Reliance New Energy signs pact with Stiesdal
The Hindu
The cooperation agreement is for technology development, and manufacturing of Stiesdal’s HydroGen Electrolyzers in India.
Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), and Denmark-based Stiesdal A/S have signed a cooperation agreement for technology development, and manufacturing of Stiesdal’s HydroGen Electrolyzers in India.
Stiesdal is engaged in developing and commercializing several technologies to counter climate crisis.
“The new technology for HydroGen Electrolyzers has the potential to deliver significant cost reduction compared to currently available technologies thereby paving the way for rapid decarbonization and commercialization of affordable Green Hydrogen – a key enabler in achieving India’s green energy transition,” RIL and Stiesdal said in a joint statement.
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