Browsing: REGIONAL

Germany’s OWP Butendiek offshore wind farm is making waves in the renewable energy sector with the signing of a groundbreaking offshore power purchase agreement (PPA). This landmark agreement, with the invaluable support of Pexapark, a software and consulting firm specializing in renewable energy, is a pioneering move in the emerging field of green hydrogen production.

India has placed a significant bet on green hydrogen. The Indian government has already committed substantial financial resources, with over Rs 19,000 crores earmarked to transform the nation into a “global hub” for green hydrogen energy production, utilization, and export. However, a recent report by Bengaluru-based think-tank Climate Risk Horizons has raised important questions about the potential environmental impact of India’s green hydrogen initiatives.