“A green energy company” develops, owns and operates renewable energy infrastructures focused primarily on green hydrogen and also solar and wind production.
As a green energy company and a frontrunner in the ongoing transformation of global energy systems, Greenstat creates value through development of projects with best available technology, near existing infrastructure and with strong local anchoring.
The Company is rapidly scaling its hydrogen position in India, with pilot projects nearing completion ,few shovel ready projects and Feasibility studies in green hydrogen production for end-use sectors in Mobility, Marine, Industrial heating, Feed-stock, Aviation (SAF), Back-up power (Data Centres) , Off-grid solutions & Blending with Natural Gas , while also selectively maturing other projects in Sri Lanka and other Asia pacific regions.
Headquartered in New Delhi with registered office in Mumbai, Greenstat has offices in Hyderabad and Bangalore. Greenstat has a mix of highly competent teams experienced in Gas sector, Hydrogen sector, renewable energy sector & Power sector both in technology & commercial areas and project managers, all sharing the ambition of delivering a material positive GHG impact and long-term value creation for stakeholders through development of clean energy production.
With a conviction that a zero-emission society is possible to achieve using well-known technologies, the Company is set to create value for all stakeholders in the rapidly emerging multi-billion global market for green hydrogen as an enabler of decarbonisation of global energy systems at scale in coming decades.
The Parent company Greenstat was founded in 2015 by Christian Michelsen Research (now a part of NORCE) and is headquartered in Bergen (Norway), with an additional operational office in Arendal (Norway). The Company’s employees have unique qualifications and experience from developing large complex energy projects within renewables & green Hydrogen. Greenstat works closely with the knowledge sector, academia and regulatory bodies.
Greenstat has since inception developed an attractive portfolio of green energy projects under development and in production, with additional prospects in the pipeline. Once in operation, these projects are expected to provide significant cash flow over time which will be reinvested in new profitable projects.