GreenH Electrolysis, a joint venture between H2B2 Electrolysis Technologies of Spain and GR Group from India, has revealed its plans to establish a cutting-edge PEM electrolyser manufacturing facility in India. The 1 GW plant will be situated in the Reliance MET Industrial Park, Jhajjar District, Haryana, with the first phase utilizing a 97,000 sq.ft. area. Installation of the plant is currently underway, and operations are expected to commence by October this year.
Dhiman Roy, Director, and CEO of GreenH Electrolysis expressed enthusiasm about the project and stated, “We are thrilled to announce our first manufacturing plant in India, which will be equipped with the advanced technology from our Spanish parent company, H2B2 Electrolysis Technologies. Coupled with the project development and EPC expertise of our Indian parent company, GR Group, a prominent player in India’s infrastructure sector, we aim to deliver cutting-edge green hydrogen technology electrolysers to our Indian customers.”
The manufacturing plant will have an initial capacity of 100 MW, and the company has plans to swiftly scale it up to 500 MW within the next two years on the same premises. For Phase 2, additional land will be procured to expand the capacity to 1 GW.
Anselmo Andrade, CEO of H2B2 Electrolysis Technologies, expressed excitement about being part of India’s green hydrogen growth journey. The company believes that with its technological expertise and the support of GR Promoter Group, GreenH will be well-equipped to meet the potential demand for green hydrogen in the country.
Ashwin Agarwal, Director of GR Promoter Group, emphasized the critical role of green hydrogen in India’s efforts to achieve its net-zero target by 2047. The state-of-the-art facility will cater to the demand for electrolysers, particularly from the commercial and industrial sectors, and enhance India’s hydrogen production capabilities.
The “Make in India” initiative and the Indian Government’s Green Hydrogen Mission are at the heart of GreenH’s long-term commitment. Backed by H2B2 and GR Group’s experience, the company is ready to address potential demand and expand its operations as the market grows.
The green hydrogen market in India holds immense potential for rapid growth, with hydrogen demand projected to increase fourfold by 2050. Key industries like the steel sector and heavy-duty transportation are expected to drive 52% of this demand. The ‘National Hydrogen Mission’ aligns with India’s efforts to meet climate targets and establish the nation as a green hydrogen hub.
As India aims to reduce its energy import expenses, which currently amount to over $160 billion annually, the establishment of the GreenH Electrolysis manufacturing plant is a significant stride towards a sustainable future.