Gensol Engineering Ltd, in collaboration with Matrix Gas and Renewables, has emerged as a winner bidder for 237 MW of annual electrolyzer manufacturing capacity under the government’s production-linked incentive (PLI) scheme. With this, it has secured a cumulative 300 MW capacity under the PLI tender launched by Solar Energy Corp. of India (SECI), including 63 MW awarded in the first round.
Advait Infratech has signed a technology licensing agreement to gain access to Guofu Hydrogen Energy’s technology for alkaline electrolyzer production.
Advait Infratech has reported a net profit (profit after tax) of INR 583.16 lakh in the April-May-June quarter of FY 2024-25, around 300% increase over INR 146.48 lakh profit for the corresponding period of the last fiscal.
BloombergNEF says clean ammonia supplies could expand by 30 times to 32 million tons by 2030, while MAX Power Mining has roughly tripled the size of its Rider Natural Hydrogen Project in western Canada.
Hygenco Green Energies and Mitsubishi Power have joined hands for delivering green hydrogen-/ammonia-fired gas turbine combined cycle (GTCC) power plants. Hygeno will develop and deploy green hydrogen and green ammonia production assets to supply green fuel for Mitsubishi Power’s GTCC technology to the potential customers.
Oriana Power Ltd is setting up a gigawatt-scale factory to produce alkaline electrolyzers and balance-of-plant (BOP) modules in partnership with US-based Splitwaters. The factory will be commissioned in two phases, with the first 500 MW phase to be operational by 2026.
H-TEC will be able to produce more than 1 GW of electrolyzers starting next year. “We installed the first production lines and will have our official opening in September this year,” Maximilian Kuhnert, sales manager at H-TEC, told pv magazine.
Thermax, which partnered with Australia’s Fortescue Future Industries (FFI) last year, is looking at different ways of green hydrogen generation for commercial and industrial customers in India.
Advait Infratech’s wholly owned subsidiary, A&G Hydrogen Technologies, will engage in the manufacturing and assembling, integral supplies, and trading of equipment to meet the requirements of green ammonia, green hydrogen and green methanol projects.
Hydrogen electrolysers are emerging as key players in grid balancing and energy storage strategies worldwide. By converting excess renewable electricity into hydrogen during periods of low demand, electrolysers offer a scalable solution to store energy for later use.
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