Climate & Nature

Denmark launches Green Fuels Alliance India for hydrogen cooperation

ESG Broadcast Desk· 10 Jan 2024· 2 min read

Denmark announced the Green Fuels Alliance India (GFAI), backed by nine Danish companies, to advance green fuels and green hydrogen collaboration between the two nations. The initiative directly supports India's target of carbon neutrality by 2070 and creates partnership opportunities for Indian businesses, government bodies and research institutions in the green hydrogen sector.

Denmark announced the Green Fuels Alliance India (GFAI), spearheaded by the Danish Embassy and Consulate General in India, to strengthen sustainable energy collaboration and advance green fuels, particularly green hydrogen. The alliance aims to build an ecosystem connecting businesses, government entities, research institutions and financial stakeholders from both countries. Nine Danish organizations, including Maersk, Topsoe, Umwelt Energy, Mash Makes, European Sustainable Solutions, Novozymes, Danfoss, Brdr. Christensen and Hydrogen Denmark, joined as founding members. The advisory board includes the India Hydrogen Alliance, IIT Madras Energy Consortium, the Danish Energy Agency and State of Green.

The initiative directly affects Indian green hydrogen developers, energy companies, research institutions and financial stakeholders, opening collaboration channels with Danish industrial partners across the green fuels value chain. It reflects commitments under the Green Strategic Partnership signed in 2020 between India and Denmark. The timing aligns with India's goal of carbon neutrality by 2070 and Denmark's 2050 target; Denmark topped the global Climate Performance Ranking 2024. The announcement coincided with the Tamil Nadu investors summit, positioning the alliance to attract green-transition investment into India.

Indian companies, research institutions and investors in the hydrogen and green fuels space should monitor GFAI partnership opportunities and engage with founding members and advisory bodies, including the India Hydrogen Alliance and IIT Madras Energy Consortium. Entities pursuing green hydrogen projects can track how the alliance channels Danish skills and capital into India's energy transition. Stakeholders should watch for joint ventures and technology-transfer arrangements emerging under the Green Strategic Partnership framework as the alliance operationalizes its founding commitments.

Key figure — Founding Danish members: nine organizations including Maersk and Topsoe

This content is AI-assisted and reviewed by the ESG Broadcast editorial team. It is for informational purposes only and is not investment or ESG-rating advice. See our Technology & Transparency policy.

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Denmark launches Green Fuels Alliance India for hydrogen cooperation | ESG Broadcast