Fully designed, engineered, and manufactured in India, the 238m3 capacity tank has already embarked on its journey to South Korea, where it will play a key role in the ongoing energy transition.
Having announced the construction of South Korea’s first hydrogen liquefaction plant in 2020, Doosan Corporation (Doosan) will utilise the tank as part of a clean energy demonstration project at the facility.
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INOXCVA flags off the largest liquid hydrogen tank ever made in India
Located at Doosan’s site at the Changwon Port in Changwon City, the plant – to begin operations in 2023 – will have a capacity of five tonnes per day, offering supplies to hydrogen charging stations nationwide for buses, trucks, and trams.
Construction of the plant was supported through an agreement with Air Liquide Engineering & Construction.
Calling it a ‘cryogenic marvel’, Siddharth Jain, Executive Director, INOX Group, commented on the achievement, saying that the delivery is ‘empowering India’s vision of becoming a green hydrogen hub.”
He added, “We are honoured to have designed, engineered an manufactured the largest liquid hydrogen tank ever made in India, and become part of a global clean energy initiative.”
“This tank, which is the first in a series of many such solutions to be manufactured at our Kandla facility, will strengthen India’s hydrogen infrastructure and support the country’s vision of becoming a green hydrogen hub.”
Widely seen as a fuel capable of meeting the environmental challenges present in the hard-to-abate transport sector, hydrogen is liquefied at a temperature of -253C, giving it a potential storage volume 800 times higher than when in its gaseous state.
Source: INOXCVA
By liquefying and storing more hydrogen, South Korea can meet the plans laid out by its Government to expand the network of hydrogen stations in the country to 1200 by 2040, supporting more than 67,000 hydrogen vehicles.
Valued at $15.83bn in 2021, the hydrogen storage tank market has steadily grown over the past year and is expected to register a revenue CAGR of 5.2% by 2030, according to a report by Emergen Research.
The report revealed that market revenue growth is primarily driven by factors such as rising demand for low emission fuels and transportation fuels, increasing consumption of oil, and rise in hydrogen demand from oil refineries due to strict regulations for cleaner fuels.
Despite the increase in demand, high prices for hydrogen production are considered a key factor expected to restrain market revenue growth.
By continuing to scale up green hydrogen production through increased investment and adoption, as seen in both India and South Korea, countries can contribute to Net Zero targets in addition to supporting the creation of a nascent clean energy industry.