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ABC to invest Rs 500 billion to build hydrogen facility in Karnataka

ABC Cleantech has signed an MoU with the Government of Karnataka as a part of Invest Karnataka 2022 for setting up a green hydrogen production unit of 0.2 million tonnes/annum and 1 million tons/annum of green ammonia integrated with 5 GW of renewable energy projects with an investment outlay of Rs 500 billion. Read more

Solar market in a bright spot

As India looks to become a net-zero economy by 2070, the country’s renewable sector can have an economic impact of over $ 1 trillion by 2030 and $15 trillion by 2070, as per CII-Mercom report. But, how much of this transition towards green energy will be powered through locally manufactured components and systems, says Rakesh Rao.Read more

Avaada aims to become 30 GW company by 2030

In this interaction with Rakesh Rao, Vineet Mittal, Chairman, Avaada Group, explains the relevance of solar energy to achieve India’s renewable energy goals and how Avaada is playing a role of an enabler in this green journey.Read more

India’s support for solar energy is very strong

In this interview with Rakesh Rao, Gaurav Mathur, India Head, Trina Solar, elaborates on the potential of renewable energy sector in India and the company's growth plans.Read more

Waaree Energies raises Rs 1000 crores from private funding

The proceeds will be used for expansion plans of the company to increase its manufacturing capabilities in India from 2GW to 9GW for solar PV modules, of which 5GW is operational and the balance 4GW is expected to be operational by January 2023.Read more

Green ammonia to propel hydrogen fuel economy

Demand for hydrogen, which has the potential to decarbonise a wide range of heavy industries, is expected to increase fivefold from 2020 to 2050. However, there are a few important limitations to overcome for hydrogen to become competitive. Collin Hamilton shares his views on the future of green hydrogen market and role of ammonia in supporting the hydrogen fuel economy.Read more

Govt approves additional Rs 19,500 cr for PLI scheme for solar PV modules

The Government expects the scheme to bring direct investment of around Rs 94,000 crore and help in import substitution of approximately Rs 1.37 trillion.Read more

KKR invests in Hero Future Energies in $450 million transaction

This investment will support Hero Future Energies’ efforts to expand its renewable energy capacity and capabilities across technologies such as solar, wind, battery storage, and green hydrogen, and into new markets over time.Read more

GreenZo Energy, API Power to set up green hydrogen plants in Nepal

GreenZo Energy, which is one of the leading companies in renewable energy (RE) in India, has added one more name to its numerous projects cumulating up to 1500-MW. TRead more

Hindustan Power Exchange crosses 100 MUs of power trading

Hindustan Power Exchange Ltd (HPX) - promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank – has crossed 100 MUs mark on July 21, 2022, of traded power since its launchRead more

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