Ohmium's Expansion in India for PEM Electrolysers: A Cost-Competitive Strategy
Key Ideas
  • Ohmium plans to increase its manufacturing capacity in India, aiming to reach 2GW per year by 2025, capitalizing on the country's manufacturing advantages and growing renewable hydrogen market.
  • The company's focus on cost competitiveness has led to a total installed solution cost of $1,200/kW or less, making it comparable to alkaline electrolysers and maintaining a competitive edge.
  • Ohmium's PEM technology is highlighted for its efficiency and ability to couple directly with renewables, offering higher purity hydrogen output compared to alkaline technology and reduced purification costs.
  • The company's strategy includes vertical integration to address supply chain constraints for materials like precious metals and membranes, ensuring scalability and self-sufficiency in production.
US-based electrolyser maker Ohmium is expanding its manufacturing capacity in India to leverage the country's advantages in manufacturing costs and access to a growing market for renewable hydrogen. The company plans to reach a capacity of 2GW per year by 2025, with a gradual increase leading to 500MW per quarter by the end of 2025. Ohmium's focus on cost competitiveness has allowed it to offer a total installed solution cost of $1,200/kW or less, positioning it as a strong competitor to alkaline electrolysers. The CEO, Arne Ballantine, emphasized the efficiency and scalability of Ohmium's PEM technology, highlighting its ability to couple directly with renewables and produce high-purity hydrogen output, reducing the need for costly purification steps. The company's vertical integration strategy addresses supply chain constraints for materials like precious metals and membranes. Ohmium has already established a presence in the US, India, Europe, and the Middle East, with plans to expand to markets in Australia and South America. Despite challenges with scarce materials, such as iridium, Ohmium is well-prepared with its vertically integrated approach, ensuring scalability in production. The company's positive sentiment and strategic vision position it for further growth and success in the global hydrogen market.
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