Building a Green Energy Bridge: India and Europe's USD 1 Billion Trade
Key Ideas
  • AM Green and the Port of Rotterdam signed an MoU to develop a green energy supply chain between India and Northwestern Europe via Rotterdam, focusing on hydrogen carriers and sustainable fuels.
  • The collaboration aims to enable the trade of green fuels worth USD 1 billion annually, supporting India's Green Hydrogen Mission and Europe's decarbonization goals.
  • AM Green plans to develop 5 million tons of Green Ammonia production capacity by 2030, with initial production set in Kakinada, in line with the rising global demand for green fuels.
  • The partnership signifies a significant milestone in establishing a global carbon-free energy ecosystem, emphasizing the seamless movement of green molecules and fuels between India and Europe.
AM Green and the Port of Rotterdam Authority have signed a Memorandum of Understanding to establish a green energy supply chain between India and Northwestern Europe through Rotterdam. This initiative will focus on hydrogen carriers and Sustainable Aviation Fuels (SAFs), along with analyzing the requirements for terminal infrastructure development. The partnership aims to support the development of strategic port infrastructure for the safe distribution of hydrogen-based fuels and products, linking India's Net Zero Industrial Clusters to Europe for export opportunities. The trade potential is significant, with an envisaged trade of green fuels worth up to USD 1 billion annually. AM Green's ambitious goal of developing 5 million tons of Green Ammonia production capacity by 2030 aligns with the increasing global demand for green fuels. The Port of Rotterdam, a key energy port in Europe, plays a crucial role as a logistics and hydrogen hub for the continent. Both parties aim to contribute to India's National Green Hydrogen Mission and Europe's decarbonization objectives. This collaboration is celebrated by Boudewijn Siemons, CEO of the Port of Rotterdam Authority, and Anil Chalamalasetty, Founder of AM Green and Greenko Group, as a significant step towards establishing a robust and sustainable green energy supply chain between the two regions.
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