Ohmium's Expansion Plans in India to Boost Green Hydrogen Production
Key Ideas
- Ohmium, a US-based electrolyser manufacturer, is strategically expanding in India, especially in the southern states, aiming to be a key player in green hydrogen and e-fuel production.
- With a global target of 5 GW capacity by 2030, Ohmium sees India as a crucial market for clean energy, with collaborations in the pipeline with Indian companies like NTPC and Hero Future Energies.
- The company foresees abundant opportunities in the Asia-Pacific region and Europe for partnerships due to the rising demand for ammonia and e-fuels, driving its focus on research, development, and potential fundraising for scaling up operations.
- Ohmium's projects in India include both refinery and ammonia plant developments, reflecting its commitment to contributing to India's clean energy revolution.
Ohmium, a US-based electrolyser manufacturer, is actively expanding its operations in India, with a particular emphasis on the southern states. The company aims to play a significant role in the production of green hydrogen and e-fuels in the country, aligning with its global target of achieving 5 GW capacity by 2030. By positioning India as a key hub for clean energy, Ohmium is engaging in collaborations with local companies such as NTPC and Hero Future Energies, with further partnerships expected in the Asia-Pacific region and Europe. To support its growth ambitions, the company is focusing on research and development efforts and is considering raising additional funds to enhance its manufacturing, R&D, and sales capabilities. Currently, Ohmium has refinery and ammonia plant projects in progress in India, highlighting its dedication to advancing the country's clean energy initiatives.
Topics
Europe
Renewable Energy
Manufacturing
Project Development
Collaborations
R&D
Capacity Expansion
Sales
Clean Energy Revolution
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