Green hydrogen is stepping into the global spotlight—and fast. The global green hydrogen market, valued at USD 12.31 billion in 2025, is expected to surge to USD 199.22 billion by 2034 at a massive 41.46% CAGR. Falling renewable costs, rapid technology upgrades, and urgent decarbonisation needs are driving this rise. Hard-to-abate sectors like steel, shipping, and aviation are increasingly turning to hydrogen.
India aims to become a global hydrogen hub under the National Green Hydrogen Mission, targeting 5 MMTPA production by 2030 supported by over ₹8 lakh crore in investments.
Key highlights:
125 GW renewable energy capacity dedicated to hydrogen.
Green Hydrogen Certification Scheme for credible carbon-intensity standards.
Increased R&D support and deeper global partnerships.
A strong push under the Atmanirbhar Bharat vision.
Turning to Goodluck Green Energy journey, here are significant updates:
Their green hydrogen facility in Kachchh, Gujarat is likely to be operational-ready for trial production by Q4 FY 2025-26.
This innovative waste-to-hydrogen project simultaneously supports sustainable waste management and zero-carbon energy production.
It positions them as a pioneer in the circular economy-driven hydrogen space, strengthening our footprint in India’s rapidly expanding green hydrogen ecosystem.
At COP30 in Belém, Brazil (Nov 2025), green hydrogen gained strong global backing. Over 20 nations, including India, signed the Belém 4X Initiative, committing to quadruple sustainable fuel usage—biofuels, biogas, hydrogen—by 2035.
What it means:
Focused climate action on high-emission sectors.
Strong emphasis on energy efficiency and electrification.
Helps tackle renewable intermittency through long-duration storage.
Improves energy security by reducing fossil fuel imports.
Drives deep decarbonisation in sectors where electrification alone falls short..
Global commitments, national policies, and corporate innovation are accelerating green hydrogen’s rise. With projects like Goodluck Green Energy’s facility moving toward commissioning, India is set to strengthen its presence in the global hydrogen landscape.
