Greenko orders electrolysers from John Cockerill; aims to achieve globally lowest Levelized Cost of Hydrogen (LCOH).
Here’s an article found in livemint that talks about the collaboration of Greenko and John Cockeril for a green ammonia plant.
According to the article,
- Greenko has signed an agreement with John Cockerill, a Belgium-based manufacturer of alkaline electrolysers, to supply 28 units of 5MW alkaline electrolysers for the green ammonia plant in Una, Himachal Pradesh
- The electrolysers are due to be delivered in March 2024, and the plant is set to be commissioned by 2024.
- Greenko and John Cockerill are also jointly developing a 2 GW per year electrolyser manufacturing facility in Andhra Pradesh, India.
The new electrolyser plant will play a crucial role in Greenko’s overall decarbonisation strategy by enabling the production of green hydrogen through high-pressure alkaline electrolysis. This will contribute to the development of India’s largest green ammonia plant to date.
So what are the expected economic benefits of the new electrolyser plant for Greenko?
Our specialty focus areas include
- Lowest Levelized Cost of Hydrogen (LCOH): By combining Greenko’s low-cost renewable energy solutions with John Cockerill’s electrolyser technology, the partnership aims to achieve the globally lowest LCOH. This will make Greenko’s green hydrogen highly cost-competitive.
- Economies of scale: As Greenko and John Cockerill are also jointly developing a 2GW per year electrolyser manufacturing plant in Kakinada, Andhra Pradesh, this will allow Greenko to benefit from economies of scale in electrolyser production and further drive down costs.
- Diversification into green molecules: The new electrolyser plant is part of Greenko’s strategic shift from “green electrons” (renewable energy) to “green molecules” like hydrogen and ammonia. This diversification into green fuels and chemicals is expected to provide new revenue streams and growth opportunities for the company.
- Contribution to India’s green hydrogen mission: By developing large-scale green hydrogen and ammonia production capabilities, Greenko is positioning itself as a key player in supporting India’s National Green Hydrogen Mission and the country’s decarbonization goals.
In summary, the new electrolyser plant is a critical component of Greenko’s strategy to become a global leader in low-cost green hydrogen production, which is expected to deliver significant economic benefits for the company.
Interestingly, we have some other posts related to this content:
“Green Ammonia Deal By Uniper with Greenko’s Kakinada Facility, India” – Uniper, a German utility company, has signed a deal with Greenko Group to source green ammonia from India.
