Statkraft and Aker Horizons have partnered to discover alternatives for inexperienced hydrogen and ammonia manufacturing in India.
Statkraft and Aker Horizons, by way of its portfolio firm Aker Clean Hydrogen have signed collaboration agreements to collectively discover alternatives for inexperienced hydrogen and ammonia manufacturing in India, an announcement stated.
According to the assertion, the collaboration brings collectively Statkraft, a number one developer and generator of renewable vitality with a considerable expertise and presence in India, and Aker Clean Hydrogen, a worldwide built-in hydrogen, ammonia and methanol producer constructing on Aker’s 180 years of business heritage.
“With considerable renewable energy production and market activities in India, Statkraft is well positioned to capture green hydrogen opportunities in this huge and important energy market. Developing such opportunities helps us grow our business and reduces greenhouse gas emissions in India,” stated Jürgen Tzschoppe, Executive Vice President International Power of Statkraft.
Emissions from the metal and ammonia industries contribute to shut to 9 per cent of the worldwide greenhouse fuel emissions and are labeled as hard-to-abate sectors, it acknowledged.
Green hydrogen gives an emission-free various to decarbonizing these industrial sectors and a chance to extend safety of provide of the 2 commodities.
Aker Clean Hydrogen and Statkraft have agreed to discover joint growth alternatives of fully-integrated renewable energy era and inexperienced hydrogen manufacturing in India, focusing on home hard-to-abate industries such because the metal business, in addition to ammonia for home use and export.
Source: www.financialexpress.com”