Hydrogen

The diversified business group will invest over INR 60,000 crore ((US$ 8.1 billion) over the next three years to build Giga factories for solar, energy storage, electrolyzers, and fuel cells, respectively, to create a fully integrated, end-to-end renewables energy ecosystem. Additional INR 15,000 crore (US$ 2 billion) is planned to create a value chain, partnerships, and future technologies.

If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?

JSW Steel will bring industry majors and the government together for hydrogen commercialization in the steel and cement sectors. CSIR-National Chemical Lab would work closely with the private sector on hydrogen development projects. Scottish Development International (SDI) brings the expertise from the implementation of large-scale hydrogen projects in Scotland.

The state-run power company wants to explore the feasibility of using hydrogen instead of diesel for back-up power and micro-grid application.

Spanish PV project developer Gransolar is planning to build a large-scale green hydrogen production plant in the Port of Almería, in southern Spain.

New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it sees a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.

Global and Indian industry players have created an India hydrogen alliance committed to building a hydrogen economy and supply chain in India. NYSE-listed hydrogen solutions provider Chart Industries and India’s Reliance Industries will act as co-leads of the coalition that aims to help develop hydrogen production and storage, industrial and transport use-cases.

When coupled to gigawatt-scale solar and wind generation, green hydrogen could be the clean fuel to unlock hard-to-electrify sectors of the economy. But first it must be transported cost-effectively to where it’s needed.

Ireland’s Fusion Fuel Green would first set up a demonstrator plant for BGR Energy to generate cost-competitive green hydrogen. The plant would come up in Tamil Nadu’s Cuddalore district in the second half of 2021. It would then co-develop projects with BGR throughout India.

The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.