ACWA Power and L&T Unite for Saudi’s Yanbu Green Hydrogen Megaproject

In a important step toward advancing Saudi Arabia’s clean energy ambitions, Saudi Arabia based ACWA Power and India's Larsen & Toubro (L&T) have signed a Memorandum of Understanding (MoU) to collaborate on the renewables and grid infrastructure for the Yanbu Green Hydrogen Hub, one of the world’s largest green ammonia projects.

ACWA Power is a key player in Saudi Arabia’s Vision 2030, driving large-scale renewable energy projects and green hydrogen initiatives. It often partners with global firms and sovereign entities to deliver sustainable infrastructure at scale.

The agreement was formalized between ACWA Power and L&T’s Renewables arm (RENU), outlining joint development of critical components including solar photovoltaic systems, wind energy installations, battery energy storage systems (BESS), and high-voltage substations and transmission lines.

A Catalyst for Global Decarbonization

The Yanbu Green Hydrogen Hub is designed as a fully integrated facility powered entirely by renewable energy, aligning with Saudi Arabia’s Vision 2030 and its commitment to global climate goals. Once operational, the hub will produce green ammonia for export, supporting international decarbonization efforts.

“This project underscores Saudi Arabia’s leadership in the global energy transition,” said Marco Arcelli, CEO of ACWA Power. “We are proud to partner with L&T to deliver a facility that will help countries meet their net-zero targets.”

T Madhava Das, Whole-Time Director and Senior Executive Vice President at L&T, emphasized the strategic importance of the region: “Saudi Arabia’s competitive renewable energy landscape and its geographic advantage along the India–Middle East–Europe corridor make it a pivotal player in the clean energy economy.”

Next Steps: Toward EPC Execution

Following the MoU, L&T is expected to enter into an Engineering, Procurement, and Construction (EPC) contract, subject to final proposal approvals. The collaboration marks a deepening of ties between Indian and Saudi energy stakeholders, reinforcing regional cooperation in sustainable infrastructure.

Adani Powers India’s First Off-Grid 5MW Green Hydrogen Plant in Kutch

That’s a major leap for India’s clean energy ambitions! Adani New Industries Limited (ANIL) has officially commissioned the country’s first off-grid 5 MW green hydrogen pilot plant in Kutch, Gujarat. What makes this facility stand out is that it’s entirely powered by solar energy and integrated with a Battery Energy Storage System (BESS), allowing it to operate independently of the main power grid.

The plant uses a fully automated, closed-loop electrolyser system that dynamically adjusts to real-time solar input—crucial for maintaining efficiency despite the variability of renewable sources. It’s not just a technical milestone; it’s also a proof of concept for Adani’s upcoming Green Hydrogen Hub in Mundra, which aims to scale up production and support India’s National Green Hydrogen.
 

Green hydrogen shines in decarbonizing hard-to-abate sectors like steel, cement, and long-haul transport—areas where batteries fall short. It’s also a strong candidate for seasonal energy storage and exportable clean energy in the form of ammonia or synthetic fuels.

This pilot could be a game-changer for hard-to-abate sectors like fertilizers, refining, and heavy transport.

Green Hydrogen vs. Other Clean Fuels

Fuel Type	Emissions Profile	Key Advantages	Challenges
Green Hydrogen	Zero emissions (if powered by renewables)	Versatile, storable, ideal for heavy industry	High production cost, infrastructure still emerging
Blue Hydrogen	Lower emissions (with carbon capture)	Uses existing natural gas infrastructure	Relies on fossil fuels, CCS not 100% efficient
Biofuels	Low to moderate emissions	Compatible with existing engines	Land use, food vs. fuel debate
Electricity (RE)	Zero emissions at point of use	Highly efficient, scalable for transport & homes	Storage limitations, grid dependency
Ammonia (Green)	Zero-carbon fuel (if green hydrogen-based)	Easier to transport than hydrogen	Toxicity, energy-intensive synthesis

Honeywell Unveils AI-Assisted Suite To Optimize Green Hydrogen Plants

• Honeywell Protonium™ uses machine learning to optimize the design and operation of green hydrogen projects
• Large-scale clean hydrogen producer Aternium to deploy new technology at planned Mid-Atlantic Clean Hydrogen Hub

Honeywell (NASDAQ: HON) today announced the launch of Honeywell Protonium™, an advanced suite of technologies enabled by artificial intelligence (AI) and powered by machine learning (ML) designed to make the production of green hydrogen more efficient, cost-effective, and scalable.

Honeywell Protonium™ will first be deployed by Aternium, a US-based large-scale producer of clean hydrogen, who will leverage the new technologies across its planned Mid-Atlantic Clean Hydrogen Hub (MACH2), one of seven national hydrogen hubs selected for an award by the US Department of Energy.

To help meet industries’ growing energy demands and support a broader range of sources, Honeywell Protonium™ helps scale green hydrogen production by tackling key challenges such as power intermittency, carbon intensity reduction, and high production costs. The new solution enhances electrolysis efficiency and optimizes plant design and operations by integrating predictive control algorithms, making hydrogen production more sustainable and cost-effective.

“Our selection of the Honeywell Protonium™ portfolio for our planned Mid-Atlantic sites was a strategic decision to ensure we operate with the highest efficiency and safety standards,” said Andrew Cottone, CEO and Founder of Aternium. “Honeywell’s proven expertise and innovative solutions will be instrumental in helping us achieve our mission of producing clean hydrogen with an exceptional commitment to safety while adding value for our communities and investors.”

“Honeywell is helping to accelerate the commercial viability of green hydrogen use through optimized design and improved efficiency of plants,” said Pramesh Maheshwari, President of Honeywell Process Solutions. “As adoption of green hydrogen as a diversified energy source continues to grow, it is crucial for producers to look to autonomy to ultimately advance electrification and the energy transition. With these new technologies, we are helping to further reshape the green hydrogen landscape and equip producers with the transformative solutions they need to scale.”

