India Launches Green Hydrogen Certification Scheme to Empower MSMEs in Energy Transition
Key Ideas
- Union Minister Pralhad Joshi launched the Green Hydrogen Certification scheme to establish a transparent and credible framework for green hydrogen production.
- MSMEs are recognized as key players in India's energy transition, with a focus on innovation and local solutions.
- The National Green Hydrogen Mission aims to build a self-reliant green hydrogen ecosystem by 2030, with an emphasis on empowering MSMEs.
- Discussions at the workshop highlighted the importance of R&D collaborations, indigenization of components, and financial de-risking strategies for MSMEs in the green hydrogen sector.
Union Minister of New and Renewable Energy, Pralhad Joshi, introduced the Green Hydrogen Certification scheme in New Delhi, marking a significant step towards certifying green hydrogen production in India. This initiative aims to ensure transparency, traceability, and credibility in the green hydrogen market. Minister Joshi emphasized the crucial role of Micro, Small, and Medium Enterprises (MSMEs) in driving India's energy transition through their innovative capabilities and localized solutions.
The National Green Hydrogen Mission's objective of establishing a self-reliant green hydrogen ecosystem by 2030 was highlighted during a national workshop attended by over 300 delegates from various stakeholder groups. Secretary Santosh Kumar Sarangi from the Ministry of New and Renewable Energy stressed the importance of building capacities, providing financial support, and enhancing technology linkages to enable meaningful participation of MSMEs in the green hydrogen sector.
Discussions at the workshop focused on research and development collaborations, localization of components like bipolar plates and electrolysers, and strategies to integrate MSMEs into large-scale green hydrogen projects. International experts and corporate leaders shared insights on business models, market opportunities, and engagement strategies for MSMEs. Use cases on biomass conversion to hydrogen were presented, highlighting the potential of decentralized models to meet local demands and promote circular economy principles.
Financial institutions like the World Bank, IREDA, and IIFCL discussed de-risking strategies and blended finance mechanisms to support MSMEs in the green hydrogen space. The workshop underscored the need for green credit lines accessible to MSMEs, emphasizing the role of financial support in driving the growth of green hydrogen initiatives in India.
Topics
Certification
Renewable Energy
Innovation
Finance
Workshop
Capacity Building
MSMEs
Market Opportunities
Ecosystem Development
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