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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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Managed charging programs can save utilities $30 billion annually by optimizing electric vehicle (EV) loads, according to ev.energy and The Brattle Group. Each managed EV can avoid up to $575 in utility costs, reducing customer electric bills by 10% by 2035. Adding bidirectional vehicle-to-grid charging could more than double these benefits.
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The Scottish Government is providing £4.5 million through the Rural and Island Infrastructure Fund to improve electric vehicle charging access in underserved rural and island areas. This supports the goal of adding 24,000 public charge points by 2030 and addresses regions less likely to attract private investment.
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Prime Minister Narendra Modi announced India will export electric vehicles (EVs) to over 100 countries, establishing the nation as a global clean mobility hub. Speaking at the ET World Leaders Forum 2025, he highlighted India’s rising manufacturing and R&D capabilities. Auto exports have doubled since 2014, now including diverse transport modes.
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GH2 Solar, in joint venture with South Korea’s AHES, has launched a Green Hydrogen Electrolyser manufacturing facility in Gwalior, Madhya Pradesh, under SECI’s SIGHT scheme. Initially producing 105 MW annually, capacity will scale to 500 MW by 2030. With ₹400 crore investment and ₹157.
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Vietnamese automaker Kim Long Motors signed an agreement with LG Energy Solution for a steady supply of cylindrical NMC battery cells for EVs. These cells will be assembled at a new, automated plant in Hue starting early 2026, with an initial 1 GWh capacity. Battery assembly supports their goal to localize over 80% of production by mid-2026.
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India’s government has deprioritized offshore wind projects off Karnataka due to low wind speeds (5-5.2 m/s), deemed economically unviable. No further studies will occur there. Instead, focus shifts to Gujarat and Tamil Nadu, where eight priority offshore wind zones with stronger wind resources have been identified.
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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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Greenzo Energy India received an order from Jindal Stainless to set up a green hydrogen plant with a 472,409 kg annual capacity at Odisha’s Kalinga Nagar Industrial Complex. The plant will initially produce 0.47 KTPA, scalable to 1.5 KTPA, supporting stainless steel production. Greenzo will supply the electrolyser system, install and commission it, and provide training and virtual support.
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Saatvik Green Energy Limited received a Letter of Award from MSEDCL to install 1,500 solar water pumping systems in Maharashtra under the PM-KUSUM B scheme. The project includes 3HP, 5HP, and 7.5HP DC solar submersible pumps, covering design, manufacturing, supply, installation, and commissioning.
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Hyderabad-based Premier Energies announced that its subsidiaries secured Rs. 2,703 crore in supply orders for 2,059 MW of solar modules and cells, to be executed in FY 2026-27. Despite share price volatility linked to US investigations and tariffs, the company emphasized minimal US sales exposure (under 1%).
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