Press "Enter" to skip to content

L&T joins together with a Norwegian business to develop electrolyzer technology

L&T (Larsen & Toubro) has agreed to establish a manufacturing unit in India with Norway-based electrolyzer technology and manufacturer HydrogenPro AS, with the goal of tapping opportunities in the green hydrogen space in India and other geographies, the Indian engineering major said in a statement on January 27.

L&T and HydrogenPro will collaborate to build a gigawatt-scale production facility for alkaline water electrolyzers based on HydrogenPro technology, according to the memorandum of understanding. In December, L&T and ReNew Power, a Nasdaq-listed company, formed a partnership to jointly execute, develop, manage, and own green hydrogen projects in India. L&T aim to increase its position across the green energy value chain includes the planned joint venture in India. It will assist HydrogenPro in establishing a worldwide manufacturing footprint in order to retain cost leadership while also ensuring local presence.

L&T joins together with a Norwegian business to develop electrolyzer technology“With green hydrogen emerging as a significant fuel in the future energy basket, the energy business is witnessing a seismic transformation… Given our extensive relationships across the energy industry, successful ongoing collaborations with many MNCs, and deep engineering, procurement, and construction (EPC) experience in this sector, as well as HydrogenPro’s focus on staying ahead of the curve in terms of technology leadership, this will be a win-win partnership,” said SN Subrahmanyan, chief executive officer and managing director of L&T.

Green hydrogen is also a gamble for billionaires Mukesh Ambani and Gautam Adani, whose separate companies are searching for technical collaborations to bring the new technology to India for mass manufacturing. The Adani Group has stated that it aspires to be one of the world’s largest green hydrogen producers and that it intends to invest in the country’s electrolyzer production alongside prospective partners.

Be First to Comment

Leave a Reply

Your email address will not be published.