Danish company, Umwelt Energy, to invest $850 m in green hydrogen and methanol plant in Tamil Nadu

Umwelt Energy, a Denmark-based company, has decided to invest $850 million in the southern Indian state of Tamil Nadu to build an integrated complex that would include 500 MW of wind-solar hybrid power plants, a green hydrogen facility and a methanol plant.

The proposed green methanol plant would be capable of producing 100,000 tons per year of the chemical, by combining the green hydrogen from the electrolysers and combining it with biogenic carbon dioxide. 

Quoting the company's CEO, Alexander Eriksen, Business Line has reported that the company would need 2,000 acres of land. It is learnt that the company has ensured availability of the lands, in the Tuticorin district, which has a port of international standards.The paper says that Eriksen and Vutukuri were in Chennai as part of an energy delegation that visited the IIT Madras Research Park here, along with His Royal Highness, Federik, the Crown Prince of Denmark on Wednesday. The delegation also took part in a conference on  ‘next generation fuels’. 

“Our project platforms integrate renewable power generation, electrolysis plants for green hydrogen, and eFuel synthesis plants for methanol, ammonia, kerosine and gasoline,” says the company’s website. Off-takers for our eFuel products will include maritime and aviation customers, while heavy industry players can abate their CO2 emissions using the green hydrogen we produce, it says.