FFI partners with Thermax on Indian green hydrogen
The two firms will also explore setting up domestic electrolyser manufacturing facilities
Australia’s Fortescue Future Industries (FFI) has signed a memorandum of understanding with Indian EPC firm Thermax to jointly explore the development of green hydrogen projects and component manufacturing facilities in India. The two firms note that India’s recently approved National Green Hydrogen Mission includes incentives for setting up new manufacturing capacity within the country, which could be used to meet both domestic and international electrolyser and subsystem demand. The government has budgeted $2.43bn towards accelerating the Indian hydrogen sector, with around $2.16bn allocated for domestic green hydrogen production and electrolyser manufacturing. To participate in competitiv
Also in this section
8 May 2024
Commission modelling of emission reduction pathway implies undershoot of current hydrogen production and imports targets, according to speakers at a recent Hydrogen Europe event
8 May 2024
Hydrogen cars may not have much credibility, but the same could have been said about EVs not too long ago
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research