- On September 10, Steel Ministry released the “Greening the Steel Sector in India: Roadmap and Action Plan” report basis the recommendations of 14 Task Forces constituted last year for decarbonization of steel sector. IH2A was a part of Green Hydrogen taskforce. Link
- On September 11, at the sidelines of ICGH, IH2A supported MNRE & FICCI in organizing an investor and industry CEO meet to discuss concerns and suggestions.
- On 24-25 Sept, IH2A collaborated with the Indo-German Energy Forum, TERI, and National Centre of Excellence for Green Port and Shipping (NCoEGPS) on 'Green Shipping' training program. The two-day session was led by the International PtX Hub on behalf of the Indian Ministry of New and Renewable Energy (MNRE), the German Federal Ministry for Economic Affairs and Climate Action, and the Embassy of Denmark in India.
- IH2A participated in the eighth edition of ‘Green Hydrogen in India’ organized by Renewable Watch on September 4-5, 2024, in Mumbai.
POLICY & MARKET DEVELOPMENTS
- PM Modi inaugurates ICGH-2024: Prime Minister Narendra Modi inaugurated the second International Conference on Green Hydrogen (ICGH-2024) in September, highlighting India's commitment towards green hydrogen sector and its expansion for exports under the National Green Hydrogen Mission. Link
- MNRE notifies draft Green Hydrogen Certification scheme for Industry feedback: The Ministry of New and Renewable Energy is soliciting stakeholder inputs on the draft Green Hydrogen Certification scheme of India (GHCI). The GHCI is designed to ensure that green hydrogen production and usage in India meet specific standards, promoting sustainability and reliability in the hydrogen energy sector. Link
- MNRE indicates green hydrogen production by early 2027: At the RE Invest 2024, which was held in September in Gujarat, Joint Secretary MNRE Ajay Yadav stated that India's Green Hydrogen Mission production is expected to commence by early 2027 and large-scale electrolyser manufacturing is set to start by mid-2026. India aims for a 5 million tonnes green hydrogen capacity by 2030, with Gujarat targeting 3.5 million tonnes. Link
- Greenzo Energy secures green hydrogen project in Tamil Nadu: Manufacturer of alkaline eletrolysers, Greenzo Energy has won a competitive bid for a green hydrogen project at the 1,320 MW Ennore SEZ Supercritical Thermal Power Plant in Tamil Nadu. The project, managed by BHEL will involve Greenzo Energy establishing a hydrogen generation plant with a capacity of 20 normal cubic meters per hour. Greenzo is also constructing a 250 MW electrolyser factory in Gujarat, expected to be commissioned in December. The company estimates the cost of produced hydrogen at $3.3 per kg. Link
- Hygenco signs financing MoU with Odisha REC for $280mn green ammonia project: Hygenco Green Energies has entered into an MoU with Rural Electrification Corporation (REC) Limited to finance Green Ammonia Project in Gopalpur, Odisha. REC will provide funding of up to $280 million for the project, while Hygenco plans to invest $2.5 billion in green hydrogen and green ammonia projects across India over the next few years. Link
- Kerala announces $2.2 bn green hydrogen valley project in Kochi: Kerala has unveiled plans for a green hydrogen valley project in Kochi with a total capital expenditure of $2.2 bn. The project allocates $496 million for electrolyser and ammonia plants and will be implemented in three phases from 2024 to 2040, focusing on developing green hydrogen clusters. This project will deploy advanced technologies, with the aim to create 3,600 jobs and reduce carbon emissions by 0.49 million tonnes. By 2040, the project anticipates a demand of 71 ktpa of green hydrogen and 625 ktpa of green ammonia, with key off-takers including BPCL, KSRTC, and HOCL. Link
- AM Green Ammonia signs MoU with RWE Germany to supply green ammonia: AM Green Ammonia B.V., backed by Greenko Group's founders, has signed a MoU with RWE Supply & Trading of Germany to supply green ammonia from its production sites in India. The agreement outlines the supply of up to 250,000 tonnes of green ammonia per year, with deliveries expected to start by 2027. AM Green's ammonia manufacturing facilities will be powered entirely by carbon-free energy sources and will meet EU standards for Renewable Fuels of Non-Biological Origin (RFNBO). Link
- Port authority allocates 501 acres land for green hydrogen projects: V.O. Chidambaranar Port Authority (VOCPA), under the Ministry of Ports, Shipping &
