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Time of India
24-05-2025
- Business
- Time of India
Rs 10k crore green hydrogen and ammonia facility to come up near Mulapeta in AP
Vijayawada-based renewable energy player Juno Joule Green Energy Pvt Ltd has inked a memorandum of understanding with German clean energy company Select Energy GmbH to co-develop an export-oriented green hydrogen and ammonia facility in Andhra Pradesh at an investment of US$1.3 billion (approx Rs 10,000 crore). The project, which will come up near Mulapeta port along the country's east coast, will be developed in three phases and aims to produce around 180 KTPA (kilo tonnes per annum) of green hydrogen by 2029, which will be converted into up to one million tons of green ammonia annually for export. Construction on the project, which will be built to meet stringent EU RFNBO (EU Renewable Fuels of Non-Biological Origin) norms, is expected to commence in 2026. The project is expected to generate around 5,000 to 6,000 direct and indirect jobs across operations, construction, logistics, and support sectors. It will also lead to technology transfer, upskilling of local talent, and the emergence of AP and Telangana region as a clean energy hub on the global map, the company said. The facility will include an advanced desalination plant to sustainably source high-purity water from seawater, electrolysers powered by a diversified mix of solar, wind, and hydropower, and port-connected pipeline infrastructure for efficient large-scale exports. The MoU was signed by Juno Joule Green Energy CEO Nagasharath Rayapati and Select New Energies GmbH managing director Felix Danger at the World Hydrogen Summit 2025 in Rotterdam, Netherlands. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
Hans India
23-05-2025
- Business
- Hans India
Juno Joule Green Energy Signs Strategic MoU with Select Energy GmbH at World Hydrogen Summit 2025 to Propel India's Green Hydrogen Export Ambitions
Juno Joule Green Energy Pvt Ltd, a fast-growing Indian leader in renewable energy solutions, announced the signing of a landmark Memorandum of Understanding (MoU) with Select Energy GmbH, a renowned German clean energy firm, at the prestigious World Hydrogen Summit 2025 on late evening May 21, 2025. The agreement, formalised at the World Hydrogen Summit 2025 in Rotterdam, marks a significant milestone in Indo-German collaboration and aims to co-develop a world-class, export-oriented green hydrogen and ammonia facility in Andhra Pradesh. This strategic move is set to unlock substantial industrial and economic opportunities for both Andhra Pradesh and Telangana, reinforcing the region's emergence as a key player in India's clean energy future. Juno Joule is the only private Indian company exhibiting independently at the summit, underscoring its leadership in the green hydrogen sector. At Booth C084, the company unveiled its ambitious green hydrogen and ammonia project being developed at Mulapeta Port in Andhra Pradesh—an infrastructure-driven, globally connected initiative with a vision to position India as a key exporter of certified green fuels to markets such as Europe, Japan, and South Korea. The MoU was signed by Nagasharath Rayapati, CEO of Juno Joule Green Energy, and Felix Danger, Managing Director of Select New Energies GmbH, at the World Hydrogen Summit 2025 in Rotterdam, Netherlands, marking a significant step in the co-development of one of India's largest green hydrogen and ammonia export facilities. The ceremony was attended by distinguished dignitaries who underscored the global significance of this partnership. Shri Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE), Government of India, led the Indian delegation, reaffirming India's commitment to advancing Green Hydrogen exports. Shri Abhay Bakre, Director General of the National Green Hydrogen Mission, also participated, highlighting the project's alignment with India's clean energy roadmap. Representing Germany, Ms. Silke Frank, President of the German Hydrogen Association, reiterated the importance of Indo-German partnership in green technologies. The event also saw the presence of Satya Pinisetty IRS, First Secretary at the Embassy of India in the Netherlands, and Nishanth Bala Shanmugam, Director of GH2 India, both of whom have played key roles in fostering international hydrogen cooperation. Dr PV Ramesh, senior advisor to governments, international development organisations and corporate enterprises, also participated. The agreement includes equity participation in the project's Special Purpose Vehicle (SPV), development of ammonia export terminals and port-connected pipeline logistics, alignment with European regulatory frameworks like RFNBO and RED II/III, and a long-term offtake agreement with a blended pricing model that balances market stability and global competitiveness. The Juno Joule Green Hydrogen project, strategically located near Mulapeta Port on India's East Coast in Andhra Pradesh, is one of the country's most ambitious green fuel infrastructure initiatives. With a total planned investment of USD 1.3 billion (INR 10,000 crore), the project will be developed in three phases, aiming to produce approximately 180 KTPA of green hydrogen by 2029, which will be converted into up to one million tons of green ammonia annually for export. Construction is expected to commence in 2026. The facility will include an advanced desalination plant to sustainably source high-purity water from seawater, electrolysers powered by a diversified mix of solar, wind, and hydropower, and port-connected pipeline infrastructure for efficient large-scale exports. Built to meet stringent EU RFNBO criteria, the project also integrates cutting-edge technologies from global leaders such as Thyssenkrupp Nucera and KBR Inc., and is supported by international logistics collaborations with partners in Germany and the Netherlands. The economic impact on Andhra Pradesh and Telangana is expected to be transformative. The project is estimated to generate nearly 5000 to 6,000 jobs—direct and indirect—across operations, construction, logistics, and support sectors. It will also lead to technology transfer, upskilling of local talent, and the emergence of the region as a clean energy hub on the global map. Juno Joule's project is poised to supply green hydrogen and ammonia to major international markets across Europe and Asia. Aligned with India's vision to become a leading exporter of green fuels, the facility will operate entirely on renewable energy and support the decarbonization goals of industrial economies worldwide. Once fully operational, it is expected to avoid over 1.8 million tons of CO₂ emissions annually, making a meaningful contribution to global climate objectives. The MoU with Select Energy GmbH marks a significant milestone in the journey toward building scalable, clean energy infrastructure and reflects a shared commitment to advancing the global green molecule value chain for a more sustainable future. Speaking about the partnership 'We are honored to partner with SELECT as a co-developer in our mission to build a globally competitive green energy hub in India,' said Nagasharath Rayapati, CEO of Juno Joule Green Energy Private Limited. 'With their deep expertise in energy trading and end-to-end logistics including shipping infrastructure - this collaboration reinforces our execution capability and accelerates the global transition to a low-carbon economy' added Rayapati. India's green hydrogen industry currently faces challenges around certification, logistics, and market integration. Juno Joule addresses these through its export-first model, strategic partnerships, and future-ready infrastructure. Unlike many domestic-focused or pilot-scale projects, Juno Joule's facility is purpose-built for industrial execution and global deployment. Its phased modular approach allows for agility, faster go-to-market timelines, and risk mitigation while maintaining alignment with India's National Green Hydrogen Mission. The World Hydrogen Summit 2025 saw representation from 130 countries, with over 25 country pavilions and more than 700 exhibitors.
