RIL gears up to produce green hydrogen in two years
The Mukesh Ambani-led company is investing $10 billion in capex for building its new energy ecosystem. Over the past seven months, it has tied up with original equipment manufacturers (OEMs) to supply green hydrogen. Go to Source Author:
Read MoreReNew gets Rs 2,700-cr project loan from SBI
Under the partnership for this project, ReNew has said it will invest around ₹313 crore ($38 million) for its 51% stake in the project and through affiliates, will provide EPC, O&M, and project management services for the project. Go to Source Author:
Read MoreKKR to acquire majority stake in LEAP India
Economic Times first reported on 25 May that KKR’s infrastructure fund was in talks to acquire a majority stake in LEAP at an enterprise value of up to Rs 3,000 crore. Go to Source Author:
Read MoreTata Power Renewable Energy signs PPAs with MSEDCL for 200 MW and 150 MW solar projects
The 200 MW and 150 MW solar installations are expected to be commissioned by mid 2025 and will generate a substantial amount of clean energy annually and reduce carbon dioxide (CO2) emissions by 4,28,800 tons and 3,11,200 tons annually, respectively. Go to Source Author:
Read MoreBerlin hails ‘progress’ in EU talks on hydrogen plants
Berlin, which aims to source the country’s electricity almost entirely from renewable energy by 2035, sees hydrogen playing a key role in the shift away from fossil fuels. Go to Source Author:
Read MoreAIIMS Delhi inks pact with IREDA aimed at powering hospital campus by solar energy
Towards this, the IREDA will undertake a techno-commercial assessment of the All India Institute Of Medical Sciences (AIIMS) campus, an official statement said. Go to Source Author:
Read MoreHow India can unlock the potential of Green Hydrogen – A cost, technology and policy perspective
With the distinct advantage of having low-cost renewable, India has the unique opportunity to become a world leader in green hydrogen production and emerge as an export hub. Go to Source Author:
Read MoreCentre approves Rs 719 crore project for evacuation of 4,000 MW renewable energy in Tamil Nadu
“The project has been approved by the Ministry of New & Renewable Energy, at an estimated cost of Rs 719.76 crore with central government grant of Rs 237.52 crore at 33 per cent of the project cost,” MNRE said in a statement. Go to Source Author:
Read MoreIndia’s installed RE capacity increased to 172 GW in Mar 2023: R K Singh, power and renewable energy minister
He added that 365.60 billion units of electricity has been generated from renewable energy sources across the country during 2022-23 Go to Source Author:
Read MoreOver one-fourth of total electricity production in 2022-23 from non-fossil fuels: R K Singh, power and renewable energy minister
The share of non-fossil fuel based gross generation in 2026-27 is likely to be 39 per cent and in 2031-32 is likely to be 49 per cent, added Singh Go to Source Author:
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