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The UAE has made great strides in global competitiveness to become a hub for the smart, autonomous and electric vehicles industry, the third edition of Make it in the Emirates (MIITE) Forum heard.
Machinery that makes hydrogen fuel from water could become another energy technology whose production is centered in Asia.
The US government has directed unprecedented sums of money at green energy projects.
New Delhi: Eco-friendly fuels, Green Hydrogen (GH2) and green ammonia, considered as the future energy sources globally, have the potential to attract investments totaling USD 125 billion (equivalent to approximately Rs 10.43 lakh crore) in India by 2030, as per a research report by Avendus Capital.
Avendus Capital: The report titled "Green Hydrogen, the next frontier in energy transition" said the growth of green fuels will be driven by an increased focus on sustainability, commercial viability and government push towards ever expanding use of green fuels with strong regulations.