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AM Green and Gail jointly to explore setting up of solar and wind hybrid renewable projects in India
AM Green BV (AMG) and Maharatna public sector giant GAIL (India) Limited have joined hands to explore the setting up of solar and wind hybrid renewable energy projects of up to 2.5GW across India.
Dr.G.R.Balakrishnan Oct 05 2024 Environment News (Marine & Others)

AM Green and Gail jointly to explore setting up of solar and wind hybrid renewable projects in India

The partnership will also focus on the long-term supply of carbon dioxide (CO2) for hybrid renewable energy projects and eMethanol production and exploration across India.

he two players plan to take up studies for long-term supply of around 350 KTA CO2 generated by GAIL in its gas processing plants to produce eMethanol, an environmentally friendly fuel that can reduce carbon emissions and promote a circular economy, AM Green said on Friday.

GAIL will also have an equity option to invest in the proposed eMethanol project, ensuring a strategic partnership that supports both companies’ objectives in promoting sustainable energy solutions, it added.

The hybrid solar and wind projects combined with Greenko’s upcoming pump storage projects are poised to supply round-the-clock power to end users, including the proposed eMethanol project, the Hyderabad-based player said.

The two players signed a memorandum of understanding (MoU) with GAIL executive director for business development and exploration & production Sumit Kishore and AM Green group president Mahesh Kolli inking the pact in the presence of GAIL director for business development Rajeev Singhal.