Industrial engineering and manufacturing conglomerate TKIL Industries has announced strategic investment in Switzerland-based SoHHytec SA which marks the company’s entry into the green hydrogen sector.
SoHHytec SA has been a leader in green hydrogen solutions worldwide that utilizes proprietary artificial photosynthesis (photo-electrolysis) technology to generate green hydrogen from renewable sources like solar and wind. This is mainly for the industrial applications. Globally recognized as the most cost-efficient technology in the field, SoHHytec’s innovative solutions offer a production cost as low as $1 per kilogram of green hydrogen.
Together, TKIL Industries and SoHHytec plan to deploy advanced hydrogen production projects across India’s key industrial hubs, aligning with the nation’s commitment to produce 7.5 million tonnes of green hydrogen annually by 2030.
In this partnership, TKIL Industries will become SoHHytec’s exclusive partner in India, handling the manufacturing and supply of specialized equipment and machinery, and spearheading the installation of green hydrogen projects. TKIL will also help develop a robust local supply chain for manufacturing green hydrogen equipment in the country.
Vivek Bhatia, MD & CEO of TKIL Industries, said that this joint venture will accelerate green hydrogen production in India and contribute significantly to the nation’s clean energy goals. He found the market response excellent, and the company may announce its first orders soon.
Dr. Saurabh Tembhurne, CEO and Founder of SoHHytec, emphasized the transformative potential of the partnership. He said that the collaboration will make green hydrogen a scalable and viable energy solution for India as their proven artificial photosynthesis technology is highly flexible, off-grid capable, and recyclable, using mostly locally sourced materials.
The green hydrogen produced through this partnership will support critical sectors such as steel, fertilizers, biochemicals, cement, and transportation. SoHHytec’s technology also provides a 50% cost reduction per kilometer compared to conventional internal combustion engine vehicles.
Government owned Gas Authority of India Limited (GAIL) has proposed to set up a 300-tonne-per-day…
The International Energy Agency (IEA) has revealed that India’s compressed biogas (CBG) plants are operating…
Bunge, a premier agribusiness company that connects farmers to food, feed and fuel markets, and…
The state government of Uttar Pradesh is planning to develop a network of biogas plants…
The Central Government has approved Rs 122 crore in financial assistance for the proposed 2,000-…
The Ministry of Petroleum and Natural Gas has rejected claims by the Karnataka Government regarding…