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					</table><p>Larsen &amp; Toubro (<a href="https://www.larsentoubro.com/" target="_blank" rel="noopener">L&amp;T</a>) has signed a binding agreement with <a href="https://mcphy.com/en/" target="_blank" rel="noopener">McPhy Energy</a>, a French electrolyzer technology and manufacturing company, for a long-term partnership to explore opportunities in the emerging green hydrogen market.</p>
<p>As part of the partnership, McPhy will provide L&amp;T with an exclusive license to use its pressurized alkaline electrolyzer technology for manufacturing electrolyzers, including any future product upgrades.</p>
<p>L&amp;T intends to establish a gigawatt-scale manufacturing facility for electrolyzers in India based on McPhy&#8217;s technology to meet domestic demand and serve other selected regions.</p>
<p>The company said the proposed agreement aligns with L&amp;T&#8217;s strategic goal to have a presence throughout the green energy value chain while simultaneously supporting McPhy&#8217;s objective to expand beyond the European market.</p>
<p>Last year, L&amp;T <a href="https://www.mercomindia.com/lt-green-hydrogen-facility-in-gujarat" target="_blank" rel="noopener">announced</a> the commissioning of a green hydrogen facility at its AM Naik Heavy Engineering Complex in Hazira, Gujarat, to produce 45 kg of green hydrogen daily for captive consumption at its Hazira manufacturing complex.</p>
<p>“The energy industry is undergoing a tectonic shift with green hydrogen emerging as a key fuel in the future energy basket. We are delighted to have signed this agreement with McPhy, which will be a win-win partnership given L&amp;T’s strong presence across the entire value chain of manufacturing, EPC, and services in the energy sector, and McPhy’s technology and research leadership in this sector,&#8221; said Subramanian Sarma, Whole Time Director (Energy) at L&amp;T.</p>
<p>“McPhy wants to be a global leader in the manufacture of electrolyzers. Joining forces with a major partner like Larsen &amp; Toubro to address new markets is a great opportunity for McPhy and evidence of the attractiveness of its technology,” said Jean-Baptiste, CEO of McPhy.</p>
<p>Earlier this year, L&amp;T <a href="https://www.mercomindia.com/daily-news-wrap-up-lt-partners-for-green-hydrogen-projects" target="_blank" rel="noopener">signed</a> a memorandum of understanding with the Norway-based H2Carrier to develop floating green ammonia projects for industrial-scale applications.</p>
<p>India has ambitious plans to become one of the world&#8217;s biggest green hydrogen hubs and intends to use it across various sectors. To achieve this, the Union Cabinet <a href="https://www.mercomindia.com/new-green-hydrogen-policy-step-net-zero-emissions" target="_blank" rel="noopener">approved</a> the National Green Hydrogen Mission to facilitate demand creation, production, utilization, and export of green hydrogen with an initial outlay of ₹197.44 billion (~$2.3 billion).</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gautamee-hazarika/" class="vcard author" rel="author"><span class="fn">Gautamee Hazarika</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Gautamee,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gautamee-hazarika/" target="_blank" rel="noopener">More articles from Gautamee.</a><br />
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<a href="gautamee@mercomindia.com" target="_blank" rel="noopener">gautamee@mercomindia.com</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="102" height="102" /><a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">Gautamee</a> is a reporter at Mercom India. Prior to Mercom, Gautamee was working as a multimedia news journalist at ThePrint in New Delhi. She has received her Bachelors in English Honors and Masters in English Literature from St.Stephen&#8217;s College, University of Delhi.<a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">More articles from Gautamee</a></div>
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L&T Partners with McPhy to Produce Green Hydrogen Electrolyzers in India


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					</table><p>The U.S. Department of Energy (<a href="https://www.energy.gov/" target="_blank" rel="noopener">DOE</a>) has announced a grant of $750 million for research, development, and demonstration efforts to reduce the cost of clean hydrogen significantly.</p>
<p>The funding, which is the first phase of the Biden Administration&#8217;s $1.5 billion Bipartisan Infrastructure Law, will aim to speed up the widespread use of clean hydrogen.</p>
