Latest Developments in Global Green Hydrogen Market

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Latest Developments in Global Green Hydrogen Market

  • Chemical and Materials
  • Mar 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In September 2024, Thermax entered into a strategic partnership with Ceres Power to locally manufacture Solid Oxide Electrolysis Cells (SOEC) aimed at green hydrogen production using industrial waste heat. The initiative focuses on supplying energy-efficient solutions for sectors such as steel and oil refineries, with Thermax planning to set up a domestic production facility and localize SOEC components. This move represents a significant milestone in advancing India’s industrial decarbonization through green hydrogen technology
  • In September 2024, Jindal Steel (JSPL) and Jindal Renewables (JRPL) announced a joint initiative to decarbonize steel manufacturing using green hydrogen. Under the collaboration, JSPL will integrate green hydrogen into its Direct Reduced Iron (DRI) process at the Angul facility in Odisha, aligning with its commitment to clean energy and low-carbon steel production. This step reinforces the steel industry’s transition towards sustainability and clean energy leadership in India
  • In April 2023, Sinopec unveiled its plan to build a 400 km green hydrogen pipeline connecting Inner Mongolia to Beijing, marking China’s first large-scale hydrogen transport network. Designed to carry up to 100,000 tonnes of green hydrogen annually, the pipeline supports the nation’s clean energy shift by enabling efficient transmission of renewable hydrogen. This development strengthens China’s infrastructure for green hydrogen and accelerates its national decarbonization goals
  • In April 2020, Siemens Gas and Power and Uniper SE, both headquartered in Germany, signed a partnership to jointly develop renewable hydrogen generation and application projects. Their collaboration aims to establish the commercial viability of green hydrogen by replacing fossil fuels in industrial energy systems. This alliance marked an early push in Europe’s hydrogen economy, emphasizing long-term sustainability and innovation