The state government of Uttar Pradesh has received investment proposals amounting to close to INR 1.15 lakh crore from 17 different entities for producing green hydrogen/green ammonia
Hygenco has entered into a memorandum of understanding (MoU) with REC Ltd for $280 million to finance its green
ammonia project in Gopalpur, Odisha.
Under the agreement, Thermax will manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis cell (SOEC) technology for green hydrogen production.
Gensol Engineering and Matrix Gas & Renewables will set up a green hydrogen production plant on a build-own-operate basis, for offtake by the specialty chemical sector.
“The National Green Hydrogen Mission is giving an impetus to innovation, infrastructure, industry and investment,” said Prime minister Narendra Modi in his inaugural address at 2nd International Conference on Green Hydrogen.
A new report by CEEW states that India’s unconstrained RE potential exceeds 24 TW (terawatts), but not all of it is achievable. Even reaching the 7 TW required to achieve net-zero emissions by 2070 will require a holistic approach to addressing challenges such as land access, climate risks, land conflicts, and population density.
The German government says that the H2Mare OffgridWind project in Denmark has connected two electrolyzers to a wind turbine for hydrogen production, while Ontras Gastransport and H2 Energy Europe have agreed to define the technical and commercial framework for hydrogen transportation in its Green Octopus Mitteldeutschland pipeline project.
A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.
The three-day event in New Delhi will bring together thought leaders, policymakers, industry experts, and innovators from around the world to explore the latest advancements in green hydrogen technology.
Gensol Engineering, in collaboration with Matrix Gas & Renewables Ltd, will establish the project to convert 25 tons of bio-waste into one ton of hydrogen per day. The project is scheduled for completion within 18 months.
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