Reliance New Energy Solar, Denmark’s Stiesdal announce collaboration on HydroGen Electrolyzers in India
Biznextindia : Reliance New Energy Solar Limited (RNESL), a wholly owned subsidiary of Reliance Industries Limited (RIL), and Denmark-based Stiesdal A/S (Stiesdal) signed a cooperation agreement for technology development, and manufacturing of Stiesdal’s HydroGen Electrolyzers in India. The agreement was signed during a state visit of Denmark to India and announced in the presence of Narendra Modi, Prime Minister of India and Mette Frederiksen, Prime Minister of Denmark.
Stiesdal is founded by Henrik Stiesdal, a wind power pioneer and leading thought leader in global renewable industry. Stiesdal is engaged in developing and commercializing several technologies to counter climate crisis. The new technology for HydroGen Electrolyzers has the potential to deliver significant cost reduction compared to currently available technologies thereby paving the way for rapid decarbonization and commercialization of affordable Green Hydrogen – a key enabler in achieving India’s green energy transition.
Mr. Mukesh Ambani, Chairman of Reliance Industries, had announced ambitious plans of setting up a giga factory for manufacturing of hydrogen electrolyzers in Jamnagar, Gujarat. Through this agreement, RNESL and Stiesdal will combine their strengths and capabilities and collaborate to further advance the technology development of HydroGen Electrolyzers and scale it up to set up manufacturing facilities.
As part of this agreement RNESL and Stiesdal have also agreed to extend their collaboration to development and implementation of other path breaking climate change technologies which include offshore wind energy, next generation fuel cells for conversion of hydrogen to electricity for mobile and static electricity generation, long duration energy storage and production of carbon negative fuels
The HydroGen Electrolyzer technology is developed by Stiesdal PtX Technologies. It is an effective technology for green hydrogen production at a game-changing cost level. The HydroGen Electrolyzer benefits from a combination of innovative solutions and a thoroughly industrialized approach to product design and achieving maximum economies of scale in both the output from the electrolyzer unit as well as mass production of the electrolyzer itself. Combined with Reliance’s deep expertise in innovation, project execution and operational excellence and its world-class talent pool, this partnership will bring affordable green hydrogen to millions of Indians.
“We at Reliance see this cooperation agreement with Stiesdal as yet another opportunity to implement our philosophy of “Caring for the Planet” and “Caring for the People”. It is an important step towards fulfilling our commitment to accelerate India’s transition to green energy benefitting from our vast solar energy sources and scaling up innovative and leading technologies to meet this objective. We aim to leverage Stiesdal’s impressive portfolio of climate technologies to serve India market and work together to make this portfolio a global pace setter. In partnership with Stiesdal, we will strive to achieve our stated goal of offering Hydrogen energy under $1 per kg in 1 decade – the 1-1-1 target for Green Hydrogen. Reliance is committed to making the greatest contribution to the National Hydrogen Mission announced by our Hon’ble Prime Minister Mr Narendra Modi on Independence Day this year. Our vision is to put India on global hydrogen map and fulfil the developmental aspirations of 1.35 billion Indians” Mukesh Ambani said.