Uncertain demand signals and high costs are holding back India’s green hydrogen goals and plans, the Institute for Energy Economics and Financial Analysis (IEEFA) said in a briefing note on Friday, days after a senior Indian official warned the country would miss its 2030 green hydrogen production target. Most projects to produce green hydrogen – via electrolysis using renewable electricity – in India are struggling to reach financial closure as buyer hesitancy amid high costs, uncertainty about long-term demand, and inadequate…
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