The Indian government, via the Solar Energy Corporation of India (SECI), has initiated a tender to purchase 539,000 tonnes of green hydrogen-based ammonia annually for ten years. This will be distributed across eleven projects nationwide. SECI will conduct a reverse auction for the lowest bid, with example prices ranging from $960-$1,030 per ton, a significant premium over grey ammonia prices ($303.33-$475.71 per ton). Winning bids will include a three-year subsidy of up to 8.82 rupees per kilogram of ammonia. Projects must meet stringent timelines and quality standards, with delivery points at fertilizer plants along India’s coasts. According to the China Energy Storage Alliance (CNESA), China installed 1,375.8 MW / 2,968.4 MWh of BESS in the month of May 2024, with…