TKIL Industries Partners with SoHHytec to Accelerate Green Hydrogen Production in India
Key Ideas
- TKIL Industries partners with SoHHytec, a Swiss-based company, to manufacture and supply equipment and machinery for Green Hydrogen projects in India.
- SoHHytec's innovative artificial photosynthesis technology produces Green Hydrogen from renewable sources, offering the most cost-efficient solution globally.
- The joint venture aims to accelerate Green Hydrogen production in India, contributing to the nation's clean energy objectives and offering a viable and scalable energy solution.
- India is committed to scaling Green Hydrogen production to 7.5 million tonnes annually by 2030 to support the Green Energy transition and meet domestic energy demands.
TKIL Industries, formerly known as thyssenkrupp Industries India, has made a strategic investment in SoHHytec SA, a Swiss company specializing in Green Hydrogen production technology. SoHHytec utilizes proprietary artificial photosynthesis technology to produce Green Hydrogen from renewable sources like solar and wind, making it the most cost-efficient technology globally. TKIL Industries will be the exclusive partner in India for SoHHytec, manufacturing and supplying equipment for Green Hydrogen projects. The joint venture aims to accelerate Green Hydrogen production in India and support the nation's clean energy objectives. SoHHytec's technology offers a low cost of $1 per kg of green hydrogen produced and is flexible, providing off-grid capability and synchronization with green energy sources. The green hydrogen produced will cater to critical industrial sectors like steel, fertilizers, and transportation, offering significant cost reductions compared to conventional vehicles. The collaboration between TKIL Industries and SoHHytec will focus on developing cutting-edge hydrogen production projects in key industrial regions across India. India has set ambitious targets to scale its green hydrogen production to 7.5 million tonnes annually by 2030, aligning with its Green Energy transition goals.