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India’s net-zero ambitions hinge on green hydrogen, S&P Global report finds

India, News

India’s target of achieving net-zero emissions by 2030 depends heavily on significant advancements in the green hydrogen sector, according to a report by S&P Global. The report warns that delays in progress could push the timeline back by as much as a decade. Green hydrogen is a key element in India’s energy transition strategy, which focuses on energy efficiency, renewable energy, low-emission fuels, and sustainable mobility. To meet its ambitious goals, India must ramp up…

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RWE, AMG in deal to supply green ammonia from India

India, News

RWE has signed a memorandum of understanding with AM Green Ammonia (AMG) for the long-term annual supply of up to 250,000 tonnes of green ammonia. The ammonia, derived from hydrogen, will be produced at AMG’s facilities in Kakinada and Tuticorin, India. Initially, 50,000 tonnes will be produced at Kakinada, with the remaining 200,000 tonnes sourced from the Tuticorin facility. The green ammonia will meet the EU’s Renewable Fuels of Non-Biological Origin (RFNBO) standards under the…

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Hygenco and REC sign $280 million MoU for green ammonia project in Odisha

India, News

Hygenco Green Energies and REC Limited have signed a Memorandum of Understanding (MoU) at the 4th Global Renewable Energy Investors Meet in Gandhinagar, Gujarat, to finance Hygenco’s green ammonia project in Gopalpur, Odisha. Under the agreement, REC will invest $280 million in the project. Hygenco plans to expand its investments in India, with $2.5 billion earmarked for green hydrogen and green ammonia projects in the coming years. In recent developments, Hygenco has signed MoUs with…

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Siemens to supply electrolysers for Hamburg Green Hydrogen Hub

Global, News

Siemens Energy has been contracted to supply and install six electrolyser units for the Hamburg Green Hydrogen Hub (HGHH), which is constructing a 100 MW green hydrogen electrolysis plant at the former Moorburg coal site. The plant, set to be fully operational by 2027, will produce 10,000 tonnes of green hydrogen annually. Siemens Energy will also provide ten years of maintenance, with electrolyser stacks manufactured at its Berlin gigafactory and assembled in Mühlheim and another…

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Ohmium to invest Rs 4 billion in Tamil Nadu for green hydrogen plant

India, News

Tamil Nadu has secured a Rs 4 billion investment from US-based Ohmium International, Inc., to establish a green hydrogen manufacturing facility in Chengalpattu district. This announcement was made by Chief Minister M K Stalin during his visit to the United States. Ohmium International specializes in designing and manufacturing modular, scalable Proton Exchange Membrane (PEM) electrolyzers, which are essential for cost-competitive green hydrogen production. The company’s electro-chemical products support sustainable energy goals across various industrial, transportation,…

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Tamil Nadu inaugurates Sembcorp’s green ammonia plant in Tuticorin

India, News

Tamil Nadu Chief Minister MK Stalin inaugurated 19 projects worth Rs 17.62 billion and laid the foundation for 28 more with a total investment of Rs 51.16 billion. The most significant project is a Rs 36.24 billion green ammonia plant by Singapore-based Sembcorp Industries, located in Tuticorin. This plant will produce 200,000 tonnes of green ammonia annually, exporting zero-emission fuel to Japan. Nippon Yusen Kabushiki Kaisha will handle the maritime transportation of the green ammonia….

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Hygenco, Mitsubishi Power partner to advance green hydrogen, ammonia technologies

India, News

Hygenco Green Energies and Mitsubishi Power have signed an MoU to develop and deploy green hydrogen and ammonia-fired gas turbine combined cycle (GTCC) power plants. Hygenco will supply green fuel, while Mitsubishi Power will handle the development and management of production facilities, aiming to scale up green hydrogen for commercial viability. Mitsubishi Power is also working on converting existing GTCC plants from natural gas to hydrogen and ammonia, driving the transition to cleaner energy. This…

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India’s Green Hydrogen Journey: Dynamics and Prospects

Analysis, Features

The hydrogen market in India is predominantly grey hydrogen, produced from natural gas, accounting for about 5.6 million tonnes annually, which is nearly 6 per cent of global consumption. However, India aims to transition to green hydrogen, produced using renewable energy, to support its low-carbon economy goals. The National Green Hydrogen Mission (NGHM) launched by the Government of India (GoI) aims to establish at least 5 million tonnes of green hydrogen production capacity by 2030,…

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SEFE, Eletrobras, and EnerTech partner to supply green hydrogen to Germany

Global, News

Securing Energy for Europe (SEFE), Eletrobras, and EnerTech have signed a Joint Study Agreement (JSA) to deliver 200,000 tonnes of green hydrogen annually to Germany starting in 2030.  The partnership involves establishing a green hydrogen production facility in Brazil, utilizing electricity sourced from hydropower and other renewable options. SEFE will manage the production and shipment of green ammonia to Germany and oversee the distribution of green hydrogen across its European network.  In a separate development,…

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Satvik Green Energy files for Rs 11.50 billion IPO to fund solar expansion

India, News

Satvik Green Energy has reportedly filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 11.50 billion through an initial public offering (IPO). The offering includes a fresh issue of shares worth Rs 8.50 billion and an offer for sale of Rs 3 billion by the company’s promoters. Proceeds from the IPO will be utilized to repay debt, invest in the company’s subsidiary, Saatvik Solar Industries,…