APT Translations

Despite the hype surrounding hydrogen as a clean energy source, most of the planned 1,600 projects lack committed buyers. Only a minority have secured firm purchase agreements. Analysts advised that successful projects should align with customers and have integrated clean energy sources. Some ventures, like Hy Stor’s Mississippi project, followed this model.

The Gensol-Matrix consortium’s total secured capacity now stands at 300 MW, including a previous 63 MW awarded in the first tranche of the SECI tender. This success brings the total PLI incentive to Rs 450 crore.

The Tamil Nadu Cabinet sanctioned Rs 44,125 crore for 15 projects expected to create over 24,700 jobs. Additionally, three renewable energy policies targeting 20,000 MW by 2030 were approved. On August 17, the Chief Minister will open an industrial housing facility for Foxconn employees in Kancheepuram.

Managing Director of HPHC,. O P Singh on Tuesday, outlined the corporation's comprehensive strate energy efficiency, renewable energy, sustainable materials, and advanced water management systems into the design and construction of police buildings.

"As a global leader in sustainable fuel technologies, we seek collaborations to provide innovative solutions that help our customers and stakeholders to reduce carbon and greenhouse gas emissions through biofuel production," said Bryan Glover, Chief Growth Officer and CTO, Honeywell Energy and Sustainability Solutions.

The funding illustrates the efforts India is making to get the critical mineral industry off the ground and cut the country's near-total reliance on imports of lithium and rare earths mineral that are key to energy transition technologies.

This uneven distribution extends to other green industries, such as solar photovoltaic manufacturing, leading to concerns about the sustainability and equity of the country's energy transition.

This order underscores Waaree's role in supporting India’s renewable energy targets, with the company’s installed capacity reaching 12 GW as of June 2023.

As of FY24, leading cement companies have installed a total renewable energy capacity of over 1,800 MW, with about 58 per cent of it from solar or wind

India, with its vast agricultural landscape, stands as a global agricultural powerhouse. Despite employing over half of the country's workforce, the agricultural sector contributes only 20.2 per cent to India's GDP, according to the Indian Economic Survey 2020-21.