Greenzo Energy and EODev Partnership for Hydrogen Fuel Cell Technology Expansion in South Asia
Key Ideas
- Greenzo Energy and EODev partner to introduce Toyota's advanced hydrogen fuel cell technology in India and Nepal.
- The collaboration aims to replace diesel-based systems in sectors like agriculture, telecom, and transportation, contributing to India's National Green Hydrogen Mission.
- Local assembly under the 'Make in India' initiative and expected revenue generation of $10 million in the first year demonstrate a significant step towards sustainable energy solutions.
- The partnership highlights the shift towards clean and reliable energy solutions, job creation, and domestic manufacturing capabilities in South Asia.
Greenzo Energy India Limited has partnered with France's EODev to introduce EODev’s GEH2 hydrogen fuel cell power generators in India and Nepal. This collaboration marks the first deployment of Toyota’s advanced hydrogen fuel cell technology in South Asia and includes plans for potential local assembly under the ‘Make in India’ initiative. The aim is to distribute emission-free generators in sectors like agriculture, telecom, and transportation to replace diesel-based systems, reducing dependency on fossil fuels and supporting India's National Green Hydrogen Mission. The partnership is expected to generate $10 million in business in its initial year. The collaboration emphasizes the importance of sustainable alternatives, clean energy solutions, and revenue opportunities for Indian industries. Through local assembly and focus on sectors like telecom, defense, and government operations, the partnership not only aims to address the challenges of the energy transition but also contribute to job creation and domestic manufacturing capabilities in South Asia.
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Africa
Renewable Energy
Clean Energy
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Sustainability
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