Larsen & Toubro licenses Mcphy electrolyser tech for Indian gigafactory
International electrolyser firms are increasingly partnering with Indian firms to gain foothold in the market
India’s Larsen & Toubro has signed an agreement with French electrolyser manufacturer Mcphy to license the latter’s technology for manufacturing. Larsen & Toubro plans to construct an electrolyser gigafactory based on Mcphy’s technology, with an eye primarily to serve domestic demand. “The green hydrogen industry is at a nascent stage with an immense potential, and through this partnership both organisations will harness their inherent strengths to establish cost leadership through local manufacturing and sourcing,” says Derek Shah, Larsen & Toubro’s head of green manufacturing and development. International electrolyser manufacturers are increasingly exploring opportunitie
Also in this section
15 May 2024
Huge turnout for Rotterdam trade show masks worrying lack of progress for nascent industry confronting the harsh realities of transition
8 May 2024
Commission modelling of emission reduction pathway implies undershoot of current hydrogen production and imports targets, according to speakers at a recent Hydrogen Europe event
8 May 2024
Hydrogen cars may not have much credibility, but the same could have been said about EVs not too long ago
3 May 2024
Australia’s Fortescue and France’s EDF Renewables among the successful bidders as second-round auction draws green hydrogen projects worth about $11b