Hygge (pronounced ‘hoo-guh’) Energy has signed an MoU with THINK Gas, a leading operator of CNG Stations in India, to set up Hygge’s “Zero Emission Electric Mobility” solution at the latter’s CNG stations.
Hygge’s software solution, which aims to maximise usage of renewable energy for the purpose of EV charging, will be installed at THINK Gas’s CNG station in Baghpat, Uttar Pradesh, followed by other locations under consideration. The app-enabled solution helps the planning and management of EV charging stations, as well as tracking of payments and carbon credits.
Prateek Saxena, CEO of Hygge Energy, said, “Hygge is developing a robust carbon trading system for renewables-based EV charging for India. If all EVs in the country are charged using renewable energy, it will open up a Rs 75,000 crore export opportunity in the carbon market only through EV charging. Add CNG to this carbon trading system, and we are looking at increasing the potential market size to Rs 100,000 crore.”
THINK Gas is strengthening their network with a mission to make CNG available to consumers, and in two years of operation, their network has expanded to over 80 CNG stations across Punjab, Madhya Pradesh, Uttar Pradesh, and Bihar. THINK Gas is serving over 30,000 customers daily and has touched a peak of 200,000 Standard Cubic Meters per Day (SCMD). Now, they are set to create an ecosystem in their newly acquired markets in Himachal Pradesh.
Sandeep Trehan, Founder and President (Marketing) at THINK Gas, stated, “Our CNG station, equipped with clean energy activities, and fitted with EV charger and Hygge’s software platform, will create a new, cleaner experience. This will further strengthen the process of building a strong clean energy ecosystem.”