The Duck Curve#india
ADB and Japan finance AM Green's Kakinada green ammonia plant
The Asian Development Bank and Japan signed financing for AM Green's conversion of a gas-fed ammonia and urea plant in Kakinada, India, which ADB says will make about 1.1 million tons a year of renewable ammonia; the package, the first under ACCEL, includes a $100 million LEAP 2 loan. Uniper expects a first shipment as early as 2028, and first deliveries to Germany under H2Global are expected in 2029.
India drafts storage mandate for ground-mounted solar and onshore wind
India's Central Electricity Authority published a draft second amendment to its construction technical standards on September 3, 2026 that would require ground-mounted solar and onshore wind plants commissioned after July 1, 2027 to have co-located energy storage of at least 10% of installed capacity with a two-hour minimum duration, rising to four hours for plants commissioned between July 1, 2029 and June 30, 2031. Renewable plants commissioned after July 1, 2027 would also need grid-forming control on at least 15% of inverters; comments are due October 4, 2026.
