Hygenco Green Energies Launches Maharashtra's First Green Hydrogen Facility
Key Ideas
- Hygenco commissions Maharashtra's first green hydrogen and oxygen facility in Chhatrapati Sambhaji Nagar to supply Sterlite Technologies Ltd., supporting their Net Zero goal by 2030.
- The project, named 'Project Photon Leap,' marks Hygenco's third operational green hydrogen plant and enables Sterlite to be the first optical fibre manufacturer to use 100% green hydrogen.
- Hygenco plans to invest $2.5 billion in green hydrogen projects in India, aiming to deploy 10 GW of assets by 2030, aligning with India's net-zero ambitions.
- Other developments in the hydrogen industry include sales decline for Thyssenkrupp Nucera, Plug Power's multi-year supply agreement, Verne's investment in hydrogen storage, Nyserda's funding for clean hydrogen transport, and the EU's new emissions methodology for low-carbon hydrogen and fuels.
Hygenco Green Energies has inaugurated Maharashtra's inaugural green hydrogen and oxygen production facility in Chhatrapati Sambhaji Nagar. The project, known as 'Project Photon Leap,' will provide green hydrogen and oxygen to Sterlite Technologies Ltd., aiding the company in achieving Net Zero emissions by 2030. This initiative marks Hygenco's third operational green hydrogen plant, with plans to invest $2.5 billion in green hydrogen projects in India. Additionally, the facility will make Sterlite Technologies Ltd. the first optical fibre manufacturer globally to utilize 100% green hydrogen in its manufacturing processes. Through a long-term partnership, Hygenco will build, own, and operate the facility. The plant boasts advanced energy management systems and real-time monitoring for improved safety and efficiency. This collaboration reflects a significant step in decarbonizing industrial processes and fostering sustainability. Meanwhile, other industry players are also making strides in the hydrogen sector, with developments like sales decline for Thyssenkrupp Nucera, Plug Power's strategic supply agreement, Verne's investment in hydrogen storage, Nyserda's funding for clean hydrogen transport, and the EU's new emissions methodology for low-carbon hydrogen and fuels.
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