Horizon Fuel Cell to Start Electrolyser Assembly in India
Singapore-based Horizon Fuel Cell’s subsidiary, HET Hydrogen, and its JV, Indify Fuel Cell, plan to establish electrolyser assembly in India, targeting 100 MW annual production by 2026. This aligns with India’s Green Hydrogen Mission, focusing on decarbonising industries and transport.
September 11, 2024. By EI News Network
As per the firm, the initial phase aims for a production capacity of at least 100 MW per year, with operations expected to commence by early 2026.This move aligns with India's 'Green Hydrogen Mission,' which promotes the widespread adoption of sustainable hydrogen to decarbonise industries, transport, and create new export avenues. HET aims to play a pivotal role in India’s ambition to become a global leader in hydrogen utilization across various sectors.
"HET has already commercialised megawatt-scale Proton Exchange Membrane (PEM) electrolysers and plans to introduce advanced Anion Exchange Membrane (AEM) electrolysers, promising to lower capital and operational costs compared to current technologies," the firm said in its note.
The company is considering several locations in India for its manufacturing hub, with the final decision expected soon. Indify plans to have its first 1 MW HET electrolyser operational by March 2025 for customer demonstrations and technical validation, while gradually increasing local content to minimise costs in line with India's 'Make In India' initiative.
India's push for green hydrogen includes applications in green steel, fertilisers, chemicals, sustainable fuels, and zero-emission transport, utilising some of the world's lowest-cost green hydrogen to support a decarbonised economy.
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