SECI signs MoU with H2Global Stiftung to promote Green Hydrogen initiatives

New Delhi: Solar Energy Corporation of India Ltd (SECI), a PSU under the Ministry of New and Renewable Energy, signed a memorandum of understanding (MoU) with H2Global Stiftung to establish a collaborative framework to promote Green Hydrogen initiatives. "This (MoU) aims to enhance knowledge exchange on market-based mechanisms and foster cooperation between India and importing countries, thereby contributing to the global advancement of the green hydrogen economy," said a statement on Wednesday.

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"The MoU was signed by Shri Sanjay Sharma, Director (Solar), SECI, and Dr. Susana Moreira, Executive Director, H2Global, on 19th November 2024 in the esteemed presence of Mr Timo Bollerhey, CEO (HintCo), Mr Markus Exenberger, Executive Director (H2 Global Foundation), Shri Prashant Kumar Singh, Secretary (MNRE), Shri Abhay Bhakare, Mission Director (NGHM), Dr Prasad Chapekar, DS (MNRE) and Shri K R Jyothi Lal, ACS Kerala," said the statement.

"This collaboration offers India the opportunity to work on joint tender design concepts, particularly in structuring joint tenders that aligns with India’s ambition to become export hub of Green Hydrogen and its derivatives. The cooperation may provide valuable insights into global hydrogen market dynamics, including trade logistics and stakeholder engagement, which can be instrumental in furthering India’s green hydrogen initiatives," the statement added.

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