Adani, Ballard Power to evaluate investment in hydrogen fuel cell
POWER & RENEWABLE ENERGY

Adani, Ballard Power to evaluate investment in hydrogen fuel cell

Adani Group and Ballard Power Systems have come together for the evaluation of a joint investment in hydrogen fuel cell manufacturing in the country.

In a statement, the Adani group said that under the memorandum of understanding (MoU) agreement, both the parties will be examining several options for cooperation, which includes a potential collaboration for fuel cell manufacturing in the country.

Hydrogen is highly seen as a vital medium for the decarbonisation of energy, mobility, and industry.

Adani group is aiming to be among the largest green hydrogen producers around the globe via accelerated investments in renewable energy.

The efforts under MoU are to be anchored by Adani New Industries Limited (ANIL). ANIL is an Adani Enterprises subsidiary that focuses on the generation of green hydrogen including green electricity generation, wind turbines, downstream products, and electrolyzers among others.

Adani New Industries Limited (ANIL) Director, Vineet S Jaain said that green hydrogen is the future fuel, and fuel cells are going to be a game-changer in the country's energy transition.

The company’s ability to establish a world-class green hydrogen value chain will be important to facilitate the energy transition and is excited to partner with the global leader in fuel cell technology- Ballard, for the creation of a shared fuel cell ecosystem in the country.

ANIL will be deploying innovative use cases in their businesses along with marine vessels, industrial power, fuel cell trucks, mining equipment, and off-road vehicles. It will shape this industry via this strategic collaboration.

Image Source

Also read: Adani Group's energy business to be led by Adani New Industries

Adani Group and Ballard Power Systems have come together for the evaluation of a joint investment in hydrogen fuel cell manufacturing in the country. In a statement, the Adani group said that under the memorandum of understanding (MoU) agreement, both the parties will be examining several options for cooperation, which includes a potential collaboration for fuel cell manufacturing in the country. Hydrogen is highly seen as a vital medium for the decarbonisation of energy, mobility, and industry. Adani group is aiming to be among the largest green hydrogen producers around the globe via accelerated investments in renewable energy. The efforts under MoU are to be anchored by Adani New Industries Limited (ANIL). ANIL is an Adani Enterprises subsidiary that focuses on the generation of green hydrogen including green electricity generation, wind turbines, downstream products, and electrolyzers among others. Adani New Industries Limited (ANIL) Director, Vineet S Jaain said that green hydrogen is the future fuel, and fuel cells are going to be a game-changer in the country's energy transition. The company’s ability to establish a world-class green hydrogen value chain will be important to facilitate the energy transition and is excited to partner with the global leader in fuel cell technology- Ballard, for the creation of a shared fuel cell ecosystem in the country. ANIL will be deploying innovative use cases in their businesses along with marine vessels, industrial power, fuel cell trucks, mining equipment, and off-road vehicles. It will shape this industry via this strategic collaboration. Image Source Also read: Adani Group's energy business to be led by Adani New Industries

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?