The Honeywell Protonium™ portfolio includes three innovative offerings:

• Concept Design Optimizer – optimizing plant design to lower the Levelized Cost of Hydrogen (LCOH) and enable quicker investment decisions
• Hydrogen Electrolyser Control System – analysing and electrolyzer performance for greater efficiency and longevity
• Hydrogen Unified Control and Optimizer – streamlining energy management and operations across the plant to reduce operating expenditure by leveraging technologies such as digital twins, AI/ML optimization and predictive analytics

Honeywell Protonium™ is now available globally and is positioned to help deliver transformative results for clean hydrogen producers by reducing emissions, cutting costs, and empowering industries to achieve greater sustainability. For more in for mat 700 ion, please visit Honeywell.com.

L&T Incorporates New Subsidiary to Develop Green Hydrogen Projects

Larsen & Toubro (L&T) has taken a significant step in the green energy sector by incorporating L&T Green Energy Kandla Pvt Ltd, a subsidiary focused on developing green hydrogen projects. This move aligns with L&T's broader sustainability goals, following the successful commissioning of its first green hydrogen plant in Gujarat.

Green hydrogen, produced through electrolysis powered by renewable energy, is gaining traction as a clean and versatile energy carrier. L&T's new subsidiary will not only focus on hydrogen production but also explore derivatives like green ammonia, which can be crucial for industrial applications.

Several companies have been actively incorporating subsidiaries to expand their presence in green hydrogen and clean energy. Reliance Industries has been advancing its green hydrogen initiatives through Reliance New Energy Ltd, focusing on electrolyser manufacturing and hydrogen production.

Adani Group has incorporated Adani New Industries Ltd, which is working on large-scale green hydrogen projects. JSW Energy has set up JSW Future Energy Ltd, aiming to develop hydrogen-based solutions for industrial applications.NTPC has launched NTPC Green Energy Ltd. dedicated to renewable energy projects.

Govt Launches ₹200 Cr Scheme for Green Hydrogen Production

The Government of India has launched a ₹200 crore pilot scheme to promote green hydrogen production and usage in decentralized applications. This initiative, led by the Ministry of New and Renewable Energy (MNRE), aims to explore innovative methods for producing and utilizing green hydrogen in residential, commercial, and community settings.

The budget of ₹200 crore allocated for the scheme, extending through the fiscal years up to 2025-26.

The MNRE has also issued implementation guidelines to promote innovation in green hydrogen production and usage. These guidelines are part of the broader National Green Hydrogen Mission, which aims to establish a comprehensive green hydrogen ecosystem in India.

The guidelines outline criteria for pilot projects to assess the technical feasibility and safety of using green hydrogen in various sectors.

The scheme focuses on decentralized uses of green hydrogen, such as cooking, heating, off-grid power, and powering off-road vehicles.

The initiative supports technologies like floating solar-based hydrogen production, hydrogen derived from biomass, and hydrogen generated from wastewater.

These projects will assess the technical feasibility and safety of using green hydrogen as a clean, alternative fuel for household and commercial appliances, local community services, and city gas networks.

The scheme aligns with India's broader mission to promote sustainable energy options and tackle carbon emissions.

This initiative is a significant step towards diversifying India's green hydrogen sector and expanding its applications beyond traditional uses.

NTPC and Indian Army to Setup Solar Hydrogen-based Microgrid in Ladakh

NTPC and the Indian Army have partnered to establish a Solar Hydrogen-based Microgrid in Chushul, Ladakh. This project aims to provide a stable, year-round power supply using green hydrogen, replacing existing diesel generators.

The microgrid will supply 200kW of power round-the-clock throughout the year. This NTPC designed Solar Hydrogen-based microgrid system will operate independently and use hydrogen as an energy storage medium.

This initiative promotes carbon neutrality and reduces logistics dependencies in harsh, high-altitude conditions.

 

NTPC will maintain the project for 25 years, ensuring long-term sustainability. This system will replace existing diesel gensets at off-grid Army locations, providing a sustainable power supply despite harsh winter conditions, where temperatures drop to -30°C at an altitude of 4,400 meters.

Ladakh's high solar irradiance and low temperatures facilitate this project to produce and utilize green energy and eliminate reliance on fuel logistics and enhance self-sufficiency in remote areas.

In addition to the Solar Hydrogen-based Microgrid project in Chushul, NTPC is involved in several other initiatives in Ladakh. NTPC has initiated a trial run of hydrogen buses in Leh to promote sustainable transportation, and is setting up a hydrogen fuelling station and a solar plant in Leh, in collaboration with Indiam army.

NTPC is introducing five fuel cell buses for intracity routes in Leh. NTPC is advancing various decarbonisation initiatives, including hydrogen blending, carbon capture, and electric buses.

NTPC aims to achieve 60 GW of renewable energy capacity by 2032.

India Gets Additional $1.5 Bn from World Bank to Develop Low-Carbon Energy Infrastructure

The World Bank has granted USD 1.5 billion in financing to help India expedite the development of low-carbon energy infrastructure.

The financing for the operation includes a $1.46 billion loan from the International Bank for Reconstruction and Development (IBRD) and a $31.5 million credit from the International Development Association (IDA).

This funding aims to boost low-carbon energy by scaling up renewable energy and producing green hydrogen, among other initiatives. India, as the fastest-growing large economy globally, faces the challenge of decoupling economic growth from emissions growth. To achieve this, the World Bank's support focuses on:

• Green Hydrogen: The operation aims to promote the development of a vibrant market for green hydrogen, which is critical for decarbonization.
• Renewable Energy: Scaling up renewable energy is essential, especially in hard-to-abate industrial sectors.
• Climate Finance: The financing will stimulate climate finance for low-carbon energy investments, supporting India's transition toward cleaner energy sources.

