India’s Reliance Industries sees the response to climate change as a huge opportunity to create value through a new energy and materials business. The company aims to set up a fully integrated, end-to-end renewable energy ecosystem.
EPC contractor Larsen & Toubro has partnered with renewable energy developer ReNew Power to develop end-to-end competitive solutions in green hydrogen.
The Indian Renewable Energy Development Agency Ltd (IREDA) shall provide its techno-financial expertise to help Brahmaputra Valley Fertilizer Corporation Limited develop renewable energy, green hydrogen, green ammonia, and energy efficiency and conservation projects.
The private-sector power producer will group its renewable energy business under wholly-owned arm JSW Neo Energy as it targets growth in renewable energy generation, energy storage, and green hydrogen business.
USA-headquartered Ohmium International, through its subsidiary in India, manufactures modular-interlocking proton exchange membrane (PEM) electrolyzers for hydrogen production. The company aims to make India a nucleus for global hydrogen-based green energy solutions with R&D centers in Silicon Valley (USA) and Bengaluru (India).
Out of this, investments totaling US$ 8.4 trillion would be needed by the power sector alone to significantly scale up generation from renewable energy and associated integration, distribution and transmission infrastructure. Another US$ 1.5 trillion would have to be invested in the industrial sector for setting up green hydrogen production capacity to advance the sector’s decarbonization. Investment needed for the mobility infrastructure would be US$ 198 billion.
The company’s board of directors have approved the formation of a wholly-owned subsidiary for solar PV, wind and hybrid power generation (including battery energy storage systems), green hydrogen, and other renewable energy ventures.
India’s largest state-owned natural gas company is looking to buy a 10 MW electrolyzer to produce 4.5 tons of green hydrogen daily.
Reliance New Energy Solar has signed an agreement with Danish firm Stiesdal A/S to develop and manufacture Stiesdal HydroGen electrolyzers for green hydrogen production in India.
The current proposed draft policy has the potential to act as a game-changer for the renewable energy industry. However, the government needs to relook at certain elements.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.