SECI and H2Global Stiftung Join Forces for Green Hydrogen Promotion in India
Key Ideas
- SECI and H2Global Stiftung have signed an MoU to collaborate on promoting Green Hydrogen initiatives in India.
- The partnership aims to enhance knowledge exchange on market-based mechanisms and facilitate cooperation between India and importing countries.
- India's ambition to become an export hub for green hydrogen and its derivatives will be supported through joint tender design concepts.
- The collaboration may provide insights into global hydrogen market dynamics, trade logistics, and stakeholder engagement to further India's green hydrogen initiatives.
The Solar Energy Corporation of India (SECI) has entered into a Memorandum of Understanding (MoU) with H2Global Stiftung to establish a collaborative framework to promote Green Hydrogen initiatives. This partnership is designed to facilitate knowledge sharing on market-based mechanisms, enhance cooperation between India and importing countries, and contribute to the global growth of the green hydrogen economy. By working together, the two entities will focus on developing joint tender design concepts that align with India's goal of becoming a key exporter of green hydrogen and its by-products. The collaboration is expected to offer valuable insights into the dynamics of the global hydrogen market, trade logistics, and stakeholder engagement, all of which are crucial for advancing India's green hydrogen agenda. The MoU was signed by key representatives from SECI and H2Global Stiftung in the presence of notable officials, signaling a commitment to driving sustainable energy initiatives forward.