Gensol Engineering and Matrix Gas Secures Contract for India's First Bio-Hydrogen Project
POWER & RENEWABLE ENERGY

Gensol Engineering and Matrix Gas Secures Contract for India's First Bio-Hydrogen Project

A consortium of Gensol Engineering and Matrix Gas & Renewables has won a Rs.1.64 billion (~$19.53 million) engineering, procurement, and construction (EPC) contract to develop India's first bio-hydrogen project. The facility will convert 25 tons of bio-waste into one ton of green hydrogen daily and is expected to be completed within 18 months, according to a filing by Gensol.

The project will use cutting-edge Pre-Gasification Plasma-Induced Radiant Energy-Based Gasification System technology, developed by U.S.-based Westinghouse, with which Gensol has formed a strategic partnership. Westinghouse has successfully implemented similar projects globally.

In a separate move, Gensol Engineering announced the acquisition of a 99.99% equity stake in Gridstor Energy, investing Rs.99,990 (~$1,191). Through Gridstor, Gensol plans to focus on renewable energy projects involving solar, wind, and battery storage systems.

Additionally, Gensol has expanded into the U.S. market with the launch of its Delaware-based subsidiary, Scorpius Trackers, targeting the rapidly growing solar tracker market. The company aims to supply over 2,000 MW of solar trackers annually by 2028, with its first U.S. office located in California.

Gensol also emerged as a winning bidder in SECI's auction for a 237 MW hydrogen electrolyzer manufacturing capacity, further advancing its renewable energy portfolio in collaboration with Matrix Gas & Renewables.

A consortium of Gensol Engineering and Matrix Gas & Renewables has won a Rs.1.64 billion (~$19.53 million) engineering, procurement, and construction (EPC) contract to develop India's first bio-hydrogen project. The facility will convert 25 tons of bio-waste into one ton of green hydrogen daily and is expected to be completed within 18 months, according to a filing by Gensol. The project will use cutting-edge Pre-Gasification Plasma-Induced Radiant Energy-Based Gasification System technology, developed by U.S.-based Westinghouse, with which Gensol has formed a strategic partnership. Westinghouse has successfully implemented similar projects globally. In a separate move, Gensol Engineering announced the acquisition of a 99.99% equity stake in Gridstor Energy, investing Rs.99,990 (~$1,191). Through Gridstor, Gensol plans to focus on renewable energy projects involving solar, wind, and battery storage systems. Additionally, Gensol has expanded into the U.S. market with the launch of its Delaware-based subsidiary, Scorpius Trackers, targeting the rapidly growing solar tracker market. The company aims to supply over 2,000 MW of solar trackers annually by 2028, with its first U.S. office located in California. Gensol also emerged as a winning bidder in SECI's auction for a 237 MW hydrogen electrolyzer manufacturing capacity, further advancing its renewable energy portfolio in collaboration with Matrix Gas & Renewables.

Next Story
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Next Story
Infrastructure Energy

ASECOL Launches 50 MW Solar Power Plant in Chitrakoot

ASECOL, a subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 50 MW solar power plant in Chitrakoot, Uttar Pradesh. The plant has a 25-year Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) at Rs. 3.07/kWh. This milestone increases AGEL's total renewable energy capacity to 3,520 MW, moving closer to its 25 GW target by 2025. With the successful commissioning of this plant, AGEL’s operational solar generation capacity exceeds 3 GW. The company’s total renewable capacity stands at 15,240 MW, including 11,720 MW under development. The facility..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000