Indian state-owned energy company GAIL has signed a memorandum of understanding (MoU) with AM Green (AMG), a producer of green gases, to investigate the establishment of 2.5GW of hybrid solar photovoltaic (PV) and wind projects throughout India. The collaboration aims to conduct studies for a long-term supply of approximately 350,000 metric tonnes per annum of carbon dioxide (CO2), generated by GAIL’s gas processing facilities. This CO2 is intended for the production of eMethanol, an environmentally friendly fuel that supports carbon emissions reduction and a circular economy.
Rajeev Singhal, GAIL’s director of business development, emphasized the importance of renewable energy projects in mitigating India’s carbon footprint. โBy facilitating the supply of CO2 for eMethanol production, we are proactively addressing carbon emissions and fostering alternative fuel development,โ he stated. He highlighted that this partnership aligns with the nation’s transition toward greener energy solutions.
Furthermore, GAIL has the option to invest in the proposed eMethanol project, which marks a strategic partnership aimed at promoting sustainable energy initiatives. The hybrid solar PV and wind projects will be complemented by Greenko Groupโs upcoming pumped hydro energy storage projects, totaling 3.3GW, providing round-the-clock power to end users, including the eMethanol initiative.
AM Green, a subsidiary of the Greenko Group, aspires to become one of the most competitive producers of green hydrogen, green ammonia, and other green molecules globally. With a target of producing five million tonnes of green ammonia by 2030, translating to approximately one million tonnes of green hydrogen, AM Green is positioning itself as a leader in the clean energy transition.
Mahesh Kolli, group president of AM Green, remarked that the partnership aligns with India’s goal to emerge as a key exporter of green molecules for industrial decarbonization. โThis collaboration underscores AM Green’s commitment to providing reliable, sustainable, and cost-effective green solutions, aiding in the decarbonization of hard-to-abate sectors such as shipping, steel, and cement,โ Kolli concluded.
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