This strategic investment aligns with India's net-zero target and will create clean energy jobs in the private sector. By FY25/26, the reforms supported by this operation are expected to result in the production of at least 450,000 metric tons of green hydrogen and 1,500 MW of electrolyzers annually. Additionally, it will significantly increase renewable energy capacity and contribute to reducing emissions by 50 million tons per year.

Impact on India's energy sector

The World Bank's additional financing of USD 1.5 billion will significantly impact India's energy sector by accelerating its transition toward a low-carbon economy. Here are the key areas of impact

1. Green Hydrogen Development: The funding will promote the development of a vibrant market for green hydrogen. Green hydrogen, produced using renewable energy, has immense potential for decarbonization and can be used in various sectors, including industry and transportation.

2. Renewable Energy Scaling: India aims to scale up its renewable energy capacity. The financing will support projects that enhance solar, wind, and other renewable energy sources. This will contribute to reducing greenhouse gas emissions and improving energy security.

3. Clean Energy Jobs: The investment will create jobs in the private sector related to clean energy production, distribution, and technology development. This will boost employment opportunities and contribute to economic growth.

4. Emission Reduction: By FY25/26, the reforms supported by this operation are expected to result in the production of at least 450,000 metric tons of green hydrogen and 1,500 MW of electrolyzers annually. Additionally, it will significantly reduce emissions by 50 million tons per year.

Overall, this funding aligns with India's net-zero target and supports the country's efforts to transition to sustainable and cleaner energy sources.

GAIL Commissions Its 1st Green Hydrogen Plant in Madhya Pradesh

GAIL (Gas Authority of India Ltd) has commissioned its first green hydrogen plant, marking a significant step towards alternative energy sources and aligning with the National Green Hydrogen Mission. The plant, located in Madhya Pradesh, is capable of producing 4.3 tonnes of hydrogen per day using a 10 MW proton exchange membrane Electrolyzer.

The plant was inaugurated by the Secretary, Ministry of Petroleum & Natural Gas, Pankaj Jain, and GAIL Chairman and Managing Director Sandeep Gupta.

The electrolyzer, which has been imported from Canada, performs the electrolysis of water powered by renewable energy to produce green hydrogen with a purity of about 99.999%. This initiative is part of India's broader goal to establish 5 million tonnes of annual green hydrogen production capacity by 2030. According to GAIL, this Green Hydrogen plant can produce 4.3 TPD of hydrogen.

Initially, the hydrogen produced at this plant will be used for captive purposes in various processes and equipment running at the existing plant in Vijaipur. Plans are also in place to dispense the hydrogen to retail customers in nearby geographies. This development is a testament to India's commitment to reducing carbon emissions and meeting its growing energy needs through sustainable means.

Besides this, Indian Oil Corporation Limited (IOCL) is also setting up a green hydrogen plant at its refinery in Mathura, with the goal of replacing grey hydrogen with green hydrogen for the production of clean fuels.

Reliance Industries too has announced plans to build what it calls the 'Dhirubhai Ambani Green Energy Giga Complex' on 5,000 acres in Jamnagar, which will be among the largest integrated renewable energy manufacturing facilities in the world. This complex will also include facilities for green hydrogen production.

The Adani Group has also expressed its intention to become the world's largest producer of green hydrogen and has been working on various projects related to green hydrogen production and utilization.

India is actively working on several green hydrogen projects as part of its National Green Hydrogen Mission. The mission aims to make India the global hub for production, usage, and export of green hydrogen and its derivatives. It aligns with India's goal of becoming self-reliant (Aatmanirbhar) through clean energy and leading the global clean energy transition.

Reliance Industries Signs Tech Licensing Agreement with Nel ASA for Manufacturing Electrolysers in India

Reliance Industries Limited (RIL) has signed a technology licensing agreement with Nel Hydrogen Electrolyser AS, a fully owned subsidiary of Nel ASA, a Norwegian company specializing in hydrogen technology. With this agreement, RIL has obtained an exclusive license to manufacture Nel's alkaline electrolysers in India for production of green hydrogen.

Mukesh Ambani promoted RIL is building a multi-GW fully integrated end-to-end new energy value chain, from photon to green molecules, paving the way for abundant and affordable access to sustainable energy. The phrase "from photon to green molecules" encapsulates RIL's ambitious project to harness solar energy (photons) and convert it into green hydrogen (green molecules) through a series of processes, as explained below:

1. Photon Capture: Utilizing solar panels to capture sunlight (photons).
2. Electricity Generation: Converting the captured solar energy into electricity.
3. Electrolysis: Using the electricity to power electrolysers, like the ones from Nel ASA, to split water into hydrogen and oxygen.
4. Green Hydrogen Production: The hydrogen produced in this process is considered 'green' because it's made using renewable energy sources without emitting carbon dioxide.
5. Storage and Distribution: Storing the green hydrogen and distributing it for various uses, such as fuel for vehicles, industrial processes, or power generation.

The agreement also permits RIL to manufacture alkaline electrolysers for their own global use. Through this agreement, RIL gains access to Nel's leading technology platform for manufacturing electrolysers.

Additionally, both companies will collaborate on R&D, value engineering, and other areas to improve performance and reduce costs.

This partnership also opens up a new revenue stream for Nel ASA in a rapidly growing market. According to the agreement, Nel can procure equipment from Reliance for its own projects. Nel will continue to serve the Indian market with technology platforms that are not covered by the agreement.

This move is significant for RIL as it aligns with their ambition to build a fully integrated, end-to-end new energy value chain, contributing to the sustainable energy future with green hydrogen as a critical element. It's a strategic step towards achieving the vision set by RIL’s Chairman, Mr. Mukesh Ambani, for affordable and sustainable energy access.

Notably, Nel ASA's electrolyser technology is already in use in various parts of the world. Nel's H2Station™ technology is utilized daily in several European countries as well as in South Korea.

In California, US, Nel's technology provides hydrogen to passenger vehicles, buses, trucks, and other vehicles. Nel is involved in the commissioning of the first hydrogen- powered train in Germany as part of the H2 West Coast Consortium.

