian renewable energy developer Greenko Group has partnered with Belgium’s John Cockerill to develop a green hydrogen electrolyzer factory with a capacity of 2GW per annum.  The partnership will also see the two companies jointly develop large-scale green hydrogen projects in India.

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APAC to lead global battery storage market, clock 68% share by 2026

The global battery energy storage market will grow to $10.84 billion in 2026, with around two-thirds of the demand concentrated in the Asia Pacific region. 

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NTPC, Gujarat Gas to start green hydrogen blended PNG supply project

To decarbonize the cooking sector, India’s premier energy utility NTPC has partnered city gas distribution company Gujarat Gas Limited on a pilot project to supply green hydrogen-blended piped natural gas. 

Abu Dhabi’s International Holding Company to invest US$ 2 billion in Adani Group’s green portfolio

Abu Dhabi-based International Holding Company (IHC) has signed the agreement to invest US$ 500 million in Adani Green Energy Ltd, US$ 500 million in Adani Transmission Ltd, and US$ 1 billion in Adani Enterprises Ltd.

India’s utility-scale PV capacity hit 41.7GW in December

India installed 41.7GW of cumulative utility-scale solar capacity as of Dec. 31, 2021. It has another 44.6GW in the pipeline.

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Rajasthan emerging as a solar hub

Rajasthan, which has already surpassed the 10GW milestone of installed PV capacity, has mopped up commitments for over INR 8 lakh crore of investment in the State’s energy sector alone.

AC Energy to invest in PV in Bangladesh

AC Energy has revealed plans to invest in solar projects throughout Asia, including Bangladesh, by forming a joint venture with Germany’s ib vogt GmbH.

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IndianOil, L&T and ReNew to form green hydrogen development JV

IndianOil, Larsen & Toubro, and ReNew will hold an equal stake in their proposed joint venture to develop, execute and own green hydrogen assets in India. Additionally, IndianOil and Larsen & Toubro will form a JV for the production and sale of electrolyzers.

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