ReNew E-Fuels has commenced work on a green ammonia plant with a production capacity of 1.2 mmtpa in the Indian state of Odisha. Naveen Patnaik, chief Minister of Odisha, laid the foundation stone of the plant. ReNew E-Fuels is developing the project with an investment of INR 22,000 crore (over $2.65 billion). The project is estimated to provide employment to more than 4,000 people.
ACME Group and IGX will explore opportunities of collaboration in developing green hydrogen and ammonia projects in India. The two parties signed a Memorandum of Understanding (MoU) recently. The partnership will span the green hydrogen and ammonia value chain, from production to logistics and supply to the industrial customers for use in a range of applications.
IDTechEx said that the materials market for proton exchange membrane (PEM) fuel cells could exceed $8 billion by 2034, with on-road vehicles, marine applications, and zero-emission trains driving growth. “The PEM fuel cell for transportation market is set to grow at a CAGR of 28% between 2024 and 2034, but there are key questions to be answered with respect to the components used in fuel cells,” said Conor O’Brien, senior technology analyst for IDTechEx.
Thyssenkrupp Steel has officially launched a call for tenders to supply hydrogen to its first direct reduction plant. “The hydrogen requirement is being put out to tender in a transparent and broad-based procedure, with the aim of operating the direct reduction plant fully on hydrogen by as early as 2029,” said the German company. It said it is organizing the call for tender in coordination with the German Federal Ministry for Economic Affairs and Climate Protection (BMWK), which, together with the state of North Rhine-Westphalia, is providing about €2 billion ($2.15 million) of funding for the plant project and the associated hydrogen ramp-up.
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