Ocior Energy in MoU with Gujarat to Invest Rs 40,000 Cr in Green Hydrogen, Ammonia Updated On Mon, Feb 27th, 2023 by Saurenergy The Government of Gujarat today signed a memorandum of understanding (MoU) with Abu Dhabi (United Arab Emirates) headquartered Ocior Energy Pvt Ltd for Rs. 40,000 crores proposed investment in the state in the renewable energy capacities. As per the government statement, Ocior Energy will be developing green hydrogen-green ammonia projects among other renewable energy plans. […] Read more
NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets Updated On Tue, Dec 13th, 2022 by Saurenergy State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL. As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […] Read more
POSCO, Greenko Collaborate to Produce Green Hydrogen, Ammonia in India Updated On Mon, Sep 5th, 2022 by Saurenergy Global steel conglomerate POSCO Holdings and Greenko subsidiary ZeroC have announced that they have signed a strategic partnership under which the two companies will delve into the production of green hydrogen, ammonia and other derivatives in India. The renewable energy production will be meant for both domestic and foreign consumption. POSCO Holdings revealed that the […] Read more
Japan’s JERA to Develop Ammonia-related Tech with Green Fund Backing Updated On Mon, Jan 10th, 2022 by Saurenergy Japan’s biggest power generator JERA said it would spend 69.2 billion yen ($597 million) on the development of ammonia-related technology, with nearly 70% covered by the government’s green innovation fund. Ammonia is used as a fertiliser and in industrial materials, but is also seen as a future energy source, along with hydrogen. It does not […] Read more
Oman, ACME to Build Green H2 & Ammonia Project Updated On Tue, Aug 24th, 2021 by Saurenergy Oman, the oldest independent state in the Arab world, has signed a land reservation agreement for a green hydrogen and ammonia project that Indian renewable energy company ACME aims to set up in the Special Economic Zone at Duqm. The announcement was made by Oman’s state news agency through Twitter recently. According to its Second […] Read more
NTPC Green Floats JV To Set Up RE Projects In Andhra Pradesh Updated On Fri, Nov 22nd, 2024 by Saurenergy NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, has entered into a joint venture (JV) with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects in Andhra Pradesh. This collaboration is poised to attract an investment of ₹2,00,000 crore to the state. The JV will spearhead the […] Read more
ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India Updated On Mon, Nov 18th, 2024 by Saurenergy ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […] Read more
Hybrid Projects Demand More Planning: Naresh Mansukhani (CEO, Juniper Green) Updated On Fri, Nov 8th, 2024 by Saurenergy Tell us about the journey of Juniper Green in India till now. We launched Juniper Green as a solar-focused platform in 2018, primarily because solar energy is more predictable. During that time wind project tariffs were dropping too low. In 2021, we expanded our capabilities to include wind and storage projects. As a result, we […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
