ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
Future of distributed green hydrogen in India
India can gain an edge in green hydrogen by focusing more on making its production accessible and affordable. Using the distributed business model and building an enabling regulatory framework will stimulate wider acceptance.
Avaada announces $2.44 billion REC funding for energy transition projects
Avaada has signed an agreement with REC for INR 20,000 crore (around $2.44 billion) investment to fund its multiple projects over the next five years.
JSW Energy targets 40 GWh/5 GW of storage capacity by 2030
JSW Energy targets to become a 20 GW power generation company along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.
EIB to provide EUR 1 billion for India’s National Green Hydrogen Mission
European Investment Bank (EIB) Vice-President Kris Peeters will confirm a EUR 1 billion loan for India’s National Green Hydrogen Mission on his four-day business visit to India this week.
Hild Electric signs 600 MW alkaline electrolyzers deal with NTPC
NTPC, India’s largest power company, will use Hild Electric’s green hydrogen production technology to decarbonize energy, transport and ammonia projects.
India tenders 450,000 MT/year of green hydrogen capacity under incentives scheme
The Solar Energy Corp. of India (SECI) is accepting bids to set up green hydrogen production capacity of 450,000 metric tonnes per year in India under the government’s incentives scheme.
India drafts R&D roadmap for green hydrogen ecosystem
The draft R&D roadmap recommends research and development actions for each part of the green hydrogen value chain, including hydrogen production, storage, transport, and end-use applications.
Torrent starts blending green hydrogen in city gas distribution network
Torrent has started a pilot project to blend green hydrogen with natural gas in the city gas distribution (CGD) network of Gorakhpur, Uttar Pradesh.
Govt releases incentive guidelines for green hydrogen, electrolyzer production
The Ministry of New and Renewable Energy (MNRE) has notified the guidelines for its incentive schemes to promote the domestic production of green hydrogen and electrolyzers.
