Greenko's $4.2 Billion Renewable Energy Project Supporting Green Hydrogen Production in Andhra Pradesh
Key Ideas
- Greenko is developing a GW-scale Integrated Renewable Energy Project in Pinnapuram, Andhra Pradesh, with 4,000 MW solar, 1,000 MW wind, and 1,680 MW pumped hydro capacity.
- The project aims to provide carbon-free power for green hydrogen, steel, and aluminium production, contributing to decarbonisation efforts globally.
- The initiative is expected to avoid 3.3 million tonnes of carbon emissions annually, driving economic growth, fostering ancillary industries, and creating employment opportunities in the region.
- The project aligns with India's green energy objectives and supports the production of low-cost green molecules, enhancing India's energy security and accelerating global decarbonisation.
Greenko, an energy transition and decarbonisation solutions company, is developing a GW-scale Integrated Renewable Energy Project in Pinnapuram, Andhra Pradesh. This project, with a total investment of USD 4.2 billion, comprises 4,000 MW of solar, 1,000 MW of wind, and 1,680 MW of pumped hydro capacity. The energy generated from this project will support the production of green hydrogen, steel, and aluminium industries, offering carbon-free power. This initiative is crucial for decarbonising hard-to-abate industries and is seen as a significant step towards achieving global sustainability goals.
Union Minister of New and Renewable Energy, Pralhad Joshi, recently visited the facility and praised the project as a symbol of India's leadership in green energy transition. The project is expected to have a substantial impact, avoiding 3.3 million tonnes of carbon emissions annually and contributing to economic growth and job creation in the region.
Greenko's Integrated Renewable Energy Project aligns with India's focus on clean energy and supports the production of low-cost green molecules, essential for decarbonisation. The project not only enhances energy security in India but also plays a vital role in driving global efforts towards a sustainable future by accelerating decarbonisation. Overall, this initiative showcases the potential of renewable energy to revolutionize industrial processes and promote a greener, more sustainable economy.
Topics
Green Hydrogen
Renewable Energy
Energy Security
Sustainability
Carbon Emissions
Energy Transition
Decarbonisation
Economic Growth
Employment Opportunities
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