Oriana Power's Move towards Green Energy in India
Key Ideas
  • Oriana Power announced plans to build a gigawatt-scale factory in India to manufacture alkaline electrolyzers, aiding in the nation's transition to clean energy.
  • The project aims to reduce India's reliance on imports of renewable energy technology, with an investment of $25–$35 million in the factory.
  • The factory will be operational in two stages, starting with a 500-MW annual capacity for electrolyzer output in 2026, addressing challenges in the green hydrogen market.
  • The collaboration with Splitwaters, a US-based supplier, will facilitate the establishment of the factory and offer modular technology to overcome capital costs and execution timelines.
Oriana Power, a commercial and industrial solar company, has announced the construction of a gigawatt-scale factory in India to produce alkaline electrolyzers and Balance of Plant (BOP) modules. This move is part of their initiative to aid India in transitioning to clean energy and reduce its dependence on imports by boosting domestic manufacturing of crucial renewable energy technology. The company plans to invest between $25–$35 million in the factory, which will play a significant role in the nation's green energy infrastructure. Alkaline electrolyzers are devices that use electrolysis to generate hydrogen gas by splitting water into hydrogen and oxygen through an electric current. The factory will be operational in two phases, with the first phase set to begin in 2026 and have a 500-MW annual electrolyzer output capacity. India's current reliance on imports for alkaline electrolyzers will be lessened through this project. Oriana Power is working with Splitwaters, a US-based supplier, to establish the factory, with the aim of addressing challenges in the green hydrogen market. Anirudh Saraswat, Chief Business Officer of Oriana Power, highlighted the importance of overcoming high capital costs and lengthy timelines in the green hydrogen sector, noting that Splitwaters' modular technology is poised to tackle these issues effectively.
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