Sunday, January 08, 2023

India approves $2.3 billion to develop green hydrogen and become a major exporter

Good news! A sleeping giant awakens to become a superpower in more than one way (pardon my pun)!

"... a first step toward establishing the capacity to make at least 5 million metric tons of green hydrogen by the end of this decade. ...
It will also help India reduce its emissions and become a major exporter in the field," said Anurag Thakur, India's minister for information and broadcasting. ...
Other aims are to create more than a half million new jobs, attract more private investment into the sector, reduce fossil fuel imports ..."

India approves $2.3 billion to develop green hydrogen: The government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry.

No comments: