Ohmium Secures Funding for Green Hydrogen Electrolyzer Manufacturing Capacity in India
Key Ideas
  • Ohmium secures financial aid for a 137-MW electrolyzer manufacturing capacity under the SIGHT scheme in India.
  • The Ministry of New and Renewable Energy (MNRE) selects Ohmium as a recipient, emphasizing the company's commitment to decarbonization.
  • The funding will accelerate Ohmium's expansion of the Gigafactory in Bangalore and support local manufacturing facilities, aligning with India's green hydrogen goals.
  • Ohmium, a leader in PEM electrolyzer technology, has an extensive green hydrogen project pipeline globally, with over 2 GW across four continents.
Ohmium, a green hydrogen firm, has secured financial aid to establish a 137-MW electrolyzer manufacturing capacity in India. The Ministry of New and Renewable Energy (MNRE) selected Ohmium under the SIGHT Incentive Program, recognizing the company's dedication to decarbonization efforts. This funding will support the expansion of Ohmium's Gigafactory in Bangalore and future local manufacturing facilities, contributing to India's ambitious green hydrogen goals. Ohmium, known for its PEM electrolyzer technology, has a significant green hydrogen project pipeline exceeding 2 GW globally, spanning various sectors like energy, transportation, steel production, and heavy industry. The company's success and growth in the green hydrogen sector underscore its position as a key player in advancing sustainable energy solutions. Ohmium's collaborations with major entities like NTPC and Tata Projects further solidify its presence in the renewable energy landscape, with operations in multiple continents. Overall, the funding and recognition received by Ohmium highlight the ongoing efforts towards building a more sustainable and greener energy future.
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