Green hydrogen is a clean, 0-emission fuel produced via splitting water into hydrogen and oxygen via electrolysis the use of power from renewable assets like solar or wind power. It is a sustainable energy carrier used to decarbonize heavy industries, shipping, and transport.
At its simplest, an electrolyzer is a device that uses electricity to split water (H2O) into its fundamental elements: hydrogen and oxygen. When the electricity used in this process comes from renewable sources like solar or wind, the resulting hydrogen is classified as “green hydrogen,” meaning the entire production cycle generates zero carbon emissions.
Green hydrogen is extra essential than any other hydrogen due to the fact it’s far the only model that offers a very round, 0-emission lifecycle.
The Strategic Interventions for green Hydrogen Transition (SIGHT) incentive scheme is mainly applicable to entities involved in the manufacturing of green Hydrogen and the producing of electrolysers within India. It’s far a key factor of the national green Hydrogen mission, with a complete budget outlay of INR 17,490 crore, carried out with the aid of the solar energy corporation of India (SECI).
Top main companies are:
Reliance Industries limited, Adani group, NTPC green energy, Larsen & Toubro, Indian Oil Corporation, GAIL (India) limited, and so on.
The government of India, broadly speaking through the Ministry of new and Renewable energy (MNRE), is supplying the investment for the national green Hydrogen mission, with a complete permitted outlay of ₹19,744 crore up to 2029-30.
India objectives to establish a total green hydrogen production potential of at least five Million Metric Tonnes (MMT) per annum by 2030.
China, the European Union (led by means of Spain and Germany), the USA, and Australia are leading the worldwide green hydrogen production race, driven by huge investments, electrolyzer deployment, and supportive guidelines.