The widespread adoption of hydrogen energy has the potential to reduce India’s annual greenhouse gas emissions by 50 million tonnes by 2030. This transition will not only contribute significantly to global climate goals but also drive economic growth through job creation, increased energy security, and enhanced industrial competitiveness.
GAIL and AM Green have signed an agreement to jointly explore setting up of solar-wind hybrid projects to ensure round-the-clock supply of renewable energy to end users.
India’s largest natural gas company plans to partner with an undisclosed company to undertake vertically integrated solar manufacturing.
The MoU envisages exploring prospects in renewables, LNG for road transport, regasification of imported LNG, and import and handling of different hydrocarbons which are important chemical and petrochemical precursors.
The State government has signed agreements for various giga-scale projects across renewable energy generation, solar manufacturing, pumped hydro storage, and green hydrogen.
The state-owned natural gas company has started accepting domestic bids to install and commission 600 MW (AC) of solar capacity at Khavda Ultra Mega Solar Park. The prospective contractor will also provide ten years of comprehensive operation and maintenance for the PV plant.
The plant at its Jorhat oilfield in Assam will produce green hydrogen using anion exchange membrane (AEM) technology.
Startups looking for an equity investment from the state-owned gas utility can submit proposals online till January 24.
Government incentives driving state-owned enterprises’ investment away from the soon-to-be stranded fossil fuel based assets are a way of further boosting investment in the renewable energy sector.
The two state-owned units will jointly pursue commercial solar power projects through participation in tariff/viability gap funding (VGF) based competitive bidding.
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