POLICY & MARKET DEVELOPMENTS
- MNRE introduces $24 million scheme for GH2 production: Ministry of New and Renewable Energy (MNRE) has introduced a USD24 million scheme to promote innovative green hydrogen production methods for residential and commercial applications. The Ministry’s initiative includes pilot projects for floating solar-based hydrogen production, biomass utilization, and wastewater conversion and aims to decentralize hydrogen use for cooking, heating, and off-grid electricity generation. Link
- India and Saudi Arabia explore collaboration in clean hydrogen tech: India's Union Minister of Commerce and Industry, Piyush Goyal, has concluded his visit to Saudi Arabia, during which both countries agreed to explore improving ties in various fields, including clean hydrogen. Goyal participated in the 8th Edition of Future Investment Initiative's Plenary Session, emphasizing the importance of international partnerships and economic diplomacy in fostering global cooperation and innovation. Link
- Government invites proposals for GH2 Centres of Excellence: MNRE has announced a call for proposals to establish Centres of Excellence (CoEs) for Research and Development (R&D) in green hydrogen. The CoEs will aim to drive innovation, promote sustainability, and enhance energy independence by advancing technologies for Green Hydrogen production, storage, and utilization. The government has allocated USD12 million for these centers under the Green Hydrogen Mission, which was launched on January 4, 2023, with a total outlay of USD2.3 billion until fiscal year 2029-30. Link
- Adani Group invests $2.5 billion in green hydrogen project in Mundra: Adani New Industries Ltd (ANIL), subsidiary of Adani Enterprises, has invested $2.5 billion in developing a backward integrated value chain for its green hydrogen project in Mundra, Gujarat. The company aims to implement the first phase with an annual capacity of 1 million tons by FY27. ANIL plans to increase capacity to 3 million tons in ten years with a $50 billion investment, subject to market conditions. The project includes developing solar, wind, electrolysers, and allied equipment for green hydrogen generation. Link
- Hygenco Partners with Topsoe for green ammonia plant in Odisha: Hygenco Green Energies has selected Denmark-based Topsoe as the technology licensor for its green ammonia plant in Gopalpur, Odisha. The plant, set to be operational by 2027, will be one of the first in the sub-continent. Hygenco that secured USD 280 million debt financing MoI with REC, will utilize Topsoe's dynamic green ammonia loop technology for flexible and efficient operations. The project, to be established at Gopalpur Industrial Park, follows Hygenco's commissioning of India's first commercial green hydrogen plant earlier in 2024. Link
- AM Green places 1.3 GW electrolyser order with John Cockerill: AM Green has placed India's largest electrolyser order of 1.3 GW with John Cockerill Hydrogen for a one-million-ton green ammonia project in Kakinada, Andhra Pradesh. The project, set to start production in the second half of 2026, will produce green hydrogen and convert it into green ammonia. John Cockerill will supply 640 MW of advanced pressurized alkaline electrolysers in the first phase, with another 640 MW planned for the second phase. The facility will use 24-hour renewable energy from wind, solar, and pumped hydro storage. Link
- Jakson Green accomplishes methanol production at NTPC plant: Jakson Green in partnership with NTPC has successfully synthesized methanol from captured carbon dioxide at NTPC's Vindhyachal Thermal Power Plant in Madhya Pradesh. The project, conceived by NTPC's R&D arm NETRA, captures CO2 from flue gas emissions and converts it into methanol for power generation and transportation applications. Jakson Green has completed six Power-to-X projects, including India's first green hydrogen refuelling station for urban mobility and the world's first CO2-to-4G ethanol plant, both for NTPC. Link
- Avaada Group signs MoU with skill council: Avaada Group has signed a Memorandum of Understanding (MoU) with the Skill Council for Green Jobs to develop skills in the green hydrogen sector, supporting India's National Green Hydrogen Mission (NGHM). The agreement, aims to create a skilled workforce for the emerging green hydrogen industry and will provide specialized training programs in hydrogen technologies, including fuel cells and electrolysers, aligning with the NGHM's goal of creating 600,000 jobs by 2030. Link
