SECI MoU to Advance Green Hydrogen initiatives
On 19th November 2024, the Solar Energy Corporation of India Ltd (SECI), under the Ministry of New and Renewable Energy (MNRE), signed a significant Memorandum of Understanding (MoU) with H2Global Stiftung. This partnership aims to promote Green Hydrogen initiatives, enhance knowledge exchange on market mechanisms, and foster cooperation between India and international stakeholders.
| Summary/Static | Details |
| Why in the news? | SECI MoU to Advance Green Hydrogen initiatives |
| Partnership | SECI (Solar Energy Corporation of India Ltd) and H2Global Stiftung |
| Date of MoU | 19th November 2024 |
| Purpose | Promote Green Hydrogen initiatives and foster international cooperation |
| Objective | Enhance knowledge exchange on market mechanisms, trade logistics, and stakeholder engagement |
| Key Areas of Collaboration | – Joint tender design concepts – Structuring joint tenders aligned with India’s ambition to become a Green Hydrogen export hub |
| Expected Outcomes | – Support India’s Green Hydrogen initiatives – Provide insights into global hydrogen market dynamics, logistics, and trade |
| Strategic Importance | Facilitates India’s role in the global Green Hydrogen economy while advancing the nation’s renewable energy goals. |
| Stakeholders Involved | – Shri Sanjay Sharma (Director, SECI) – Dr. Susana Moreira (Executive Director, H2Global) – Mr. Timo Bollerhey (CEO, HintCo) – Mr. Markus Exenberger (Executive Director, H2Global Foundation) – Shri Prashant Kumar Singh (Secretary, MNRE) – Shri Abhay Bhakare (Mission Director, NGHM) – Dr. Prasad Chapekar (DS, MNRE) – Shri K R Jyothi Lal (ACS Kerala) |
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