In a significant move towards a greener and more sustainable future, India is engaging in talks to supply over 11 million metric tons of green hydrogen annually to the European Union (EU) and Singapore. This potential collaboration holds immense promise not only for India’s clean energy sector but also for global efforts in combating climate change. In this blog post, we will delve into the details of these discussions, the significance of green hydrogen, and the positive impact this partnership can have on the transition to a low-carbon economy.

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I. Exploring Green Hydrogen: Green hydrogen, produced through electrolysis using renewable energy sources, serves as a clean and versatile energy carrier. It has gained considerable attention due to its potential to replace traditional fossil fuels. Here are key points about green hydrogen:

1. Renewable and Emission-Free: Green hydrogen is produced using renewable energy sources, making it a carbon-neutral fuel. Its production process emits no greenhouse gases, offering a sustainable alternative to conventional energy sources.
2. Energy Storage and Transportation: Green hydrogen plays a vital role in energy storage and transportation. Excess renewable energy can be used to produce green hydrogen, which can then be stored and utilized during periods of high demand or when renewable energy generation is limited.

II. India-EU Collaboration on Green Hydrogen: India and the EU are actively discussing agreements related to green hydrogen supply and investment. The following points shed light on this collaboration:

1. Green Hydrogen Supply: The talks involve a potential supply of 10 million metric tons of green hydrogen annually from India to the EU. This partnership would not only boost green hydrogen production but also allow businesses in the EU to invest in Indian clean energy projects.
2. Carbon Credits: Bilateral agreements are being explored, enabling countries to utilize carbon credits associated with green hydrogen production. Businesses in the EU investing in Indian projects could claim carbon credits, further promoting sustainable practices.

III. Singapore’s Role in Green Hydrogen: Singapore has also expressed interest in securing green hydrogen through similar bilateral agreements. The target is to obtain 5 million metric tons of green ammonia, which is equivalent to approximately 1-1.5 million metric tons of green hydrogen per year.

IV. Business Opportunities and Stakeholder Involvement: Renewable energy companies in India, including Avaada Group, Renew Power, and ACME Group, are actively participating in these discussions. The potential bilateral agreements present significant business opportunities for Indian green hydrogen manufacturers.

V. India’s Green Hydrogen Ambitions: India has ambitious plans to become a major green hydrogen exporter. Last year, the government approved a 174.9 billion rupees ($2.13 billion) incentive plan and set a target to produce 5 million metric tons of green hydrogen by 2030.

VI. Global Transition to Green Hydrogen: Around the world, nations are turning to hydrogen as a key component of their transition away from fossil fuels. Green hydrogen holds the potential to address the challenges of global warming and drive sustainable economic growth.

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India’s discussions with the EU and Singapore on supplying green hydrogen mark a significant milestone in the journey towards a sustainable energy future. Green hydrogen’s renewable nature and carbon neutrality make it a powerful catalyst for decarbonization efforts worldwide. This collaboration not only promotes the production and utilization of green hydrogen but also opens up new business opportunities and reinforces India’s position as a major player in the green energy sector

(https://www.reuters.com/sustainability/climate-energy/india-talks-supply-10-mlI