Torrent starts blending green hydrogen in city gas distribution network
Torrent has started a pilot project to blend green hydrogen with natural gas in the city gas distribution (CGD) network of Gorakhpur, Uttar Pradesh.
Govt releases incentive guidelines for green hydrogen, electrolyzer production
The Ministry of New and Renewable Energy (MNRE) has notified the guidelines for its incentive schemes to promote the domestic production of green hydrogen and electrolyzers.
Avaada Group closes $1.3 billion funding round
The integrated energy company has closed $1.3 billion in financing for its green hydrogen, green methanol, green ammonia, solar manufacturing, and renewable power generation ventures.
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.
L&T advances renewables infrastructure for world’s largest green hydrogen plant
Larsen & Toubro (L&T) is set to begin constructing the renewable energy generation, storage, and grid infrastructure for the green hydrogen production facility in Saudi Arabia, as it has made significant progress from design to procurement.
Novel approach to PV-battery-electrolyzer-fuel cell systems
TU Delft scientists have proposed a new methodology for off-grid PV-battery-electrolyzer-fuel cell systems in remote areas.
Green hydrogen market could hit $850 billion in 2050
Research outfit Rethink Energy says the green hydrogen market could reach $850 billion in value by 2050.
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.
All major ports should switch to over 90% renewable energy by 2047, say new guidelines
The recently issued green port guidelines emphasize using clean energy in port operations and developing port capabilities for storage, handling, and bunkering of greener fuels such as green hydrogen, green ammonia, and green methanol.
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.
