The International Renewable Energy Agency (IRENA) has signed a partnership agreement with German company thyssenkrupp to advance green transformation through green hydrogen solutions.
As informed, the partners signed the agreement in pursuit of global development and Paris Agreement goals.
Under the agreement, both organisations will work together and share knowledge on the large-scale production and supply of green hydrogen and other green energy carriers and their transport
This includes the entire hydrogen value chain in demand, supply and infrastructure.
“Renewables-based hydrogen is a critical pillar to decarbonise our economies, meet climate goals and secure energy supplies. Today’s agreement between IRENA and thyssenkrupp will significantly increase knowledge exchange and enable technological solutions to accelerate the production, delivery and use of green hydrogen,” IRENA’s Director-General Francesco La Camera said.
“…we are very pleased to start working with IRENA to speed up the green transformation worldwide. Such partnerships are essential to make the green transformation a success. Because the green transformation is the greatest challenge of our time – more of a disruption than just a transformation. And the tasks can only succeed in a global alliance,” Martina Merz , CEO thyssenkrupp said.
Furthermore, the scope of the collaboration includes identifying green hydrogen applications based on different industries and potential domestic hydrogen demand and developing the business case for green hydrogen as a major contributor to deep decarbonization.
With a focus on driving green solutions further, both sides will also engage with a broad range of stakeholders within IRENA’s Collaborative Framework on Green Hydrogen, Coalition for Action and the Alliance for Industry Decarbonization.
IRENA has recently called for greater international collaboration to rapidly make more clean technologies. In addition to delivering urgent emissions reductions, stronger collaboration will deliver both faster and cheaper transition, while boosting jobs growth. Research from the IEA shows that without international collaboration, the transition to net-zero global emissions could be delayed by decades.