Loading...
Loading...
india-secures-1-5bn-world-bank-loan-to-bolster-hydrogen-and-renewables
india-secures-1-5bn-world-bank-loan-to-bolster-hydrogen-and-renewables

India secures $1.5bn World Bank loan to bolster hydrogen and renewables

The World Bank has approved an additional $1.5bn loan to support India’s green hydrogen and renewable energy plans, slated to result in the production of 450,000 tonnes of hydrogen.

Under the bank’s Second Low-Carbon Energy Programmatic Development Policy Operation, the loan will support “reforms” to bolster green hydrogen production and electrolysers, as well as renewable energy penetration.

Expected to result in the production of 450,000 tonnes of green hydrogen and 1.5GW of electrolyser per year from 2025/26, the reforms are also hoped to support steps in developing a national carbon credit market.

… to continue reading this article and more, please login, register for free, or consider subscribing to H2 View

Register today

Paywall Asset Header Graphic

You’ve reached your weekly limit to access free articles!

Want to keep reading?

Please register for free and create a profile to gain access to this full article and H2 View’s daily news.

For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other H2 View archive, please consider subscribing.

Alternatively you can continue reading more articles as a guest on Monday, 15th July at 3:22AM

Please wait...