India’s clean energy sector is growing-focus on green hydrogen and green ammonia

India’s clean energy sector is growing. Malaysian energy giant PETRONAS, Singapore sovereign wealth fund GIC and founders of Greenko Group Energy Holdings are reportedly investing $2 billion in AM Green Group, a platform established for green molecules, including Green Hydrogen (GH2) and Green Ammonia. Ammonia is used for manufacturing nitrogenous fertilisers, and the green ammonia production process is 100% renewable and carbon-free. Once concluded, the deal will be the largest FDI to date in this sector as India moves towards decarbonising its economy.