The Ministry of New and Renewable Energy has waived of Approved List of Models and Manufacturers (ALMM) on solar modules and Revised List of Models and Manufacturers (RLMM) on wind turbines for renewable energy facilities used for green hydrogen production. This is applicable to those renewable energy projects that are not only situated within an export-oriented unit (EOU) or special economic zone (SEZ) but also provide electricity only to green hydrogen (or its derivatives) production facilities situated within these demarcated zones. The aforementioned exemption from ALMM and RLMM will be applicable to all such renewable energy projects that meet all the prerequisites and are operational by December 31, 2030.
Plug Power Secures $1.66 Billion DOE Loan for Clean Hydrogen Production
The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced the closing of a $1.66 billion loan guarantee to...
