Denmark-based company, Umwelt Energy is investing 850 mln USD to build a fully-integrated green methanol plant in Tamil Nadu. The announcement came during a visit to IIT Madras Research Park in Chennai by the energy delegation of company officials on 1 February, 2023. A conference on ‘next generation fuels’ was also organised at the event.

The facility will comprise 500 MW of wind-solar hybrid plants which would supply electricity to an electrolyser to produce green hydrogen. The green hydrogen will then be reacted with carbon dioxide to form methanol. The plant will be equipped to produce a lakh tonne-per-year of green methanol.

The land requirement of 2,000-odd acres for the project has been fulfilled.

The company's platform seeks to integrate renewable power generation and electrolysis plants for green hydrogen. Its e-Fuel synthesis plants for methanol, ammonia, kerosene and gasoline cater to the maritime and aviation customers, and potentially those operating in the heavy industries.