In the field of hydrogen, TotalEnergies is advancing by leaps and bounds. In India, the group made official on Tuesday June 14 an agreement with Adani to acquire a 25% stake in its subsidiary Adani New Industries Limited (ANIL). The latter thus becomes the exclusive platform of AEL and TotalEnergies for the production of green hydrogen and its marketing.
1 million tonnes of hydrogen per year by 2030
As a first milestone, ANIL aims to produce one million tonnes of green hydrogen per year (Mtpy) by 2030, relying on new renewable electricity production capacities of around 30 gigawatts (GW ). As a start, ANIL intends to develop a project to produce 1.3 Mtpa of green hydrogen-derived urea for the Indian domestic market, replacing current urea imports, and will invest around $5 billion in a 2 GW, powered by renewable energy from a 4 GW solar and wind farm.
“Our stake in ANIL is a major step in the implementation of our low-carbon hydrogen strategy, which aims both to decarbonize all the hydrogen consumed by our European refineries by 2030, and to make TotalEnergies a pioneer in the mass production of green hydrogen in order to be able to meet the demand, which will take off by the end of the decade” declared Patrick Pouyanné, Chairman and CEO of TotalEnergies.
