India Aims to Become a Major Player in Green Hydrogen Production

India is aiming to become a major power in the production of green hydrogen. The government has allocated 2.25 billion euros for hydrogen projects, and the industry is expected to invest 100 billion euros in the sector. By 2030, India plans to have 500 gigawatts of non-fossil energy capacity, much of which will be driven by solar and hydro power. This will help reduce emissions by 50 million tons, while also creating 600,000 new jobs and saving 1 trillion rupees in energy imports. Oil India has already started producing green hydrogen in Assam, and Mukesh Ambani’s Reliance Industries is also leading the trend.

The Benefits of Green Hydrogen

Green hydrogen is a clean and renewable energy source that has the potential to revolutionize the way we power our lives. It is produced through electrolysis, which splits water molecules into oxygen and hydrogen using electricity generated from renewable sources such as solar or wind. This means that green hydrogen can be produced without releasing any CO2 emissions into the atmosphere. Furthermore, green hydrogen can be stored and transported easily, making it an ideal choice for powering homes, businesses, and transportation systems. The use of green hydrogen also has the potential to reduce reliance on fossil fuels, helping to combat climate change.
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Picture source: Appolinary Kalashnikova