KP Group Partners with South Korea Firms for Green Hydrogen

KP Group, one of India’s largest renewable energy conglomerates, signed a landmark Memorandum of Understanding (MoU) with South Korea's Jeonbuk State, South Korea's AHES Co., Ltd., and GH2 Solar Pvt. Ltd. to accelerate the expansion of the global green hydrogen (electrolyser) market. The MoU, signed in Jeonju, South Korea, establishes a collaborative framework to promote carbon neutrality, advance hydrogen-industry technology, and promote economic growth through the large-scale deployment of electrolysis-based green hydrogen solutions.

The ceremony was attended by Governor Kwan-young Kim of Jeonbuk State, AHES CEO Joong-Hee Lee, GH2 Solar's Director Anurag Jain, KPI Green Hydrogen & Ammonia's CEO, Robbi Rajasekharam, and KP Green Engineering’s Whole Time Director Moinul Kadva.

Under the MoU, Jeonbuk State will implement supportive policies and support the enhancement of the technological capabilities of electrolyser companies, while AHES will supply high-quality, efficient, and reliable alkaline electrolyser stacks, along with manufacturing expertise, technology, and long-term operational know-how.

GH2 Solar will promote Balance of Plant (BoP) manufacturing and support commissioning of electrolyser systems. KPI Green Hydrogen & Ammonia will invest in and establish large-scale green hydrogen production facilities using AHES electrolyser stacks.

Dr. Faruk G. Patel, Chairman & Managing Director of KP Group, said, "This strategic partnership signifies an important leap towards a cleaner energy future. By combining Jeonbuk's policy leadership, AHES's proven electrolyser technology, GH2 Solar's market expertise, and KP Group's proven execution capabilities, we are creating a powerful global alliance. Together, we will accelerate the transition to green hydrogen and support India's vision to become a global hub for sustainable energy."

The Jeonbuk State government views this agreement as a gateway for Korean hydrogen companies to expand internationally, enhance competitiveness, create jobs, and establish a global cooperative network in the green hydrogen sector.

The MoU marks a significant step for Surat-headquartered KP Group, which already has ~6+ GW of executed and under-development renewable energy capacity. Through KPI Green Hydrogen & Ammonia, the Group is driving large-scale electrolysis-based hydrogen and ammonia production. The company is on track to commission a green hydrogen plant by the end of this year.

The latest MoU comes just weeks after KP Group entered into a strategic partnership with AHES and GH2 Solar to establish and operate a Green Ammonia plant with a capacity of 1 lakh tonnes per annum.