Green hydrogen: A key enabler for a sustainable future
Green hydrogen holds the potential to decarbonize critical sectors and provide clean energy solutions. However, it accounts for less than 1% of global hydrogen production. Targeted interventions are required to facilitate a smooth transition toward a green hydrogen economy.
IH2A submits plan for $5 billion national green hydrogen hubs by 2030
Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.
Ohmium, NTPC sign PEM electrolyzers supply deal
Ohmium’s proton exchange membrane (PEM) electrolyzers will be used by NTPC to decarbonize energy, transport and ammonia projects.
L&T forms Green Energy Council
The council will identify technology trends in green energy, analyze the evolving global policy developments, evaluate emerging business models, and advise on collaborations.
Larsen & Toubro’s electrolyzer fab to start production this fiscal
The Indian multinational EPC company is setting up a pressurized alkaline electrolyzer factory with a capacity of 1 GW per annum. It expects to produce the first few electrolyzers from this facility by March next year.
Green hydrogen demand to reach 2.85 MMT/annum by 2030
A new report estimates India will reach annual green hydrogen demand of 2.85 million metric tons (MMT) by 2030 under the current policy and project momentum. To meet this demand, it will need 62 GW of additional renewable energy capacity, 29 GW of electrolyzer capacity, and 11 MMT per annum of ammonia infrastructure, which together represent an investment opportunity of at least $57 billion.
BHEL to make electrolyzers
Bharat Heavy Electricals Ltd is seeking a business consultant to realize potential opportunities in electrolyzer manufacturing and the green hydrogen value chain.
India will require INR 9 trillion capex to meet 2030 green hydrogen target
A new report says India will require INR 5.5-6 trillion to create 115-125 GW of renewable energy capacity and INR 3-3.5 trillion to meet 35-40 GW of electrolyzers requirement in order to reach green hydrogen production capacity of 5 MMT per annum by 2030.
L&T signs electrolyzer manufacturing agreement with McPhy Energy
Larsen & Toubro (L&T) has signed the agreement to manufacture pressurized alkaline electrolyzers in India under a technology license from France-based McPhy Energy.
CSIR working on improving lifetime of electrolyzers
The Council of Scientific & Industrial Research’s Hydrogen Technology (H2T) program focuses on improving the lifetime of electrolyzers by developing thermochemically robust membranes and electrolytes, reinforced fluoropolymer membranes, graphite composite bipolar plates, and ceramic interconnects.
