Verdagy has secured a $25 million investment for its new electrolyzer technology, which provides hydrogen fuel for heavy industrial applications. The membrane-based technology uses large active area cells, high current densities, and broad operating ranges to deliver hydrogen at scale.
The global steel industry is poised to shift from coal to hydrogen. With enough high-quality iron ore and low prices for hydrogen, India could play a pivotal role in global steel decarbonisation given its large and growing economy.
According to BloombergNEF, electrolyzer shipments may reach up to 2.5GW in 2022, up significantly from 458MW last year. China and the United States will become the world’s first and second markets, respectively.
The hype surrounding green hydrogen is real, but does the cost-reduction outlook for its production technologies live up to it? Christian Roselund looks at the technology, transportation, application and enabling policies behind the promising green energy carrier.
While there are still many uncertainties as to the way in which hydrogen trade might evolve and change economic ties and political dynamics between countries, experts agree that green hydrogen can bring winds of change to the global energy arena. According to the International Renewable Energy Agency, significant geoeconomic and geopolitical shifts are just around the corner.
Indian renewable energy developer Hero Future Energies has partnered with US-based Ohmium International on the development of green hydrogen plants in India, the UK, and Europe with a cumulative electrolyzer capacity of 1 GW.
The plant at its Jorhat oilfield in Assam will produce green hydrogen using anion exchange membrane (AEM) technology.
The mission envisages commercial production of green hydrogen production in the nation from the financial year 2025-26 onwards.
The project would be a test case to assess the potential of solar-powered hydrogen to displace costly and polluting diesel-based energy generation systems in far-off regions of the country like Ladakh and Jammu & Kashmir.
Developed by Canada-based Hydrogen Optimized, the electrolyzer can be used to stabilize electrical grids and optimize energy recovery from intermittent renewable power sources such as solar and wind. Furthermore, this week four more big international partnerships for developing green hydrogen were announced across Germany, the Middle East, and Australia.
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