Greenko Forms Joint Venture With John Cockerill For Green H2 Electrolysers

Hyderabad-based cleantech business, Greenko Group and John Cockerill, a Belgian maker of alkaline electrolysers, announced an exclusive partnership to jointly develop market efforts for green hydrogen electrolysers in India. 

The Belgian manufacturer of high-capacity alkaline electrolysers will offer them solely to Greenko ZeroC (GZC), a Greenko Group subsidiary. 

Greenko plans to build up to one metric tonne per year (mtpa) of green ammonia export plants in India by 2025, which will require around 2 GW of electrolyser capacity. While John Cockerill is building the world’s greatest capacity electrolysers with capacities of over 6 MW and production plants across the world.

The statement added that GZC and John Cockerill will also work in all aspects of market expansion for green hydrogen electrolysers, which transform clean energy into carbon-free hydrogen.

Greenko is already constructing capacity to serve the worldwide green hydrogen market, with the goal of delivering internationally cost-competitive green hydrogen and associated green molecules.

According to the joint press release, this collaboration would enable the delivery of electrolysers at scale in India within the next year, facilitating the generation of the lowest-cost green hydrogen.

Anil Chalamalasetty, CEO & MD of Greenko siad, “This partnership will not only help curtail India’s energy imports; it will also facilitate a turnaround to enable energy exports,”

India’s abundance of natural resources, a huge local market, and the ability to cater to the regional and global expansion of this green sector enables John Cockerill in collaboration with Greenko to contribute to India’s evolution as a new energy powerhouse, says CEO of John Cockerill, Jean-Luc Maurange.

The joint statement said that India’s consumption of Hydrogen is 5-6 mtpa, as of now. However, substituting a quarter of it with green hydrogen would establish a fledgling local market with a supply chain that will generate opportunities to replace at least 3 mtpa of ammonia imports.

Both the partners see this collaboration to bolster India’s green hydrogen goals as part of a larger renewable energy programme in which India will lead the world’s greatest energy shift.