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Originally published on Future Trends.

Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.

Cleantech Investments

Reliance Invests In US Energy Storage Company 

A newly-formed subsidiary of Reliance Industries Limited, one of India’s leading industrial conglomerates, has invested in a US-based energy storage company. Reliance New Energy Solar, along with Paulson & Co., Bill Gates, and other investors, invested $144 million in Massachusetts-based Ambri Inc. Reliance New Energy Solar invested $50 million in the transaction.

ReNew Power To Invest $384 Million To Acquire Solar, Hydro Power Assets 

One of India’s leading renewable energy companies, ReNew Power, has announced plans to acquire solar and hydro power projects in the country. The company will spend Rs 28.5 billion ($384 million) to acquire 260 megawatts of solar power capacity and 99 megawatts of hydro power projects.

Canadian Pension Fund Invests $219 Million In Azure Power

International Finance Corporation and its infrastructure fund sold a 19.4% stake in NYSE-listed Azure Power. The stake has been acquired by Ontario Municipal Employees Retirement System (OMERS). CDPQ remains the majority shareholder in Azure Power. The company has 2 gigawatts of operational solar power capacity and another 5 gigawatts capacity under construction.

Electric Mobility

Tata Motors Launches Tigor EV

Tata Motors unveiled its second electric passenger vehicle, the Tigor. The new car has a 26 kilowatt-hour lithium-ion battery pack which can be charged in less than an hour. The car is expected to have a range of around 300 kilometers (186 miles) per charge.

Tata Motors Looking To Raise $1 Billion For Its Electric Mobility Business

Tata Motors is reported to be in talks with leading global PE investors to raise $1 billion for its electric mobility business. According to media reports, the company has approached Blackstone Group, TPG Capital and KKR & Co. for investment in the EV business. The company plans to launch 10 electric vehicle models by 2025. It currently offers two.

Odisha Announces Incentives For Electric Vehicles

The government of Odisha recently announced its electric vehicles policy to attract manufacturers as well as buyers. The state has exempted electric vehicles from road tax and registration fees. Buyers will also be eligible for subsidies of up to $1,360 for buying electric cars. Battery manufacturing units can get up to $136,000 in capital investment support from the government.

More Than Half A Million EVs Registered In India In Last Three Years

The Ministry of Heavy Industries reported that more than 500,000 electric vehicles have been registered in the country since 2018. These vehicles have benefited from government’s Faster Adoption and Manufacturing of Electric Vehicles (FAME India). The second phase of the FAME scheme, launched in April 2019, will offer Rs 100 billion ($1.4 billion) in subsidies to EV buyers. The government expects to facilitate the purchase of more than 1.5 million electric vehicles under this scheme.

Renewable Energy & Batteries

India Achieves 100 Gigawatts Of Renewable Energy Capacity 

On the 12th of August, India’s minister for power and renewable energy, RK Singh, announced on Twitter that the country had achieved the milestone of 100 gigawatts of renewable energy capacity. Solar energy is the largest technology by installed capacity, accounting for 44%, followed by wind energy at 39.5%. Bioenergy accounts for 10% of the installed capacity, while small hydro power projects (less than 25 MW capacity) account for 5%. The rest of the capacity is contributed by waste-to-power capacity. If large hydro power projects are also accounted for, the renewable energy capacity increases to 146 gigawatts.

ReNew Power Signs 400 Megawatt Deal To Supply Round-The-Clock Renewable Energy

The Solar Energy Corporation of India signed a power purchase agreement with ReNew Power for 400 megawatts of solar-wind hybrid power. The company will set up 900 megawatts of wind and 400 megawatts of solar power to meet its obligation to provide round-the-clock power. An undisclosed capacity of battery storage would also be installed.

NTPC Commissions 25 Megawatt Floating Solar Power Project

India’s largest power generation company, NTPC Limited, announced that it commissioned a 25 megawatt floating solar power project in the state of Andhra Pradesh. The project is located at the reservoir of NTPC’s Simhadri thermal power plant. This is the largest floating solar power project in India. NTPC is also working on another floating solar power project with 100 megawatts of capacity.

Engie Commissions 200 Megawatt Solar Power Project 

A subsidiary of French utility Engie has commissioned a 200-megawatt solar power project in the western Indian state of Gujarat. The project is part of the Raghanesda solar power park and the company’s second-largest solar project in the country. The company expects annual generation from the plant to be around 550 million kilowatt-hours, resulting in the reduction of around 400,000 tonnes of carbon dioxide emissions. Engie’s India solar capacity now stands at 1.1 gigawatts. The company also has 280 megawatts of wind power capacity operational.

Acme Solar Plans 3.5 Gigawatt Green Hydrogen Project In Oman

Solar IPP Acme Solar Holdings has announced intentions to set up a solar-wind hybrid project in Oman to produce green hydrogen. The company plans to set up 3 gigawatts of solar power and 500 megawatts of wind energy to produce 900,000 tonnes of green ammonia every year. Construction of the project will entail an investment of $3.5 billion and would be ready over the next three years.

Copenhagen Infrastructure Partners Invests $100 Million In Amp Energy

Amp Energy will receive equity investment of more than $200 million with at least half of it coming from Copenhagen Infrastructure Partners. The investment would be used for the company to develop 1.7 gigawatts of solar and solar-wind hybrid capacity.

Tata Power Commissions 324 Megawatt Tracker-Based Project In Gujarat

Tata Power has commissioned a 324 megawatt solar power project in the western state of Gujarat. The project uses single-axis trackers supplied by New York-based GameChange Solar. The project is the largest to use single-axis trackers in India.

