Reading Time: 1 minutes
Vegard Frihammer founder and CEO of Greenstat Norway, stated that Norway is seeking Green Hydrogen opportunities in India.
He told the Statesman that “We need a market where we can collaborate and that is what we found in India.”
Greenstat is a Norwegian energy company with a specific focus on green hydrogen, solar, wind and zero emission maritime solutions.
Frihammer spoke out about the experience of his country in the Hydrogen economy. He said that the maritime sector is his main focus, along with Industry.
Sturle Pedersen (Chair of the Board, Greenstat Hydrogen India), explained that Greenstat Hydrogen is trying to bring technology to India. Not only to bring technology, but also to manufacture and assemble.
Pradeep Multani (President, PHDCCI) and Dr. JP Gupta (Chair, Environment Committee), PHDCCI shared their knowledge about Green Hydrogen.
Greenstat Hydrogen India, a Norwegian company, established a Centre of Excellence for Hydrogen. This includes CCUS, Fuel Cells at Indian Oil R&D, and other relevant technologies, including hydrogen storage and fuel cell technology.
Greenstat says that India is a major producer and consumer of energy and has large problems with air pollution in urban areas. According to Greenstat, India has not yet invested in hydrogen development, as opposed to South Korea and China.
Greenstat reports that the Indian authorities have taken a leading role in hydrogen development in the next years and created the conditions for rapid expansion and large investments. They also used their top-class competence, experience, and technology to ensure high growth and development in India’s ecosystems and economies.