In order to promote hydrogen fuel cell power producers in India and Nepal, New Delhi-based Greenzo Energy and France-based EODev have teamed together.
A hydrogen fuel cell generator is a machine that uses an electrochemical reaction between hydrogen and oxygen to produce both heat and power.
“Greenzo Energy has joined forces with France’s EODev to introduce EODev’s hydrogen fuel cell power generator GEH2® equipped with Toyota technology to India and Nepal,” the company said in a joint statement.
In addition to distributing EODev’s zero-emission generators, Greenzo Energy will offer maintenance services, focusing on industries with high demand including transportation, telecom, and agriculture.
These scalable, emission-free options complement India’s goal of reducing its reliance on fossil fuels by taking the place of traditional diesel generators.
Greenzo Energy will be able to assemble EODev products locally as part of this long-term relationship.
Sandeep Agarwal, Founder and Managing Director of Greenzo Energy India Ltd said, “We are proud to partner with EODev to bring their Toyota fuel cell power hydrogen generators to South Asia. We were chosen after a rigorous evaluation process, highlighting our deep technical expertise, extensive network, thorough understanding of the product, and proven capability in delivering efficient maintenance operations.”
“We are projecting a business potential of USD 10 million in the first year of operations, this venture will meet India’s increasing demand for clean energy solutions,” he said.
Jérémie Lagarrigue, CEO, of EODev, said, “This collaboration represents a significant milestone in our expansion into this key market, where clean and reliable energy solutions are crucial to addressing the challenges of the energy transition. We have full confidence in Greenzo’s expertise to promote and support the deployment of our technologies across India, and we look forward to working together towards a more sustainable future.”
Greenzo Energy offers comprehensive green hydrogen energy solutions. In order to provide clients with specialized zero-emission energy services, it creates, owns, and runs green hydrogen and renewable energy infrastructure.
