TotalEnergies is teaming up with Indian conglomerate Adani to develop a huge green hydrogen production programme for India.

The French energy major is buying a 25% stake in Adani New Industries (ANIL) from Adani Enterprises to create what the companies call the world’s biggest such clean fuel “ecosystem”.

Shell and Teco 2030 aim to have hydrogen-retrofitted tankers working from 2024
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ANIL is ready to invest $50bn over 10 years to transform the energy landscape globally and domestically.