In Short : Saudi energy firm Alfanar plans to enter India’s green hydrogen market but awaits clear policy and offtake mechanisms. With global experience in Egypt and Chile, and 506.5 MW wind capacity in India, Alfanar seeks stable regulations like long-term PPAs. Its entry could boost India’s hydrogen ambitions, aligning with Alfanar’s global push for […]
Thermax enters the green hydrogen market in partnership with Fortescue Future Industries – EQ Mag
Thermax Limited, a leading energy and environment solutions provider, and Fortescue Future Industries (FFI), an Australia-based green energy and green technologycompany,have signed a Memorandum of Understanding (MoU) to exploregreen hydrogen projects – including new manufacturing facilities – in India. Under the MoU, Thermax and FFI plan to explore opportunities tojointly develop fully integrated green hydrogen […]
What are the Future Prospects of the Green Hydrogen Market? – EQ Mag
Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets. As technology improves and production costs decrease, green hydrogen could become increasingly important in shaping a greener future. The Current Hydrogen Situation The vast majority of hydrogen generated globally is grey, i.e., manufactured from natural gas. […]
Green Hydrogen Market to be worth $60.56 Billion by 2030: Grand View Research, Inc. – EQ Mag Pro
SAN FRANCISCO : The global green hydrogen market size is expected to reach USD 60.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 39.5% from 2022 to 2030. Growing government investments and subsidies benefitting clean fuel usage along with hydrogen […]
India plans entry into post-2030 green hydrogen market
Green hydrogen is expected to start becoming cost competitive with hydrogen from fossil fuels in India by 2030, finds a new report from The Energy and Resources Institute (TERI). The report from the independent research organisation estimates that by 2030 the costs of hydrogen from renewables in India will fall by more than 50% and […]