January 2, 2024 [News Track]- Jakson Green, an energy transition platform, is gearing up to ship its first green hydrogen electrolyzer in a couple of months. Bikesh Ogra, the Managing Director and CEO, mentioned that they are in the advanced stages of partnering with technology providers for electrolyzer manufacturing. They are evaluating partnerships with companies specializing in various electrolysis technologies like PEM, AEM, or alkaline.
The company recently launched a 100-megawatt electrolyzer manufacturing plant and plans to escalate its capacity to one gigawatt. They’re in talks with technology partners for both domestic and international manufacturing collaborations.
Jakson Green is also engaging with maritime shipping lines to supply green methanol at ports, targeting around 8-10% of the overall production of green molecules in the form of methanol and ethanol.
Additionally, they’re collaborating with NTPC to set up a 10-tonnes-per-day green methanol production plant. This involves capturing carbon dioxide from thermal power plant flue gases, using electrolysis to create hydrogen, and then synthesizing green methanol.
Their goals include achieving a 0.5 million metric tonnes per annum (mmtpa) capacity for green hydrogen and its derivatives production by 2030. Currently, they’re participating in bids for port land allocation at green hydrogen hubs in India.
Ogra highlighted that their current investments are not capital-intensive, primarily focusing on early-stage development processes like environmental impact assessment, securing leases, establishing connectivity, and preparing project DPRs.
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