India's Renewable Energy Initiatives and Investments in Hydrogen and Solar Projects
Key Ideas
- The Ministry of New and Renewable Energy has initiated a program under the National Green Hydrogen Mission with a fund of ₹2 billion to enhance testing facilities and infrastructure for green hydrogen.
- ENGIE secures a loan agreement with ADB for a 400 MW solar project in Gujarat, with a total loan amounting to ₹14.6 billion, showcasing continued investment in renewable energy projects.
- Guidelines have been revised to optimize the output of onshore wind power, focusing on efficient turbine placement using advanced modeling tools and addressing noise concerns with minimum distance requirements.
- Solar Energy Corporation of India invites bids for a 7.5 MW solar project in Rajasthan, emphasizing the use of domestically manufactured solar cells and modules to meet specified requirements.
The Ministry of New and Renewable Energy in India has introduced guidelines to implement a program aimed at enhancing testing facilities, infrastructure, and institutional support under the National Green Hydrogen Mission. With a budget of ₹2 billion, the program will run until 2026, focusing on identifying gaps in testing facilities for green hydrogen components and creating new infrastructure for testing and validation. ENGIE has partnered with the Asian Development Bank for a 400 MW solar project in Gujarat, demonstrating significant investment in renewable energy. Additionally, guidelines for onshore wind power have been updated to prioritize optimized output and efficient turbine placement. The State power distribution companies in India owe a total of ₹722.44 billion in dues, highlighting challenges in the sector. Meanwhile, the Solar Energy Corporation of India has opened bidding for a 7.5 MW solar project in Rajasthan, emphasizing the use of domestically manufactured solar components.