Vertical integration at scale key to reducing green hydrogen cost
Gautam Adani, chairman of Adani Group, says vertical integration at scale promises the greatest acceleration towards reducing the cost of green hydrogen from the current $3-5 per kilogram (kg) to the $1/kg mark.
Reliance to sell REC’s polysilicon manufacturing arm for $22 million
Reliance Industries Ltd (RIL) is selling REC Solar Holdings’ kerf-based polysilicon manufacturing arm REC Solar Norway to Elkem ASA, a silicon-based material provider. Upon completion of the sale, RIL will continue to retain the technology and intellectual property rights of kerf-based polysilicon.
Reliance, Jindal, Adani among winners of production-linked incentives for electrolyzer manufacturing
Eight companies emerged as winners in Solar Energy Corp. of India’s 1.5 GW electrolyzer manufacturing tender under the production-linked incentives scheme.
Avaada to develop 6 GW of hybrid wind-solar projects in Gujarat
Avaada Group has signed an agreement with the government of Gujarat to develop 6 GW of hybrid wind-solar projects with an investment of INR 40,000 crore.
NTPC signs green hydrogen MoUs with GSPC and GPPL
NTPC Green Energy Ltd (NGEL) has signed a memorandum of understanding for the blending of green hydrogen in the gas networks of Gujarat State Petroleum Corp. Ltd and green hydrogen mobility by setting up of green hydrogen fuelling stations in Gujarat. It has also signed an MoU with Gujarat Pipavav Port Ltd to develop a green hydrogen ecosystem, including production of green ammonia, for export and domestic market.
REC raises about INR 3,500 crore via Japanese Yen-denominated green bonds
Proceeds from the issue of the bonds will be applied to finance the eligible green projects.
Engie commits INR 17,200 crore investment in Gujarat
Engie will invest INR 17,200 crore towards the development of 2.5 GW of renewable energy projects by 2030 in Gujarat. It will also collaborate with the Gujarat government for decarbonization initiatives in the state.
Reliance’ green energy giga complex will be ready for commissioning this year, Adani announces further investment in Gujarat
Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.
Govt announces INR 515-crore solar power scheme for electrification of tribal areas
The Scheme targets the electrification of 100,000 un-electrified households in tribal areas by providing off-grid solar solutions free of cost. The solutions will be installed in areas where electricity supply through the grid is not techno-economically feasible.
Adani Green Energy to invest in pumped storage plants in Tamil Nadu
Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.
