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            Energy & Power
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            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.


            Global Energy Interconnection Information                                                                                                                                             Global Energy Interconnection Information
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