Hygenco Raises 5 Million from IFC-Led Consortium to Scale Green Hydrogen, Green Ammonia Projects and Create 1,000 Jobs in India

Hygenco Raises $105 Million from IFC-Led Consortium to Scale Green Hydrogen, Green Ammonia Projects and Create 1,000 Jobs in India

Hygenco Green Energies has secured $105 million (about ₹900 crore) in fresh equity from a consortium led by the International Finance Corporation (IFC), Siemens Financial Services and Fullerton Carbon Action Fund, marking one of the largest private capital commitments to India's emerging green hydrogen sector.The funding is expected to accelerate the development of multiple green hydrogen and green...

SET Select Energy books first capacity for Hamburg ammonia import terminal | Hydrogen News

SET Select Energy books first capacity for Hamburg ammonia import terminal | Hydrogen News

Energy and commodity trader SET Select Energy has booked capacity for a planned 600,000 tonne-per-year ammonia import terminal in Hamburg.The company becomes the first to sign terms for the MB Energy facility and could bring in an unspecified amount of the molecule, produced in India by Juno Joule.MB plans to construct an ammonia storage tank and upgrade an existing vessel and...

Clean Power Hydrogen says hydrolyser damage too severe to repair

Clean Power Hydrogen says hydrolyser damage too severe to repair

Clean Power Hydrogen said on Friday that it had suspended work on factory acceptance testing for its MFE220 1MW electrolyser after concluding that damage from a recent test-site incident was too severe to repair and that the unit would require substantial redesign.The AIM-traded green hydrogen technology company said the incident occurred during a standard shutdown procedure in the third and final stage...

Indian port joins H2Global to explore green hydrogen fuel exports to Europe | Hydrogen News

Indian port joins H2Global to explore green hydrogen fuel exports to Europe | Hydrogen News

V.O. Chidambaranar Port in southern India could advance green hydrogen and derivative trade with Europe through a new partnership with Germany’s H2Global foundation.Under a new memorandum of understanding (MOU), the pair aims to develop the port’s green molecule handling infrastructure, clean fuel production, and long-term offtake opportunities.H2Global is a German...

IFC commits USD 50 million to Hygenco to promote green hydrogen in India

IFC commits USD 50 million to Hygenco to promote green hydrogen in India

International Finance Corporation (IFC), a World Bank Group arm, on Friday committed USD 50 million to Hygenco Green Energies Private Ltd to promote green hydrogen in India. IFC, together with Siemens Financial Services, Clean Technology Fund, Frontier Opportunities Fund, and Fullerton Carbon Action Fund, signed a definitive agreement for a collective amount equivalent to USD 105 million investment into...

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