Local optical and digital solutions supplier STL has partnered with green hydrogen solutions provider Hygenco to procure green hydrogen for its manufacturing facilities. Under this long-term offtake arrangement, Hygenco will construct, own, and operate the Green Hydrogen factory for STL for 20 years. In the upcoming 15 to 18 months, this facility will be powered by renewable energy and put into service, according to a statement from STL.
The project, according to STL, will be the "very first green hydrogen project in India's optical industry" and further the business's goal of going net-zero by 2030. Gases like hydrogen and oxygen are regarded as challenging to decarbonize sections in the optical fibre value chain. Through this agreement, STL and Hygenco hope to reduce carbon emissions by about 30% annually.
Electrolysers powered by conventional energy are used by STL. Hygenco's electrolysers based on renewable energy have been installed, allowing STL to internally source its hydrogen needs. This system's autonomous energy management and control will allow for continuous monitoring and quick decision-making to guarantee maximum effectiveness.
Ankit Agarwal, managing director of STL, stated that by this partnership with Hygenco, the company 'begins a transformative journey towards sustainability, harnessing the power of green hydrogen, an eco-friendly solution that empowers our Glass plant with clean energy'. Through this relationship, we will set out on a revolutionary path towards sustainability, utilising Green Hydrogen's potential to power STL's industrial facilities. Our solution will benefit STL, we are certain, stated Amit Bansal, CEO of Hygenco India.