First Time Home Buyer's Guide - KM Realty Group LLC
ADANI GROUP AND KOWA SHAKES HANDS FOR THE MARKETING OF GREEN HYDROGEN.pptx
1. ADANI GROUP AND KOWA
SHAKES HANDS FOR THE
MARKETING OF GREEN
HYDROGEN
2. Adani Group, one of India’s most extensive and
diversified conglomerates, has recently formed a
joint venture with Kowa Group to sell green
hydrogen in the Taiwan, Hawaii, and Japan
markets. The Gautam Adani-led conglomerate has
decided to invest 50 billion USD over the next
decade in setting up a completely integrated green
hydrogen ecosystem in India.
3. BENEFITS ASSOCIATED WITH THE PRODUCTION OF
GREEN HYDROGEN:
Green hydrogen is generated using electrolysis process.
Once the hydrogen is produced, it can be directly
transferred or converted to ammonia before it is
transferred for electricity generation.
Green hydrogen can be used in various sectors,
including transport, chemical, manufacturing, etc.
4. The joint venture between Kowa and the Adani Group is considered a
strategic extension to mitigate the Adani Crisis. It depicts the long-
standing marketing relationship of the Adani Group with Kowa. Adani
New Industries Limited (ANIL), the actual green hydrogen platform of
Adani Group, is developing various advanced solutions to produce
green hydrogen globally. The first project of ANIL is to produce 1
million metric tonnes per annum (MMTPA) of green hydrogen.
THE MAIN AIM OF THE JOINT
VENTURE:
5. THE IMPACT OF THE JOINT VENTURE BETWEEN
ADANI GROUP AND KOWA:
The cumulative strength of Adani Group and Kowa will bring
India enormous economic success. It will lead to a positive
impact on the environment. With increased production of
green hydrogen, India will enjoy export opportunities. It can
start exporting green hydrogen to various other countries as
well.