India and Saudi Arabia have agreed to cooperate to co-develop projects, co-produce green/clean hydrogen and renewable energy, and establish secure, reliable, and resilient supply chains of materials used in green/clean hydrogen and the renewable energy sector.
Brookfield and Axis Energy Ventures had earlier formed a joint venture platform ABC Renewables to develop renewable energy projects. The latest JV will have up to $845 million of equity investment by Brookfield.
NTPC Green Energy Ltd and Oil and Natural Gas Corp. Ltd (ONGC) have signed an agreement to collaborate in various areas of renewable energy (including energy storage, green hydrogen and its derivatives) in India and overseas.
NTPC Green Energy Ltd and Syama Prasad Mookerjee Port have signed a memorandum of understanding for the development of a green hydrogen hub at the Kolkata port.
Tata Power Renewable Energy Ltd (TPREL) and Dugar Power have partnered to deploy a range of on- and off-grid solar energy solutions in Nepal.
Adani Green Energy Ltd and French company TotalEnergies have agreed to create a new 50:50 joint venture (JV) with a 1,050 MW portfolio of solar and wind assets. TotalEnergies will make an equity investment of $300 million in the JV.
Adani New Industries Ltd (ANIL), an arm of Adani Group, expects to start green hydrogen production from its Gujarat facility by FY 2027.
Goldi Solar will work alongside Desert Technologies (DT) to localize a significant part of the renewable energy value chain in the Kingdom of Saudi Arabia.
NTPC Green Energy Ltd (NGEL) will collaborate with Nayara Energy, an oil refining and marketing company, to produce green hydrogen for Nayara Energy’s captive usage.
Avaada Energy and Al Jomaih Energy and Water (AEW) have signed a Memorandum of Understanding (MoU) to collaborate on renewable power projects, including solar, wind, hybrid, and battery energy storage solutions in the Middle East.
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