green hydrogen - SmartEnergy

12Oct

By Editorial TeamNo Comments

Hero Future Energies’ Green Hydrogen Ambitions and Global Expansion Initiatives

Hero Future Energies, a company boasting a portfolio of approximately 1.8 GW in wind and solar energy assets, is venturing into the realm of green hydrogen production. According to Srivatsan Iyer, the Global Chief Executive Officer of Hero Future Energies, the company has been diligently working on this initiative for the past two years and anticipates initiating a project in the coming months. Although specific details of their plans remain undisclosed, Mr. Iyer hinted that their inaugural project may align with an existing use case where hydrogen is already in demand. Mr. Iyer emphasized the viability of hydrogen production and consumption in certain regions of India. He indicated that Hero Future Energies is committed to mastering the technology before expanding further. The company...

Hydrom Signs $20 bn Deals for Green Hydrogen in Oman

Omani hydrogen company Hydrom has signed agreements to develop green hydrogen projects requiring an investment of $20 billion, according to news from the Gulf nation's state news agency. Three memoranda of understanding were signed, with BP Oman, Amnah consortium and the Green Energy Oman alliance, the report said. Together, the projects are expected to generate 500,000 metric tons of green hydrogen a year from more than 12 gigawatts (GW) of renewable energy capacity. Oman's announcement comes as countries in the Middle East ramp up investments in renewables as they seek to transition from fossil-fuel-funded economies. Last month, Saudi Arabia's NEOM Green Hydrogen achieved financial closure on an $8.4 billion green hydrogen facility that will produce 600 metric tons per day of carbon-...

ACME Group and Indraprastha Gas Limited sign MoU to explore the potential business opportunities of Green Hydrogen

Diversified renewable energy company ACME Group and leading City Gas Distribution Company IGL signed a memorandum of understanding (MoU) to jointly explore the potential business opportunities of Green Hydrogen. The MoU was signed by Mr. Ashwani Dudeja (President & Director - Green Hydrogen and Ammonia, ACME) and Mr. Sanjeev Kumar Bhatia (Vice President - Business Development & Gas Sourcing, IGL) in presence of senior officials of both the companies. ACME and IGL will work jointly to promote the adoption by the customers and create demand for Green Hydrogen in the country. The Companies will also work together to explore the opportunity of setting up hydrogen generation plants including setting up electrolyzers to blend Green Hydrogen in IGL’s existing pipeline networks su...