Stargate Hydrogen Enters Indian Market with Alkaline Electrolyser System
Key Ideas
- Stargate Hydrogen secures a significant purchase order from BGR Tech Limited in India for its alkaline electrolyser system.
- The European company will introduce its Stellar series stack in BGR Tech's first demonstration installation in Chennai, marking its entry into the Indian market.
- The agreement includes plans for potential collaboration on larger electrolyser projects and local manufacturing to meet the increasing demand for green hydrogen in India from 2024 to 2030.
Stargate Hydrogen, a European company, has achieved a milestone by receiving its first purchase order from Indian-based BGR Tech Limited for their alkaline electrolyser system. This agreement marks Stargate Hydrogen's foray into the Indian market, as they will supply a Stellar series stack for BGR Tech's inaugural demonstration installation set to take place in Chennai. The partnership extends beyond this initial order, with discussions focusing on collaborating on more extensive electrolyser initiatives and potentially engaging in local manufacturing processes. These joint efforts are aimed at meeting the escalating demands for green hydrogen projects in India expected between the years 2024 and 2030. The collaboration between Stargate Hydrogen and BGR Tech signifies a strategic alliance to address the growing need for sustainable energy solutions, particularly in the context of India's increasing focus on green technologies and renewable sources of energy.