India's Green Hydrogen Ambitions: Accelerating Development & Deployment
Key Ideas
  • Indian Prime Minister Narendra Modi emphasizes the country's commitment to green hydrogen as part of its green energy initiatives, aiming to position India as a global hub for green hydrogen production and export.
  • Modi urges collaboration among domain experts and the global scientific community to address challenges in green hydrogen production, such as improving electrolyser efficiency and enabling the use of green hydrogen in various sectors like public transport and shipping.
  • The Indian hydrogen equipment market is expected to reach $50 billion by 2030, with significant investments and developments in electrolyser gigafactories by companies like Horizon Fuel Cell Group, Indify Fuel Cell, and Ohmium International.
  • The launch of new electrolyser factories and plans for capacity expansion indicate a growing focus on green hydrogen technology in India, demonstrating a positive momentum towards achieving green energy transition goals.
Indian Prime Minister Shri Narendra Modi has highlighted the importance of green hydrogen in India's pursuit of green energy goals during an International Conference. Modi expressed India's ambition to lead in the production, utilization, and export of green hydrogen, building on the initiatives like the National Green Hydrogen Mission. He called for collaboration among experts and the scientific community to drive innovation and address key challenges in green hydrogen production and usage. The Indian Hydrogen Alliance forecasts significant growth in the country's hydrogen equipment market by 2030, with a substantial portion dedicated to electrolyser stacks. Recent announcements of plans to establish electrolyser gigafactories by companies like Horizon Fuel Cell Group, Indify Fuel Cell, and Ohmium International further underscore India's commitment to green hydrogen technology. The initiatives to develop electrolyser facilities and expand production capacity signify a positive trajectory towards achieving India's green energy transition objectives. Modi's emphasis on collective efforts and innovation showcases a positive sentiment towards advancing green hydrogen technology for sustainable development and environmental conservation.
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