India’s AM Green & SJVN pact for huge renewable energy.

By Oliver Townsend Jul 3, 2024
India's AM Green & SJVN sign pact for massive renewable energy.jpegOrginal image from: https://www.fibre2fashion.com/news/chemicals-news/india-s-am-green-sjvn-sign-pact-for-massive-renewable-energy-296434-newsdetails.htm

India’s AM Green and SJVN Green Energy Limited have recently signed a Memorandum of Understanding (MoU) for a significant renewable energy project. This partnership aims to supply 4,500 MW of renewable energy to AM Green’s green ammonia facilities. The collaboration between these two entities will involve the deployment of solar and wind power in three phases, with the ultimate goal of producing 5 million tons per annum (MTPA) of green ammonia by 2030.

Partnership for Green Energy

The agreement signed between AM Green and SJVN Green Energy Limited signifies a major step towards supporting India’s National Green Hydrogen Mission and Europe’s green hydrogen import targets. By combining their expertise and resources, the two companies are set to play a critical role in the transition towards sustainable energy solutions.

Key Highlights of the Partnership

AM Green and SJVN Green Energy Limited plan to execute the renewable energy project in three phases, with the initial phase aiming to deliver 1,500 MW within two years. This initiative aligns with SJVN’s ambitious targets of reaching 25,000 MW by 2030 and 50,000 MW by 2040, marking a significant milestone in the company’s renewable energy expansion strategy.

AM Green’s Green Ammonia Production Goals

AM Green, backed by the founders of Greenko, has set a target of producing 5 MTPA of green ammonia by 2030. This ambitious goal represents a substantial portion of India’s green hydrogen production target under the National Green Hydrogen Mission and contributes to Europe’s green hydrogen import objectives.

Future Prospects and Collaborations

The partnership between AM Green and SJVN Green Energy Limited opens up new opportunities for expanding renewable energy capacity and supporting sustainable practices in the energy sector. By leveraging their combined strengths, the two companies are poised to make a significant impact on the green energy landscape in India and beyond.

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