Greenko

The 700 MWp solar project, spanning across a 2,200-acre site in the Kurnool District of Andhra Pradesh, marks Amara Raja Infra’s largest-capacity solar project to date.

Greenko founders-owned AM Green will partner with Chinese multinational Envision Energy to manufacture wind turbines in India for green energy projects of AM Green and its customers. The two companies will also collaborate on net-zero industrial parks and green hydrogen projects in India and globally.

The government’s production-linked incentive (PLI) scheme for electrolyzer manufacturing has received an overwhelming response with bids received for 2.28 times the capacity to be awarded.

Gentari and Greenko founders-owned AM Green will jointly invest in the green ammonia platform, AMG Ammonia, to produce and export green ammonia from India. Both partners bring complementary capabilities across the green hydrogen value chain, including renewable energy, electrolyzers, and ammonia production and marketing capabilities. GIC will also invest in AMG Ammonia.

The state-owned power finance company has approved a debt funding of INR 6,075 crore (around $731 million) to Greenko’s 1.44 GW pumped storage project and over INR 3,081 crore ($371 million) to Serentica Renewables’ 560 MW solar-wind hybrid project.

Ayana Renewable Power has signed an agreement with aluminum and copper manufacturer Hindalco for a round-the-clock supply of 100 MW RE power. It will develop 330 MW of solar and wind power generation capacity, backed with pumped hydro storage solutions from Greenko Energies, to supply carbon-free power to Hindalco.

Serentica Renewables has contracted 1.5 GWh of dedicated six-hour energy storage capacity to provide round-the-clock green energy to its industrial customers.

India will use its internal market to scale up hydrogen projects, with Germany as a possible export destination. As part of a broader strategy, the countries will collaborate on a financial and technological level on energy transition projects.

State-run explorer Oil and Natural Gas Corp. Ltd (ONGC) said it plans to invest INR 1,000 billion into building 10 GW of renewable energy capacity by 2030.

NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.