Hero Future Energies Expands Renewable Portfolio and Enters Green Hydrogen Production in Vietnam
Key Ideas
- Hero Future Energies secures a power purchase agreement with SJVN for a 120 MW renewable energy project with storage, ensuring a stable power supply.
- The company wins the project in India under SJVN's tender and will develop it on a build-own-operate basis, benefiting North India for the next 25 years.
- In a separate agreement, Hero Future Energies signs a $200 million MOU for a green hydrogen production plant in Vietnam, highlighting their focus on expanding into sustainable energy solutions.
- The green hydrogen production project in Vietnam is presented at an investment conference in the presence of the deputy prime minister, emphasizing the significance of the initiative.
Hero Future Energies has recently made significant advancements in the renewable energy sector by securing a power purchase agreement with SJVN for a 120 MW renewable energy project in India. This project, developed on a build-own-operate basis, aims to provide stable and dispatchable power to North India for the next 25 years. Additionally, Hero Future Energies has expanded its portfolio by signing an agreement for a $200 million green hydrogen production plant in Vietnam. This move towards green hydrogen underscores the company's commitment to sustainable energy solutions. The memorandum of understanding for the green hydrogen project was unveiled at the 2025 Binh Dinh Investment Promotion Conference in Vietnam, where it garnered attention in the presence of key stakeholders including the deputy prime minister of Vietnam, Nguyễn Chí Dũng. These developments position Hero Future Energies as a key player in the renewable energy and green technology sectors, highlighting their focus on innovation and sustainable growth.
Topics
Projects
Renewable Energy
Investment
Green Technology
Energy Storage
Project Development
Power Purchase Agreement
Vietnam
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