H2Global has signed a Memorandum of Understanding (MoU) with the Solar Energy Corporation of India (SECI) in the hopes of fostering international green hydrogen trade corridors between India and Europe.
The German foundation, set up to facilitate international hydrogen trade auctions where an intermediary buys the energy carrier at market price before reselling to the highest European bidder, said the MoU aims to accelerate trade.
State-owned SECI has been responsible for handling the Indian Government’s electrolyser manufacturing and green hydrogen subsidy auctions.
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