Indian demand for green hydrogen could reach 2mn t/yr by 2030
Firms eye India gigafactory
Larsen & Toubro and Hydrogenpro sign deal to investigate electrolyser manufacture in the nation, which is expected to have growing demand for hydrogen in the future
Indian multinational Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Norwegian electrolyser manufacturer Hydrogenpro to investigate the manufacture of gigawatt-scale alkaline electrolysers in India. Hydrogenpro is already setting up a production factory in Tianjin, China as it looks to capitalise on emerging markets for green hydrogen. It is targeting a production cost for green hydrogen of $1.2/kg in 2022. “We are extremely pleased to enter this MoU with L&T, an engineering and construction powerhouse which is the perfect partner to establish Hydrogenpro in the Indian market,” says Hydrogenpro CEO Elling Nygaard. India has low solar generation costs and
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
