Greenzo Energy India Limited (GEIL) has joined forces with France’s EODev to introduce cutting-edge hydrogen fuel cell power generators in India and Nepal. This collaboration marks the first deployment of Toyota’s advanced hydrogen fuel cell technology in South Asia and aligns with India’s "Make in India" initiative, with plans for potential local assembly.
Key Highlights:
Targeted Sectors: The GEH2 hydrogen generators will serve agriculture, telecom, transportation, and defense sectors, providing an eco-friendly alternative to diesel-based systems.
Clean Energy Shift: By replacing fossil fuels, the hydrogen generators contribute to India’s National Green Hydrogen Mission, promoting sustainability.
Revenue Impact: The venture is projected to generate $10 million in business within the first year, signaling strong demand for clean energy solutions.
Partnership Goals: Greenzo will distribute and maintain the generators, with local assembly planned to support India’s manufacturing capabilities and job creation.
Global Expansion: EODev’s partnership with Greenzo signifies a major step in expanding its clean energy solutions to the Indian market, addressing the region’s growing energy needs.
Sandeep Agarwal, MD of Greenzo Energy, highlighted the significance of this collaboration in providing sustainable energy alternatives and unlocking new business opportunities.
EODev’s CEO, Jérémie Lagarrigue, emphasized the importance of reliable energy solutions in the energy transition.
With India’s increasing push to phase out diesel generators, this partnership promises to drive a green energy revolution.
Comments