Waaree Energies’ board of directors has approved investment in setting up a 300 MW electrolyzer manufacturing plant and a 3.5 GWh Lithium-ion battery cell manufacturing plant.
Maharashtra-based construction engineering company Ashoka Buildcon has committed an investment of INR 9,000 crore in setting up a green hydrogen production plant in Bihar.
India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.
IGI Poseidon has partnered with Corinth Pipeworks to test carbon-steel pipes for hydrogen transport under high pressure, while Axpo has begun building a green hydrogen plant in Switzerland to fuel vessels and other applications from 2026.
The green microgrid project powers NTPC’s Energy Technology Research Alliance (NETRA) campus using a solar PV power generation system coupled with a hydrogen power storage system.
Gentari will set up around 2.4 GWp of solar and wind power generation capacity in India, backed with 350 MW/2100 MWh energy storage, to supply firm and dispatchable green power to AMG Ammonia’s facilities
Greenzo Energy will introduce EODev’s emission-free generators powered by Toyota hydrogen fuel cell technology in India and Nepal. This long-term partnership also includes provisions for local assembly of EODev products by Greenzo Energy.
The shortlisted technologies and solutions include energy-efficient green hydrogen generators, indigenous hydrogen storage systems for commercial vehicles, and alternative combustion burners to improve air quality.
The Oxford Institute for Energy Studies says addressing hydrogen leakage across the supply chain is crucial to making hydrogen a sustainable energy vector. Italy, meanwhile, has unveiled its national hydrogen strategy, with a focus on its role in the Mediterranean.
The prevailing levelised cost of Green Hydrogen (LCOH) is 1.75 times that of grey hydrogen and 1.50 times that of brown hydrogen, posing a significant barrier to its adoption. Achieving economic viability of Green Hydrogen to around $2.1 per kg requires a 35%-40% drop in electrolyser prices and a 12%-14% improvement in efficiency apart from supportive policies, says a new report by CareEdge Ratings.
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