The green microgrid project powers NTPC’s Energy Technology Research Alliance (NETRA) campus using a solar PV power generation system coupled with a hydrogen power storage system.
The “build now, decarbonize later” approach misses the opportunity to develop steel capacity using low-emissions technologies, which could make India a leader in green steel capacity, save on decarbonization efforts later, and reduce current and future stranded asset risk in the industry.
Reliance Power has secured the biggest slice of 930 MW. Other winners include NTPC Green Energy Ltd (500 MW), Hero Solar (270 MW), Sembcorp (150 MW) and Solarcraft (150 MW).
Avaada Group will invest across pumped storage, green hydrogen, green ammonia, wind and solar power projects in Rajasthan.
Servotech, in partnership with LESSzwei GmbH (LESS2), will develop a 100% solar-powered EV charging stations for micromobility in urban areas of Germany.
Gentari will set up around 2.4 GWp of solar and wind power generation capacity in India, backed with 350 MW/2100 MWh energy storage, to supply firm and dispatchable green power to AMG Ammonia’s facilities
By offering incentives for green hydrogen production and manufacturing electrolyzers, the government of India is making it easier for players to enter this space and scale up technologies. The focus on public-private partnerships is crucial to this effort, ensuring that both the public sector and private companies collaborate efficiently to make green hydrogen a reality impacting masses.
Top investors include SBI Mutual Fund, Kotak MF, NPS Trust, New World Fund, American Funds Insurance Series Global Growthfund, and Nippon Life.
The empanelled company will prepare detailed projects reports for THDC’s upcoming pumped storage projects across India.
Panasonic has launched a solar-powered hydrogen fuel cell project at its factory in Cardiff, Wales, with the microwave assembly now operating on renewable energy.
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