APT Translations

Infrastructure modernisation and expansion determine the success of global energy transitions as they will increase resilience and build flexibility for a diversified and interconnected energy system.

The Chief Minister noted that the move is aimed at achieving a greener future in line with the guidelines of the Ministry of New and Renewable Energy (MNRE).

It added that such an increase is crucial to sustainably absorb the rising share of RE in the country’s overall power generation mix

"To achieve the vision of Viksit Bharat 2047, India must invest in green hydrogen production infrastructure. This includes scaling up renewable energy sources for electrolysis, developing storage and distribution networks, and fostering public-private partnerships to drive innovation and cost reduction," Professor Ganapati Myneni, Member of the Board of Directors, International Symposium on Hydrogen in Matter (ISOHIM), and Director, India Nuclear Energy Partnership, told ET.

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.