Ayana Renewable, Greenstat Hydrogen Ink MoU to Ramp up Hydrogen Tech Development in India

In line with the Government’s National Hydrogen Mission, Ayana Renewable Power has signed a Memorandum of Understanding (MoU) with Norwegian energy organization Greenstat Hydrogen India to accelerate the hydrogen technology development in India.

September 06, 2021. By Manu Tayal

In line with the Government’s National Hydrogen Mission, Ayana Renewable Power has signed a Memorandum of Understanding (MoU) with Norwegian energy organization Greenstat Hydrogen India to accelerate the hydrogen technology development in India.
 
Further, the objective of this partnership is to collaborate on developing projects for the production of green hydrogen.
 
National Investment and Infrastructure Fund (NIIF) controlled Ayana Renewable has been focused on the development of utility-scale renewable energy projects in India.
 
The MoU has brought together the development and operating expertise of Ayana in India, along with the technical expertise of the Greenstat Group.
 
Commenting on the partnership, Shivanand Nimbargi, Managing Director and CEO of Ayana Renewable Power, said “Ayana is delighted to partner with Greenstat to accelerate the production of green hydrogen in India. For India, Hydrogen presents a great potential opportunity as it will decrease reliance on fossil fuels and focus on sustainable sources of energy. We anticipate that our initiatives will support the National Hydrogen Mission, to fast-track India’s decarbonization of grid and providing energy storage solutions for the industrial sector, and transportation sector over the next few years.”
 
“Leading a broad representation of Norwegian cutting-edge expertise within the hydrogen sector, we are thrilled to be a part of this exciting journey together with Ayana Power, the Indian industry, R&D institutes and the Indian government. Hydrogen is already a dominant part of the energy value chain worldwide; the challenge now is to revert the energy ecosystem back into its natural evolution. Renewable energy must replace fossil fuels, to preserve our habitat, and to preserve our mobility. Hydrogen is the natural energy carrier representing a vital part of the sustainable energy solution together with sustainable battery manufacturing. We look forward to learning from our partners and sharing our knowledge with great gratitude to our partners,” said Sturle Pedersen, Chairman, Greenstat Hydrogen India.
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