India’s green hydrogen sector poised for $125 billion investment by 2030, report finds

April 11, 2024 |

In Poland, Ytech said that a report from Avendus Capital projects a significant wave of investments in India’s green hydrogen and green ammonia production. By 2030, a total of $125 billion is expected to be funneled into various segments of the green energy value chain in India, according to the report. The report highlighted that the bulk of this investment, about $80 billion, is set to be channeled into renewable energy sources to power the production processes. Green hydrogen production is likely to absorb $30 billion, with an additional $10 billion going into green ammonia production. Manufacturing of electrolyzers represents a promising $5 billion investment opportunity, the report stated.

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Category: Hydrogen

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