As businesses and governments hunt for cleaner alternatives to fossil fuels, India’s Re New Power Pvt Ltd. is exploring chances to establish green hydrogen hubs both domestically and internationally. According to Chairman SumantSinha in an interview with Bloomberg Television, “green hydrogen is going to be a more global business, a transferable business, so we are looking at potential for putting up green hydrogen hubs both in India and beyond.” We are having some fruitful discussions with a number of potential clients or off-takers about purchasing green hydrogen. ReNew is one of many Indian businesses exploring the potential of green hydrogen, which is created by utilising power generated from renewable sources to break down water. Green hydrogen is seen to be essential for decarbonizing difficult-to-abate heavy industries. |