#IndiaEnergyTransition

[blueweave]

 India Green Hydrogen Market size at USD 4.54 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Green Hydrogen Market size to boom at a robust CAGR of 11.80% reaching a value of USD 9.91 billion by 2031. The Green Hydrogen Market in India is propelled by India's strategic pivot towards a sustainable energy future, anchored by the National Green Hydrogen Mission (launched January 4, 2023). The initiative stems from India's critical need to reduce its significant carbon footprint as the world's third-largest emitter and aims to achieve a transformative 46% green hydrogen share in national energy demand by 2030. Supported by an initial USD 2.4 billion allocation, the Mission provides incentives for both electrolyzer manufacturing and hydrogen production, with the goal of reaching five million metric tons per annum by 2030. India's inherent strengths—including vast land resources, a skilled workforce, and a proactive policy environment—are fostering its development as a global center for green hydrogen innovation. The sector's wide-ranging applications, across key industries like refining, steel, transportation, and energy storage, highlight its potential to replace fossil fuels and facilitate comprehensive decarbonization. Despite the existing challenges of cost competitiveness and infrastructure development, India's commitment to energy independence by 2047 and net-zero emissions by 2070 is set to attract significant domestic and international investments, reinforcing its leadership in the rapidly expanding green hydrogen economy.

Sample Request: https://www.blueweaveconsulting.com/report/india-green-hydrogen-market/report-sample

Opportunity- Emerging Hydrogen Valleys

Government of India has approved USD 50 crore in funding for each of the four Hydrogen Valleys in Pune, Jodhpur, Bhubaneshwar, and Kerala, aiming to establish regional hubs for green hydrogen production, storage, and utilization. These Hydrogen Valleys will cater to multiple industries, including mobility, steel, fine chemicals, and shipping, utilizing diverse production methods, such as bioethanol, biomass, and electrolyzers. Led by the Department of Science and Technology (DST) under the National Green Hydrogen Mission, the initiative focuses on research, innovation, and commercialization to strengthen India’s green hydrogen ecosystem. The program follows a structured approach, starting with small-scale demonstrations (2023–2027), expanding to large-scale projects (2028–2033), and eventually achieving market-wide adoption (2034–2050). By integrating green hydrogen into various industrial applications and developing localized supply chains, Hydrogen Valleys are expected to accelerate clean energy deployment, attract investments, and contribute significantly to India's net-zero ambitions.

[theindiaenergyhour]

Climate readiness: State of play in Indian states

In conversation with India Energy Hour, Dr. Kartikeya Singh, Director of the Global Energy Futures Initiative, discusses India's state-level energy transition journey, addressing challenges, emphasizing opportunities, and the vital role of Indian states in shaping a greener future on India Energy Hour.

The India Energy Hour

In recent years, India has embarked on a remarkable journey towards a more sustainable and renewable energy future. The discussion between Shreya Jai, Sandeep Pai, and Dr. Kartikeya Singh delves into various facets of this transition, with a specific focus on the role of Indian states. This article explores the challenges and opportunities faced by states as they navigate the complex landscape of energy transition.

Tune in to the full episode to find out more! Available on  major podcast platforms and our website

[rawalwasiagroup]

India's Renewable Energy Boom: 20 GW Solar Added in One Year ⚡

India’s renewable energy journey continues to gain momentum, with 20 GW of solar capacity added in the twelve months ending October 2024. This forms a significant part of the 30 GW of new power generation capacity installed during this period, taking the country’s cumulative installed capacity to 454 GW. According to a report by SBICAPS, renewable energy dominated the additions, accounting for 75% (22.5 GW) of the total.

Wind and Storage Transforming Renewable Energy Landscape

Wind energy and energy storage systems are on the rise, driven by the growing demand for round-the-clock (RTC), firm and dispatchable renewable energy (FDRE), and wind-solar hybrid (WSH) solutions. A noteworthy trend is the increase in tenders requiring storage integration—rising from just 5% in FY 2020 to 33% in the first eight months of FY 2025.

With a strong pipeline of projects, SBICAPS projects 50 GW of cumulative solar and wind additions for FY 2025 and FY 2026.

Regional Shifts in Power Capacity: The North and South Surge

The north and south are set to dominate India’s renewable capacity growth over the next decade, overtaking the western region in installed power capacity by March 2032. Key regions contributing to this shift include:

· North: Solar-rich states like Rajasthan and Ladakh.

· South: Wind-friendly coastal areas in Tamil Nadu, Karnataka, and Andhra Pradesh.

Meanwhile, the western region’s share is expected to drop from 33% to 25%, highlighting the need for robust transmission networks to balance energy supply across the nation.

Infrastructure Challenges and Opportunities 🚧🌐

Despite these achievements, the report highlights critical infrastructure challenges. The gap between installed capacity and generation is set to grow in the west, with similar deficits in the east and northeast. This necessitates:

· Greenfield expansions to evacuate power from remote renewable hubs like deserts.

· Doubling the pace of transmission network expansion to meet the goals for March 2027.

Currently, only 28% of the planned 114,687 ckm of transmission lines and 20% of the 776 GVA substations have been commissioned since April 2022. Bridging this gap is a significant challenge, with half of the projects yet to enter the construction phase.

Powering India's Green Future 🌍

India’s renewable energy journey is not just about meeting capacity targets; it’s about ensuring sustainability, enhancing grid resilience, and balancing regional energy demands. The challenges are formidable, but with focused strategies, India is poised to achieve its ambitious green energy goals.

Let’s continue to drive conversations around India’s energy transition. Share your thoughts below! 👇

Credits: pv-magazine-india.com

#RenewableEnergy #SolarPower #WindEnergy #EnergyStorage #Sustainability #IndiaEnergyTransition #GreenEnergy #LinkedIn

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[blueweave]

India Green Hydrogen Market size at USD 4.54 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects India Green Hydrogen Market size to boom at a robust CAGR of 11.80% reaching a value of USD 9.91 billion by 2031. The Green Hydrogen Market in India is propelled by India's strategic pivot towards a sustainable energy future, anchored by the National Green Hydrogen Mission (launched January 4, 2023). The initiative stems from India's critical need to reduce its significant carbon footprint as the world's third-largest emitter and aims to achieve a transformative 46% green hydrogen share in national energy demand by 2030. Supported by an initial USD 2.4 billion allocation, the Mission provides incentives for both electrolyzer manufacturing and hydrogen production, with the goal of reaching five million metric tons per annum by 2030. India's inherent strengths—including vast land resources, a skilled workforce, and a proactive policy environment—are fostering its development as a global center for green hydrogen innovation. The sector's wide-ranging applications, across key industries like refining, steel, transportation, and energy storage, highlight its potential to replace fossil fuels and facilitate comprehensive decarbonization. Despite the existing challenges of cost competitiveness and infrastructure development, India's commitment to energy independence by 2047 and net-zero emissions by 2070 is set to attract significant domestic and international investments, reinforcing its leadership in the rapidly expanding green hydrogen economy.

Sample Request: https://www.blueweaveconsulting.com/report/india-green-hydrogen-market/report-sample