US-based startup Ohmium unveils India’s first green H2 electrolyzer gigafactory
US-based renewables startup, Ohmium International has announced that it has launched India's first green hydrogen electrolyzer Gigafactory in Bengaluru, through its Indian subsidiary.
The gigafactory will manufacture India-made Proton Exchange Membrane (PEM) hydrogen electrolyzers with an early manufacturing capacity of about 500 MW per year and will scale it up to 2 GW per year.
As per the company press release, the PEM hydrogen electrolyzer is the main equipment to produce green hydrogen as it uses power generated from renewable resources to break water into hydrogen and oxygen.
"Our products are modular, high performance, and high value. This guarantees that they can be utilized to accomplish levelized costs of hydrogen which support the growth of India's economy," said Arne Ballantine, Chief Executive Officer, and Co-Founder, Ohmium.
The start-up has developed technology that can be both distributed and scaled up.
"We are strongly aligned to India's vision. By further enhancing the production of green hydrogen within India, we aim to make the nation an export hub for green fuel," said Pashupathy Gopalan, an Ohmium Investor.
The company stated that it would guarantee the availability of an end-to-end solution within the country and cut down dependency on imports for this important equipment.