Category: Hydrogen

India discussing supplying green hydrogen to EU, Singapore

Header image courtesy of Alexander Kirch/Shutterstock.com

India has held talks on a potential deal to supply the European Union and Singapore with green hydrogen, according to Reuters. The agreement, involving more than 11 million metric tons of hydrogen, will see the EU and Singapore invest in the energy projects in India.

The talks were attended by Indian renewable energy companies such as Avaada Group, Renew Power, and ACME Group.

India will reportedly consider signing bilateral agreements allowing countries to claim carbon credits from producing green hydrogen made with renewable energy. According to an insider that Reuters spoke to, companies from the EU territories could claim carbon credits from investments in projects in India.

Singapore wants to get 5 million metric tons of green ammonia per annum from India with similar arrangements. This will add between 1 and 1.5 million metric tons of green hydrogen annually. Green ammonia is a green hydrogen derivative.

India seeks to become a major exporter of green hydrogen. It greenlit a $2.13 billion incentive package to meet a 5-million-tonnes-of-green-hydrogen target by 2030. This comes as more countries try to move from fossil fuels to hydrogen to combat global warming.

EU and Chile team up for two initiatives on green hydrogen

Header image courtesy of EEAS

The EU and Chile have signed two new cooperation agreements on renewable hydrogen, as Offshore Energy reports. The new agreements will contribute to the “Team Europe Initiative for the Development of Renewable Hydrogen in Chile” program.

The two initiatives involve technical assistance from EU member states to help Chile develop its renewable hydrogen sector. Also planned is a fund that will support green energy projects.

The technical assistance part of the agreement will promote an enabling environment for Chile’s renewable energy economy. It will ensure capacity building, knowledge transfer, and other measures required to move green hydrogen forward in the South American country.

The EU has budgeted €4 million for the initiatives, supplemented by another €4 million from the German Federal Ministry of Economics and Climate Protection (BMWK).

Team Europe Renewable Hydrogen Fund in Chile is a second fund sponsored by the European Investment Bank (EIB) and the German Development Bank (KfW). It is derived from a €6.5 million grant from the EU’s Latin America and Caribbean Investment Facility (EU LACIF) and €200 million in loans. The loans are powered by the EIB and KfW). These funds will be administered by CORFO to support hydrogen production projects in Chile.

President of the EU, Ursula von der Leyen, said, “this is one of the most important projects that we can undertake together. This Renewable Hydrogen Fund, here in Chile, will support the development of this strategic industry. It will create good jobs in the country, and boost its renewable hydrogen exports to the world and, of course, also to its partners, such as the European Union”.