Page 133 - CW E-Magazine (23-4-2024)

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GROWTH PLANS
Adani to invest Rs. 2.3-lakh-crore in renewable energy by 2030

Adani Group will invest about of 45-GW of renewable energy as well as meet the requirements of other
Rs. 2.3 lakh-crore through 2030 in the capacity by 2030. “We have just now domestic renewable players and export
country’s most ambitious renewable commissioned 2,000-MW (2-GW) of markets, ANIL plans to expand its cell
energy expansion and solar and wind capacity at Khavda and plan to add and module manufacturing facility at
manufacturing capacity addition ever 4-GW in the current fi scal (fi nancial Mundra to 10-GW by 2026-27 from
as it shrugs off a short-seller attack to year ending March 2025) and 5-GW current 4-GW,” said Mr. Jaain, who is
pursue its trademark rapid growth plans. every year thereafter,” said Mr. Vneet S also a Director on the board of ANIL.
Jaain, Managing Director, AGEL.
Adani Green Energy Ltd. (AGEL) The 30-GW planned at Khavda would Crystalline silicon is turned into
will invest about Rs. 1.5-lakh-crore in comprise 26-GW of solar and 4-GW of cells capable of converting sun rays
expanding capacity to generate electri- wind capacity. into electric current and mounted on
city from solar energy and wind power at modules before being placed in high
Khavda in Gujarat’s Kutch to 30-giga- Adani New Industries Ltd. (ANIL), radiation areas such as Khavda. Electri-
watts from 2-GW currently and another a unit in the group’s fl agship Adani city thus generated is wired to the trans-
Rs. 50,000-crore in 6-7 GW of similar Enterprises Ltd., will invest close to mission grid for onward movement to
projects elsewhere in the country. Rs. 30,000-crore in expanding solar customers. “Besides solar manufactur-
cell and wind turbine manufacturing ing, ANIL is also doubling capacity to
AGEL, which currently has an capacity at Mundra in Gujarat. make windmills that generate electri-
operating portfolio of 10,934 mega- city from wind, to 5-GW in three-and-a-
watts (10.93-GW), is targeting a total “To support AGEL’s expansion plans half years,” he said.

STORAGE AND TRANSPORTATION
ACME Group partners with Hydrogenious for large-

scale hydrogen supply chain study

Gurugram-based renewable energy solar and onshore wind, while the US added. “While some will continue to
fi rm, ACME Group, has signed a memo- Infl ation Reduction Act offers production challenge the economic and technical
randum of understanding with Ger- incentives leading to competitive hydro- feasibility, we have taken conclusive
many’s Hydrogenious LOHC Techno- gen production cost. The green hydrogen decisions on our Oman project and
logies to collaborate on a feasibility produced by ACME in these projects partnering with Hydrogenious to deve-
study for the joint development of can be stored in LOHC and transported lop effi cient logistics using LOHC is
large-scale hydrogen supply chains. by tanker to Europe to supply and decar- the next step in delivering a cost-effec-
bonise industrial offtakers, energy and tive value proposition for our customers.”
The supply chains, from ACME’s mobility,” the ACME Group said. ACME’s Group President and Director,
projects in Oman to supply hubs in Mr. Ashwani Dudeja, said.
Europe, will utilise the Liquid Organic Hydrogenious’ LOHC technology
Hydrogen Carriers (LOHC) technology. is suited for large-scale hydrogen im- Hydrogenious LOHC Technologies’
Both parties also intend to extend the ports via maritime supply chains, enab- Chief Commercial Offi cer Mr. Toralf
partnership to evaluate the hydrogen ling viable and cost-effective import Pohl emphasised that due to its inherent
value chain from the US to Europe. The vectors to Europe. By safely binding safety, LOHC-BT is particularly suited
development assumes importance as stor- hydrogen to the thermal oil benzyltoluene for handling hydrogen in ports and urban
age and transportation of green hydrogen (LOHC-BT) in a chemical process, environments. It is hardly fl ammable,
is critical for developing supply chains. the volatile green molecules can be very stable, and has a competitive
effi ciently stored and transported at volumetric storage density, enabling
“Oman benefi ts from abundant re- ambient pressure and temperature using large-scale, long-distance hydrogen value
newable energy (RE) resources such as the existing liquid fuel infrastructure, it chains without hydrogen losses, he added.

Chemical Weekly April 23, 2024 133

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