Advait Energy Holdings has invested in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules. Post this initial tranche of investment, it holds 2.63% shares of TECO 2030.
Hygenco Green Energies and Mitsubishi Power have joined hands for delivering green hydrogen-/ammonia-fired gas turbine combined cycle (GTCC) power plants. Hygeno will develop and deploy green hydrogen and green ammonia production assets to supply green fuel for Mitsubishi Power’s GTCC technology to the potential customers.
Reliance Industries expects to commission its first train of solar module and cell manufacturing at Jamnagar within the current fiscal year.
Oriana Power Ltd is setting up a gigawatt-scale factory to produce alkaline electrolyzers and balance-of-plant (BOP) modules in partnership with US-based Splitwaters. The factory will be commissioned in two phases, with the first 500 MW phase to be operational by 2026.
To accelerate the adoption of technological innovation and digitalization in the renewable energy sector, concerted efforts are needed from policymakers, industry leaders, and technologists alike. Governments can create supportive policy environments, invest in research and development by providing incentives, at the same time supporting early-stage companies by creating favorable regulatory environments to fostering public-private partnerships.
H-TEC will be able to produce more than 1 GW of electrolyzers starting next year. “We installed the first production lines and will have our official opening in September this year,” Maximilian Kuhnert, sales manager at H-TEC, told pv magazine.
Thermax, which partnered with Australia’s Fortescue Future Industries (FFI) last year, is looking at different ways of green hydrogen generation for commercial and industrial customers in India.
Large-scale solar + storage deployment is the main option left to avoid power shortages, as they can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar + storage auction results, with a record low price of INR 3.4/kWh, show that such deployment will be highly economical, says a new study from the University of California’s India Energy and Climate Center.
Advait Infratech’s wholly owned subsidiary, A&G Hydrogen Technologies, will engage in the manufacturing and assembling, integral supplies, and trading of equipment to meet the requirements of green ammonia, green hydrogen and green methanol projects.
Even though fossil fuels still dominate global energy production at present, the movement for a changeover to cleaner forms of energy is building up. Renewables presently provide some 29 percent of all electricity generated; a figure bound to enormously rise in the next few years.
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