RIL aims to create a significant impact on the production of green hydrogen by building a multi-gigawatt (GW) scale operation, potentially making the company a key player in the global transition to sustainable energy sources. This initiative is part of RIL's broader strategy to become a net-zero carbon company by 2035. It's a visionary step towards a cleaner energy future and aligns with global efforts to combat climate change.

India's 1st Multi-purpose Green Hydrogen Pilot Project Inaugurated in Jhakri, Himachal Pradesh

SJVN sets milestone with Inauguration of First Multi-purpose Green Hydrogen Pilot Project of the Nation

SJVN begins Centralized Operations of 1500 MW Nathpa Jhakri Hydro Power Station and 412 MW Rampur Hydro Power Station.

SJVN Limited, an Indian public sector undertaking involved in hydroelectric power generation and transmission, has achieved a significant milestone with the inauguration of India's first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project at SJVN’s 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh.

The green hydrogen produced from the project will be utilized for High Velocity Oxygen Fuel (HVOF) Coating Facility of NJHPS for meeting its combustion fuel requirements. In addition, it will also generate electricity through its fuel cell of 25 kW capacity.

The first Multi-purpose (Combined Heat & Power) Green Hydrogen Generation Plant of the nation has been inaugurated by Chairperson and Managing Director, Smt. Geeta Kapur on April 24, 2024.

1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS)

Nathpa Jhakri Hydro Power Station (NJHPS)

Speaking about the project, the Chairperson said, “Aligned with National Green Hydrogen Mission of Government of India, SJVN's Green Hydrogen Pilot Project is poised to accelerate the development of green hydrogen production infrastructure in the power sector, thus establishing green hydrogen as a clean energy source.”

The state-of-the-art Green Hydrogen Pilot Project is set to produce 14 kilograms of Green Hydrogen daily during 8 hours of operation. The hydrogen produced will be stored at a pressure of 30 bars, in six storage tanks, with a total storage capacity of 12 m3. The project will produce hydrogen using alkaline electrolyzer of 20 Nm3/hour capacity, which would be powered by renewable energy supplied from 1.31 MW Solar Power Plant of SJVN in Wadhal, Shimla.

Besides generating power, the green hydrogen will also be used for High Velocity Oxygen Fuel Coating of turbine underwater parts.

During her visit, the SJVN Chairperson also inaugurated first-of-its-kind Centralized Operation of the 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) and 412 MW Rampur Hydro Power Station (Rampur HPS), by remotely operating Unit-2 of Rampur HPS from NJHPS Control Room at Jhakri, Himachal Pradesh. Rampur HPS is being successfully operated on Tandem Operating System with NJHPS.

Smt. Kapur commended the dedicated efforts of the teams at NJHPS, Rampur HPS and at Electrical Design Team at SJVN Corporate Headquarters for this achievement. She urged the employees to continue working diligently to realize the aim of being able to operate the entire Rampur HPS from NJHPS at the earliest.

The Green Hydrogen Pilot Project aligns with the National Green Hydrogen Mission of the Government of India, accelerating the development of green hydrogen production infrastructure in the power sector and establishing green hydrogen as a clean energy source. Kudos to SJVN for this pioneering initiative. 

In India's Largest, Reliance To Lead ~ $12 Bn Investment in Green Hydrogen, Ammonia Units at Kandla

Reliance Industries Ltd (RIL), along with Larsen and Toubro (L&T), Greenko Group, and Welspun New Energy, is planning to establish green hydrogen and green ammonia units at Gujarat’s Deendayal Port Authority (DPA) in Kandla. RIL will reportedly lead this ambitious project, estimated to attract investments of up to Rs 1 lakh crore (approximately USD 12 billion), marks one of the largest investments in India's energy infrastructure.

The Kandla Green Hydrogen Hub aims to become one of the largest green hydrogen projects in India. It will be located at Gujarat’s Deendayal Port Authority (DPA) in Kandla. The project involves collaboration among major industry players — RIL, L&T, Greenko Group, and Welspun New Energy.

In October of last year, the DPA had received expression of interest for 14 land parcels, each measuring 300 acres, for this project.

DPA offered 14 plots with around 4,000 acres of land in total. Of this, RIL has been allotted six plots, L&T has been allotted five, Greenko Group has bagged two and Welspun New Energy has been allotted one plot. These four companies had bid the highest in the auction.

These allotments were made based on the highest bids in the auction.

Production Targets

The Kandla port aims to produce 7 MTPA of green ammonia and 1.4 MTPA of green hydrogen.

Green hydrogen is produced by electrolysing water using power from renewable energy sources, without emitting greenhouse gases. It is a crucial step toward achieving net-zero emissions.

Ammonia plays a pivotal role in producing green hydrogen at scale.

India's National Green Hydrogen Mission aims to position the nation as a leading global center for green hydrogen production.

The Ministry of Ports, Shipping & Waterways (MoPSW) identified and nominated DPA, Paradip Port in Odisha, and VO Chidambaranar Port in Tamil Nadu for development as hydrogen hubs capable of handling, storing, and generating green hydrogen by 2030

This project represents a significant step toward sustainable energy and has the potential to create substantial job opportunities. The formal announcement is expected after the general elections in June.

 

L&T Commissions Its First Indigenously Manufactured Electrolyser at a Green Hydrogen Plant in Hazira, Gujarat

Larsen & Toubro (L&T) has achieved a significant milestone in the clean energy space by commissioning its first indigenously manufactured electrolyser at the Green Hydrogen Plant at A M Naik Heavy Engineering Complex in Hazira, Gujarat. This pioneering6 accomplishment signifies L&T Electrolysers Limited's foray into domestic electrolyser manufacturing, underscoring the company's steadfast dedication to propelling sustainable energy solutions.

