TKIL Industries Partners with SoHHytec to Accelerate Green Hydrogen Production in India
Key Ideas
- TKIL Industries expands into green hydrogen by investing in SoHHytec, a Swiss innovator in green hydrogen technology.
- The partnership aims to manufacture green hydrogen equipment in India, supporting the 'Make in India' initiative and India's net-zero emissions target by 2070.
- SoHHytec's advanced technology offers cost-effective and efficient green hydrogen production for sectors like steel, fertilizers, and transportation, aligning with India's industrial decarbonization goals.
- The collaboration between TKIL Industries and SoHHytec is positioned to propel India towards becoming a global leader in green hydrogen production by 2030, contributing to the nation's energy needs and sustainable development.
TKIL Industries Pvt. Ltd. has made a strategic move by entering the green hydrogen sector through a collaboration with SoHHytec SA, a Swiss firm specializing in green hydrogen technology. SoHHytec, based in Lausanne, Switzerland, is known for its artificial photosynthesis technology that efficiently produces green hydrogen from renewable sources like solar and wind energy. The partnership between TKIL Industries and SoHHytec will focus on manufacturing green hydrogen equipment in India, thereby supporting the 'Make in India' initiative and contributing to the country's goal of achieving net-zero emissions by 2070.
This collaboration marks the introduction of SoHHytec's groundbreaking technology in India, aiming to play a significant role in the nation's energy transition. The partnership is led by TKIL Industries' Managing Director and CEO, Mr. Vivek Bhatia, who emphasized the importance of green hydrogen in driving sustainability and emission reduction in hard-to-abate sectors. The collaboration is expected to accelerate green hydrogen production in India and bolster the country's clean energy objectives.
Dr. Saurabh Tembhurne, CEO and Founder of SoHHytec, highlighted the market-leading position of the company's technology in terms of cost efficiency in green hydrogen production. The technology offers flexibility, synchronizing well with green energy sources and providing off-grid capabilities. Furthermore, the green hydrogen produced through this partnership will cater to critical sectors in India such as steel, fertilizers, and transportation, demonstrating its potential to drive sustainable change.
The collaboration aligns with India's National Hydrogen Mission, aiming to establish the country as a global leader in green hydrogen production by 2030. TKIL Industries and SoHHytec will work towards developing advanced hydrogen production projects across key industrial regions in India, supporting the nation's decarbonization efforts and energy needs. With a target to produce 7.5 million tonnes of green hydrogen annually by 2030, this partnership is poised to significantly contribute to India's energy transformation and sustainable growth.
Topics
Green Hydrogen
Renewable Energy
Innovation
Sustainability
Climate Goals
Industry Transformation
Indian Economy
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