Larsen & Toubro licenses Mcphy electrolyser tech for Indian gigafactory
International electrolyser firms are increasingly partnering with Indian firms to gain foothold in the market
India’s Larsen & Toubro has signed an agreement with French electrolyser manufacturer Mcphy to license the latter’s technology for manufacturing. Larsen & Toubro plans to construct an electrolyser gigafactory based on Mcphy’s technology, with an eye primarily to serve domestic demand. “The green hydrogen industry is at a nascent stage with an immense potential, and through this partnership both organisations will harness their inherent strengths to establish cost leadership through local manufacturing and sourcing,” says Derek Shah, Larsen & Toubro’s head of green manufacturing and development. International electrolyser manufacturers are increasingly exploring opportunitie
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter