VNG AG and HyCC to develop 500 MW green hydrogen electrolyser in Germany
Author: PPD Team Date: December 9, 2024
Author: PPD Team Date: December 9, 2024
VNG AG, its subsidiary VNG Handel & Vertrieb GmbH (VNG H&V), and Dutch hydrogen company HyCC are planning to jointly develop a 500 MW electrolyser for green hydrogen production in Lutherstadt Wittenberg, Germany.Â
The green hydrogen will be used by local industries, including SKW Piesteritz, to reduce carbon dioxide emissions by replacing natural gas.
The GreenRoot project aims to support regional decarbonisation and could potentially supply other industries in the Central German chemical triangle through a planned connection to the German hydrogen network.Â
The partners will begin the approval and consultation phase in 2025, make the final investment decision in 2026, and start operations by 2029.Â
The project will also explore synergies with municipal utilities to provide heat from the facility and has support from local stakeholders, including the Saxony-Anhalt government.
Author: PPD Team Date: January 8, 2025 British consumers are expected to pay over £1.8 billion in 2025 to help manage the power grid, as maintenance and grid limitations restrict the movement of renewable electricity from Scotland to cities in England. These costs, aimed at balancing supply and demand, challenge the UK government as it works to increase wind energy capacity while lowering electricity bills. Despite an increase in wind power, the grid’s limitations and…
Author: PPD Team Date: May 26, 2025 Juno Joule Green Energy Private Limited has signed a memorandum of understanding (MoU) with Germany’s Select Energy GmbH to co-develop a green hydrogen and ammonia export facility at Mulapeta port in Andhra Pradesh. The total investment for the project is estimated at $1.3 billion. The facility will be developed in three phases. By 2029, it aims to produce 180,000 tonnes of green hydrogen annually. This will be converted…
Author: PPD Team Date: May 30, 2025 The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval of solar photovoltaic (SPV) modules under the Solar Systems, Devices and Components Goods Order, 2025. The rules aim to help labs and manufacturers group similar products for testing and certification. The draft defines how to form a product family based on shared design, construction, and components. It allows testing of modules from different…
Author: PPD Team Date: January 5, 2026 KPI Green Energy Limited has begun 2026 with multiple developments, including securing its first large Battery Energy Storage System project and commissioning a major hybrid project ahead of schedule in Gujarat. The updates were shared through regulatory filings made between 01 January and 03 January 2026. In its latest filing, KPI Green stated that its subsidiary Sun Drops Energia Private Limited has received a Letter of Intent from…
Author: PPD Team Date: January 15, 2025 Investment funds managed by KKR and the Public Sector Pension Investment Board (PSP Investments) have agreed to acquire a 19.9% stake in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission companies for $2.82 billion. KKR and PSP Investments have established a 50/50 strategic partnership to complete the acquisition. The investment will support AEP in addressing increasing customer demand and improving grid reliability. AEP will retain majority…
Author: PPD Team Date: February 13, 2025 The US Energy Information Administration (EIA) has forecast that power consumption in the United States will reach record levels in 2025 and 2026. The surge is attributed to the growing electricity demand from data centres focused on artificial intelligence and cryptocurrency, alongside increased usage in homes and businesses for heating and transportation, as reported by Reuters. The EIA projects that power demand will rise to 4,179 billion kilowatt-hours…