Hero Future Energies, Ohmium Inc join forces for 1 GW green H2 facilities in India, the UK, and Europe
Hero Future Energies (HFE) and Ohmium International have announced a strategic partnership to develop and build 1,000 MW of green hydrogen production facilities in India, the UK, and Europe.
According to the announcement, Ohmium will be responsible for the design, construction, and operations, and maintenance of the hydrogen production facilities.
Hero Future Energies will be the build-operate-own partner, generating green energy to power the production facilities and assuming complete ownership of the assets.
Srivatsan Iyer, Global CEO, Hero Future Energies, stated, "We are very pleased to partner with Ohmium. Their patented electrolyser technology enables them to design and construct hydrogen production facilities faster and more efficiently than anyone else. By coupling Ohmium's hydrogen expertise with HFE's knowledge and experience as a renewable energy developer, we will meet and perhaps even exceed our ambitious target of 1,000 MW".
Arne Ballantine, CEO, Ohmium International said, "This giga-scale effort between Hero Future Energies and Ohmium is going to advance the global green hydrogen landscape. Hero Future Energies is one of the leaders and innovators in renewable energy, with a proven track record of success. Together, we'll bring safe, secure, and cost-effective green hydrogen energy to not only India but also the world".
This partnership will give a strong push to the development of a robust green hydrogen ecosystem. As countries and businesses strive to achieve their net-zero goals, green hydrogen can be a potential game-changer, particularly when it comes to decarbonization in hard-to-abate sectors, such as the mobility sector, Iyer said.
"This is a forward-looking partnership, which is perfectly aligned with HFE's vision as an integrated energy transition solutions provider. It will enable us to expand our international footprint as we penetrate new markets," he added.