H2Global and SECI Partner to Boost Green Hydrogen Trade Between India and Europe
Key Ideas
- H2Global and SECI signed an MoU to facilitate green hydrogen trade corridors between India and Europe.
- The agreement aims to accelerate trade through market-based mechanisms and knowledge exchange.
- H2Global has already awarded a contract for the supply of green hydrogen from Egypt and plans auctions with Canada and Australia.
- H2 View's webinar platform offers specialty talks and discussions on key trends in the industry, available on-demand.
H2Global, in collaboration with the Solar Energy Corporation of India (SECI), has signed a Memorandum of Understanding (MoU) to establish international green hydrogen trade corridors between India and Europe. The MoU aims to accelerate trade by utilizing market-based mechanisms and fostering knowledge exchange on supporting green hydrogen supply and demand. The agreement signifies a step towards closer cooperation between the EU and India in the realm of renewable energy. CEO Timo Bollerhey highlighted the potential for scaling up international trade in renewable hydrogen through this partnership. Executive Director Markus Exenberger emphasized the importance of strong partnerships in accelerating the energy transition. H2Global has already awarded a significant contract to Fertiglobe for the supply of green hydrogen from Egypt and has plans for auctions with Canada and Australia to further expand its initiatives. Additionally, H2 View's webinar platform offers a space for industry figures to discuss key trends and engage in collaborative sessions with the audience, providing valuable insights and discussions on the latest developments in the green hydrogen sector.