Oriana Power to build 1-GW H2 electrolyser factory in India
Indian renewable energy company Oriana Power has partnered with US start-up Splitwaters to build an electrolyser gigafactory in India, Kallanish reports.
The facility – whose location has not been revealed – will produce both alkaline electrolysers and balance of plant (BOP) equipment, Splitwaters ceo Deepak Bawa said Wednesday.
The first phase of the factory, with a capacity of 500 megawatts, is scheduled for completion in 2026. The companies are planning a further expansion to 1 gigawatt in 2027.
Oriana Power will undertake the business development and project execution, alongside providing the electrolyser and all other equipment needed for green hydrogen projects in India. It will also provide engineering, procurement, and construction (EPC) services to clients in India. For its part, Splitwaters will provide the technology for the electrolysers and other equipment.
“This one-stop-shop solution aims to reduce the capital expenditure (capex) of green hydrogen and e-fuel projects by up to 30%, making these sustainable energy solutions more efficient and affordable,” Oriana says in a note to investors. It didn’t, however, elaborate on figures.
Initially, Splitwaters will supply electrolysers and BOP equipment from the US, while the companies work on setting up an electrolyser and BOP modules factory in India.
“We believe in Splitwaters’ technology and modular containerised one-stop-shop solution,” says Anirudh Saraswat, chief business officer of Oriana Power. “This will help our clients reach their final investment decision (FID) quickly and produce green hydrogen at highly competitive prices.”
Earlier this year, Splitwaters was contracted by Akna Energy to build a 20-MW green hydrogen plant in the US. Set to be operational in late 2025, the plant is expected to produce over 3 million kilograms/year of green hydrogen.
The Houston-headquartered company claims its electrolyser stacks can provide over 80% efficiency and respond to renewable energy fluctuations.
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