ONGC and Greenko to launch green hydrogen JV to generate 1 Mtpa green ammonia; Filatex to source solar and wind hybrid power from Fourth Partner Energy project; MNRE trains over 50,000 youth as solar technicians.
ONGC & Greenko to collaborate: Oil and Natural Gas Corporation Limited (ONGC) has entered a memorandum of understanding (MoU) with Greenko ZeroC Private Limited to jointly explore opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen. Specifically, they will set up a joint venture (JV) to produce 1 million ton per annum (Mtpa) green ammonia from 1.3 GW green hydrogen plant along with storage facility for export purposes. It will need about 6 GW of solar and wind power coupled with Greenko’s pumped-hydro energy storage platform to generate 1.4 GW of round-the-clock renewable power. ONGC said the MoU will act as a stepping stone for the state owned company to achieve renewable energy targets under its Energy Strategy 2040 to de-risk its portfolio against long term disruption and reducing its carbon footprint by moving into renewables.
Filatex signs up for solar wind hybrid project: Textile manufacturer Filatex India Limited has entered a power purchase agreement (PPA) and shareholders agreement (SHA) with Fourth Partner Energy to source power from solar wind hybrid power projects. Under the 25-year PPA signed, Filatex will source this clean energy under an open access project as a captive consumer. It will also invest INR 103 million ($1.3 million) to acquire 26% stake in the project. It will bring the manufacturer around 50 million kWh of clean energy from 10.8 MW wind and 10.8 MW solar capacity, enabling it to bring down its electricity costs and reduce carbon footprint. The hybrid project is scheduled to come online by March 31, 2023.
Over 50,000 trained for solar industry by MNRE: The Ministry of New and Renewable Energy (MNRE) says since FY 2015-16 till June 2022, it has trained a total of 51,331 youth under Suryamitra Skill Development Programme through the National Institute of Solar Energy, Gurugram. The program trains youth above 18 years as solar PV technicians for installation, operation and maintenance (O&M) of solar power projects. Of the total number trained, it says 26,967 have secured employment.