French utility EDF sees opportunity in hydrogen fuel, battery storage space in India
French utility major EDF Energy is exploring business opportunities in the Indian market for electric vehicle (EV) charging infrastructure, hydrogen fuel and battery storage technologies, in line with its plans for the post-Covid-19 economy.
Technologies such as hydrogen fuel and battery storage are in mature stages in France, and the company sees great value for them in the process to decarbonise the energy sector in India.
Harmanjit Nagi, director and country head, EDF India, said they are trying to understand the specific use areas for their technologies in the EV charging infrastructure through their Pulse India programme. “We are also exploring opportunities in the hydrogen fuel market and battery storage space, such as, zinc and molten salt storage since we feel these technologies support the post-Covid-19 economy that is more decarbonised,” Nagi said.
