IndiGrid, BII, and Norfund form $300 million platform to develop greenfield transmission and BESS projects in India
IndiGrid has partnered with British International Investment (BII) and Norfund to form a $300 million platform, EnerGrid, to develop greenfield transmission and standalone battery energy storage system (BESS) projects in India.
The Hydrogen Stream: Advait Infratech arm increases investment in Norway’s fuel cell company TECO 2030
Advait Energy Holdings has made a further investment in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules.
IndiGrid partners BII, Norfund, and Techno Electric to develop transmission projects in India
British International Investment and Norfund will invest in IndiGrid’s three inter-state transmission system projects currently under-construction. These projects are expected to support evacuation of 6 GW of renewable energy in the states of Madhya Pradesh and Maharashtra. Techno will co-develop two of these projects.
Advait Energy invests in Norway’s TECO 2030
Advait Energy Holdings has invested in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules. Post this initial tranche of investment, it holds 2.63% shares of TECO 2030.
Advait Infratech sets up green hydrogen subsidiary in Norway
Advait Infratech’s wholly owned subsidiary, Advait Energy Holding AS, will engage in strategic collaboration and investments, services, marketing, manufacturing and exchanging technical know-how in the space of the green hydrogen ecosystem.
Reliance signs alkaline electrolyzer deal with Norway’s Nel
Through the agreement, Reliance gets access to Nel’s technology platform for manufacturing alkaline electrolyzers.
Reliance completes sale of REC’s polysilicon manufacturing unit
Reliance Industries Ltd (RIL) has completed sale of REC Solar Holdings’ kerf-based polysilicon manufacturing arm, REC Solar Norway, to Elkem ASA. It continues to retain the technology and intellectual property rights of kerf-based polysilicon post sale of REC Solar Norway.
Greenko ZeroC to supply renewable ammonia to Norway’s Yara
Greenko ZeroC will supply up to 50% of renewable ammonia from Phase 1 of its ammonia production facility in Kakinada.
Advait partners Norway’s TECO 2030 to produce fuel cells in India
Advait Infratech and Norway’s TECO 2030 have collaborated to develop, manufacture, and commercialise fuel cells based on TECO 2030 technology.
The Hydrogen Stream: Acme to supply 100,000 tons per annum of green ammonia to Yara
Acme has secured a long-term offtake contract with Norway’s Yara for 100,000 tons per annum of ammonia from renewables.