<p>The initiative aims to achieve the commercial-scale deployment of hydrogen during this decade, which is expected to help aid the country’s goal of achieving a 100% clean electrical grid by 2035 and net-zero carbon emissions by 2050.</p>
<p>U.S. Secretary of Energy Jennifer M. Granholm stated that producing clean hydrogen from readily available renewable energy sources can provide the country with a potent fuel for various purposes, such as low-emission applications in the manufacturing and construction industries, energy storage, and transportation.</p>
<p>“DOE is accelerating efforts to make this exciting and versatile fuel market-ready within a decade—supercharging America’s drive towards an affordable and secure, clean energy economy,” Granholm added.</p>
<p>The initial phase of implementing two sections of the Bipartisan Infrastructure Law has been initiated through this funding.</p>
<p>These provisions allocate $1 billion for research, development, demonstration, and deployment activities to reduce the expense of producing clean hydrogen via electrolysis.</p>
<p>Another $500 million is earmarked for research, development, and demonstration of better processes and technologies for producing and recycling clean hydrogen systems and materials.</p>
<p>Leveraging tax incentives, research, development, and demonstration in the DOE Hydrogen Program and regional clean hydrogen hubs (H2Hubs), the DOE is looking to accomplish its ambitious Hydrogen Shot objective of producing clean hydrogen at $1 per kilogram within ten years.</p>
<p>The DOE intends to offer financial assistance awards in the form of cooperative agreements with a performance period of roughly two to five years.</p>
<p>Applicants will be required to form teams encompassing various stakeholders from different backgrounds, such as academia, industry, and national laboratories, possessing expertise in several technical disciplines.</p>
<p>These teams should also include diverse entities such as minority-serving institutions, labor unions, tribal nations, community colleges, and other organizations associated with Opportunity Zones.</p>
<p>The application process will consist of two stages, a concept paper phase, and a full application phase.</p>
<p>The deadline for concept papers will be April 19, and complete applications must be submitted by July 19, 2023.</p>
<p>In September last year, the DOE <a href="https://www.mercomindia.com/us-announces-7-billion-funding-regional-hydrogen-hubs" target="_blank" rel="noopener">announced</a> a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America.</p>
<p>In January 2023, Pacific Gas &amp; Electric Company (PG&amp;E) and Energy Vault <a href="https://www.mercomindia.com/us-city-to-replace-diesel-green-hydrogen-plus-battery-system" target="_blank" rel="noopener">signed</a> a 10.5-year agreement to deploy and operate a utility-scale battery plus green hydrogen long-duration energy storage system with a minimum of 293 MWh of dispatchable carbon-free energy. This would replace the conventional, mobile diesel generators used to power PG&amp;E’s microgrid in Calistoga, a city in Northern California, during border grid outages.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gautamee-hazarika/" class="vcard author" rel="author"><span class="fn">Gautamee Hazarika</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="50" /></p>
<p><strong style="text-decoration: underline">Gautamee,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gautamee-hazarika/" target="_blank" rel="noopener">More articles from Gautamee.</a><br />
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<a href="gautamee@mercomindia.com" target="_blank" rel="noopener">gautamee@mercomindia.com</a></p>
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<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/10/Picture1.jpg" width="102" height="102" /><a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">Gautamee</a> is a reporter at Mercom India. Prior to Mercom, Gautamee was working as a multimedia news journalist at ThePrint in New Delhi. She has received her Bachelors in English Honors and Masters in English Literature from St.Stephen&#8217;s College, University of Delhi.<a href="https://mercomindia.com/author/gautamee-hazarika/" rel="noopener">More articles from Gautamee</a></div>
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US Announces $750 Million to Advance Clean Hydrogen Technologies

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