Avendus Capital’s latest report on green hydrogen estimates cumulative investments of $125 billion by 2030, across the value chain spanning electrolyzer production, renewable energy generation, and green hydrogen and green ammonia production in India.
A new report by investment bank Avendus Capital estimates the green hydrogen and green ammonia segments in India to drive a cumulative investment of $125 billion across the value chain by 2030.
Out of this cumulative investment, $80 billion will be required in setting up the renewable energy generation plants. Green hydrogen and green ammonia production will require investments worth $30 billion and $10 billion, respectively. Electrolyzer manufacturing presents a $5 billion investment opportunity.
The report states that green hydrogen growth in India will be driven by the rising sustainability focus, demonstrated commercial viability, ever-expanding use cases…
