Ohmium Receives Funding to Boost Green Hydrogen Production in India
Key Ideas
- Ohmium secures financial assistance under the SIGHT scheme to expand its electrolyzer manufacturing capacity to 137 MW, supporting India's green energy objectives.
- The company's success in the SIGHT program reflects its commitment to sustainability and decarbonization in India and globally, as acknowledged by the Ministry of New and Renewable Energy.
- The funding will accelerate the growth of Ohmium's Gigafactory in Bangalore and future local manufacturing facilities, contributing to India's green hydrogen targets and positioning the country as a global energy hub.
- With partnerships with industry leaders and an active green hydrogen project pipeline of over 2 GW, Ohmium is a key player in advancing green technology across multiple sectors worldwide.
Green hydrogen firm Ohmium has received financial support to establish a 137-MW electrolyzer manufacturing capacity under the SIGHT scheme, aiming to bolster India's green energy ambitions. Ohmium International was recognized for the second time as an award winner by the Ministry of New and Renewable Energy for its dedication to decarbonization and excellence in the field. The funding will drive the expansion of Ohmium's Gigafactory in Bangalore and upcoming local manufacturing sites, aligning with India's green hydrogen targets and facilitating its transformation into a prominent global energy center. Ohmium, a leader in PEM electrolyzer technology in India, has strategic collaborations with major industry players like NTPC and Tata Projects. The company's 2 GW green hydrogen project pipeline spans various sectors including energy, transportation, steel production, and heavy industry, demonstrating its commitment to sustainable practices. With its global presence and significant financing backing, Ohmium is poised to play a crucial role in advancing green technology worldwide.
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Electrolyzer
Renewable Energy
Sustainability
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Green Technology
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