In Short : India’s state-run refiners plan to invest ₹2 trillion to develop over 137,000 TPA green hydrogen capacity by 2030, supporting the national 5 million TPA target. Indian Oil, BPCL, HPCL, and others are advancing major projects, while ONGC will invest ₹2 trillion by 2038 in renewables and hydrogen, marking a major shift toward […]
Construction major L&T incorporates arm to develop green hydrogen projects – EQ
In Short : Larsen & Toubro (L&T) has launched L&T Green Energy Kandla Pvt Ltd to spearhead green hydrogen and ammonia projects, via its subsidiary L&T Energy Green Tech Ltd. This move follows the commissioning of L&T’s first green hydrogen plant in Gujarat, highlighting its strategic push toward clean energy and commitment to advancing India’s […]
West Bengal Courts Investment for Pioneering Green Hydrogen Projects – EQ
In Short : The West Bengal government is actively encouraging investors to set up green hydrogen units in the state. By offering incentives and a favorable policy environment, the government aims to attract investments in this emerging sector. This initiative is part of West Bengal’s broader strategy to promote renewable energy, reduce carbon emissions, and […]
Amplus Solar to Launch Distributed Green Hydrogen Projects – EQ
In Short : Amplus Solar, a leading renewable energy company, is set to introduce distributed green hydrogen projects. This initiative marks a significant step towards harnessing hydrogen as a clean energy source. In Detail : Amplus Solar aims to launch distributed green hydrogen projects by next year, as shared by CEO and MD Sharad Pungalia. […]
Austria earmarks €400m to subsidise domestic green hydrogen projects, using EU auctions-as-a-service – EQ
In Short : Austria has allocated €400 million to subsidize domestic green hydrogen projects, utilizing EU auctions-as-a-service. This initiative reflects the country’s commitment to fostering the development of green hydrogen as a clean energy solution and leveraging EU mechanisms to support such projects. In Detail : Central European nation is targeting 1GW of renewable H2 […]
NGEL signs MoU with Government of Maharashtra for development of Green Hydrogen Projects; ~ ₹ 80, 000 crores investment expected in five years – EQ
In Short : NGEL (NTPC Green Energy Limited) has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for the development of Green Hydrogen Projects. This collaboration anticipates an investment of approximately ₹80,000 crores over the next five years, signaling a substantial commitment to advancing green hydrogen initiatives in the state. In Detail […]
Govt plans long-term exemption for green hydrogen projects from its manufacturers shortlist for solar panels – EQ
In Short: The government is considering a long-term exemption for green hydrogen projects from its manufacturers shortlist for solar panels. This move indicates a strategic effort to support and prioritize green hydrogen production, recognizing its importance in the country’s transition to clean energy and sustainable practices. In Detail : Following the Galwan Valley skirmishes in […]
Generate Capital partners with Ambient Fuels to scale green hydrogen projects and accelerate the decarbonization of hard-to-abate industrial sectors – EQ Mag
SAN FRANCISCO & NEW YORK : Generate Capital, a leading sustainable infrastructure investment and operating company, today announced it has made an investment in Ambient Fuels, a pioneering developer that builds green hydrogen projects to support the decarbonization of heavy industries and transportation. The agreement includes a commitment to fund up to $250 million of […]
Gujarat clears 1.99 lakh hectare land for green hydrogen projects – EQ Mag
GANDHINAGAR: Taking the lead in India’s big leap towards green hydrogen manufacturing, the Gujarat cabinet approved the draft land allocation policy for green hydrogen projects. Land parcels of 1.99 lakh hectare have been earmarked for five key players – private sector entities – eyeing their foray into the green hydrogen manufacturing, in addition to other […]
NTPC Renewable Energy Ltd. signs MoU with Indian Army for the implementation of Green Hydrogen Projects in Army Establishments – EQ Mag
The MoU aimed at reducing Army’s dependence on fossil fuels NTPC REL has signed an MoU with INDIAN ARMY for setting up Green Hydrogen Projects in its establishments on Build, Own and Operate (BOO) model. The intent is to reduce complex logistics, dependence on fossil fuels and to accelerate decarbonization. The MoU was signed by […]