India-Denmark to collaborate on climate change technologies
Odense-based Stiesdal A/S has signed a cooperation agreement for technology development and manufacturing of HydroGen Electrolyzers in India with Reliance New Energy Solar Limited (RNESL), a wholly owned subsidiary of Reliance Industries Limited (RIL).
Stiesdal CEO Henrik Stiesdal said, “Production of low-cost hydrogen is a vital strategic element of the green transition in India and the world, and Reliance Industries have the reach and capability to ramp up electrolyzer production to the required levels.
“For us there could be no greater impact than seeing our technology scaled up for use in the world’s largest democracy.”
RIL Chairman Mukesh Ambani said, “We aim to leverage Stiesdal’s impressive portfolio of climate technologies to serve India market and work together to make this portfolio a global pace setter. In partnership with Stiesdal, we will strive to achieve our stated goal of offering Hydrogen energy under US$1 per kg in one decade, the 1-1-1 target for Green Hydrogen.”
Through this agreement, RNESL and Stiesdal will combine their strengths and capabilities and collaborate to further advance the technology development of HydroGen Electrolyzers and scale it up to set up manufacturing facilities, said Ambani who plans to plans of setting up a giga factory for manufacturing of hydrogen electrolyzers in Jamnagar.
As part of this agreement RNESL and Stiesdal have also agreed to extend their collaboration to development and implementation of other path breaking climate change technologies which include offshore wind energy, next generation fuel cells for conversion of hydrogen to electricity for mobile and static electricity generation, long duration energy storage and production of carbon negative fuels.
The agreement was signed during a state visit by Denmark Prime Minister Mette Frederiksen 9-11 Oct 2021.
The HydroGen Electrolyzer technology is developed by Stiesdal PtX Technologies. It is an effective technology for green hydrogen production at a game-changing cost level. The HydroGen Electrolyzer benefits from a combination of innovative solutions and a thoroughly industrialized approach to product design and achieving maximum economies of scale in both the output from the electrolyzer unit as well as mass production of the electrolyzer itself. #projects #investment #tenders #technology #manufacturing /fiinews.com
