NTPC Green energy Ltd (NGEL) and New and Renewable Energy Development Corp. of Andhra Pradesh (NREDCAP) have entered a joint venture agreement to develop 25 GW of renewable energy projects, 0.5 mmtpa of green hydrogen and derivatives projects, and 10 GW of pumped hydro projects in the state.
The collaboration will focus on enhancing knowledge exchange on market-based mechanisms and fostering cooperation between India and renewable hydrogen importing countries.
Transitioning the steel industry to green hydrogen will be a complex journey, but the groundwork is already being laid. India’s pilot projects, along with sustained investment in renewable energy and hydrogen infrastructure, create a strong foundation for a cleaner future.
If India is to lead the global green energy revolution, the nation needs to take several key measures such as redirecting financial support from traditional energy sources to clean energy technologies, introduction of a well-structured carbon pricing mechanism, and incentivizing emerging technologies.
The demonstration plant will produce about 1 tonne of green hydrogen per day by gasifying about 25 tonnes of municipal solid waste or agri-waste per day.
This joint venture company will venture into various renewable energy and new energy opportunities including solar, wind, energy storage, green molecule, e-mobility, carbon credits, green credits, etc.
The Indo-German Green Hydrogen Roadmap outlines key strategies to encourage private sector investment, promote green hydrogen trade and export, and facilitate the exchange of information, particularly around challenging hard-to-abate sectors and certification standards.
Anil K Agrawal, founder and chief executive officer, Airox Nigen Group, spoke to pv magazine ahead of the launch of the company’s new arm Aspire Hydrogen. Led by Aniruddh Agrawal, Aspire Hydrogen will set up an integrated green hydrogen value chain in Haryana. This incidentally coincides with 30 year completion of Airox Nigen.
The electrolyser, manufactured at GreenH Electrolysis’ plant in India, will produce around 430 kg of hydrogen daily to fuel India’s first hydrogen train of the Indian Railways
Avaada Group plans INR 1 lakh crore ($12 billion) investment to set up a 1.2 GW pumped hydro storage project, a 1 mtpa green ammonia project, a 1 GW wind power project, and a 10 GW solar power project in Rajasthan.
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