Featuring a rated power capacity of 1 MW (expandable to 2 MW), this electrolyser can produce 200 Nm3/Hr of hydrogen. It is equipped with two stacks and an Electrolyser Processing Unit (EPU) ML-400, which is indigenously manufactured and assembled, adhering to the latest international standards, and offers exceptional flexibility and thermal stability. The electrolyser will now undergo rigorous testing in the coming weeks to optimise its performance, and in turn, paving the way for full-fledged manufacturing of electrolysers.

L&T Electrolysers Limited, a newly incorporated entity of L&T, is focused on manufacturing pressurised alkaline electrolysers using the technology from McPhy Energy, France. The company spearheaded the complete value chain from engineering to manufacturing, in collaboration with Indian vendors and suppliers, thus setting a benchmark for "Make in India" initiatives. L&T Electrolysers plans to leverage its upcoming giga-scale facility in Hazira to meet the growing demand for green hydrogen, maximising product localisation through enhanced local supply chain, and automation for cost-competitiveness.

Mr Subramanian Sarma, Whole-time Director & Sr EVP (Energy), L&T said: “The indigenously manufactured electrolyser marks a transformative leap towards clean energy, positioning us to lead not only in the domestic market but also globally. This advancement significantly bolsters our offerings across the value chain, showcasing L&T as a global force in the clean energy space”.

Mr Derek M Shah, Sr VP & Head – Green Energy Business, L&T, said: “Our commitment to localisation in this project goes beyond mere cost-efficiency. It empowers the Indian supply chain, creates exciting opportunities for skilled professionals, and aligns perfectly with the vision of 'Aatmanirbhar Bharat”.

L&T Electrolysers has been allocated a significant 300 MW/annum capacity under the Production Linked Incentive (PLI) of the National Green Hydrogen Mission, launched by Government of India’s Ministry of New and Renewable Energy (MNRE) and implemented by the Solar Energy Corporation of India (SECI). This allocation underscores L&T Electrolysers’ potential to emerge as a key player in electrolyser manufacturing.

L&T Electrolysers Limited, a subsidiary of Larsen & Toubro Limited, is at the forefront of manufacturing pressurized alkaline electrolysers. The company is committed to delivering innovative, sustainable, and reliable solutions in the field of green hydrogen production, contributing to a cleaner and greener future.

Larsen & Toubro is a USD 23 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

In A World's Largest, India's ACME Group Inks Agreement with Japan's IHI Corp for Green Ammonia Plant with $5 Bn Investment

Indian Renewable Energy company - ACME and Japanese heavy industry major IHI Corporation sign one of the largest pact to supply Green Ammonia from India to Japan

ACME Group, a leading renewable energy company in India, and IHI Corporation, a Japanese integrated heavy industry group, signed an offtake term sheet for supply of green ammonia from Odisha, India to Japan. The term sheet was signed by Founder and Chairman of Acme Group, Manoj Upadhyay and President and CEO of IHI Corporation, Hiroshi Ide, in the presence of Union Minister for Power and New & Renewable Energy R. K. Singh.

The two companies will set up a green ammonia plant in Gopalpur, Odisha at an investment of Rs 60,000 crore.

The term sheet between IHI and ACME covers the supply of 0.4 MMTPA (million metric tons per annum) of green ammonia from Phase-1 of Odisha project in Gopalpur on a long-term basis.

Both companies wish to partner across the value chain, starting from production to logistics, supply to the Japanese customers and to create the market for green ammonia for use in a range of applications in power generation and various industrial uses in Japan to reduce the overall emissions.

Speaking about the agreement, the Union Minister for Power and New & Renewable Energy Shri R. K. Singh said that this is one of the first and largest agreements in the world in the field of green hydrogen and green ammonia. “Japan has been a close friend and partner of India. This collaboration in renewable energy in going green will further strengthen our partnership. India’s cost of making green hydrogen and green ammonia is already among the most competitive in the world. We are going to emerge as one of the largest manufacturers of green hydrogen and green ammonia in the world.”

Speaking about the strategic partnership, Ambassador of Japan to India Mr. Hiroshi Suzuki said that the signing of the term sheet marks a major milestone. “The partnership between Acme and IHI will bring remarkable success, given the potential of globally competitive green hydrogen in India. I express the Government of Japan’s unwavering support in taking forward the collaboration between India and Japan in the energy sector”, he added.

The Ambassador said that India-Japan Clean Energy Partnership, established by Prime Minister Narendra Modi and Prime Minister Fumio Kishida, has been driving the cooperation between the two countries. “I express the Government of Japan’s unwavering support in taking forward the collaboration between India and Japan in the energy sector”, he added.

The Ambassador also requested the Union Power & NRE mimister for early signing of Green Hydrogen and Green Ammonia Joint Declaration of Intent (JDI) involving the Ministry of Economy, Trade and Industry, Government of Japan and Ministry of New & Renewable Energy (MNRE) Government of India.

Japanese company IHI Corporation will be supporting the project to set up the 1.2 million tonne plant that is expected to require $5 billion of total investment.

Director and Managing Executive Officer, IHI Corporation, Shri Jun Kobayashi said: “This agreement builds upon our earlier MoU with ACME and represents the strong relationship and alignment between the two companies in developing the market for this new generation fuel”.

Last month, Adani Group also announced that the group had partnered with IHI Corporation along with an another Japanese major, Kowa company, to study & explore ammonia co-firing at the Adani Power Mundra plant. The studies aim at initially de-carbonizing Adani’s coal fired plants but with a larger objective to implement the technology in other coal-fired plants across India.

In October last year, AMG Green, a company founded by Hyderabad-based renewables group, Geenko, has secured $1.75 billion from Gentari of Malaysia's Petronas, and Singapore’s GIC sovereign wealth fund, to develop one of world's largest green ammonia platform. Prior to that, in April, Avaada Group today announced fundraise of $1.07 billion for its green hydrogen and green ammonia ventures in India. 

