US-India Partnership to Drive Green Hydrogen Revolution in India
Key Ideas
- Splitwaters and Oriana Power have formed a strategic alliance to develop green hydrogen and e-Fuel facilities in India, aiming to reduce CAPEX by up to 30%.
- Oriana Power will spearhead business development in India, providing electrolyzers and equipment based on Splitwaters' technology, with plans to set up a local electrolyzer factory.
- The collaboration aims to drive the green hydrogen revolution in India by offering affordable, efficient, and sustainable energy solutions to clients and investors.
- By combining expertise and innovative technologies, the partnership between Splitwaters and Oriana Power is poised to propel the green hydrogen and e-fuels industry forward in India.
US-based Splitwaters and India-based Oriana Power have signed an agreement to collaborate on developing green hydrogen and e-Fuel facilities in India. Oriana Power will lead business development, project execution, and provide equipment for green hydrogen projects using Splitwaters' innovative technology. The partnership aims to reduce capital expenditure (CAPEX) by up to 30%, making sustainable energy solutions more affordable. Initially, electrolyzers will be supplied from the US, but plans are underway to establish a factory in India. Oriana Power also plans to set up a demonstration green hydrogen production unit in India. Both companies are enthusiastic about the partnership and the potential it holds for driving the green hydrogen revolution in India. Oriana Power's Chief Business Officer and CEO of Splitwaters expressed optimism about the collaboration and highlighted the benefits such as reduced CAPEX, efficient project execution, and confidence-building for clients and investors. The partnership is set to offer competitive prices for green hydrogen production and promote the adoption of renewable energy sources in India. This strategic alliance between Splitwaters and Oriana Power is poised to bring significant advancements to the green hydrogen and e-fuels industry in India, setting the stage for a cleaner, more efficient, and more affordable energy future.
Topics
Electrolyzer
Renewable Energy
Technology
Innovation
Sustainability
Investment
Manufacturing
Partnership
Business Development
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