Daily News Wrap-Up: ONGC and SECI Sign MoU to Develop Renewable Energy Projects
Total Eren secures land for developing a large-scale green hydrogen project in Chile
Here are some newsworthy cleantech announcements of the day from around the world:
Oil and Natural Gas Corporation Limited and Solar Energy Corporation of India have signed a memorandum of understanding (MoU) to develop renewable energy projects, including solar, wind, storage, and green hydrogen.
Total Eren, an independent power producer, has secured land and started studies for developing a large-scale green hydrogen project. The H2 Magallanes project will be located near the borough of San Gregorio in the Magallanes region of Southern Chile. The project will consist of up to 10 GW of wind and up to 8 GW of electrolysis capacity, a desalination plant, an ammonia plant, and port facilities to transport the green ammonia to national and international markets. Hydrogen production is expected to start in 2027.
Polaris, a U.S.-based automobile manufacturer, has signed an agreement with Qmerit, an electric vehicle charging solutions provider, to provide a convenient home charging installation service solution for its consumers in the United States.
Plug Power and ACCIONA Energia have finalized their 50:50 joint venture in Spain to develop, operate, and maintain green hydrogen projects in Spain and Portugal. Its first green hydrogen project is expected to be online in 2023. The joint venture aims for a substantial market share of the green hydrogen business in Spain and Portugal by 2030, with medium-term plans to produce more than 100 tons of green hydrogen daily.
The Honnold Foundation, a nonprofit solar energy access foundation, announced a new fundraising campaign to catalyze innovation in solar energy access in underserved communities worldwide. It aims to raise at least $1 million over the next 12 months. The foundation will administer the fund and select the supporting grantees. Sunrun will contribute $50,000 to the innovation fund as a match to other donations that would be received through fundraising efforts in December.
The 607 MW Oman Ibri II solar park began operation in November 2021. Jolywood Solar has provided TOPCon bifacial solar modules for the project’s 490 MW capacity. The project is located near Ibri, the capital of Dhahirah Governorate, and costs $400 million to develop. The project is expected to generate around 1,300 GWh of power annually and power 33,000 homes and remove 800,000 tons of carbon dioxide emissions annually.
Harsh Shukla is a staff reporter at Mercom India. Previously with Indian Express, he has covered general interest stories. He holds a Masters Degree in Journalism from Symbiosis Institute of Media and Communication, Pune.