American renewable energy company Ohmium has announced plans to establish a unit in Chengalpattu district, Tamil Nadu, to produce green hydrogen and manufacture electrolyzers with an investment of ₹400 crore. The initiative is expected to provide employment opportunities for approximately 500 individuals. The Memorandum of Understanding was signed with the Tamil Nadu government in the presence of Chief Minister M.K. Stalin during his visit to San Francisco, where he highlighted the significance of this investment in advancing green energy production and promoting sustainability. Ohmium, known for its activities in green hydrogen production and proton exchange membrane electrolyzer design and production, has a presence in various countries including the U.S., Mexico, Europe, and Asia. The involvement of Tamil Nadu's Industries Minister and senior officials from relevant departments underscores the state's commitment to attracting investments. Chief Minister Stalin's efforts in securing this investment align with the government's mission to drive economic growth and achieve a $1 trillion economy by 2030 through initiatives like these. The collaboration between Ohmium and Tamil Nadu signifies a crucial development in nurturing the ecosystem for green technology and fostering a sustainable future for the region.