Andhra Pradesh requires an estimated $10-15 billion to achieve 500 ktpa green hydrogen capacity by 2030. Around 70% of this investment will be needed to create renewable energy infrastructure such as solar and wind power generation plants, with the balance for electrolyzer capacity additions.
Mukesh D Ambani, the chairman and managing director of Reliance Industries, says the company aims to open a fully integrated solar gigafactory by the end of 2025. It also plans to initiate megawatt-level sodium-ion cell production by 2025.
UW–Madison has developed an environmentally friendly approach for producing essential drug ingredients by opting for hydrogen, while India has presented new green hydrogen standards.
As the US and British government press ahead with their hydrogen support projects, a team from Korea and the US has developed an iridium nanostructure catalyst, which decreased the amount of the chemical element. Meanwhile, hydrogen projects are proceeding in West Virginia, Denmark, Finland, and Japan.
A research team has developed OHP-based photoanodes for photoelectrochemical (PEC) water splitting, minimizing the usual limitations. Meanwhile, China released its first hydrogen guideline, and Germany announced €18.6 billion for the hydrogen industry. Finally, a German company finds out that hydrogen trains are more expensive than battery-operated vehicles.
India’s National Green Hydrogen Mission targets the development of 5 million metric tonnes of green hydrogen production capacity per annum by 2030, which would require the nation to install 60-100 GW of electrolyzer capacity.
Adani New Industries Ltd recorded a revenue of INR 1,898 crore ($229 million) in the first quarter of FY 2023-24, 209% up year-on-year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 7.5 times to INR 355 crore as export volumes surged 19 times.
The German authorities have announced plans to double domestic electrolysis capacity to 10 GW by 2030, BloombergNEF has reported that green hydrogen became competitive with gray hydrogen earlier than expected, and Chinese researchers have presented new research on microbial hydrogen production.
The company’s manufacturing plant in Haryana will produce proton exchange membrane (PEM) electrolyzers based on the technology from its Spanish parent firm H2B2 Electrolysis. The plant will start production by October.
The European Commission and the European Investment Bank have agreed to collaborate with Argentina, Chile and Uruguay on hydrogen, while Masdar, Mitsubishi and Inpex have said that they will use green hydrogen to produce e-methane and polypropylene.
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