India’s transportation sector is a promising one, both from a development and sustainability point of view. Catering to over a billion people, it is fueled by rapid urbanization and actively contributes to congestion, pollution and about 29% of India’s total CO2 emissions. Without immediate action, transportation alone could be producing over 40% of India’s GHG alone by 2040 and 60% by 2050.
As per a report published by the Deloitte Economics Institute, India stands to lose to the tune of $35 trillion in the next 50 years if it does not reduce its dependence on fossil fuels. Inaction on climate change will lead to loss in India’s economic potential by 5.5% each year on an average for the next half century.
In an attempt to start the new year to achieve its climate action targets Denmark's government has declared a goal to make all the domestic flights free from fossil-fuel use by 2030.
PM Modi announced the National Hydrogen Mission during his independence day speech from Red Fort on 15th August, 2021. It is worth mentioning that India spends almost INR 12 lakh crores annually to meet its energy needs. National Hydrogen Mission will aim to mark India as a global hub for green hydrogen production and exports.
A new hydrogen development and carbon sequestration company, Lapis Energy has recently received private equity funding to launch low carbon and clean hydrogen projects across the globe
The Union Minister of Road Transport and Highways Nitin Gadkari inaugurated India’s first hydrogen fuel cell-based vehicle ‘Mirai’. The uniquely designed sedan is a part of the pilot project by the leading motor vehicles manufacturer Toyota with an aim to boost the green hydrogen capacity as an alternative fuel for the future.
The first Budapest hydrogen summit finally commenced on March 10 with the high-level policymakers, major industry stakeholders, and experts from the CEE region sectors committing to achieve a smooth shift to carbon-free hydrogen as energy fuel in the near future.
Egypt’s Prime Minister Mostafa Madbouly had a discussion with Franz Timmermans, Deputy Executive President of the European Commission on Climate Change Issues, in Cairo on Sunday. The meeting was part of the ongoing preparations for the upcoming climate change conference (COP27) to be held in Cairo later this year.
In March 2022, Nitin Gadkari (Minister for Road Transport & Highways, GoI) went viral on Twitter when he arrived at the parliament in a green hydrogen-powered car – the Toyota Mirai. In Japanese, the word Mirai means future; it is one of the few cars developed that run on hydrogen-powered fuel cells. The minister’s drive to the parliament was to raise awareness about India’s vision to replace coal and petrol with green hydrogen.
A team of young researchers from Finland have successfully installed the world’s first fully functioning sand battery that has the ability to store green power for several months.
Scientists from the Indian Institute of Science (IISc) have successfully invented a technology that has the ability to yield hydrogen from biomass. India currently uses about 50 lakh tonnes of hydrogen in several sectors and the new technology has the potential to escalate the country’s green energy capacity and meet these requirements.
The State Government of Maharashtra has announced that they will partner with the petrol companies for the installation of EV charging points on the premises. Dr Nitin Raut, New and Renewable Energy Minister of Maharashtra has officiated the announcement during the Pune Alternate Fuel Conclave 2022.
Drillmec, a Piacenza based Oil and Gas company , a part of Indian infrastructure giant MEIL group on Friday in a press report said, that their hydrogen production would be through advanced technologies which would include electrolysis, pyrolysis and through CO2 capture and storage systems. It further added that the board has set an approval for the investment of over 35 million euros in clean energy transition.
From 2005-2016, over a period of eleven years, India’s carbon emissions fell by 24%. Now, India is only short of 9-11% emission cuts to reach its committed target in the Paris Agreement of 2015. Further, India has made huge advances in renewable energy sources and is confident in achieving 40% of its total energy demands from renewable sources by 2025.
A "Heads of Terms" offtake agreement for low-carbon hydrogen has been signed between Vertex Hydrogen and Merseyside glass maker Pilkington UK. With the completion of two world-first trials of hydrogen being burnt in a glass furnace, St Helens' Pilkington United Kingdom Limited, a unit of the NSG Group, has led the flat glass industry in the conversion to low carbon fuels.
The National Green Hydrogen Mission is expected to attract investments of Rs. 8 lakh crore and generate more than 6 lakh jobs in India, according to a press release from the Indian government.
In an effort to reduce their CO2 emissions and wean Germany off its dependency on Russian gas, the NATO allies signed joint pledges on Thursday by Norway and Germany to enhance the production of renewable energy and create green industries.
PMC has joined hands with a private company, TheGreenBillions Ltd (TGBL), to build India’s first waste-to-hydrogen facility. TGBL, a sustainability solutions manufacturing firm has signed a 30-year partnership with PMC.