Amazon Installs Electrolyzer Via Plug Power To Produce Green Hydrogen for Powering Vehicles in Its Fulfillment Center

Amazon Inc, will now produce its own low-carbon green hydrogen to fuel more than 225 hydrogen fuel cell-powered forklift trucks at the site, known as DEN8.

It was in August last year when Amazon inked a deal with Plug Power Inc (PLUG.O), to supply liquid green hydrogen. Now in a latest, on Wednesday, Plug Power has announced that it has now completed the installation and commissioning of an electrolyzer system at an Amazon fulfillment center in Aurora, Colorado.

The installed Electrolyzer is one-megawatt (MW) proton exchange membrane Electrolyzer which is the first for Amazon and is now producing low-carbon hydrogen a.k.a green hydrogen.

The Electrolyzer, installed at the Amazon fulfillment center, uses electricity and water to produce hydrogen and is able to support up to 400 hydrogen fuel cell-powered forklift trucks. The hydrogen produced by the electrolyzer will be compressed on site and stored in a gaseous hydrogen storage tank for use by the forklift trucks.

Notably, Plug Power has collaborated with Amazon to deploy more than 17,000 fuel cells to replace batteries in forklift vehicles in more than 80 fulfillment centers in North America. However, for most of these locations, hydrogen to power the forklifts is produced elsewhere, liquified, and delivered by trucks to an on-site storage and dispensing system.

Now, with the electrolyzer installed in Amazon's own facility the e-commerce giant will now be producing it's own low-carbon hydrogen.

For this project, Plug Power Inc provided design, installation, commissioning, and maintenance services for the 1MW PEM electrolyzer and hydrogen storage —compatible with the existing refueling infrastructure and fuel cells already in use at the site. This is the first electrolyzer system installed and in use at an Amazon site.

In A Biggest Fundraise, Greenko Group Founders-owned AM Green Secures $1.75 Bn for One of the World's Largest Green Ammonia Platform

AM Green Ammonia Holdings (AMG Green), a company founded by Hyderabad based renewables group, Geenko, has secured $1.75 billion from Gentari, the clean energy division of Malaysia's Petronas, and Singapore’s GIC sovereign wealth fund, to develop one of world's largest green ammonia platform.

With investment of $1.60 billion, Petronas will secure a 30% stake in AM Green, valuing the newly formed company at $5 billion. The Greenko founders —Mahesh Kolli and Anil Kumar Chalamalasetty— will hold the remaining 70% along with Singaporean wealth fund GIC, which will invest $250 million.

This capital raise by AM Green is said to be one of the top five biggest capital raises in India in 2023 and among the world’s largest energy-transition deal.

According to a joint press release issued by Gentari and AM Green, the project aims to produce 5 million tonnes of green ammonia each year (MTPA) until 2030. This is equivalent to around 1 MTPA of green hydrogen and will account for 20% of India’s target for green hydrogen production by 2030 or 10% of Europe’s imported renewable hydrogen targets.

The green ammonia will be produced by a unit of AM Green — AM Green Ammonia Holdings. Post-investment from Gentari, GIC and AM Green, the unit will be a fully funded platform that will invest, in phases, in the Indian regions of Andhra Pradesh, Tamil Nadu, Gujarat, Karnataka, and Himachal Pradesh.

AM Green Ammonia will become one of the world’s leading producers of green ammonia.

AM Green will also produce green molecules such as green methanol, green caustic soda, green chlorine, bio fuels and various down stream high value green chemicals under its AM Green Molecules subsidiary.

Additionally, AM Green will also house a joint venture with John Cockerill of Belgium to manufacture electrolysers in its AM Green Technology & Solutions subsidiary; supplying about 6.5 GWs of electrolysers to AM Green Ammonia by 2030.

The first shipments of green ammonia will begin by late 2025 and will serve key OECD markets, including Germany, Japan, South Korea and Singapore.

Earlier in June, in Asia's largest equity round ever raised by any green energy company, Avaada Group had successfully closed $1.3 billion funding round bolstering its green hydrogen, green methanol, green ammonia, solar manufacturing and renewable power generation ventures.

NTPC and OIL Ink MoU To Collaborately Work on Renewable Energy, Green Hydrogen and Carbon Capturing

India’s largest power company, NTPC Limited, and the second-largest national oil and gas company of India, Oil India Limited, have signed a Memorandum of Understanding (MoU) on 31st August 2023, to explore collaboration in the areas of renewable energy, green hydrogen and its derivatives, and decarbonization initiatives including through use of geothermal energy.

The MoU shall also facilitate sharing of knowledge and experience on upcoming decarbonisation technologies such as carbon sequestration. Carbon sequestration is the process of capturing and storing atmospheric carbon dioxide

Through the MoU, the two energy giants intend to enhance their footprint in the domain of renewable energy and foray into sustainable solutions towards achieving the nation’s target of achieving Net Zero by the year 2070.

Last September, NTPC's Research & Development laboratory – NETRA, had set up a carbon capture plant at NTPC Vindhyachal. This plant has been designed to capture 20 tonnes of carbon dioxide (CO2) per day, which will use a modified tertiary amine to capture CO2 from the flue gas of the power plant. The CO2 will eventually be combined with hydrogen to produce 10 tonnes per day of methanol through a catalytic hydrogenation process.

NTPC is present across the power sector value chain, with a total installed capacity of 73,024 MW. Oil India Limited is a state-owned oil company engaged in the business of exploration, development and production of crude oil and natural gas.

NTPC is attempting to foray into green hydrogen since last couple of years. In July 2021, NTPC Renewable Energy Ltd (NTPC REL), NTPC’s wholly owned subsidiary had invited a domestic tender to set up India’s first Green Hydrogen Fuelling Station in Leh, Ladakh. Later in July 2022, NTPC REL awarded this project to Amara Raja Power Systems.

NTPC is committed to achieve 60 GW of Renewable Energy capacity by the year 2032. It aims to be a major player in Green Hydrogen Technology and Energy Storage domain. The company is taking up several initiatives towards decarbonization such as Hydrogen blending, Carbon Capture and Fuel cell, buses among others.

