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Browsing: Asia
This project, backed by government support, represents a significant stride towards clean energy and carbon neutrality. The plant, located in Buan County, North Jeolla Province, is set to be operational by May 2025.
The Ministry of New and Renewable Energy in India has recently issued an office memorandum, dated May 27, that exempts solar and wind energy plants from the Approved List of Models and Manufacturers (ALMM) and the Revised List of Models and Manufacturers (RLMM) requirements, provided these plants are dedicated to green hydrogen production.
Recent initiatives by car manufacturers underscore the renewed interest in utilizing hydrogen as fuel. However, realizing the vision of a hydrogen-powered future requires robust infrastructure and investment from diversified businesses, especially those in North Asia.
Hydrogen currently accounts for only 2.5% of total energy consumption, with 99% of this being “grey” hydrogen produced using fossil fuels. Green hydrogen, produced through water electrolysis powered by renewable energy sources, is the subject of growing global interest.
GAIL (India)’s commissioning of its first green hydrogen plant in Vijaipur, Madhya Pradesh marks a milestone in India’s journey toward sustainable energy.
Nel Hydrogen Electrolyser, a subsidiary of Nel ASA, has signed a technology licensing agreement with Reliance Industries Limited (RIL).
Jakson Green has made an investment of ₹3,500 crore (approximately $470 million) aimed at bolstering its renewable portfolio, with a strong emphasis on green hydrogen, methanol, and ethanol projects.
India has recently made significant strides in the green hydrogen sector, awarding tenders for 412,000 tonnes of green hydrogen production and 1.5 gigawatts (GW) of electrolyser manufacturing capacity.
India is swiftly embracing green hydrogen as a key solution to decarbonization challenges, aiming to mitigate CO2 emissions and foster energy independence. However, amidst ambitious initiatives and promising prospects, several critical considerations and challenges must be addressed.
Green hydrogen emerges as a promising solution to combat climate change and transition towards cleaner energy sources. Prof. Narendra Mohan sheds light on the role of the sugar industry in this transition, highlighting both opportunities and challenges.
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