Greenko signs agreement with Belgium-based John Cockerill for green hydrogen electrolyzers – EQ Mag Pro
The partnership will facilitate the production of the lowest-cost green hydrogen in India within the next year
New Delhi : Greenko Group, a Hyderabad-based cleantech firm, and John Cockerill, manufacturer of alkaline electrolysers in Belgium, on Tuesday said they have signed an exclusive agreement to jointly develop market initiatives for green hydrogen electrolyzers in India.
According to the joint press release, this partnership will facilitate the production of the lowest-cost green hydrogen by enabling delivery of electrolysers at scale in India, within the next year.
“They will also innovate technologies to manufacture carbon negative fuels, hastening the energy transition that companies and countries are undertaking,” it said.
Greenko is already building capacity to cater to the green hydrogen market globally and aims to deliver internationally cost-competitive green hydrogen and associated green molecules.
“We are partnering with a world-class technology partner in John Cockerill and will jointly develop large-scale green molecule projects in India… This partnership will not only help curtail India’s energy imports; it will also facilitate a turnaround to enable energy exports,” said Anil Chalamalasetty, chief executive officer and managing director, Greenko.
Greenko is developing upwards of one metric tonne per annum (mtpa) of green ammonia export facilities in India by 2025, requiring about 2 GW of electrolyser capacity. While, John Cockerill is developing the world’s highest capacity electrolysers of over 6 MW capacity and manufacturing facilities across the globe.
“This partnership with Greenko will enable us to contribute to India’s emergence as a new energy hub. India has abundant natural resources, a large domestic market and the potential to cater to the growth of this market regionally and globally,” said Jean-Luc Maurange, CEO, John Cockerill.