Transition VC launches INR 400 crore fund for energy startups
Transition VC will invest seed capital in 40 startups across sectors such as e-mobility, green hydrogen, energy storage, net-zero buildings and climate-tech over the next three years.
Hydrogen, carbon prices and electricity markets
The hydrogen economy, particularly green hydrogen, has a long growth path ahead.
India needs $300 billion to meet 2030 target of 500 GW non-fossil energy capacity
A new report by Arthur D. Little presents an integrated blueprint for India to achieve its true potential in the power sector with a focus on renewables.
GAIL, ADNOC to explore opportunities in renewables
Gas Authority of India Ltd (GAIL), a state-owned natural gas company, has signed a deal with Abu Dhabi National Oil Co. to explore collaboration opportunities in renewables and new energy projects.
UK-backed Neev Fund invests $25 million in Hygenco
Haryana-based Hygenco plans to develop and rapidly scale up multiple green hydrogen facilities across India in the next two years.
Jakson Green to develop $2.8 billion green ammonia and green hydrogen project in Rajasthan
Jakson Green, a new energy platform backed by Jakson Group, will set up a 365,000 tons per annum green hydrogen and green ammonia plant in Rajasthan. It will develop the plant, along with an integrated hybrid renewable power complex, in phases with a cumulative investment of about INR 22,400 crore.
NTPC, Mitsubishi sign MoU for hydrogen co-firing in Auraiya gas power plant
NTPC and Japan’s Mitsubishi Heavy Industries (MHI) have signed an agreement for hydrogen co-firing in MHI’s gas turbines installed at NTPC Auraiya gas power plant in Uttar Pradesh. The two companies will collaborate to carry out the study and identify key actions for introducing hydrogen co-firing blended with natural gas.
Torrent Group commits $7.28 billion renewables investment in Rajasthan
The Group will invest more than INR 60,000 crore ($7.28 billion) in setting up renewable energy projects, including green hydrogen, in the Indian state of Rajasthan.
Longi eyes green hydrogen market in India
Longi is entering the green hydrogen market in India with its alkaline electrolyzer offerings. It will also roll a next-generation Hi-MO solar module later this year, which, it says, will outshine all the prevailing panel technologies.
NTPC, GE Gas Power sign MoU for hydrogen co-firing in gas turbines
NTPC and GE Gas Power will collaborate to explore the feasibility of hydrogen co-firing blended with natural gas in GE’s 9E gas turbines installed at NTPC’s Kawas gas power plant in Gujarat. NTPC will provide H2 required for the project.
