A top government official said India will give green hydrogen fuel manufacturers at least 10% of their costs under a $2 billion scheme starting in June.
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According to Electricity and Renewable Energy Minister R K Singh, India opposes expanding the concept of “green hydrogen” to include fuel derived from low-carbon energy sources as several Western nations have suggested during G20 meetings.
To build a green hydrogen power plant in Pudimadaka near Visakhapatnam, the NTPC Simhadri has signed an MoU. The industrial and hydrogen areas would be the two key domains of the project.
China’s National Energy Administration Administrator, Zhang Jinhua, recently paid a visit to Namibian President Hage Geingob to establish cooperation in the production of green hydrogen. Namibia hopes to become a leading producer of green hydrogen to attract investment from global renewable energy leader China.
The largest shipbuilding and repair facility in India, Cochin Shipyard Limited (CSL), has begun building the first domestic hydrogen fuel cell vessel.
China’s fuel cell vehicle (FCV) market has had tremendous expansion in recent years, with sales of FCVs experiencing a compound annual growth rate of 32.3% from 2016 to 2022.
Through its R&D and business portfolio, which is centered on three business divisions, namely Rail Solution, Defense Solution, and Ecoplant, Hyundai Rotem will pursue the global market. By adapting to the quickly shifting global environment and securing products that include cutting-edge technology based on the 4th industrial revolution, it is concentrating on developing future growth engines.
At a private chemical factory in Nagda, a hydrogen gas leak resulted in severe burn injuries to four workers. Three of them were deemed critical and sent to an Indore hospital.
In a long-term partnership to investigate the potential of the green hydrogen industry, France-based McPhy Energy and Larsen & Toubro (L&T) announced that they had signed a contractual deal for the manufacture of electrolyzers.
In order to establish several decentralized green hydrogen production facilities in the state of Andhra Pradesh, Amplus Solar and the Andhra Pradesh government have signed a Memorandum of Understanding (MoU).