Greenzo Energy and EODev Partner to Introduce Hydrogen Fuel Cell Power Generators in India and Nepal
Key Ideas
- Greenzo Energy and EODev have collaborated to market hydrogen fuel cell power generators in India and Nepal, targeting sectors like agriculture, telecom, and transportation.
- The partnership aims to replace conventional diesel generators with emission-free alternatives, aligning with India's goal to reduce fossil fuel dependency.
- Greenzo Energy will not only distribute EODev's generators but also provide maintenance services, with a projected business potential of USD 10 million in the first year.
- The partnership includes provisions for the local assembly of EODev products by Greenzo Energy, showcasing a commitment to promoting clean and reliable energy solutions in the region.
Greenzo Energy, a homegrown company in India, has partnered with France-based EODev to introduce hydrogen fuel cell power generators in India and Nepal. These generators produce electricity and heat through an electrochemical reaction of hydrogen and oxygen. The collaboration aims to distribute EODev's zero-emission generators and provide maintenance services in high-demand sectors like agriculture, telecom, and transportation. By offering scalable and emission-free alternatives to conventional diesel generators, the partnership supports India's mission to decrease fossil fuel dependence. The joint venture also includes plans for local assembly of EODev products by Greenzo Energy. Sandeep Agarwal, Founder of Greenzo Energy India Ltd, highlighted the potential of this partnership, projecting a business potential of USD 10 million in the first year. Jérémie Lagarrigue, CEO of EODev, expressed confidence in Greenzo's expertise to promote sustainable energy solutions in India. Greenzo Energy specializes in green hydrogen energy solutions, providing zero-emission energy services to customers through renewable and green hydrogen infrastructure.