ACME to invest $668.42 million for green hydrogen plant in Mangaluru

ACME Cleantech Solutions, a Gurugram-based renewable energy company, has signed agreement with Karnataka government to set up in green hydrogen and ammonia plant Karnataka. The company proposes to invest $668.42 million (Rs 52,000 crore) I a 1.2 million tonnes per annum (MTPA) green hydrogen and ammonia plant which will include an associated solar power unit

Three South Korean companies to work with Petrolyn Chemie to build green hydrogen plant

Korea Electric Power Corporation, its subsidiary Korea Western Power and Samsung C&T Corporation, have signed an agreement with UAE-based Petrolyn Chemie for the construction of a $1bn green hydrogen and ammonia production plant in the UAE. The project will contribute to the reduction of the UAE’s carbon footprint and support the country in achieving its

EU and India to collaborate on green hydrogen

According to theAmbassador of the European Union to India, there is great potential for India and the European Union (EU) in the field of green hydrogen for taking initiatives like the EU’s Global Gateway and thereby accelerate green transition, The ambassador was speaking at an event organized by RIS in collaboration with the Ministry of

Bids invited for green hydrogen plant in Maharashtra

Bids for setting up1 MW green hydrogen plant have been invited by Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) in Maharashtra. The successful bidder will get the associated ecosystem on a build, own, and operate (BOO) basis. The scope of works will include the design, engineering, fabrication, packing, forwarding, supply, transportation, handling, unloading, construction,

Lhyfe gets green signal to build green hydrogen plant

Lhyfe gets green signal to start construction of a renewable green hydrogen plant from the city of Schwäbisch Gmünd, Germany.  The new plant will have a capacity of up to 4 tonnes/day, about 10 MW. The plant will be built near publicly accessible hydrogen filling stations and a pipeline to supply a nearby technology park

GreenZo invests in the development of green hydrogen

GreenZo Energy Pvt Ltd, an Indian renewable energy consulting and project developer, is planning to invest in establishing a 250-MW electrolyser facility. The facility will help to reduce the country’s reliance on imported green hydrogen manufacturing equipment. The company plans to expedite the green hydrogen project by the end of 2025 by investing between $0.039

JSW to foray into green hydrogen production

JSW Energy is soon expected to announce its first green hydrogen project. The company announced that targets to reach 20 Gw of power generation capacity by 2030, with about 85% of this capacity via renewable energy. JSW in July last year announced entering into a framework agreement with Australian Fortescue Future Industries to collaborate on

FFI offers funding for PsiQuantum’s computing solutions

Fortescue Future Industries (FFI), an Australian company, is funding an initiative by PsiQuantum to develop green hydrogen at a lower cost. As part of the collaboration, FFI and Qlimate’s will together work on quantum solutions in the green hydrogen sector. The joint effort will help in creating a broader strategy for developing computing algorithms that

L&T from India is front runner for NEOM’s renewable facilities contract

According to MEED, India’s Larsen & Toubro is believed to has been selected to build solar and wind plants for supplying electricity to the city’s $6.4-billion green hydrogen-based ammonia plant at OXAGON industrial zone for Saudi Arabia’s NEOM Green Hydrogen Co. L&T, along with Energy China and Power China, has submitted a proposal for an

Iberdrola announces plan to invest €3bn in green hydrogen

Spanish energy utility Iberdrola has committed to investing €3bn ($3.2bn) in green hydrogen as part of its efforts to expedite the European Green Deal. Initially agreed on in 2020, the European Green Deal calls for a 55% reduction in greenhouse gas emissions by 2030 and to make Europe climate-neutral by 2050. Iberdrola chairman Ignacio Galán