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Indian green hydrogen developers are seeking offtake contracts in Japan and South Korea to drive investments in green hydrogen and green ammonia projects, as the domestic market is still emerging. Securing these contracts is crucial for decarbonizing heavy industries and establishing India as a key player in the global renewable energy market.
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Kerala has been awarded Rs 34.84 crore in funding for its Green Hydrogen pilot project in the transport sector. The project, with a total cost of Rs 40 crore is supported by the Ministry of New and Renewable Energy (MNRE) and aims to demonstrate the feasibility of Hydrogen technology by deploying Hydrogen powered vehicles and establishing refueling stations in the state. Premium Content Access
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France has launched a 1.5-km wireless charging road near Paris, enabling electric vehicles to charge while driving. Using copper coils beneath the surface, the system transfers power magnetically to EVs, even in harsh weather. It boosts range, reduces battery size needs, and supports multiple vehicles simultaneously.
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AMP has launched India’s first subscription platform for premium electric cars, allowing salaried professionals to use BMW, Mercedes-Benz, BYD, Audi, and Volvo EVs without ownership. The asset-light model removes barriers such as high upfront cost, depreciation and limited resale. AMP also enables MSMEs to convert depreciating vehicle assets into annuity income.
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Larsen & Toubro’s Power Transmission & Distribution business secured large Saudi Arabian contracts worth ₹2,500–₹5,000 crore for 380 kV substations and 420 km transmission lines. These projects, supporting Saudi Arabia’s National Renewable Energy Programme, will enhance grid capacity and renewable integration.
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The Spanish government selected 143 energy storage projects, totaling nearly 9GWh, to receive €840 million from the EU-backed ERDF scheme. Projects include 81 hybrid storage, 42 standalone BESS, 17 thermal storage, and three pumped hydro. Spain increased funding from €700 million due to 1,750 applications.
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Alantra Solar’s N-Sun Energy has secured €400m financing to progress its 1.8GW Southern Europe solar portfolio. Intesa Sanpaolo will provide €355m green financing for five solar and agrivoltaic plants totaling 275MWp in Italy, expected operational by end-2027. A further €50m corporate facility from Bankinter, guaranteed by CESCE, strengthens the platform.
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JA Solar will supply 1.2GW of PV modules to Larsen & Toubro for ACWA Power’s Samarkand 1 and 2 solar projects in Uzbekistan. The utility-scale plants will jointly generate 1.2GW, power hundreds of thousands of homes, reduce over one million tonnes of CO₂ annually, and support Uzbekistan’s target of 25% renewable energy by 2030.
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As Electric Vehicles (EVs) become more widespread, the demand for Lithium-ion Batteries grows, raising concerns over their environmental impact. Current recycling methods, like pyrometallurgy, are energy-intensive and environmentally harmful. A shift to carbon-neutral, low-energy processes such as Hybrid-Hydrometallurgy (HHM™) can drastically reduce emissions and improve material recovery.
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India's Solar Photovoltaic (PV) Balance of System (BoS) market is projected to grow from $3 billion in 2024 to $7 billion by 2029 at a 16% CAGR, driven by Clean Energy targets and supportive schemes like PM-KUSUM and Rooftop Solar Programs. BoS includes all non-panel components essential for Solar Projects.
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Avaada Group, founded by Vineet Mittal, is preparing for a Rs 4,000-5,000 crore IPO of its Solar Module manufacturing unit. The funds raised will primarily finance the group’s capex, including a 5 GW Solar Module and Cell facility in Uttar Pradesh. Avaada has approached investment banks and law firms to manage the IPO.
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ThunderPlus and Trinity Cleantech have introduced the world’s first ethanol-powered mobile DC fast charger, integrating renewable fuel with rapid EV charging. Designed in India, the solution supports decentralised, grid-independent charging across remote regions, strengthening sustainable mobility and net-zero ambitions.
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Greaves Cotton has launched its GREAVES.NEXT strategy to drive the next phase of growth across Energy, Mobility and Industrial Solutions. The framework focuses on accelerating core business growth, building new capabilities, and expanding into new products, markets and geographies. It prioritizes sustainable technologies, fuel-agnostic powertrains, aftermarket services and OEM partnerships.
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Bosch has commissioned its first self-operated hydrogen electrolyzer at Bamberg, featuring two PEM stacks totaling 2.5 MW. The in-house Hybrion system produces EU-compliant green hydrogen, enabling 23 kg per hour and more than one ton per day at full load. FEST GmbH assembled the unit. Bosch will also operate its Fuel Cell Power Module in a “lifetime container” to test durability, with electricity feeding back into the electrolyzer, simulating multiple operating scenarios for closed-loop performance validation.
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