Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Green hydrogen
  • Blue hydrogen
  • Storage & Transportation
  • Consumption
  • Strategies & Trends
  • Finance
  • Women in Hydrogen 50
  • Podcasts
Search
Related Articles
Hydrogen Market Databook 2025: Asia
China and India are leading the region in terms of electrolyser development, while Australia accounts for nearly half of Asia’s active hydrogen projects
Letter from India: Turning hydrogen hub dreams into reality
Building green hydrogen ports and lower production costs key to becoming global exporter
India’s green hydrogen revolution taking shape
Major Indian companies are venturing into the sector thanks to government support, but cost and incentive questions persist
Australia leads the way in Asia-Pacific hydrogen
The country is at the forefront of the region’s hydrogen race, but Asia’s other major economies have big plans of their own
India’s green ambitions face headwinds
Lack of export infrastructure and high production costs among challenges for the country’s nascent electrolytic hydrogen sector
Hydrogen outlook: Africa, Asia and Canada
Multiple projects, strategies and initiatives are underway throughout Africa, Asia and Canada as the transition to net-zero gains traction
Avaada receives $1bn from Brookfield for Indian green hydrogen and ammonia
The developer is in advanced discussions with potential investors toward an additional $200mn
China and India take diverging paths in green hydrogen transition
A focus on energy security drives differing focus on role of gas in hydrogen production, while both countries are expected to be major hubs for electrolyser manufacturing
India kickstarts auction for green hydrogen and electrolyser incentives
Bidders could secure a maximum incentive of $0.61/kg toward green hydrogen production and $54.23/kW toward electrolyser manufacturing
Larsen & Toubro licenses Mcphy electrolyser tech for Indian gigafactory
International electrolyser firms are increasingly partnering with Indian firms to gain foothold in the market
Adani has seen over $100bn in losses since accusation of stock manipulation and accounting fraud
TotalEnergies India
Polly Martin
9 February 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

TotalEnergies shelves Adani green hydrogen project

CEO Patrick Pouyanne defends JV strategy amid controversy over Indian conglomerate’s finances

A $5bn green hydrogen project developed by a joint venture (JV) between TotalEnergies and Indian conglomerate Adani has been put on hold amid controversy over the latter’s finances, the French major’s CEO, Patrick Pouyanne, told a company results call. But he defends both the company’s partnership with Adani and the wider strategy of collaborating with local firms to enter new renewables and clean energy markets. Adani was accused of stock manipulation and accounting fraud by short-seller Hindenburg Research last month and has since seen its market value fall by more than $100bn. “We have an exposure which is quite limited, at $3-3.1bn,” Pouyanne says. He remains confident that the conglomer

Also in this section
EU mulls IPCEI top-ups as national funding falls short
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials
Letter on hydrogen: 45V on the brink?
14 May 2025
Defining moment for US hydrogen sector as House Republicans seek termination of green tax credits
A new standard for hydrogen, part 3
13 May 2025
Existing specifications have been a good starting point for standardisation of hydrogen quality, but they need rethinking—a 99.5 mol-% specification is a promising candidate
A new standard for hydrogen, part 2
12 May 2025
The sector needs a standard covering hydrogen quality for the entire value chain, but no single hydrogen quality covers the needs of all stakeholders

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search