GAIL (India) Ltd. and AM Green (AMG) agreed to jointly explore development of up to 2 gigawatts of renewable energy projects and e-methanol production in India, according to a news release Oct. 4.
The renewable energy projects will target solar and wind and the focus will be on lining up long-term supplies of CO2 to produce e-methanol.
“The hybrid solar/wind projects combined with Greenko’s upcoming pump storage projects are poised to supply round-the-clock power to the end users, including the proposed eMethanol project,” the companies said in a news release. “Both [of] the parties envisage to undertake studies for long-term supply of around 350 kta [kilotons per annum] CO2 generated by GAIL in its gas processing plants to produce e-methanol, an environmentally friendly fuel that can reduce carbon emissions and promote a circular economy.”
The projects are expected to help India move closer toward its net-zero emissions targets.
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