New Delhi: The Solar Energy Corporation of India Limited (SECI) has signed a Memorandum of Understanding (MoU) with eFuels Rotterdam B.V. (Power2X) to strengthen India’s position in the global green hydrogen market and promote the international trade of renewable fuels.
The agreement aims to advance the supply and offtake of Renewable Fuels of Non-Biological Origin (RFNBO)-compliant green molecules from India to international markets. The partnership is expected to support the development of robust supply chains and create scalable pathways for exporting green energy products to Europe and other global destinations.
SECI and Power2X Sign MoU in Presence of Senior Officials
The MoU was signed by Akash Tripathi, IAS, Managing Director of SECI, and Mr. Neil van Buuren, Executive Vice President (EVP) of Power2X.
The signing ceremony took place in the distinguished presence of Union Minister for New and Renewable Energy, Consumer Affairs, Food and Public Distribution, and Education, Pralhad Joshi.
Other prominent dignitaries present at the occasion included:
- Dr. Ajay Kumar Sood, Principal Scientific Adviser to the Government of India.
- Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE).
- Dr. Michel Heijdra, Director General for Climate and Energy, Government of the Netherlands.
- Ms. Ivana Jemelkova, Chief Executive Officer (CEO), Hydrogen Council.
- Other distinguished representatives from the energy and renewable fuel sectors.
Read also: SECI and OHPC Partner to Develop 3 GW Floating Solar Projects with Battery Storage in Odisha by 2030
Partnership to Boost Green Hydrogen and Renewable Fuel Exports
The collaboration marks an important step towards strengthening the India-Europe green hydrogen corridor and expanding opportunities for international trade in renewable fuels.
Under the partnership, SECI and Power2X will work towards advancing the supply and offtake of RFNBO-compliant green molecules produced in India for international markets.
The collaboration will focus on promoting trade in key renewable energy products, including:
- Green Ammonia: Supporting the development of international supply chains for clean ammonia.
- Green Methanol: Advancing opportunities for the global trade of renewable methanol.
- Other Renewable Fuels: Exploring scalable pathways for supplying green molecules to international markets.
The partnership reflects the shared commitment of both organisations to developing reliable supply chains, strengthening cross-border energy cooperation and accelerating the global transition towards cleaner energy sources.
Strengthening India-Europe Energy Cooperation
The MoU is expected to contribute to India’s growing role in the global green hydrogen ecosystem by creating opportunities to connect domestic renewable fuel production with international demand.
Strengthening cooperation between India and Europe will also support the development of a more integrated renewable energy market and facilitate the growth of green fuel trade.
The initiative highlights the importance of international partnerships in scaling up green hydrogen and renewable fuel markets while supporting global decarbonisation efforts.
About Solar Energy Corporation of India (SECI)
Solar Energy Corporation of India Limited (SECI) is a Central Public Sector Enterprise under the Ministry of New and Renewable Energy (MNRE), Government of India. It plays an important role in promoting renewable energy development in the country through project implementation, power trading and facilitation of renewable energy projects. SECI also contributes to India’s clean energy transition by supporting the growth of solar, wind, green hydrogen and other emerging renewable energy sectors.
Read also: SECI Signs USD 26 Million ECB Loan Agreement with Woori Bank to Boost Renewable Energy Financing
