Siemens Energy collaborated with Air Liquide to increase the production of renewable hydrogen electrolyzers in Europe for industrial purposes. A sustainable hydrogen economy would be able to take off in Europe owing to this Franco-German alliance. Production is anticipated to start in the second half of 2023 and build up to a three gigawatt annual production capacity by 2025.
Adani Group announced their plan to invest USD 20 billion for the generation of renewable energy. This is likely to involve investments with possible partners for the production of electrolyzers.
Author Credits: Smruti Ranjan, Rajrani Baghel