New Delhi recently witnessed a milestone agreement between ReNew Power and SCZONE, paving the way for the establishment of a green hydrogen production plant in Egypt’s Sokhna industrial zone.
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According to its chairman and CEO, India’s ReNew Power is looking into ways to expand its use of green hydrogen in those two countries and other countries as well.
The project’s overall capacity for producing green hydrogen will increase to 2,20,000 tonnes per year.
The renewable energy developer is ready to invest INR 18,000 crore (US$ 2414.29 million) in setting up a 50 kilotonne per annum green hydrogen production plant in the State.
