Catalyzing India's Green Hydrogen Future: New Certification Scheme Launched
Key Ideas
- Union Minister Pralhad Joshi introduced the Green Hydrogen Certification scheme in India to ensure transparency and market credibility in green hydrogen production.
- MSMEs are recognized as pivotal for India's energy transition, with a focus on innovative solutions and local capabilities to achieve the National Green Hydrogen Mission's goals by 2030.
- The workshop emphasized R&D collaborations, indigenization of components, and financial strategies to involve MSMEs effectively in the green hydrogen ecosystem, with a special focus on decentralized models for local demand.
- Experts and financial institutions discussed de-risking strategies and green credit lines to support the adoption of green hydrogen by MSMEs and promote a circular economy in India.
Union Minister of New and Renewable Energy, Pralhad Joshi, launched the Green Hydrogen Certification scheme in India to establish a robust framework for certifying green hydrogen production, ensuring transparency, traceability, and market credibility. The minister highlighted the role of MSMEs in India's energy transition, emphasizing their capacity for innovation and localized solutions. The National Green Hydrogen Mission aims to build a self-reliant green hydrogen ecosystem by 2030, with MSMEs playing a critical role. A national workshop in New Delhi gathered over 300 delegates to explore opportunities for MSMEs in the green hydrogen sector. Discussions focused on R&D collaboration models, indigenization of components, and integrating MSMEs into large-scale projects. Experts presented use cases on biomass conversion to hydrogen for rural industries, promoting decentralized models and circular economy principles. Financial institutions discussed strategies to de-risk investments and provide green credit lines accessible to MSMEs. The workshop showcased a positive outlook on India's green hydrogen future, with an emphasis on collaboration, innovation, and financial support for MSMEs.
Topics
Africa
Renewable Energy
Green Economy
Workshop
MSMEs
Certification Scheme
Finance Mechanisms
Technology Linkages
Decentralized Models
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