GAIL and AM Green will jointly explore setting up of solar/wind hybrid renewable projects to enable supply of Renewable Energy – Round the Clock (RE-RTC) Partnership to focus on the long-term supply of carbon dioxide (CO2), and eMethanol production and exploration across India AMSTERDAM and NEW DELHI, Oct. 4, 2024 /PRNewswire/ — GAIL (India) Limited and AM Green B.V. (AMG) have signed a Memorandum of Understanding (MoU) to explore projects aimed at advancing sustainable energy solutions in India. The partnership focuses on the long-term supply of carbon dioxide (CO2) for hybrid renewable energy project, and eMethanol production and exploration across India.

Introduction to the Memorandum of Understanding

In a significant move towards sustainable energy, GAIL and AM Green have signed a Memorandum of Understanding (MoU). This agreement marks a collaborative effort to harness the power of renewable energy sources, specifically solar and wind, to meet India’s growing energy demands. ## Joint Exploration of Solar/Wind Hybrid Projects

• Both parties aim to establish solar/wind hybrid projects up to a capacity of 2.5 GW across India. * The projects will combine the strengths of solar and wind energy, ensuring a more reliable and consistent power supply.
  

  # Introduction: A Leap Towards Sustainable Energy

  The global energy landscape is undergoing a significant transformation, with a growing emphasis on sustainability and decarbonization. In this context, AM Green’s recent signing of one of the world’s largest carbon-free, renewable energy supply contracts marks a pivotal moment in the journey towards a greener future.

  The company, with its joint venture partner, is planning to set up 10 plants in the country. The ammonia production will be powered by renewable energy sources. This move is part of the broader effort to transition away from fossil fuels and to promote clean energy in the industrial sector.

  Introduction to the Memorandum of Understanding

  In a significant move towards sustainable development, GAIL and AM Green have entered into a Memorandum of Understanding (MoU) to collaborate on renewable energy projects and green chemical initiatives. This partnership aims to harness the power of renewable resources and promote environmentally friendly chemical processes. * Key Objectives:

  • Development of renewable energy projects up to 2.5 GW
  • Joint ventures in green chemical projects

  Renewable Energy Projects

  # Solar Power Initiatives

  • GAIL and AM Green plan to develop solar power projects with a combined capacity of up to 2.5 GW.