Clean tech business Greenko ZeroC (GZC) and John Cockerill, a designer and manufacturer of high-capacity alkaline electrolyzers in Belgium, are to jointly develop market initiatives for green hydrogen electrolysers in India.
GZC and John Cockerill will combine their strengths to collaborate in all spheres of market evolution for green hydrogen electrolyzers, which converts clean energy into carbon free hydrogen.
They intend to innovate technologies to manufacture carbon negative fuels, hastening the energy transition that companies and countries are undertaking.
Greenko, which is based in Hyderabad, southern India, is already building capacity to cater to the rapidly evolving green hydrogen market globally.
Leveraging India’s ample and diversified base of renewables generation alongside its own long-duration storage projects to provide uninterrupted renewable energy, Greenko aims to deliver internationally cost-competitive green hydrogen and associated green molecules.
John Cockerill is developing the world’s highest capacity electrolysers (6+MW) and manufacturing facilities across the globe.
This partnership will facilitate the production of the lowest cost green hydrogen by enabling delivery of electrolyzers at scale in India, within the next year.
In turn, this will support the faster adoption of a green molecule-related ecosystem in the country.
Greenko, for example, is developing upwards of one mtpa of green ammonia export facilities in India by 2025, requiring ~2GW of electrolyzer capacity.
This will give Greenko a competitive edge in exporting to global green ammonia markets.
The partnership also strengthens Greenko’s credentials as a pioneer of “energy transition”, having started life as a cleantech innovator.
Greenko is a committed supporter of PM Narendra Modi’s vision of making India a global “hydrogen hub”.
Industrial green hydrogen is part of the carbon-free energy mix that India is committed to achieving to reach its recently announced goal of net zero emissions by 2070, laid out by the PM at COP26 in Glasgow.
The quantity of hydrogen consumed in India is currently 5-6 mtpa and replacing a quarter of that with green hydrogen will create a nascent domestic market with a supply chain that will create opportunities to substitute at least 3 mtpa of ammonia imports.
Greenko’s chief executive and managing director Anil Chalamalasetty said: “Greenko is working towards re- industrialization solutions for a low-carbon economy.
“We are partnering with a world-class technology partner in John Cockerill and will jointly develop large-scale green molecule projects in India, which will accelerate the creation of a hydrogen economy.
“This partnership will not only help curtail India’s energy imports; it will also facilitate a turnaround to enable energy exports.
“And it will strengthen India’s green hydrogen ambitions as part of a wider renewable energy program that will see India run the world’s largest energy transition program.”
John Cockerill chief executive Jean-Luc Maurange said: “The fight against climate change is part of our mission, and this partnership with Greenko will enable us to contribute to India’s emergence as a new energy hub.
“India has abundant natural resources, a large domestic market and the potential to cater to the growth of this market regionally and globally.”