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Global Information
Energy & Power
Energy & Power
Coalition aims for 25GW of Green agreement on funding modality for Gorakhpur-
Hydrogen by 2026 Butwal 400 kV line for which the construction is
The soaring hype surrounding green hydrogen expected to commence soon and brisk progress on
reached new heights, as a seven-company-strong 900 MW Arun-III Hydro Electric Project are some
consortium unveiled plans for a fiftyfold scale-up in of the projects mentioned in the release. (Source:
production capacity by 2026. energy.economictimes.indiatimes)
ACWA Power, CWP Renewables, Envision,
Iberdrola, Ørsted, Snam and Yara launched a Japan’s ENEOS invests in wireless power
coalition called the Green Hydrogen Catapult with technology firm Ossia
the aim of deploying 25 gigawatts of renewables- US-based wireless power technology firm Ossia has
based hydrogen production capacity by 2026. secured investment from ENEOS Innovation Partners
The coalition, which is linked to the United G.K, the CVC arm of the ENEOS Group.
Nations Framework Convention on Climate Change’s The addition of investment from ENEOS
Race to Zero campaign, is also hoping to halve Holdings (ENEOS HD), a Japanese petroleum, oil &
the cost of green hydrogen production, cutting gas exploration, and metals conglomerate, to the
4 it to less than $2 per kilogram. A January 2020 Ossia ecosystem, supports the brand partners that
report from industry group the Hydrogen Council have endorsed Ossia’s Cota Real Wireless Power.
suggested this price could be a tipping point for The ecosystem partners of Ossia include investors,
green hydrogen and derivatives such as ammonia to commercial partners, deployment partners and
become “the energy source of choice across multiple brands who license the Cota technology.
sectors,” according to a Race to Zero press release. The technology helps to deliver the targeted
(Source:greentechmedia) power to devices located at-a-distance without using
wires, cables, or charging pads.
India, Nepal inching closer to finalise cross ENEOS HD executive officer and ENEOS IP president
border electricity sales regulatory modality Yasunori Yazaki said: “We believe Ossia’s innovative
India and Nepal are inching closer to finalize the technology has the potential to dramatically change
regulatory modality for allowing Nepali power people’s behavioral patterns, introducing a paradigm
producers access to Indian power market which shift in their lifestyles.” (Source:nsenergybusiness)
will provide an outlet for Nepal's surplus power in
the coming months, the Indian embassy. Issuing 'World's largest battery' to power Saudi
a statement, the embassy said the power/energy Arabia's $10bn green tourism mega-
secretaries of India and Nepal co-chaired the resort
8th meeting of Joint Steering Committee (JSC) on Saudi Arabia said it will build what’s claimed as the
cooperation in the Power sector that was held world’s biggest battery facility to store wind and
through video conference. solar to power a vast luxury tourist complex on
The Indian government as well as Nepal have the Red Sea that will boast 50 hotels and its own
been coordinating closely in recent years in the airport.
field of power and energy. Both nations have made The Red Sea Development Company plans to
considerably mentionable progress in the last five deploy 1 GWh-worth of battery storage to make the
years. The Red Sea Project the biggest holiday destination
Completion of South Asia's first cross border 400 on the planet to be fully powered by renewables 24
kV transmission line at Muzaffarpur-Dhalkebar; hours a day.
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