Before getting to the list of Top Green Hydrogen Companies In The World, it is essential to know the concept of Green Hydrogen. Green Hydrogen is also termed Renewable hydrogen. It is obtained when the electrolysis is done by renewable energies like wind and solar. It generates no harmful emissions into the atmosphere as a result it produces the most sustainable and clean hydrogen for use. Due to its characteristics, it possesses the great capability of replacing fossil fuels.
How does Green Hydrogen work?
Hydrogen stored in a tank is passed to the fuel cell. There it combines with oxygen in the air to produce electricity. Leaving behind water as a by-product.
With this basic information, we can now make strides toward the companies that are cooking this new renewable fuel.
Top 10 Green Hydrogen Companies In The World
Reliance Industries Ltd
Reliance is an Indian startup based out in Mumbai, Maharashtra. The company deals in a wide array of products ranging from Insurance to Fuel production. As of June 2022, the company has decided to move towards the production of green hydrogen from grey hydrogen of which it has been the largest producer. The company believes that it can take over the transition by 2025. Reliance also decided to invest $10 billion in building the most exhaustive ecosystem for renewable fuels in India. The company has decided to join hands with Stiesdal who will assist them in this mission by helping in the cost reduction and commercialization of alkaline electrolytes technology.
Shell Plc is an oil and gas production company based out in England, UK. They are considered to be the world’s largest oil company in terms of revenue and profits. Shell Plc decided on its green hydrogen transition in the year 2015 and since then, they have made huge investments in wind, solar, and all other renewable sources. They hope to achieve net zero emissions by 2050. They plan to spread the hydrogen fuel pump station across 400 countries by 2023.
Linde is an international chemical company based in Germany and headquartered in the UK. Linde being a member of the Hydrogen council has decided to make green hydrogen their destiny by 2025. They have launched a massive program of green hydrogen fuel in Greece, France, and other European countries. They wish to enhance the production of green hydrogen by 2025 in the USA via a 35-megawatt Proton exchange membrane electrolyzer.
Air Liquide is a French company that provides services to medical, chemical, and electronic manufacturers by providing them with industrial gas. The company in June 2022 decided to invest in the construction of the two new green hydrogen units. This will be done with the aid of the Shanghai chemical industry park which will assist them with their expertise and help them in establishing the company as the pioneer in clean transportation.
Sinopec is a Bejing-based company that deals with the oil and gas operations of the Communist Country. They deal with all the operations in relation to the refining, marketing, producing, and sales of the petrochemical and others. In 2021, the company developed a green hydrogen plant in Kuqa city with the aim of diversifying its business to renewable options. The plant will work full-fledged by 2023 and is expected to produce more than 20,000 metric tonnes of green hydrogen. Sinopec doesn’t stop here, they have now decided to expand their operations in the northwestern province of China capturing a whooping 630 hectares of land.
Air Products and Chemicals
Air products and chemicals deal in the sales of chemicals and gas to industrial units. It is an American corporation based out in Pennsylvania. The company has decided to set up a full-fledged green hydrogen facility output in New york by 2027 by investing $500 million. They have partnered with ABP to build a large network of green hydrogen facilities in the UK. This step will help the UK government in reducing the annual carbon emission by 2030.
Adani Green Energy Ltd
Adani Green Energy Ltd is based out in Gujarat, India. It is a child subsidiary of the Adani group dealing with renewable energy sources. As of June 2022, Adani partnered with TotalEnergies SE to invest more than $5 billion in the green hydrogen project which aims to produce 1MT of green hydrogen per annum by 2030. They plan to build a 4GW solar and wind farm along with 2 GW hydrogen electrolyzer farms.
Plug Power is based out in New york their main motive is the production and development of hydrogen fuel cell systems. Plug Power uses modern methods of producing green hydrogen-like electrolysis and grid or renewable power sources. The company has made advances to transport green hydrogen to different company warehouses’ logistics systems, making it easier for different European retailers to purchase and use green hydrogen; this is evident from the partnership with Lidl in 2022. It also wishes to set up operation in Spain for 2023 hence they have partnered with Acciona to build two green hydrogen plants that will yield 20% green hydrogen for the Spanish market by 2030.
Bloom Energy was founded in 2001 and it is based out in California. They deal with the manufacturing and marketing of solid oxide fuel that generates on-site electricity. In 2022, Bloom has installed 900+ MW of fuel cells. Bloom Energy has an effective method of producing green hydrogen by providing a combustion-free method. To increase the production of this clean feel, Bloom Energy has decided to install 245kW electrolyzers in Xcel’s energy nuclear power plant.
The company made an entry into the electrolyte environment in the year 1969. Today they have set up their headquarters in Connecticut. They provide an alternative to old-age combustion fuel by introducing eco-friendly techniques. The firm is functional in more than 50 countries. You can give them credit for operating in South Korea which is their most expensive venture of 21 power plants. They use trigeneration technology for making green hydrogen from biogas or natural gas.