Ohmium Secures Award in MNRE’s SIGHT Incentive Scheme Tranche II
Ohmium was awarded support for up to 137 MW of capacity for Tranche II of the SIGHT Incentive program, based on its electrolyser performance and its contribution to the local economy.
August 30, 2024. By EI News Network
Ohmium is a green hydrogen company that designs, manufactures and deploys advanced Proton Exchange Membrane (PEM) electrolysers and was the only PEM electrolyser manufacturer to receive this award.
Commenting on the development, Arne Ballantine, CEO, Ohmium said, “Our selection for this award demonstrates both the Ohmium team’s commitment to excellence as well as to decarbonisation in India and across the globe.”
This award is a continuation of Ohmium’s success in Tranche I of the SIGHT program. The tenders, implemented by the Solar Energy Corporation of India (SECI), are intended to incentivise 1.5 GW of domestic electrolyser manufacturing capacity in support of India’s sustainability goals.
“India has ambitious green hydrogen goals, and this program supports India’s evolution as a global energy hub. These funds will accelerate the expansion of Ohmium’s Gigafactory in Bengaluru as well as support future local manufacturing facilities,” noted Ballantine.
He further added, “India’s refineries and ammonia plants are looking for decarbonisation solutions. The combination of the SIGHT incentives and our hyper-modular PEM electrolyser solutions – installed outdoors and vertically stackable for minimal land use and low cost – enable us to provide a compelling solution.”
Ohmium has an active green hydrogen project pipeline of over 2 GW across four continents, serving a diverse range of customers across energy, transportation, steel production, and heavy industry.
please contact: contact@energetica-india.net.
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