Building India’s hydrogen economy requires strategic infrastructure planning, targeted investments, and supportive policies. As industrial leaders continue demonstrating the viability of renewable energy transitions, the groundwork for hydrogen infrastructure follows naturally.
Global Energy Alliance for People and Planet (GEAPP) and NITI Aayog have partnered to support Indian states in developing comprehensive energy transition plans, focusing on sustainable policies, innovative business models, and the adoption of clean energy solutions.
The hydrogen economy in India is expected to undergo vast development in the coming years owing to government support and industry funding.
A new study by government thinktank NITI Aayog provides state-wise renewable energy potential that can be harnessed by states to meet their renewable purchase obligations, RE capacity that needs to be procured by the deficit states from other RE-rich states, and storage requirement to meet the required grid balancing. The study was carried out with the support of the Central Electricity Authority and the Ministry of New and Renewable Energy.
Industry experts at the 4th Edition of the International Conference on Stationary Energy Storage India (SESI) 2024 emphasised the rapid deployment of battery energy storage system (BESS) and pumped hydro in India.
The renewable energy sector must lead responsibly by addressing land use, circularity and financing.
India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.
Through this initiative, the National Solar Energy Federation of India (NSEFI) and Hydrogen Association of India (HAI) will drive the industry response to promote indigenous manufacturing, advocate policy measures, and support pilot projects while facilitating industry-academia collaboration.
Experts at a recent workshop by industry body India Hydrogen Alliance (IH2A) and the government thinktank NITI Aayog proposed the formation of a public-private taskforce to develop gigawatt-scale green hydrogen hubs in India. The taskforce will have participation from global funding agencies, industry and government.
A new report indicates that electric two-wheelers, three-wheelers, and commercial four-wheelers are early segments to prioritize under priority-sector lending.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.