Green Hydrogen Expansion Across Europe: Initiatives by Leading Renewable Energy Companies
Key Ideas
  • Hero Future Energies is evaluating deployment of green hydrogen plants in the UK and Europe, establishing partnerships with Tier 1 electrolyser OEMs.
  • Adani New Industries is exploring international markets for green hydrogen offtake and developing large-scale integrated plants in Gujarat.
  • Renew is planning a green hydrogen plant in Egypt and signing MoUs with Indian states for setting up plants, along with partnerships with JERA, Indian Oil, and L&T.
  • Avaada Group is working on a 4 MTPA capacity of various green fuels and is actively engaging with offtakers in India and globally.
Hero Future Energies (HFE), a part of the Hero Group, is evaluating the deployment of green hydrogen plants in the UK and the rest of Europe in collaboration with its partners. HFE has strategic partnerships with electrolyser OEMs to develop 1,000MW of green hydrogen production facilities across India, the UK, and Europe. They are also exploring use cases and scaling up green hydrogen projects. Adani New Industries (ANIL) is venturing into international markets like Europe, Japan, and South Korea for green hydrogen offtake partnerships. ANIL has a joint venture focusing on marketing green ammonia and hydrogen derivatives in countries like Japan, Taiwan, and Hawaii. The company is also working on large-scale integrated green hydrogen and derivatives plants in Gujarat. Renew, founded by Sumant Sinha, has signed agreements with Egypt and Indian states like Odisha, Maharashtra, and Andhra Pradesh to set up green hydrogen plants. They are collaborating with partners such as JERA, Indian Oil, and L&T to establish green hydrogen businesses and offtake arrangements. Avaada Group is planning a significant capacity of various green fuels and is actively engaging with offtakers in India and globally. They are working on an integrated renewable energy, green hydrogen, and green ammonia plant in Odisha, focusing on production and not consumption of green fuels. The demand for green hydrogen is rising due to government policy support in reducing carbon emissions and fossil fuel dependence. Although the cost competitiveness of green hydrogen is currently lower than grey hydrogen, advancements in manufacturing scale, technology, and operational efficiency are expected to enhance its viability.
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