India’s Goal in Green Hydrogen and Electrolyzer Manufacturing by 2030
Here’s an article posted in Economic Times that talks about India’s goal in electrolyzer manufacturing by 2030.
According to the article,
- India plans to manufacture 5 million tonnes of green hydrogen per annum by 2030, translating to an electrolyzer demand of 50GW–60GW.
- The global hydrogen electrolyzer market stood at US$ 350.6 Million in 2021 and is forecast to grow at a CAGR of 24.2% over the forecast period, pushing the market size to US$ 3.7 Billion by 2032.
Interestingly, we have some other posts related to this content:
Green Hydrogen in India – Plan and Projects Unveiled: India targets 115 GW green hydrogen capacity, highlighting renewable energy ambitions, while requiring 50 billion liters of demineralized water for production