Last November, NITI Aayog released a report, titled ‘Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment Mechanism in India’. The report explored the importance of Carbon Capture, Utilisation, and Storage as an emission reduction strategy to achieve deep decarbonization from the hard-to-abate sectors. The report outlines broad level policy interventions needed across various sectors for its application.

Besides working in energy sector, NTPC is also putting efforts in women empowerment through entrepreneurship, as recently CSR Division of NTPC has signed an MoU with Entrepreneurship Development Institute of India (EDII), Ahmedabad, to facilitate New Enterprise Creation among the underprivileged women in the vicinity of NTPC Noida unit.

How Green Hydrogen is Translating to a Promising Opportunity for Indian Manufacturers of Electrolyser

The article is authored by Shalin Sheth, Founder & Managing Director, Advait Infratech

India's pivot towards a sustainable economy has unfurled myriad opportunities for industries to explore and invest in renewable energy solutions. Green Hydrogen, a groundbreaking technology with the potential to revolutionise the energy sector, stands out amid these solutions.

Green Hydrogen (GH2) is generated by cleaving water into hydrogen and oxygen by deploying renewable energy sources such as solar or wind power. This zero-emission fuel finds applications in several domains, including power generation. Its production necessitates electrolysers, gadgets that use electricity to separate water molecules.

India is among the biggest energy consumers in the world, and its demand is anticipated to spike substantially in the upcoming years. The Indian government has targeted producing 450 gigawatts (GW) of renewable energy by 2030, requiring significant investment in Green Hydrogen production. The country's energy mix is governed by fossil fuels, which foment air pollution and greenhouse gas emissions. Nevertheless, the Indian government has launched several initiatives in recent years to encourage the adoption of renewable energy sources and curb the country's dependence on fossil fuels.

Shalin Sheth

One such initiative is the National Hydrogen Energy Mission, initiated in 2021, which strives to establish a hydrogen ecosystem in India and promote Green Hydrogen as a fuel. This mission has targeted producing one kilogram of Green Hydrogen at less than $2 by 2023 and reducing the cost to less than $1.5 per kilogram by 2025.

The Indian Green Hydrogen Economy is poised to generate fresh opportunities for local electrolyser manufacturers. As the production of Green Hydrogen rises, the demand for these devices is anticipated to burgeon. End-to-end electrolyser manufacturing can emerge as a profitable industry in India, providing employment opportunities and driving economic growth.

India imports most of its electrolysers from countries such as Japan and Germany. Nevertheless, the demand for these devices is expected to surge in the forthcoming years, creating a potential opportunity for domestic manufacturers. Indian manufacturers can capitalize on the government's push for renewable energy and Green Hydrogen to establish themselves as key players in the industry.

Some Indian companies have already acknowledged the potential of the Green Hydrogen economy and commenced investing in electrolyser manufacturing. For instance, Tata Motors has collaborated with Australia's Origin Energy to explore the potential of Green Hydrogen in India. The companies intend to launch a pilot project to test the viability of Green Hydrogen-powered buses in India.

In addition to the demand for electrolysers, the growth of the Green Hydrogen economy can also create opportunities for Indian firms in other domains. According to a report by ResearchAndMarkets, the global electrolyser market is expected to grow from INR 30 cr in 2020 to INR 200 cr by 2025, at a CAGR of 48.9%. Indian companies can invest in building hydrogen refuelling stations for fuel cell vehicles or explore the potential of Green Hydrogen in industrial processes.

However, before the Indian Green Hydrogen Economy can take flight, specific challenges must be addressed. Presently, the production of Green Hydrogen is more expensive than the production of hydrogen from fossil fuels, which impedes its adoption. Furthermore, the cost of electrolysers constitutes a significant barrier to the widespread adoption of Green Hydrogen.

To surmount these challenges, the Indian government is extending incentives and subsidies to encourage the adoption of Green Hydrogen. The government has also unveiled plans to launch a Green Hydrogen auction mechanism to drive down the cost of production.

In conclusion, Green Hydrogen is a promising solution for India's transition to a sustainable economy. The Indian Green Hydrogen Economy has the potential to unlock fresh opportunities for local electrolyser manufacturers and spur economic growth. Nonetheless, to fully realise the potential of Green Hydrogen, India must tackle the challenges related to the cost of production and adoption.

Avaada Group Raises $1.07 Bn to Fund Its Green Hydrogen and Green Ammonia Ventures

Avaada Group today announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan.

Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada Ventures Private Limited.

Global Power Synergy Public Company Limited (“GPSC”), will further invest US $ 68 million in Avaada Energy Private Limited for releasing debt obligations and supporting the growth. 

The Group is also in advanced discussions with potential investors to raise another US$ 200 million.

Avaada Group has become future-ready in the global Energy Transition theme and has diversified into manufacturing of Green Hydrogen, Green Ammonia. The Group has also expanded its footprint into the Solar PV supply chain with manufacturing of solar cell and module. Avaada currently operates a renewable energy portfolio of ~4 GW with plans to reach 11 GW by 2026. 

Avaada has recently won a bid under Production Linked Incentive (PLI) scheme launched by the Government of India for setting up 3 GW ingots, cell, and module manufacturing facility.

Vineet Mittal, Chairperson and Founder, Avaada Group commented: “Avaada Group is a leading player in energy transition in India, building an integrated ‘Sand to molecule’ business aligned for the global energy transition towards decarbonization. I am delighted to welcome Brookfield to join us in our next phase of growth. The collaboration will support us in pursuing exciting opportunities as we play a critical role in meeting the exponential growth of sustainable energy and position ourselves at the forefront of the global energy transition. I’m also thankful to GPSC for their continued support in fulfilling our mission of delivering promise of a sustainable future for posterity.”

