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Sembcorp signs MoUs to explore green hydrogen facility in Odisha

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Sembcorp Industries has signed two non-binding Memorandums of Understanding (MoUs) with the Government of Odisha to explore the development of a green hydrogen production facility and an industrial park.  The MoUs involve Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Limited, collaborating with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation. The first MoU involves assessing the feasibility of a green hydrogen facility with an…

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NTPC REL partners with Deendayal Port Authority for green hydrogen project

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NTPC Renewable Energy Limited (NTPC REL) has signed a memorandum of understanding (MoU) with Deendayal Port Authority to establish a green hydrogen fueling station and deploy 11 hydrogen-powered buses at Kandla Port, Gujarat. This initiative seeks to replace fossil fuel-based buses at the port, advancing clean energy adoption while supporting decarbonisation and energy security.

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AES Andes submits EIA for industrial-scale green hydrogen project in Chile

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AES Andes has submitted an Environmental Impact Assessment (EIA) to Chilean authorities for its proposed Inna green hydrogen project, which is aligned with Chile’s National Green Hydrogen Strategy.  The project is in its early stages of development and focuses on producing green hydrogen for both export and domestic use. In addition, AES Andes has signed a memorandum of understanding (MOU) with Samsung C&T to jointly evaluate the development of the Inna project. The partnership will…

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India’s renewable energy sector set for major growth

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India’s renewable energy sector has made significant strides, with installed capacity surpassing 200 gigawatts (GW) and projections of investment doubling to over Rs 2.75 trillion by 2025. According to the International Energy Agency (IEA), India’s annual renewable capacity additions are set to grow faster than any other major economy, including China, with expectations for the country’s capacity to more than quadruple from 15 GW in 2023 to 62 GW by 2030. Union Minister for New…

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Jakson Group and OMC Power partner for solar rooftop project in Uttar Pradesh

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Jakson Group and OMC Power have partnered to implement a 50 MW solar rooftop project valued at Rs 2 billion.  This initiative will offset 62,500 tonnes of carbon emissions annually, equal to planting 2.5 million trees.  Jakson Group will deploy rooftop systems across all 75 districts of Uttar Pradesh, supporting the state’s clean energy transition.

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PFCCL forms SPV for Mundra transmission system

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PFC Consulting Limited (PFCCL) has incorporated Mundra I Transmission Limited, a special purpose vehicle (SPV), for developing the transmission system to supply power to Green Hydrogen and Ammonia manufacturing facilities in the Mundra area of Gujarat (3 GW) under Phase-I Part B1. This was announced on December 27, 2024. PFCCL has been designated as the bid process coordinator (BPC) to select a transmission service provider (TSP) through the tariff-based competitive bidding (TBCB) process.

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Oil India to set up subsidiary for green energy foray

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Oil India Limited (OIL) has announced the establishment of a wholly-owned subsidiary, OIL Green Energy, to manage its green and alternative energy ventures.  The company plans to invest Rs 250 billion by 2040 to diversify into renewable energy and decarbonisation technologies. The subsidiary will oversee initiatives in biofuels, green hydrogen, renewable energy, carbon capture utilization and storage (CCUS), methanol, and geothermal energy.  OIL aims for non-fossil fuel energy to constitute 5-7% of its total energy…

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CIP acquires majority stake in Toqlukuti’k Wind & Hydrogen project

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Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), has acquired a majority stake in the Toqlukuti’k Wind & Hydrogen project, a large-scale onshore wind and hydrogen initiative in Newfoundland & Labrador, Canada.  The stake was purchased from Germany-based ABO Energy, which remains a minority shareholder and co-developer. The project aims to produce green hydrogen and ammonia, leveraging Newfoundland’s wind resources, existing infrastructure, and provincial support.  CIP has been expanding its portfolio…

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Rajasthan signs MoUs worth Rs 104.5 billion for renewable energy projects

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The Government of Rajasthan (GoR) has signed Memorandum of Understandings (MoUs) valued at Rs 104.5 billion with Prudential Sugar Corporation Limited and Oriana Power Private Limited for renewable energy (RE) projects under the “Rising Rajasthan Global Investment Summit 2024.” The MoUs include: An MoU worth Rs 4.5 billion with Prudential Sugar for the establishment of a 100 MW solar park, expected to be commissioned by 2026. An MoU worth Rs 100 billion with Oriana Power…

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Vireon Hydrogen secures €3.8 million grant for 5 MW electrolyser in Finland

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Vireon Hydrogen has received a €3.8 million grant from Business Finland to develop a 5 MW electrolyser facility at the Jyväskylä Hydrogen Hub in Finland. Phase one of the project focuses on constructing a hydrogen refueling station for heavy-duty transport, partly funded by a previous EU grant, and is expected to be operational by 2025.  Phase two, supported by the new grant, will expand the hub with a 5 MW electrolyser capable of producing 700…