- AM Green Kakinada cluster joins WEF's decarbonisation initiative: AM Green Kakinada cluster has joined the World Economic Forum's transitioning industrial clusters initiative to foster collaboration between industries and public institutions for economic growth, employment, and CO2 reduction. The cluster, backed by an initial $3 billion investment, is expected to create over 10,000 direct and indirect jobs. Set to begin operations in 2026, the facility will feature a 1 MTPA green ammonia production capacity and a 2 GW electrolyser manufacturing plant, with zero projected CO2 emissions. Link
- IOCL's third attempt at green hydrogen project draws major bidders: Indian Oil Corporation Ltd's (IOCL) third tender for its green hydrogen project in Panipat, Haryana, has attracted significant interest from domestic and global companies. Praxair, Acme Group, and Thermax were among the bidders for the 10,000 KTA capacity plant. The tender, reissued in September after two previous cancellations, includes new eligibility criteria requiring bidders to have secured rights under the SIGHT Programme. IOCL extended the bid submission deadline to December 2 due to numerous queries from potential partners. Link
- India and EU establish comprehensive green hydrogen cooperation roadmap: India and the European Union have finalized an extensive roadmap for cooperation in the green hydrogen sector during the 10th meeting of the India-EU Energy Panel held in Brussels. The plan encompasses infrastructure development, technology cooperation, and supply chain enhancement. Both parties adopted a "work plan" for the third phase of the India-EU Clean Energy and Climate Partnership 2025-28, which will focus on deepening cooperation in five priority areas. Link
- SECI signs MoU with H2 global: The Solar Energy Corporation of India Ltd (SECI) has signed a Memorandum of Understanding (MoU) with H2Global to promote green hydrogen initiatives. The agreement, signed on November 19, 2024, focuses on knowledge exchange and market-based mechanisms to strengthen India's position in the global green hydrogen economy. The MoU aims to foster cooperation between India and importing countries, develop joint tender design concepts, and explore India's potential as a green hydrogen export hub. Link
GLOBAL DEVELOPMENTS
- Oman's Hydrom hosts first green hydrogen Investor Day for major projects: Hydrom, Oman's green hydrogen orchestrator, is set to host its inaugural "gH2 Investor Day" in December. The event will present major projects and green hydrogen initiatives to potential partners and company executives, aligning with Oman's plan to launch its third auction in early 2025. Hydrom has already signed eight green hydrogen projects with 22 foreign companies, securing over US$49 billion in commitments. These projects support Oman's goal to produce up to 1.5 million tons of green hydrogen annually by 2030. Link
- Poland's Hynfra to invest $1.6 billion in green ammonia plant in Egypt: Polish company Hynfra has announced plans to establish a green ammonia plant in Egypt, one of five such facilities targeting Middle Eastern and European markets. The plant's initial capacity will be 100,000 tons per annum, with potential to increase to 1 million tons in the future. The initial investment is estimated at $1.6 billion, potentially rising to $10.6 billion if production reaches 1 million tons. The project aligns with the European Union's goal to import 6 million tons of green hydrogen and 4 million tons of green ammonia by 2030. Link
- U.S. awards up to $2.2 Billion to accelerate clean hydrogen development: The U.S. Department of Energy announced it has awarded up to $2.2 billion to develop hydrogen centres on the Gulf Coast and in the Midwest, aimed at advancing clean hydrogen production. This funding is part of the Biden administration's strategy to promote low-carbon hydrogen as a solution for heavy industries and long-haul transportation. This initiative is expected to help the U.S. achieve its goal of producing 50 million metric tons of clean hydrogen fuel by 2050, enhancing energy security and addressing climate change challenges. Link
- Spain, Lithuania and Austria launch fund for renewable hydrogen development: Spain, Lithuania, and Austria have announced new financial support for renewable hydrogen development through the European Hydrogen Bank's 'Auctions-as-a-Service' scheme. The initiative will mobilize approximately $2 billion, combining $1.2 billion in EU funding from the Innovation Fund with over $700 million in national contributions. This collaboration aims to enhance clean energy uptake and support the decarbonization of European industry, with a focus on achieving national and EU renewable hydrogen targets. Link