Page 141 - CW E-Magazine (26-9-2023)

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For a consistent supply of High Purity Grade

RENEWABLE ENERGY

Adani Group forms joint venture for marketing of

green hydrogen in Japan

The Adani Group has formed a “The JV with Kowa for green hydro- wafer, cell & module, wind turbine
50:50 joint venture with Japanese gen marketing is a natural and strategic generator, electrolysers and ancillary
conglomerate Kowa Group for sale of extension of Adani Group’s long-stand- items), green hydrogen generation, and
green hydrogen in Japan, Taiwan and ing marketing and trading relationship production of downstream derivative
Hawaii markets. “Adani Global Pte. Ltd., with Kowa,” the statement said. products (i.e., green ammonia, green
Singapore, a step-down wholly owned methanol, sustainable aviation fuel and
subsidiary of Adani Enterprises Ltd., an- Adani New Industries Ltd. (ANIL), others),” the statement said.
nounced a 50:50 joint venture (JV) with the green hydrogen platform of Adani
Kowa Holdings Asia Pte. Ltd., Singapore Group, is developing end-to-end solu- The combined strength of Adani
for sales and marketing of green ammo- tions to produce globally competitive Group’s experience in renewable equip-
nia, green hydrogen and its derivatives. green hydrogen and its associated sus- ment manufacturing, setting up large
The JV will concentrate on marketing tainable derivatives at scale. “The fi rst scale generation projects, building grid
of products in Japan, Taiwan and Hawaii,” project of ANIL of 1-mtpa green hydro- infrastructure, and proven project exe-
the group said in a statement. gen is being implemented in phases in cution capabilities gives it a signifi cant
Gujarat. The initial phase is expected to competitive advantage while building
For the green hydrogen project, the start production by FY2027. Depend- the green hydrogen ecosystem in India,
Adani Group plans to expand its solar ing on market conditions, ANIL aims it said.
module manufacturing capabilities at to increase capacity to up to 3-mtpa of
Mundra SEZ in Gujarat to up to 10-GW green hydrogen in the next 10 years, “ANIL is well positioned to realise
per annum. The Mundra factory would with an investment of about $50-bn,” its targets and provide green molecules Methylamino Propylamine (MAPA)
manufacture metallurgical grade (MG) it said. and sustainable fuels at globally com-
silicon, polysilicon, ingots, wafers, petitive cost. Mundra ports’ proximity
cells and the module itself that are used “ANIL’s strategy is focused on to global supply chain enables export
to generate electricity from solar energy. development of an integrated hydrogen opportunity of green hydrogen and deri-
Seawater will be desalinated before us- ecosystem with three business streams – vatives, especially considering avail-
ing its electrolysers to produce low-cost manufacturing of supply chain pro- ability of jetty for shipment of cryogenic
green hydrogen. ducts (i.e., solar- polysilicon, ingot, products,” it added.

India, Saudi Arabia to collaborate on renewable energy,

grid interconnection, hydrogen
Contact
India and Saudi Arabia have signed petroleum, natural gas, strategic petro- developing qualitative partnerships bet-
a memorandum of understanding leum reserves and energy security, the ween the two countries to localise mate-
(MoU) for cooperation in the fi eld of Ministry of New & Renewable Energy rials, products and services related to
energy. The MoU was signed in New (MNRE) said. all sectors of energy, supply chains and
Delhi by Mr. R.K. Singh, Minister for its technologies, it added.
New & Renewable Energy and Power Both nations will focus on the cir-
and Saudi Arabia’s Minister of Energy cular economy and its technologies to The MoU will develop a stronger
Mr. Abdulaziz bin Salman bin Abdu- reduce the effects of climate change partnership between India and Saudi
laziz AI Saud. As per the MoU, India such as carbon capture, utilisation and Arabia in the fi eld of energy and will
and Saudi Arabia will cooperate in re- storage. The MoU will promote digi- support India’s efforts for energy tran- Hyderabad : Commerce Centre Pharmachem Pvt. Ltd., Tel.: 040-2341 3413/4/5/6 Fax: 040-23413412
newable energy (RE), energy effi ciency, tal transformation, innovation and cy- sition and transformation of the global Email: commercecentre.in@gmail.com
hydrogen, electricity and grid inter- ber-security and artifi cial intelligence energy system towards combating
connection between the two countries, in the fi eld of energy and work on climate change.

140 Chemical Weekly September 26, 2023 Chemical Weekly September 26, 2023 141

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