India Is Turning to ‘Green Hydrogen’ in a Bid to Decarbonize Its Economy
India’s newfound focus on “green hydrogen” has received a boost, with a new collaboration between two firms aiming to install production facilities in the state of Tamil Nadu.
In an announcement at the end of last week, Nasdaq-listed Fusion Fuel Green — which has offices in Ireland and Portugal — said it had signed an agreement with BGR Energy Systems, an engineering, procurement and construction firm whose corporate headquarters are in Chennai.
The agreement is centered around the development of green hydrogen projects in India, with the firms looking to set up a demonstration facility in Cuddalore, Tamil Nadu, later this year.
The facility set to be built in Tamil Nadu will use proprietary technology from Fusion Fuel Green which produces hydrogen using solar energy.
Photo courtesy of Lukas Bato.
Source: CNBC (link opens in a new window)
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- renewable energy