In Texas, US start-up DirectH2 has signed a Letter of Intent with Shree Tuljabhavani Sugar Private Limited (STSPL) for India business development and early funding to enable lowest cost, high efficiency hydrogen production at the point of use.
The US firm is developing a modular direct solar-to-green hydrogen technology.
STSPL, an agricultural company based in Maharashtra, India has a strong business presence in sugar production, ethanol distillery, power generation, compressed biogas and biomass since 2001. “This collaboration between DirectH2 and STSPL will strongly support India’s National Green Hydrogen Mission. STSPL plans to provide land for the future expansion of DirectH2’s operation in India, as well as being an offtaker of the green hydrogen, and an early investor of Direct H2,” said Bhavna Bordikar, chairman and founder of STSPL.
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