Fostering Sustainable Energy Solutions: Indo-Japan Partnership for Green Hydrogen
Key Ideas
- Hygenco Green Energies and Mitsubishi Power signed an MoU to explore delivering green hydrogen/ammonia-fired gas turbine combined cycle (GTCC) power plants in India and globally.
- JICA expressed commitment to supporting the development of green hydrogen technologies through the partnership, aiming to reduce carbon emissions and foster sustainable growth.
- The collaboration will focus on deploying scaled-up green hydrogen and ammonia production assets to support decarbonization of power generation and contribute to India's energy security and environmental goals.
- Mitsubishi Power is working on hydrogen and ammonia firing technologies to decarbonize GTCC plants globally, transitioning from natural gas to green fuels for a sustainable energy future.
Hygenco Green Energies has signed a memorandum of understanding (MoU) with Mitsubishi Power to explore the possibility of delivering green hydrogen and ammonia-fired gas turbine combined cycle (GTCC) power plants. This collaboration aims to provide integrated solutions in India and internationally, focusing on deploying sustainable energy solutions. The partnership between Hygenco and Mitsubishi Power is supported by JICA, emphasizing the importance of international cooperation in addressing climate change and promoting sustainable growth. The goal is to develop and deploy scaled-up, commercially viable green hydrogen and green ammonia production assets to support the decarbonization of power generation processes. By converting existing GTCC plants' fuel from natural gas to hydrogen and ammonia, Mitsubishi Power is at the forefront of developing technologies for a sustainable energy future. The involvement of SBI Ventures Limited, managing the Neev II Fund, highlights the significance of investing in green hydrogen and ammonia production for India's energy security, energy transition, and environmental sustainability. This collaboration represents a step towards innovative and sustainable energy solutions, emphasizing the strategic Indo-Japan partnership in fostering green energy and reducing carbon emissions globally.
Topics
Production
Energy Security
Decarbonization
Sustainable Development
International Cooperation
Technology Exchange
Collaborative Investments
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