What is Green Hydrogen?
Green Hydrogen is a clean and sustainable form of hydrogen produced using renewable energy sources such as wind, solar, or hydropower. The process involves splitting water into hydrogen and oxygen using electrolysis, without emitting carbon dioxide.
As a result, Green Hydrogen is an eco-friendly alternative to fossil fuels and plays a critical role in reducing greenhouse gas emissions. It can be stored, transported, and used in various sectors, contributing to the global transition toward a low-carbon economy.
Use Cases of Green Hydrogen Across India
- Fuel for Transportation: Green hydrogen can power fuel cell electric vehicles (FCEVs), including buses, trucks, and trains.
- Industrial Applications: It replaces fossil fuels in industries like steel and cement, reducing carbon emissions.
- Energy Storage: Green hydrogen offers a solution for storing excess renewable energy.
- Export Potential: India has the potential to become a major exporter of green hydrogen.
Why Should You Set Up a Green Hydrogen Industry?
- Rising Demand: Green hydrogen is crucial for decarbonization efforts worldwide.
- Sustainability Focus: Green hydrogen aligns with sustainable energy and climate goals.
- Economic Growth: Green hydrogen infrastructure will create jobs and boost the economy.
- Zero Emissions: Green hydrogen produces no harmful emissions, contributing to climate goals.
- Renewable Source: It is produced using renewable energy, promoting clean energy solutions.
Government Incentives and Subsidies
National Hydrogen Mission
India's National Hydrogen Mission promotes green hydrogen production and export.
Capital Subsidies
Financial support for setting up green hydrogen production facilities.
Tax Benefits
Green hydrogen projects may qualify for tax exemptions and deductions.
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Our dedicated team of engineers will analyse and help you build your entire project for energy storage based on budget and project efficiency. The entire process of feasibility check, design, installation and commissioning till periodic maintenance and support would be taken care by us.
