- IBA and HAI have signed an MoU to advance bio-based energy solutions, focusing on green and blue hydrogen. The green hydrogen market in India is projected to reach $8 billion by 2030 and $340 billion by 2050.
- The alliance will facilitate training, capacity building, and policy advocacy to promote hydrogen energy. This initiative is part of broader efforts to achieve energy self-sufficiency and sustainable development in India.
- The partnership aims to reduce India’s dependence on imported energy by promoting domestic hydrogen production. Advocacy for policies that support the hydrogen and biogas ecosystem will be a key focus of this collaboration.
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