AM Green, a hydrogen and ammonia producer, has set its sights on a monumental expansion, and it’s attracting significant financial backing. Owned by the founders of India’s renewable energy giant, Greenko Energy Holdings, AM Green is in the midst of raising an impressive $1 billion to fuel its ambitious growth.
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.
India’s vision of becoming a green hydrogen leader has come under scrutiny as the think tank Climate Risk Horizons expresses concerns regarding the nation’s ambitious goal to produce five million metric tons of green hydrogen annually by 2030.
India’s aspirations for green hydrogen production, a key element of its decarbonization strategy, face significant challenges, warns a report by Climate Risk Horizons. This article delves into the hurdles and potential consequences.
India’s Adani Group has set its sights on raising up to $4 billion, as reported by Bloomberg News. The grand goal? To propel the development of green hydrogen technologies, marking a significant stride in the global race toward clean energy alternatives.
NTPC’s National Energy Technology Research Alliance (NETRA) and Engineers India Ltd (EIL) have taken a significant step in India’s quest for sustainable energy and carbon reduction.
Tata Motors, a pioneer in India’s automotive industry, is making significant strides in sustainable mobility with a strong focus on hydrogen-powered technologies.
India is poised to play a pivotal role in the global green hydrogen revolution, with its ambitious National Green Hydrogen Mission (NGHM) aiming to establish the country as a global hub for green hydrogen production and use.
Taiwanese Evergreen has partnered with Copenhagen Infrastructure Partners (CIP) to explore the production and utilization of hydrogen-based marine fuels. This collaboration signals a significant step towards a greener maritime industry.
Horizon Fuel Cell is venturing into the electrolyzer market with a new Singapore-based subsidiary. This move highlights the company’s commitment to addressing the growing demand for green hydrogen production, a key element in the global transition towards a low-carbon future.
