India: Decarbonization India Aims to Become a Leading Producer of Green Hydrogen
India has entered into a collaboration with the International Renewable Energy Agency (IRENA) to strengthen the country’s renewable energy in order to become a leading producer of green hydrogen. Under the terms of the contract, the two will assess the potential of green hydrogen as an enabler of the country’s transition and as a new source of national energy exports. India is also launching a National Green Hydrogen Mission that will help in the production, storage, distribution, and application technologies of green hydrogen.
Abu Dhabi/UAE – India’s Ministry of New and Renewable Energy has recently signed a strategic partnership agreement with IRENA, signalling its intent to further strengthen its collaboration with IRENA in the field of renewable energy. The agreement was signed by the Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General Francesco La Camera during the 12th IRENA Assembly.
India installed 13 gigawatts (GW) of renewables in 2021 and has grown its capacity by over 53 GW in the last five years, positioning it as one of the fastest growing renewable energy adopters in the world. With massive renewable energy potential, India has an aim to become a major producer of green hydrogen to support the decarbonization of its industrial economy. According to IRENA, hydrogen will account for around 12 per cent of total energy supply in a 1.5°C world by 2050.
“India’s commitment for the cause of renewables is very well known and our record speaks for itself,” said Secretary Indu Shekhar Chaturvedi. He added, “We hope to make full use of the strategic partnership agreement and draw fully upon the expertise of IRENA in the area of renewable energy.”
“India is a renewable energy powerhouse and a country whose energy transition actions speak louder than their words,” said Francesco La Camera IRENA Director-General. “India has played a major role in international energy cooperation. This partnership represents a new chapter in an already strong relationship as the country looks to advance its transition and capitalize on emerging new technologies.”
Under the partnership, IRENA will facilitate knowledge sharing from India on scaling-up renewable energy and clean energy technologies as well as support India’s efforts to advance cost-effective decarbonization through the development of domestic green hydrogen. The two will work closely to assess the potential role green hydrogen can play both as an enabler of the transition in India and as a new source of national energy exports. India has initiated the process for developing and launching a National Green Hydrogen Mission to enable cost competitive green hydrogen production, storage, distribution, and application technologies.