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Kerala has taken a significant step in its journey towards decarbonization with the launch of a green hydrogen pilot project in the transport sector. Backed by a Rs. 34.84 crore funding from the Ministry of New and Renewable Energy (MNRE), the project aims to integrate green hydrogen into public transport.
The initiative, approved by the Automotive Research Association of India (ARAI), includes two fuel cell-based and two hydrogen internal combustion engine-based trucks, alongside two hydrogen refueling units. The total cost is estimated at Rs. 40 crores, with 90% covered by viability gap funding (VGF) under the Central government’s grant scheme. The Kerala government-run Agency for New and Renewable Energy Research and Technology (ANERT) will subsidize green hydrogen fuel costs during the project’s initial two years to ensure operational viability.
The project will operate on two sanctioned routes: Thiruvananthapuram to Kochi and Kochi to Edappally, making it a key step in reducing emissions in the state’s transport sector.
Greenstat India, in collaboration with Bharat Petroleum Corporation Limited (BPCL), is playing a pivotal role in developing the hydrogen refueling infrastructure for this pioneering project. Leveraging its expertise in green hydrogen technologies, Greenstat India is contributing to:
Greenstat India’s commitment underscores its role as a leader in accelerating India’s transition to renewable energy.
This project is a key part of Kerala’s goal to achieve net zero emissions by 2050 and 100% renewable energy by 2040. Alongside this pilot, the state is working on initiatives like a green hydrogen plant at Cochin International Airport, which will be led by BPCL. These efforts align with India’s National Green Hydrogen Mission, which aims to establish 5 metric tons of annual green hydrogen production capacity by 2030, positioning the country as a global leader in renewable energy.
Greenstat Hydrogen India (GHI) is a leading company focused on the development of green hydrogen and its derivatives in Asia and ME. GHI plays a vital role in delivering innovative, sustainable energy solutions to support decarbonization across industries and contribute to a cleaner future. GHI was established in 2020 by Greenstat ASA which is a Norwegian green energy company that develops and owns its own projects and invests in external companies that contribute to zero-emission solutions and create green value. Greenstat ASA is today part of FDE(Française De l’Énergie) is a multi-energies producer,which offers low carbon footprint solutions.
Bergen/Oslo, 2nd January 2025
Greenstat Hydrogen India (Pvt) Ltd. (GHI), a pioneer in green hydrogen and derivative solutions, and H2Carrier, a leader in floating green ammonia production technologies, have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU). This collaboration aims to propel green hydrogen and ammonia projects in India and Sri Lanka, marking a significant milestone in the region’s energy transition journey.
Under the agreement, GHI and H2Carrier will work together to identify, evaluate, and implement green hydrogen and ammonia projects. A central focus of this partnership is the use of H2Carrier’s innovative P2XFloater™ technology, the world’s first floating green ammonia production solution, which harnesses renewable energy for large-scale production and export.
“We are excited to partner with H2Carrier in this transformative collaboration,” said Sturle Harald Pedersen, Chairman and CEO of Greenstat Hydrogen India.
“This MoU aligns perfectly with our commitment to driving the clean energy transition and delivering sustainable, scalable solutions for green hydrogen and ammonia production. H2Carrier’s cutting-edge P2XFloater™ technology offers a cost-effective and flexible platform to support industrial decarbonization and foster energy security in our key markets.”
H2Carrier CEO Mårten Lunde expressed equal enthusiasm about the partnership:
“H2Carrier is looking forward to collaborating with GHI to expand green ammonia solutions in India and Sri Lanka. Together, we aim to implement floating production solutions that provide both economic and environmental benefits, addressing the growing demand for green ammonia as a clean fuel and energy carrier while advancing sustainability in heavy industries such as shipping and agriculture.”
Greenstat Hydrogen India is a leading developer of green hydrogen and its derivatives in Asia and the Middle East. Established in 2020 by Greenstat ASA, a Norwegian green energy company, GHI contributes to decarbonization efforts across various industries by delivering innovative, sustainable solutions. Greenstat ASA is part of Française De l’Énergie (FDE), a multi-energy producer offering low-carbon footprint solutions globally.
H2Carrier is renowned for its P2XFloater™ technology, a floating green ammonia production facility that delivers cost-effective, scalable solutions for green hydrogen and ammonia production worldwide. The company is committed to supporting the global energy transition by providing innovative and sustainable energy solutions.
This collaboration between Greenstat Hydrogen India and H2Carrier marks a critical step in advancing green hydrogen and ammonia technologies, reinforcing the commitment of both companies to a cleaner, greener future.
We are pleased to announce that the replay of our webinar, “Green Hydrogen as an Enabler for Renewable Energy,” is now available. This insightful session covers the latest advancements in hydrogen technology, providing a comprehensive overview for professionals in the field.
Webinar Highlights:
We are excited to announce that the replay of our recent webinar, “Green Hydrogen Storage Solutions: The Role of Advanced Materials,” is now available. If you missed this insightful session, now is your chance to catch up on the latest advancements in hydrogen storage technology.
In this exclusive webinar, Dr. Maryam Ghadrdan, a leading expert in the field, delves into cutting-edge developments in hydrogen storage technology. With over a decade of experience in energy solutions, including CO2 capture, hydrogen, and energy storage, and currently leading PLANCK Technologies, Dr. Maryam provides invaluable insights into innovative energy storage materials and their potential impact on sustainable energy solutions.
Rewind to the Green Hydrogen Symposium, a pivotal event held on November 21st at Shangri-la Colombo! Embracing innovation and sustainability, thought leaders gathered to explore the transformative potential of green hydrogen in Sri Lanka’s energy landscape. From envisioning a cleaner tomorrow to laying down the groundwork for a greener future, this symposium ignited conversations and collaborations aimed at shaping a more sustainable path forward. Watch as experts delve into the power of green hydrogen and its promise in building a brighter, eco-friendly tomorrow for Sri Lanka and beyond!
