By comparison, the US is offering production tax credits of up to $3/kg — 88% higher — while the EU is set to have an auction-based system with a subsidy price cap of €4 ($4.36) per kg. With 130bn rupees ($1.59bn) set aside for India’s green hydrogen production support sche...
Subsidies for green hydrogen last for three years only, capped at 50 rupees per kilogram ($0.60/kg) from the first year of production, 40 rupees the second ($0.49/kg), and 30 rupees ($0.37/kg) in the third. Bidders are required to put their required subsidy per year in their applicat...
Winners are Indian conglomerateReliance Industries, India-based renewables firmGreenko, India-based green hydrogen firm Hygenco, andstate-run refiner Bharat Petroleum. Greenko, Acme andReliance won 90,000 tons of capacity e ach at an averageincentive of 19-30 rupees/kg. Tenders are awarded to ...
Longi is entering the green hydrogen market in India with new alkaline electrolyzer offerings. It also plans to roll out a next-generation Hi-MO solar module later this year.
We offer aFREE TRIALof our subscription service and it only takes a minute toregister. If you already have a Carbon Pulse account,log in here. DATA DIVE Check outData Dive, Carbon's Pulse's new data journalism offering. Data Divedelves deeper into larger data sets to analyse the figures,...
India aims to reduce green hydrogen production costs to $2.50/kg by 2025 before reaching $1.00/kg by 2030.However,S&P Global reports that green hydrogen costs worldwide have risen,with green hydrogen produced via alkaline electrolysis in New Soudi Wales,Australia,including capital expenditure,having...
As per the survey, the energy transition plan is complemented by numerous policies intended to improve the ecosystem to deploy promising technological innovations like green hydrogen. The National Hydrogen Mission and Green Hydrogen Policy have been introduced to enable India to be energy ind...
India, at the same time, plans to build a production capacity of 5 million tonnes of hydrogen per year by 2030. The two countries have been collaborating in the field of energy since 2006. German energy companies RWE and Uniper have alreadyfrom India -- both companies will buy part of the...
Fabrum Launches Hydrogen Testing Facility at Christchurch Airport to Accelerate Zero-Emission Aviation Fabrum, a New Zealand company leading the world in zero-emission transition technologies, has unveiled a hydrogen testing facility in partnership with Christchurch Airport to support the development of ...
The green hydrogen market size is forecast to increase by USD 46.25 billion at a CAGR of 66.83% between 2023 and 2028. The market is experiencing significant growth due to the increasing adoption of clean fuel and a heightened focus on utilizing hydrogen in refineries. This shift towards renewab...