Hydgen, a developer of advanced Anion Exchange Membrane (AEM) electrolyzer systems, has entered into a partnership with Pune-based Malati Fine Chemicals (MFC) to pilot small-scale green hydrogen production within the sugar industry. The collaboration aims to leverage renewable energy sources and innovative technologies to produce green hydrogen on-site using bagasse-based cogeneration. This green hydrogen will be combined with captured carbon dioxide to synthesize green methanol, promoting a circular economy by repurposing industrial waste. Hydgen will provide its advanced electrolyzer technology, while MFC will offer infrastructure and regulatory support for pilot deployments. The initiative targets decentralized green hydrogen production, starting in the sugar industry and potentially expanding to other sectors. Green methanol, seen as a sustainable alternative to traditional methanol, finds applications in transportation and manufacturing, aligning with decarbonization goals. The partnership between Hydgen and MFC exemplifies a forward-thinking approach to sustainable industrial practices and could serve as a model for similar efforts worldwide, driving the adoption of green technologies in various industries.