Waterways, has allocated 501 acres of land to four companies for green hydrogen projects. The port, identified as one of three major ports to be developed as green hydrogen hubs, has distributed land to Renew E-fuels Pvt. Ltd. (10 acres), Acme Green Hydrogen & Chemicals (310 acres), Green Infra Renewal Energy Farms Pvt. Ltd. (149 acres), and Amplus Ganges Solar Pvt. Ltd. (32 acres), as these companies plan significant investments. Link - TotalEnergies’ latest investment as JV with Adani accumulates to $3.2 billion: French energy major TotalEnergies’ latest $444 million investment in a joint venture with Adani Green Energy has taken its total commitment to Adani company to $3.2 billion. Total has invested $444 million for a 50 per cent stake in a joint venture with Adani Green, which will manage 1,150 megawatts (Mw) of solar assets. This new transaction will allow TotalEnergies to capitalise on the ongoing liberalisation of the Indian electricity market. Link
GLOBAL DEVELOPMENTS
- US DOE announces $15 Million for clean hydrogen production research: The U.S. Department of Energy's Office of Fossil Energy and Carbon Management has announced up to $15 million in federal funding for clean hydrogen production research. The funding opportunity aims to support projects that convert various feedstocks, including coal, biomass, and waste materials, into syngas for low-cost clean hydrogen production. This funding aligns with DOE's Hydrogen Shot initiative, which seeks to reduce clean hydrogen costs by 80% to $1 per kilogram within a decade. Link
- Spain raises green hydrogen target to 12 GW by 2030: Spain has increased its green hydrogen ambition, setting a new target of 12 gigawatts (GW) of electrolyser capacity by 2030, up from the previously proposed 11 GW. This adjustment aligns with the country's soon-to-be-approved National Energy-Climate Plan and demonstrates Spain's commitment to becoming a European leader in renewable hydrogen production. Spain has allocated subsidies for major green hydrogen projects and attracted investments from companies like Hygreen Energy and Envision Group. Link
- Dubai will host World Green Economy Summit, focusing on green hydrogen: The 10th World Green Economy Summit (WGES) in October first week will take place in Dubai, under the patronage of Sheikh Mohammed bin Rashid Al Maktoum. Organized by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organisation (WGEO), the summit will explore developments in renewable and clean energy, with a focus on green hydrogen. The summit aims to advance green energy and support the UN Sustainable Development Goals 2030. Link
- China begins construction of $1.5 billion green hydrogen project in Xinjiang: China has started construction on a $1.5 billion green hydrogen project in Mulei County, Xinjiang. Led by Grove Hydrogen Energy Technology Group, the project aims to produce 40,000 tonnes of green hydrogen annually using wind and solar power. The facility will include a 200MW hydrogen-fired power plant for grid backup, six hydrogen filling stations, and will fuel 600 hydrogen-powered trucks. It will feature a 200MW/1,600MWh hydrogen-fired peaker plant to provide backup power to the grid. Link
- Germany urges EU to delay renewable hydrogen rules, citing cost concerns: German Economy Minister Robert Habeck has called on the European Union to postpone certain regulations on renewable hydrogen production, arguing that they increase costs for producers and impede the sector's growth. In a letter to EU Energy Commissioner Kadri Simson, Habeck specifically requested a seven-year delay for the temporal correlation criteria, which requires producers to demonstrate a match between renewable energy output on the grid and hydrogen production. This rule is part of the EU's broader regulations aimed at ensuring green hydrogen production does not inadvertently increase overall emissions. Link
- Vale and Green Energy Park partner for green hydrogen in Brazil's steel industry: Brazilian mining company Vale and European hydrogen firm Green Energy Park (GEP) have announced a collaboration to develop a green hydrogen production facility in Brazil. The project aims to create a 'Mega Hub' industrial complex for manufacturing low-carbon steel products. The partnership, supported by the EU's Global Gateway programme, will focus on various aspects of the hydrogen value chain, including electrolyser deployment and industrial plant design. Link