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Strategic Alliances

Ayana Renewable, Greenstat Hydrogen to launch green hydrogen pilot in Karnataka   

Ayana Renewable Power and Greenstat Hydrogen India have signed an agreement to jointly develop green hydrogen projects in India. The first one will be launched in Karnataka.

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Energy Vault, NTPC sign MoU for gravity-based energy storage

Switzerland’s Energy Vault will support India’s state-run power producer NTPC in energy transition by deploying its gravity-based energy storage technology and software solutions.

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Larsen & Toubro, IIT Bombay partner on green hydrogen technology development

The Indian multinational EPC solutions provider has signed an agreement with the Indian Institute of Technology (IIT) Bombay to develop scalable and cost-effective solutions for green hydrogen production jointly.

THDC, Rajasthan government sign agreement for 10GW of solar parks

The State-run hydropower producer will develop 10 GW of solar park capacity in Rajasthan through a joint venture with Rajasthan Renewable Energy Limited (RRECL).

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Greenko partners Belgium’s John Cockerill to build India’s largest hydrogen electrolyser factory

Indian renewable energy developer Greenko Group has partnered with Belgium’s John Cockerill to develop a green hydrogen electrolyzer factory with a capacity of 2GW per annum.  The partnership will also see the two companies jointly develop large-scale green hydrogen projects in India.

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NTPC, Gujarat Gas to start green hydrogen blended PNG supply project

To decarbonize the cooking sector, India’s premier energy utility NTPC has partnered city gas distribution company Gujarat Gas Limited on a pilot project to supply green hydrogen-blended piped natural gas. 

IndianOil, L&T and ReNew to form green hydrogen development JV

IndianOil, Larsen & Toubro, and ReNew will hold an equal stake in their proposed joint venture to develop, execute and own green hydrogen assets in India. Additionally, IndianOil and Larsen & Toubro will form a JV for the production and sale of electrolyzers.

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NSEFI, HAI launch Green Hydrogen Consortium of Indian Industry

Through this initiative, the National Solar Energy Federation of India (NSEFI) and Hydrogen Association of India (HAI) will drive the industry response to promote indigenous manufacturing, advocate policy measures, and support pilot projects while facilitating industry-academia collaboration.

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ArcelorMittal, Greenko partner on a renewables-plus-storage project

UK-headquartered ArcelorMittal will own and fund a hybrid wind-solar project with energy storage for round-the-clock RE supply to the Hazira plant of its joint venture ArcelorMittal Nippon Steel India. Greenko will design, construct and operate the project. 

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Ola Electric invests in Israeli EV battery specialist StoreDot 

The Indian electric mobility player, which plans gigawatt-scale battery cell manufacturing, has embraced Israel-based StoreDot’s extreme-fast battery technology that charges from 0 to 100% in just five minutes.

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