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Prasanta Sarkar made the decision to stay behind and work on a problem while on a lengthy backpacking trip through India. He joined Entrepreneur First and immediately clicked with Rochan Sinha. They jointly established Newtrace in 2020 to create a new category of “membrane-less” electrolyzers and to make a dent in the market for “green hydrogen,” which at the moment only accounts for a tiny fraction of the 6 to 7 million tonnes of hydrogen produced in the nation each year, all from fossil fuels.

GPS Renewables appoints principal advisor of green hydrogen vertical GPS Renewables, a Bengaluru-based biofuels technology and EPC (Engineering, Procurement, and…

Globaldata estimates that the electrolyser pipeline will be above 1065 GW by the end of 2022. According to a Zawya estimate, the overall installed capacity of the world was just 300 megawatts (MW), and the total production capacity was only 2 GW globally in 2020.