Reliance New Energy Solar has signed an agreement with Danish firm Stiesdal A/S to develop and manufacture Stiesdal HydroGen electrolyzers for green hydrogen production in India.
Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.
The diversified business group with a 25 GW renewable energy portfolio will invest US$20 billion across renewable energy generation, component manufacturing, transmission, and distribution over the next ten years.
The Bengaluru-based solar and wind energy developer has signed a Memorandum of Understanding with Greenstat Hydrogen India to collaborate on developing projects for green hydrogen production in India.
The giga-scale factory, located in the Bengaluru city of Karnataka, will initially have the capacity to manufacture about 500 MW of electrolysis equipment per annum.
The Indian solar developer said the Oman facility would use 3 GWp of solar and 0.5 GWp of wind energy to produce 2,400 tons of green ammonia daily and approx. 0.9 million tons annually. Construction is planned in phases with an investment of $3.5 billion over the next three years.
The prime minister said green hydrogen would play a significant role in achieving India’s decarbonization goals. He also announced the nation’s ambitions to become a global hub for green hydrogen production and export.
The researchers showed a premagnetized carbon-cobalt catalyst interface could deliver up to 650% enhancement in electrocatalytic kinetics of hydrogen evolution reaction. The synergistic interface was able to sustain magnetization, and thus rapid hydrogen evolution rate, for prolonged time periods.
Australia-based Fortescue Future Industries has partnered with JSW Energy arm on green hydrogen production and application in India.
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