The electrolyzer market in India to supply green hydrogen for steel, ammonia, and methanol industries will soar from $4 billion in 2030 to $78 billion by 2050 if the nation stays on track to achieve its declared net zero target.
The Ministry of New & Renewable Energy, Government of India, has extended the deadline for submission of R&D proposals under National Green Hydrogen Mission, to April 27, 2024.
With its versatility and potential for decarbonization, hydrogen is scripting a new chapter in the narrative of clean energy.
Overcoming industry challenges requires collective efforts and partnerships that foster innovation and shared growth. This is why digital ecosystems are now becoming the buzz words and a necessity for the manufacturing companies in the renewable energy value chains.
A group of researchers has identified a multispecies bacterial community that could reportedly increase the efficiency of hydrogen generation via microbial metabolism. The proposed hydrogen system achieved a more than double production rate compared to common biological hydrogen production technologies.
H2 Mobility’s live map has reported the planned closure of at least three hydrogen filling stations throughout Germany in the coming months, while the Japanese government has revealed plans to support the development of low-carbon aviation solutions, including hydrogen-combustion engines.
India’s Sterling Generators and Spain’s Tecnicas Reunidas have signed an agreement to jointly develop electrolyzers for green hydrogen production in India.
In addition to the cost of electricity, the price of hydrogen depends largely on the up-front investment cost of the electrolyzer. The lower the full-load hours, the greater the impact. Analyst BloombergNEF (BNEF) sees a number of different possible pathways for the market to develop.
TCPL Green Energy Solutions has inaugurated a new manufacturing facility to produce hydrogen-based internal combustion engines for medium and heavy commercial vehicles.
The Indian business delegation, led by the representative from the Ministry of New and Renewable Energy (MNRE), Government of India, included key officials from leading companies significantly contributing to the production of green hydrogen and its derivatives in India, such as Acme, Avaada Group, Hygenco, and Torrent Power.
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