Tata Power Wins $52 Million Solar Battery Storage Project 

Tata Power Solar Power Systems announced that it secured rights to develop a 50 megawatt solar power project with a 50 megawatt-hour battery storage system. The project will be located in Ladakh and is expected to be commissioned by March 2023. This would be India’s first co-located large-scale battery storage project.

 

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Economists, experts call for governments to ditch hydrogen, go fully electric

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Economists, experts call for governments to ditch hydrogen, go fully electric

In a joint statement, French and German economists have called on governments to adopt “a common approach” to decarbonize European trucking fleets – and they’re calling for a focus on fully electric trucks, not hydrogen.

France and Germany are the two largest economies in the EU, and they share similar challenges when it comes to freight decarbonization. The two countries also share a border, and the traffic between the two nations generates major cross-border flows that create common externalities between the two countries.

At the same time, the EU’s transport sector has struggled to reduce emissions at the same rate as other industries – and road freight in particular is a major contributor to harmful carbon emissions issue due to that industry’s heavy reliance on diesel-powered trucks.

And for once, it seems like rail isn’t a viable option:

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While rail remains competitive mainly for heavy, homogeneous goods over long distances. Most freight in Europe is indeed transported over distances of less than 200 km and involves consignment weights of up to 30 tonnes (GCEE, 2024) In most such cases, transportation by rail instead of truck is not possible or not competitive. Moreover, taking into account the goods currently transported in intermodal transport units over distances of more than 300 km, the modal shift potential from road to rail would be only 6% in Germany and less than 2% in France.

FRANCO-GERMAN COUNCIL OF ECONOMIC EXPERTS (FGCEE)

That leaves trucks – and, while numerous government incentives currently exist to promote the parallel development of both hydrogen and battery electric vehicle infrastructures, the study is clear in picking a winner.

“Policies should focus on battery-electric trucks (BET) as these represent the most mature and market-ready technology for road freight transport,” reads the the FGCEE statement. “Hence, to ramp-up usage of BET public funding should be used to accelerate the roll-out of fast-charging networks along major corridors and in private depots.”

The appeal was signed by the co-chair of the advisory body on the German side is the chairwoman of the German Council of Economic Experts, Monika Schnitzer. Camille Landais co-chairs the French side. On the German side, the appeal was signed by four of the five experts; Nuremberg-based energy economist Veronika Grimm (who also sits on the National Hydrogen Council, which is committed to promoting H2 trucks and filling stations) did not sign.

You can read an English version of the CAE FGCEE joint statement here.

Electrek’s Take

Hydrogen-sceptical truck maker MAN to produce limited series of 200 vehicles with H2 combustion engines
MAN hydrogen semi; via MAN Trucks.

MAN Trucks’ CEO famously said that it was “impossible” for hydrogen to compete with BEVs, and even committed to building 200 hydrogen-powered semi truck to prove out that hypothesis.

He’s not alone. MAN’s board member for research and development, Frederik Zohm, said that the company is the one saying hydrogen still has years to go. “(MAN) continues to research fuel cell technology based on battery electrics,” he said, in a statement quoted by Hydrogen Insight, before another board member added that, “we (MAN) expect that, in the future, we will be able to best serve the vast majority of our customers’ transport applications with battery-electric trucks.”

With companies like Volvo and Renault and now Mercedes racking up millions of miles on their respective battery electric semi truck fleets, it’s no longer even close. EV is the way.

SOURCE | IMAGES: CAE FGCEE; via Electrive.

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Quick Charge | the terrifying Trump tariffs are finally upon us!

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Quick Charge | the terrifying Trump tariffs are finally upon us!

On today’s tariff-tastic episode of Quick Charge, we’ve got tariffs! Big ones, small ones, crazy ones, and fake ones – but whether or not you agree with the Trump tariffs coming into effect tomorrow, one thing is absolutely certain: they are going to change the price you pay for your next car … and that price won’t be going down!

Everyone’s got questions about what these tariffs are going to mean for their next car buying experience, but this is a bigger question, since nearly every industry in the US uses cars and trucks to move their people and products – and when their costs go up, so do yours.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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SunZia Wind’s massive 2.4 GW project hits a big milestone

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SunZia Wind’s massive 2.4 GW project hits a big milestone

GE Vernova has produced over half the turbines needed for SunZia Wind, which will be the largest wind farm in the Western Hemisphere when it comes online in 2026.

GE Vernova has manufactured enough turbines at its Pensacola, Florida, factory to supply over 1.2 gigawatts (GW) of the turbines needed for the $5 billion, 2.4 GW SunZia Wind, a project milestone. The wind farm will be sited in Lincoln, Torrance, and San Miguel counties in New Mexico.

At a ribbon-cutting event for Pensacola’s new customer experience center, GE Vernova CEO Scott Strazik noted that since 2023, the company has invested around $70 million in the Pensacola factory.

The Pensacola investments are part of the announcement GE Vernova made in January that it will invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging electricity demands globally. GE Vernova says it’s expecting its investments to create more than 1,500 new US jobs.

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Vic Abate, CEO of GE Vernova Wind, said, “Our dedicated employees in Pensacola are working to address increasing energy demands for the US. The workhorse turbines manufactured at this world-class factory are engineered for reliability and scalability, ensuring our customers can meet growing energy demand.”

SunZia Wind and Transmission will create US history’s largest clean energy infrastructure project.

Read more: The largest clean energy project in US history closes $11B, starts full construction


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