Hygenco Green Energies has raised $105m in equity financing from the International Finance Corporation (IFC), Siemens Financial Services, and the Fullerton Carbon Action Fund to support the development of green hydrogen and ammonia projects in India.The India-headquartered firm said the three investors will provide “financial depth, commercial discipline, and industrial...
Cyril Amarchand Mangaldas has advised Hygenco and the promoters in relation to the issue of fresh equity of USD 105 million (about INR 900 crore) from a consortium led by the International Finance Corporation (IFC), Siemens Financial Services and Fullerton Carbon Action Fund. Talwar Thakore &...
Stock image for referential purposes only The state-owned company said the technology marked the first time such a high blending ratio has been achieved globally, according to state media CCTV.{alcircleadd} Previous hydrogen-coal co-firing trials internationally had largely kept blending ratios below 10 per cent, as higher ratios are prone to combustion instability, deflagration risks and...
Why Cheap Renewables Have Not Made Green Hydrogen Cheap — and How H2Pro DWE Is Built for Intermittent Power A breakthrough technical whitepaper from H2Pro reveals why PEM and AEL electrolyzers fail to fully capitalize on low-cost renewable power—and how H2Pro’s DWE creates a credible path toward fossil-fuel cost parity by enabling direct use of low-cost intermittent...
Hygenco Logo The International Finance Corporation (IFC), a member of the World Bank Group, has committed $50 million to Hygenco Green Energies to support the expansion of green hydrogen production across India. The investment is expected to accelerate the development of commercially viable green hydrogen projects while strengthening India’s efforts...
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Payal Industrial Park (PIP) in Dahej, Gujarat, has partnered with Bay Area-based energy startup Fourier to deploy a hydrogen-powered long-duration energy storage system designed to support industrial operations during extended grid outages.According to the announcement, the system is capable of providing backup power for durations ranging from 12 hours to one week without reliance on the...
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