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.
The Hydrogen Stream: Hydrogen grid could cut Europe’s energy costs by 3.4%
German researchers say gas-grid retrofits for hydrogen transport, combined with power grid expansion, could decarbonize Europe’s economy, while S&P says the global ammonia trade could expand by nearly 10 times by 2050.
The Hydrogen Stream: Scientists use perovskite compound to store ammonia
Japanese scientists have developed an organic-inorganic halide perovskite compound for the chemical storage of ammonia (NH3), while Bosch is preparing to exhibit new products in the hydrogen value chain.
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.
Tata Steel, UK to support low-carbon hydrogen projects for industrial decarbonization
The Indian steel giant, along with the UK government, has opened a call for innovative projects in low-carbon hydrogen to decarbonize the industrial sector. Two selected projects will be awarded £80,000 (INR 83 lakh) and provided priority access to Tata Steel’s integrated steel plant.
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.
Lhyfe launches world’s first offshore hydrogen project
Lhyfe has started producing offshore hydrogen via a pilot project in France, and Toyota and its partners have agreed to invest in hydrogen in Thailand. The Australian authorities, meanwhile, have approved a hydrogen project in Victoria.
India’s first hydrogen train to run on Jind-Sonipat route
Indian Railways plans to run 35 hydrogen trains on various heritage and hill routes in India.
India and Egypt talk renewable energy, green hydrogen
Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.
