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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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Hyderabad-based deep-tech startup Xbattery raised $2.3 million seed funding led by Bipin Patel Family Office to develop next-generation Battery Management Systems (BMS). The funds will support R&D, hardware sourcing, talent growth, and prototype scaling for BharatBMS, a locally built platform for EVs and energy storage.
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Montra Electric HCV, a Murugappa Group firm, is launching an advanced electric heavy commercial vehicle manufacturing facility in Manesar, Haryana. The factory, India’s first all-women fully automated battery production unit, will produce 6,000–7,500 eHCVs annually. Spanning 255,000 sq ft with 60% robotics integration and Industry 4.
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Kshema Power, a Chennai-based EPC firm, secured a ₹108 crore contract to build a 42-kilometer, 400 kV transmission line in Andhra Pradesh. The line will transmit electricity from a 1 GW wind farm, using single-circuit lines on double-circuit towers for efficient power transfer. This project marks Kshema Power’s return to high-voltage transmission and supports India’s renewable energy growth, creating jobs and advancing clean energy infrastructure nationwide.
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SJVN Green Energy Limited (SGEL) achieved partial commercial operation of 128.88 MW from its 1,000 MW Bikaner Solar Power Project on September 30, 2025, bringing total commissioned capacity to 629.90 MW. However, about 370 MW remains pending, missing the target of full commissioning by October.
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Yuma Energy, a leading Battery-as-a-Service provider, has partnered with Hindustan Petroleum Corporation Limited (HPCL) to expand AI-powered battery swapping stations across India. Utilizing HPCL’s vast network of 24,000+ retail outlets, the initiative aims to offer fast, accessible battery swaps for two- and three-wheelers.
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Serentica Renewables has chosen Envision Energy India to supply 5 MW Smart Wind Turbine Generators for its 560 MW Wind Project, with delivery starting February 2026. The project spans Karnataka, Maharashtra, and other states, aiming to provide reliable green power to industries and reduce carbon emissions.
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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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OMV is building a 140 MW green hydrogen plant in Bruck an der Leitha, Austria, set to operate by the end of 2027. It will produce 23,000 tons of green hydrogen annually, reducing refinery emissions by up to 150,000 tons per year. The project, among Europe's largest, involves a consortium with Siemens Energy and STRABAG, backed by European funding.
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Repsol approved a €300m project to build a 100MW renewable hydrogen electrolyser at Cartagena, Spain, in partnership with Enagas Renovable. Scheduled to start operations in 2029, it will produce 15,000 tonnes of renewable hydrogen annually, reducing CO2 emissions by 167,000 tonnes. The European Commission supports it as a strategic project, with €155m funding.
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Sineng Electric and Trina Storage achieved a milestone with Egypt’s first Grid-Connected 150MW/300MWh utility-scale battery storage at Abydos, part of a 500MW solar park. This system, designed for Egypt’s 220kV grid, features 36 sets of 5MW PCS units paired with Trina’s Elementa 2 solution, ensuring high efficiency and reliability in extreme conditions.
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