Greenstat Hydrogen India signed an agreement with the Government of Sri Lanka on 28 February

Mar 31, 2022

Greenstat, 29, March 2022

Greenstat Hydrogen India has signed an agreement with the Sri Lanka Petroleum Development Authority to collaborate on a pilot project to generate green hydrogen in Sri Lanka.

The Cabinet of Ministers of Sri Lanka decided to take its first steps towards bringing hydrogen into the renewable energy value chain at a meeting held on 31 January this year.

The government has taken a political decision against the goal of decarbonization by the year 2050. To achieve this goal, the country must gradually convert from fossil fuels to green energy production and consumption. Consequently, measures should be implemented to minimize gas emissions in industries where there is electricity, transport and thermal power utilization.

Under these circumstances, Greenstat Hydrogen India (Pvt.) Ltd., which is a subsidiary of Greenstat AS in Norway, has agreed to conduct a feasibility study on a pilot project to generate green hydrogen using a combination of liquid solar and wind. The Cabinet of Ministers has approved the proposal of the Minister of Energy Udaya Gammanpila to enter into an agreement between the Sri Lanka Petroleum Development Authority and Greenstat Hydrogen India (Pvt.) Ltd. to carry out a more detailed mapping of possibilities.

At the press conference in Sinhala, Monday 28 February, the Minister of Energy told Hon. Udaya Gammanpila “Sri Lanka is currently facing the challenges of a fossil fuel overdependence, and my ministry is expanding its mandate to include new ways of energy production and storage for transport and other sectors that exploit Sri Lanka’s huge renewable energy potential. This pilot project, for production of green hydrogen, with Greenstat, encouraged by the Norwegian government with support in education and training, promises to bring exciting new technology and job opportunities to Sri Lanka, as well as help us on the road to decarbonization”.

Regarding cooperation, Sturle H. Pedersen, Chairman of Greenstat Hydrogen India, said: “We are delighted to be a close partner with the Sri Lankan authorities, and we believe the country has great potential to not only serve its own needs. green hydrogen (emission-free energy carrier), but also become a net exporter in the future. ” It is with great pleasure and excitement that Greenstat Hydrogen India today signed the agreement with the Sri Lanka Petroleum Development Authority, on this groundbreaking collaboration. Greenstat has high expectations that the project will be a crucial instrument for Sri Lanka to establish a green hydrogen roadmap and gain experience with green hydrogen technologies.

Norwegian Ambassador to Sri Lanka H.E. Trine Jøranli Eskedal said: “I am pleased to see Norwegian companies show interest in key sectors in Sri Lanka, and I hope this study will help to highlight Sri Lanka’s potential for transition to renewable energy and renewable fuel sources.”