The Hindu
23-05-2025
- Business
- The Hindu
Hyderabad-based Juno Joule, Germany's Select Energy ink MoU for green hydrogen, ammonia facility in AP
Hyderabad-headquartered Juno Joule Green Energy has signed an MoU with German clean energy firm Select Energy GmbH to co-develop an export-oriented green hydrogen and ammonia facility in Andhra Pradesh. Unlocking substantial industrial and economic opportunities for both Andhra Pradesh and Telangana by shaping the region as a key player in India's clean energy future is an objective behind the MoU, it said following signing of the agreement at the World Hydrogen Summit 2025 in Rotterdam on Wednesday (May 21, 2025). The agreement includes equity participation in the project's special purpose vehicle (SPV), development of ammonia export terminals and port-connected pipeline logistics, alignment with European regulatory frameworks like RFNBO and RED II/III, and a long-term offtake agreement with a blended pricing model that balances market stability and global competitiveness, it said in a press release on Thursday (May 22, 2025). Juno Joule said it is the only private Indian company exhibiting independently at the summit. It is showcasing details of an ambitious green hydrogen and ammonia project being developed at Mulapeta Port in Andhra Pradesh. With a total planned investment of $1.3 billion (₹10,000 crore), the project is to be developed in three phases to produce approximately 180 KTPA of green hydrogen by 2029, which will be converted into up to one million tons of green ammonia annually for export. Construction is expected to commence in 2026. The project is estimated to generate 5000 to 6,000 direct and indirect jobs across operations, construction, logistics, and support sectors. The facility will include an advanced desalination plant to sustainably source high-purity water from seawater, electrolysers powered by a diversified mix of solar, wind, and hydropower, and port-connected pipeline infrastructure for efficient large-scale exports. CEO of Juno Joule Green Energy Nagasharath Rayapati and Select New Energies GmbH MD Felix Danger signed the MoU, the company said.
Time of India
22-05-2025
- Business
- Time of India
Juno Joule signs MoU with Germany's Select Energy for $1.3 bn green hydrogen project
New Delhi: Juno Joule Green Energy Pvt Ltd has signed a Memorandum of Understanding (MoU) with Germany-based Select Energy GmbH to jointly develop a green hydrogen and ammonia export facility at Mulapeta Port in Andhra Pradesh with a planned investment of $1.3 billion (₹10,000 crore), the company said. The MoU was signed during the World Hydrogen Summit 2025 in Rotterdam on May 21 by Nagasharath Rayapati, CEO of Juno Joule, and Felix Danger, Managing Director of Select New Energies GmbH. The facility is planned to be built in three phases and will produce 180 KTPA of green hydrogen by 2029. The hydrogen will be converted into up to one million tons of green ammonia annually for export. Juno Joule said the partnership includes equity participation, development of ammonia export terminals, port-connected logistics infrastructure, alignment with European frameworks such as RFNBO and RED II/III, and a long-term offtake agreement with a blended pricing model. 'We are honored to partner with SELECT as a co-developer in our mission to build a globally competitive green energy hub in India. With their deep expertise in energy trading and end-to-end logistics including shipping infrastructure - this collaboration reinforces our execution capability and accelerates the global transition to a low-carbon economy,' Rayapati said. The company said the facility will use electrolysers powered by solar, wind, and hydropower, and a desalination unit to supply high-purity water. Technology partners for the project include Thyssenkrupp Nucera and KBR Inc. Construction of the project is expected to begin in 2026. It will be aligned with the European Union's Renewable Fuels of Non-Biological Origin (RFNBO) criteria. Logistics coordination is also underway with partners in Germany and the Netherlands. Juno Joule estimates that the project will generate between 5,000 and 6,000 jobs across operations, logistics, construction, and supporting sectors. The project is expected to help avoid 1.8 million tonnes of CO₂ emissions annually once operational. Officials from the Ministry of New and Renewable Energy , National Green Hydrogen Mission, the Indian Embassy in the Netherlands, and German Hydrogen Association were present during the MoU signing ceremony.
