Axis Energy Ventures India Private Limited today announced that it has collaborated with Greenstat Hydrogen. This collaboration enables Axis Energy in navigating the energy transition effectively & quickly helping Axis Energy to play an active role in India’s Hydrogen mission and to explore new opportunities in the entire value chain of Hydrogen technologies. Towards achieving this objective Axis Energy plans to set up Green Hydrogen production pilot projects by sourcing its own Renewable energy. Axis Energy is today a leading sustainable clean energy company with a presence across India. Axis Energy is at the forefront in contributing towards India’s energy transition from fossil to renewable energy. Axis and Greenstat share a common vision for India’s energy transition and low carbon growth economy. This partnership will strengthen Axis position in the Indian market and contribute to a faster implementation of the company’s ambitious clean energy goals. Greenstat has unique insights and experience across the H2 value chain that will be critical for a fast implementation of the Hydrogen as a key component in India’s energy mix.
Speaking on the partnership, COO Mr. Sri Murali Surapaneni said “Axis Energy is happy to partner with Greenstat Hydrogen India to accelerate the adoption of hydrogen technologies and contribute toward making the India’s Hydrogen mission a success & enabling India in executing its low carbon growth Strategies. For Axis, Hydrogen presents a potential opportunity and is aligned to its Vision & mission. Also this partnership will enable Axis Energy to explore the entire value chain of Hydrogen technology and its associated markets.
About Axis Energy
Axis Energy Ventures India Pvt. Ltd. is one of the fastest growing renewable energy developers in India. Axis’s vision is to be pioneers in renewable energy through innovative and sustainable clean energy solutions. It has executed renewable energy projects exceeding 1 GW. Axis is also the exclusive developing partner for BIF III FVCI HOLDINGS INDIA I PTE. LTD. for joint development of renewable energy projects. Solar Energy and Wind Solar Hybrid Projects of 1 GW of Renewable Projects are in pipeline in various stages of execution. Its strong leadership, expert management team and dedicated workforce are the pillars of its success. Mr. Sturle Pedersen, Chairman, Greenstat Hydrogen India, said “Greenstat is leading a broad representation of Norwegian cutting-edge expertise within the hydrogen sector, we are thrilled to be a part of this exciting journey together with Axis Energy and support Axis to achieve its ambitious plan in Hydrogen and to set up their first hydrogen pilot/demo project. Hydrogen is already a dominant part of the energy value chain world-wide; the challenge now is to revert the energy ecosystem back into its natural evolution. Renewable energy has to replace fossil fuels, to preserve our habitat, and to preserve our mobility. Hydrogen is the natural energy carrier representing av vital part of the sustainable energy solution. We look forward to learn from our partners and share our knowledge.”
Greenstat AS is a Norwegian Energy company with a specific focus on green hydrogen, solar, wind, and zero-emission maritime solutions. Its vision is; To Make Green Happen. To achieve this, the firm and its subsidiaries focus upon different business areas that will contribute to fulfilling the company’s vision. Greenstat website: https://greenstat.no/en/