India has strengthened its clean energy transition by updating the National Green Hydrogen Mission. The mission aims at achieving production of 5 million metric tonnes of green hydrogen annually by 2030, for which as much as almost 125 gigawatts of new renewable energy capacity will be required. In addition, more than Rs 8 lakh crore investments are likely to be attracted, and over six lakh jobs would...
The development of the hydrogen energy industry has been driven by demand from application sectors, including scenarios ranging from hydrogen vehicles to power usage. Although global hydrogen vehicle sales have declined over the past two years, Japan... Source link...
Avendus Capital is managing the primary equity raise for the deal, which has an equity value of around $125 million and an enterprise value of around $250 million. IFC plans to invest $50 million equity in the company, with the remaining $75 million to be invested by Siemens AG and Fullerton Fund Management. The deal documentation is underway, and the transaction is expected to...
Despite a strong investor interest in India’s green hydrogen story, there are concerns about how much of this capacity will materialise, given the challenges surrounding its adoption and uptake, finds an analysis. The analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) finds that as of August 2025, 158 green hydrogen projects were at various stages of development....
The Act also simplifies the regulatory framework for the manufacturing of these technologies. This will help increase the competitiveness of the net-zero technology industry in Europe and also accelerate the capacity to store CO2 emissions. The Act addresses technologies that will make a significant contribution to decarbonisation. It supports, in particular, strategic net-zero technologies that are...
Europe’s hydrogen energy sector has recently received a significant boost thanks to the EU Commission awarding funds for eight hydrogen initiatives under its NetZero Program. Europe is aiming to increase the standing and reputation of hydrogen across the region by allocating much-needed funds for substantial hydrogen projects across the EU bloc. The EU’s NetZero program is designed to...
You don’t need a crystal ball to see that sustainable aviation fuel is finally taking off. In a move that could reshape industrial decarbonization along the Gulf Coast, DG Fuels LLC has tapped Samsung E&A to lead the hydrogen and power systems design for its landmark SAF plant in St. James Parish, Louisiana. This hybrid hydrogen venture kicks off the Front-End Engineering Design phase before the...
Here’s what you’ll learn when you read this story:Researchers have been trying to find a more efficient method for pulling hydrogen out of water. Hydrogen storage can energize power grids.Now scientists are turning to wastewater as a viable source of hydrogen. They have discovered a way to extract hydrogen more cleanly than before.This new method could cut costs of hydrogen energy significantly,...
India's green hydrogen ambitions are faltering due to slow project commissioning, driven by inadequate infrastructure and unclear demand signals, a U.S.-based energy think tank said in a note on Friday. Despite strong investor interest, 94% of the country's planned green hydrogen capacity remains at the announcement stage, the Institute for Energy Economics and Financial Analysis said in the note,...
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