Homegrown optical and digital solutions provider STL has collaborated with green hydrogen solutions company Hygenco to source green hydrogen for its manufacturing plants.
“In this long-term offtake agreement, Hygenco will build-own-operate the Green Hydrogen facility for STL for 20 years. This facility will be based on renewable energy and commissioned in the next 15-18 months,” STL said in a statement Thursday.
STL said that the project will be the “very first green hydrogen project in India’s optical industry” and boost the company’s net-zero by 2030 ambition.
In the optical fibre value chain, gases like hydrogen and oxygen are considered as hard to decarbonise areas. STL and Hygenco, through this partnership, aim at carbon abatement to the tune of nearly 30% year-over-year.
Currently, STL uses electrolysers running on conventional energy. Now, renewable energy-based electrolysers installed by Hygenco will enable STL to in-source its hydrogen requirement. Equipped with autonomous energy management and control, this system will also enable constant monitoring and real-time decision-making to ensure optimal efficiency.
“Through this collaboration with Hygenco, STL embarks on a transformative journey towards sustainability, harnessing the power of green hydrogen, an eco-friendly solution that empowers our Glass plant with clean energy,” said Ankit Agarwal, Managing Director, STL.
“Through this partnership, we will embark on a transformative journey towards sustainability, leveraging the potential of Green hydrogen to empower STL’s manufacturing plants. We are confident that our solution will create value for STL,” said Amit Bansal, CEO, Hygenco India.
