Gentari, Greenko founders partner on green ammonia production and export from India
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.
REC approves over $1.1 billion in debt funding for solar-wind, pumped storage projects
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 to develop 330 MW of renewable energy capacity for Hindalco
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 signs 1.5 GWh storage contract with Greenko
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 to join Germany’s green hydrogen strategy update
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.
ONGC targets 10 GW renewables by 2030
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 to supply 1.3 GW of round-the-clock renewable power for Greenko’s green ammonia plant
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.
Adani to develop 15 GW of renewable energy projects in Andhra Pradesh
Adani Group has committed to building 15 GW of renewable power projects in Andhra Pradesh, while Reliance announced its 10 GW solar plans for the state. Avaada, Greenko, Indosol, and ReNew have also pledged massive investments into the state’s renewables sector.
Greenko places 140 MW electrolyzers order with Belgium’s John Cockerill
John Cockerill will supply 28 units of 5 MW alkaline electrolyzers for use in the development of a green ammonia plant in the Indian state of Himachal Pradesh.
Rajasthan signs MoUs worth $14.85 billion for renewable energy, storage, and hydrogen projects
The State government has signed agreements for various giga-scale projects across renewable energy generation, solar manufacturing, pumped hydro storage, and green hydrogen.
