Sunday, May 22 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of May 16
Week of May 09
Week of May 02
Week of Apr 25
Week of Apr 18
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    HydrogenPro eyes electrolyser production JV with L&T in India

    January 27, 2022 - SeeNews Renewables


      January 27 (Renewables Now) - HydrogenPro AS (OSE:HYPRO) has signed a memorandum of understanding (MoU) with Indian engineering conglomerate Larsen & Toubro (NSE:LT) to explore the potential formation of a joint venture that would make green hydrogen electrolysers in India.

      The envisaged entity will make use of HydrogenPro's technology to manufacture alkaline water electrolysers on a gigawatt scale so as to tap into markets in India and other selected geographies, a statement showed on Thursday.

      The move is part of a strategy by the Norwegian hydrogen plant developer to scale up its global manufacturing footprint to ensure cost competitiveness and local presence.

      The agreement is seen through the prism of India's target of achieving 175 GW of renewables by 2022 and 500 GW by 2030, with efforts to decarbonise heavy emitters such as refineries, fertilisers, steel and transport operations.

      For L&T, the joint venture would be a further step in its strategy to boost its green energy value chain expertise. In December, the Indian group agreed to partner with ReNew Energy Global Plc (NASDAQ:RNW) to develop and operate green hydrogen projects in India.

      HydrogenPro, for its part, struck a deal in November to set up a majority-owned China-based joint venture with electrolyser components maker Tianjin HQY Hydrogen Machinery Co Ltd (THM), which will see a factory in mainland China established to produce 300 MW of electrolysers per year.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.