The Indian Biogas Association (IBA) and the Hydrogen Association of India (HAI) have forged an alliance to champion hydrogen as a bio-derived energy solution in the country’s energy sector. Their collaboration aims to propel the adoption of green and blue hydrogen, prioritizing sustainable energy projects and advocating for supportive policies.
Anticipated to spur substantial market expansion, the partnership is poised to catalyze the growth of India’s green hydrogen sector, projected to attain a value of $8 billion by 2030 and an impressive $340 billion by 2050. The memorandum of understanding (MoU) inked between IBA and HAI underscores their joint dedication to diminishing the nation’s dependence on imported energy reservoirs while bolstering India’s renewable energy aspirations.
Encompassing a range of initiatives including training, capacity building, and policy advocacy, this strategic partnership is aimed at fostering and enhancing bio-derived energy solutions. It represents a significant stride towards realizing sustainable development and energy self-sufficiency for India.
Within the framework of the collaboration between the Indian Biogas Association (IBA) and the Hydrogen Association of India (HAI), numerous targeted initiatives have been outlined to advocate for hydrogen as a bio-derived energy solution. These endeavors form part of a broader endeavor to reduce India’s dependency on imported energy resources and bolster sustainable development and energy autonomy. Noteworthy is HAI’s signing of memorandums of understanding with additional associations, such as the Scottish Hydrogen and Fuel Cell Association, to facilitate global cooperation.
The Indian Biogas Association (IBA) is a prominent organization in India, established with the goal of promoting biogas as a sustainable and renewable energy source. One of the primary objectives of the IBA is to set up 5000 new commercial biogas plants by the end of the year 2024. The IBA aims to increase awareness of biogas, promote research and development activities in the sector, and improve the business scenario of the biogas industry by advocating for conducive policies.
At the forefront of advancing hydrogen energy in India, the Hydrogen Association of India (HAI) stands as a pivotal institution. Founded with the objective of fostering, endorsing, and nurturing the expansion of hydrogen energy and its utilization across India, HAI engages in scientific pursuits, facilitates the exchange of knowledge on hydrogen energy advancements, and offers technical counsel to both governmental and commercial entities.
Furthermore, HAI hosts international conferences and events to advance the discourse and progression of hydrogen energy solutions. As an illustration, the 10th International Hydrogen & Fuel Cell Conference took place in December of the preceding year.
Tags: HAI, Hydrogen, IBA, Renewable Energy
Recent Posts
NTPC inks pact to set up green hydrogen infra in Odisha
India poised to become major SAF producer
Swan Energy, AG&P to form JV for LNG ops, storage unit
Hydrogen-hybrid research vessel causes 75% less emissions
Sailing towards sustainability: Navigating maritime risks through ESG norms
NTPC Green Energy to participate in SIGHT scheme to supply green ammonia
Oil India signs MoU with HP Govt. to support alternative energy projects
Avaada Group commits $12bn to transform Rajasthan into renewable energy hub