Nawal Saini, Managing Director, Renewable Power & Transition, Brookfield added, “We are pleased to be investing in Avaada through the Brookfield Global Transition Fund, which focuses on investments that accelerate the progress to a net-zero carbon economy. This strategic partnership will leverage Brookfield’s global track record, access to capital and operational expertise alongside Avaada’s strong local footprint, to enable their vision for the energy transition business. Brookfield remains committed to supporting the next generation of clean energy technologies and contributing to India’s net-zero aspirations. “

About Avaada Group:

Social entrepreneur Vineet Mittal-led Avaada Group is an integrated energy platform with business interests ranging from manufacturing solar cells, modules and electrolysers to renewable power generation, green hydrogen, and green ammonia production. Avaada Group’s flagship company Avaada Energy is India’s fastest-growing renewable energy IPP. Within five years, it has developed an impressive portfolio of 4 GW and the firm plans to reach 11 GW by 2026 and 30 GW by 2030. GPSC is a 42.9% equity partner in Avaada Energy, the renewable arm of the Avaada Group.

The solar manufacturing business of Avaada is in the advanced stages of developing a manufacturing facility for wafer, cell, and modules. The group is also executing Green Ammonia projects across multiple geographies and plan significant capacity addition to meet the domestic and international demand for the clean fuel through a separate business vertical.

About Brookfield Renewable:

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and decarbonization solutions. Our diversified portfolio consists of hydroelectric, wind, solar, distributed energy and sustainable technology solutions across five continents. Our installed capacity totals approximately 25,400 megawatts and a development pipeline of approximately 110,000 megawatts of renewable power assets, 8 million metric tonnes per annum (“MMTPA”) of carbon capture and storage, 2 million tons per annum of recycled materials capacity and 3 million metric million British thermal units (“MMBtu”) annual capacity of renewable natural gas projects. Investors can access our portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.

Brookfield Renewable is the flagship listed renewable and transition company of Brookfield Asset Management, a leading global alternative asset manager with approximately US$800 billion of assets under management. In India, Brookfield has over 9 GW of diversified assets across of wind, solar and hybrid assets in various stages of execution across seven different states.

About Brookfield Global Transition Fund:

The Brookfield Global Transition Fund is Brookfield’s inaugural impact fund focusing on investments that accelerate the global transition to a net-zero carbon economy, while delivering strong risk-adjusted returns to investors. Institutional investors committed US$15 billion, making it the largest fund ever raised to support the transition to net zero. The Fund targets investment opportunities relating to reducing greenhouse gas emissions and energy consumption, as well as increasing low-carbon energy capacity and supporting sustainable solutions. Consistent with its dual objectives of earning strong risk-adjusted returns and generating a measurable positive environmental change, the Fund will report to investors on both its financial and environmental impact performance.

About GPSC

GPSC, an electricity and utility flagship of PTT group with core business to generate and supply electricity, steam and utilities to its industrial customers, the Electricity Generating Authority of Thailand (EGAT) etc. The total committed equity capacity is approximately 7,227 MW of electricity, approximately 3,064 tons per hour of steam, approximately 15,400 refrigeration tons of chilled water and approximately 7,026 cubic meters per hour of processed water. The shares of GPSC are held by PTT 47.27%, SMH (PTT’s wholly-owned subsidiary) 7.96%, Thaioil or TOP (10.00%), PTT Global Chemical or GC (10.00%) and the public investors (24.77%).

Greenzo Energy India Ltd Brings Green Hydrogen Technology to Gujarat

Real Time Accelerator Fund is committed to investing 1 Million USD in Greenzo Energy as an angel investor

Delhi- based Greenzo Energy India Limited will be setting up a state-of-the-art plant for manufacturing electrolysers and the balance of plant (BOP) for generating green hydrogen in the world-class Sanand-II Industrial Estate, a part of Gujarat Industrial Development Corporation (GIDC), Gujarat. For the same, the company has received an investment commitment of one million USD from Real Time Accelerator Fund (SEBI-approved Category 1 AIF). The Fund has decided to appoint Amit Singal (Founding Partner, Fluid Ventures) as investors' nominee director on the board of the company.

Sandeep Agarwal, Founder & MD of Greenzo Energy India Limited, is driven by the latest developments and aims to provide end-to-end solutions for green hydrogen production and storage. "This synergy is a big spark to start the development towards green hydrogen generation. We aim at setting up a cost-effective green electrolysis plant, supporting green hydrogen projects, and making our nation self-sufficient in the hydrogen initiative," he said.

The company has applied for 20000 sq. mt. of land through the GIDC portal and is planning to route the initial investment towards market research, business development, lab equipment, technology evaluation, and appointing an able workforce.

Commenting on the funding, Pranay Mathur, CEO of Real Time Accelerator Fund said, "We are delighted to be part of the green field. This investment will not only benefit green fuel production and carbon footprint reduction, but it will also be a significant step toward providing a good quality of life to our future generation".

The company has signed an MOU for project engineering with UK-based public limited companies Whereas, for technological support, it will be joining hands with its in-house team of ex-officers of the National Thermal Power Corporation (NTPC) and technology mavericks from the Indian Institute of Technology (IIT).

It is noteworthy mentioning that Greenzo Energy Private Limited had launched this initiative, and the same promoters have now formed a public limited company, i.e. Greenzo Energy India Limited, which will be focused only on the renewable energy sector to develop the latest innovation in green hydrogen in India.

About Greenzo Energy:

Founded by Sandeep Agarwal, Greenzo Energy was born at a time when Renewable Energy projects were just taking off in the country. The company helps to accelerate the adoption of Renewable Energy in developing countries through expert consulting services, in-depth research and innovations. It is now one of the leading companies in renewable energy consulting and has projects cumulating up to 1500 MW in India.

The company's mission is not only to be the leading renewable energy developer in India but also to be the partner of choice for investors investing in green hydrogen projects.

It has plans to invest in and develop a portfolio of sustainable and profitable renewable energy projects, including large-scale solar and green hydrogen projects and is seeking partners and investors for the same.