Adani New Industries, the manufacturing and green hydrogen platform of the Adani Group, has signed a development and licensing agreement with Melbourne-based hydrogen technology company Cavendish Renewable Technology (CRT).
The agreement includes infrastructure costs for intellectual property development, license fees, and royalties on the successful commercialization of CRT’s electrolyzer technologies.
Adani is currently setting up a vertically integrated 5 GW electrolyzer manufacturing plant in India. The electrolyzer gigafactory is crucial to Adani Group’s plan to invest $70 billion by 2030 in green technologies and projects.
CRT’s Chief Executive Officer, Ani Kulkarni, said, “It is going to be a golden era for hydrogen over the next decade, and CRT is excited to receive such a significant contract from Adani. We believe this contract would underpin clean…
Adani Partners with Cavendish Renewables to Develop Hydrogen Electrolyzer Tech
