Browsing: Asia

India’s journey towards green energy took a giant leap forward as Avaada Group, one of the country’s leading power companies involved in the manufacture of solar panels, successfully closed its latest funding round. This financial boost, amounting to US$1.3 billion, will propel the group’s solar and green hydrogen businesses to new heights.

South Korea is ramping up its efforts to boost the development and adoption of hydrogen technologies. The country’s Ministry of Science and ICT recently held its first ‘National Strategic Technology Hydrogen Field Discussion Forum’ aimed at enhancing South Korea’s hydrogen technology competitiveness.

Chinese automobile titan GAC (Guangzhou Automobile Cie) has set another milestone in the world of alternative fuel vehicles with its recently unveiled E9 concept. The E9, which was revealed at GAC’s “Tech Day 2023,” is acclaimed as the world’s first hydrogen-powered hybrid car, showcasing Chinese manufacturers’ progress in the field of hydrogen.

In a significant move to strengthen India’s push towards green energy, the Ministry of New and Renewable Energy (MNRE) has announced an over Rs 17,000 crore ($2.26 billion) incentive scheme to bolster the manufacturing of electrolyzers and green hydrogen production.

Indian officials have begun discussions with Germany concerning its green hydrogen purchase tender, with specific emphasis on the issues raised…

Green hydrogen, an eco-friendly energy carrier, is emerging as a key component in China’s strategic ambition to peak its carbon emissions by 2030 and achieve carbon neutrality by 2060, according to a recent report launched by the World Economic Forum at the 14th Annual Meeting of the New Champions in Tianjin, China.

Yesterday, Ahn Sung-il, director of the Korea Machinery, Electrical and Electronics Testing Institute (KTC), paid a visit to Changwon City Hall in Gyeongnam to discuss the potential collaboration in the hydrogen field test and certification project with Changwon Mayor Hong Nam-pyo and Changwon Industry Promotion Agency Director Jang Dong-Hwa.

The Government of Andhra Pradesh has introduced the Green Hydrogen and Green Ammonia Policy-2023, aiming to achieve a production capacity of 0.5 million tons per annum (MTPA) of green hydrogen and 2 MTPA of green ammonia within the next five years.

New Delhi recently witnessed a milestone agreement between ReNew Power and SCZONE, paving the way for the establishment of a green hydrogen production plant in Egypt’s Sokhna industrial zone.

Vietnam and Korea have joined forces to develop LNG (liquefied natural gas) and hydrogen projects in Vietnam, as announced during the Vietnam-Korea Business Forum held in Hanoi.