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Strategic Alliances

Acme partners Norfund to invest in renewable energy projects in India

Indian developer Acme and the Norwegian investment fund have signed the framework agreement to co-invest in developing potential renewable energy projects in India.

HPCL, NTPC sign MoU on renewable energy and storage

Hindustan Petroleum Corp. Ltd and NTPC Green Energy Ltd will collaborate in renewable energy, energy storage, round-the-clock (RTC) power, electric mobility, and solar-wind value chain projects.

NTPC starts India’s first green hydrogen blending in PNG network

The state-owned power generator has started green hydrogen blending at 5% by volume in the piped natural gas (PNG) supply to households of NTPC Kawas township in Gujarat.

Adar Poonawalla-backed homiHydrogen to set up 1.5 GW electrolyzer fab in India

The $50 million electrolyzer factory is expected to start production in 2023. It will produce all four types of commercially available electrolyzers.

ONGC signs MoU with Shell for carbon capture, utilization and storage

India’s largest crude oil and natural gas company has signed an agreement with global energy giant Shell for joint study on carbon capture, utilization and storage.

Birla Carbon joins project to develop lithium battery-grade graphite from biocrude

The carbon black solutions manufacturer has embarked on a collaborative project to develop lithium battery-grade graphite sustainably using renewable feedstocks.

Israel’s Phinergy to present Tata car powered by its aluminum-air battery

The electric car powered by Phinergy aluminum-air battery will be on display in Auto Expo India 2023 at the booth of IOC Phinergy (IOP), a joint venture of Phinergy and State-run fossil fuel giant Indian Oil Corp.

GR Promoter Group forms green hydrogen JV with Spain’s H2B2

India’s GR Promoter Group has entered the green hydrogen market in a joint venture with Spanish hydrogen technology solutions provider H2B2. The JV will manufacture water-based electrolyzers and develop green hydrogen production plants based on off-taker agreements.

Erisha partners Germany’s Greenbox for green hydrogen business

Erisha E Mobility has formed a joint venture with Greenbox to manufacture a range of green hydrogen solutions by leveraging technologies developed by Greenbox.

Tdafoq Energy partners India’s Delectrik Systems for GWh-scale vanadium flow battery plant in Saudi Arabia

Tdafoq Energy will use Delectrik Systems’ technology to manufacture vanadium redox flow batteries in Saudi Arabia. Construction has already started on a manufacturing facility in Saudi Arabia, which will be scaled to a GWh capacity by 2025.

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