In Short : In an effort to reduce carbon emissions and hasten the transition to renewable resources like solar energy, Swiss Steel Group has started testing hydrogen-based steelmaking technology. The pilot project shows how hydrogen can replace non-renewable resources in heavy industries in conjunction with solar power and other clean energy sources.
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In Short : The Solar Energy Corporation of India has granted Oriana Power Limited a Letter of Award (LOA) under the SIGHT Scheme (Mode-2A, Tranche-I). Under the terms of the contract, 60,000 metric tonnes of green ammonia will be produced and supplied annually at a price of ₹52.25 per kilogram, or ₹313.5 crore annually, for a period of ten years.
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In Short : Union Minister Nitin Gadkari stated during the 24th Darbari Seth Memorial Lecture organized by TERI that India may become a global exporter of clean energy if it can reduce the cost of producing hydrogen to $1 per kilogram (from about $5/kg currently).
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In Short : Given that the demand for this clean fuel is expected to surpass 100 million metric tonnes worldwide by 2030, India has set an ambitious goal to capture almost 10% of the global green hydrogen market.
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In Short : A surge in abandoned hydrogen megaprojects is a sign of maturity rather than failure. The hydrogen industry is shifting from grandiose declarations to practical, realistic initiatives that propel real decarbonization in challenging sectors.
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In Short : GreenIron of Sweden and Norwegian Hydrogen have signed a strategic agreement for the supply of green hydrogen to GreenIron’s Sandviken facility. Through this partnership, GreenIron is able to begin producing metals without the use of fossil fuels by employing renewable hydrogen as the only reducing agent.
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In Short : According to Union Minister Shripad Naik, India is aiming to establish itself as a global center for hydrogen production, use, and export while creating more than 600,000 jobs in the green hydrogen industry by 2030.
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In Short : A last extension has been given by India’s Ministry of New & Renewable Energy (MNRE) for the submission of research and development projects under the Green Hydrogen Scheme.
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In Short : India has declared its intention to acquire about 10% of the world market for green hydrogen, which is expected to reach over 100 million metric tonnes by 2030. Up to now, 19 enterprises have been given the ability to produce 862,000 tonnes of green hydrogen annually, which is bolstered by 15 companies receiving 3,000 MW of electrolyser manufacturing capacity.
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In Short : Green hydrogen, which is produced by using renewable energy to power electrolysis, and its byproducts, such as methanol and ammonia, are becoming revolutionary instruments for the Global South. They provide new opportunities for green industrialization, energy independence, global trade inclusion, and substantial economic and job growth in addition to facilitating climate action and industrial decarbonization.
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