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36 min ago 2 min read
V.O. Chidambaranar Port in southern India could advance green hydrogen and derivative trade with Europe through a new partnership with Germany’s H2Global foundation.
Under a new memorandum of understanding (MOU), the pair aims to develop the port’s green molecule handling infrastructure, clean fuel production, and long-term offtake opportunities.
H2Global is a German state-funded scheme which purchases green molecules, including hydrogen, ammonia, and clean fuels, and resells them to European consumers at the highest possible market price while absorbing the price gap.
It follows the port revealing for an onsite one million-tonne-per-year green hydrogen-based ammonia plant.
While specific end-users were not identified, the port said it will support India’s goals for green hydrogen production and sustainable shipping.
India has been strengthening its position as a green hydrogen and ammonia exporter with projects including AM Green’s 1.5 million tonne in Kakinada, which has lined up the majority of its offtake to German firms Uniper and RWE.
The country’s National Green Hydrogen Mission also targets five million tonnes of annual hydrogen production by 2030, with plans for hubs at major ports and two vessels to be retrofitted for green fuels by 2027.
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