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September 30,2024

Energy Firms Aim to Reduce Green Hydrogen Costs

As Green Hydrogen gains traction, companies like Avaada, Hygenco, and Thermax aim to reduce production costs from $4-$5 per kg to $1-$2 by 2030. Utilizing AI and advanced technologies, they seek efficiency improvements. Reliance Industries and Adani Group also target lower costs and substantial production goals, with Reliance investing $10 billion to enhance its Green Hydrogen ecosystem.

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