GH2 CEO Roundtable with thyssenkrupp: A Strategic Discussion

The recent GH2 CEO Roundtable in Mumbai brought together top executives from leading industries to engage in a high-level dialogue on the future of green hydrogen in India. The event, held on 7th August 2024, featured a keynote address by Mr. Miguel Ángel López Borrego, CEO of thyssenkrupp, who outlined three critical levers for India's energy transition:

Scaling Up Decarbonisation: Emphasising the need for gigawatt-scale solutions to decarbonise India's industrial sector.

Hybrid Blue-Green Pathways: Advocating for a combination of blue and green hydrogen to accelerate carbon neutrality in hard-to-abate sectors.

Positioning India as a Green Ammonia Leader: Highlighting India's potential to triple its green ammonia capacity, further solidifying its role in the global green hydrogen market.

The discussions also underscored the importance of energy storage, with GH2 member Amgreen focusing on solutions to address grid intermittency, ensuring round-the-clock green power.

In addition to technology and innovation, the roundtable delved into financial strategies for supporting the green hydrogen industry. Participants acknowledged the need for macro-level changes and innovative financial instruments, with GH2 leading conversations with DFIs and investors. The importance of collaborative efforts and strategic partnerships was a recurring theme, with Indian industry leaders showing a bold approach to the energy transition.

The roundtable, accompanied by a series of insightful discussions, marked a significant step in India's green hydrogen journey, reaffirming GH2's commitment to fostering a cleaner, more sustainable future.