GH2 Solar Secures 105 MW Electrolyser Project to Boost India's Green Hydrogen Goals

GH2 Solar has won a project to establish a 105 MW electrolyser manufacturing capacity awarded by the Solar Energy Corporation of India. The project, subsidized by Rs 157.5 crore under the PLI scheme, aims for completion by 2030 and will support India's ambitious green hydrogen and solar energy targets.

Green energy player GH2 Solar on Thursday announced that it has secured a project to set up a 105 MW electrolyser manufacturing capacity from the Solar Energy Corporation of India.

The project will benefit from a Rs 157.5 crore subsidy under the Production Linked Incentive (PLI) scheme, the company stated.

''GH2 Solar Pvt Ltd has emerged as the successful bidder for a highly competitive tender from the Solar Energy Corporation of India (SECI), securing a monumental 105 MW electrolyser manufacturing capacity that will play a pivotal role in India's transition to a green hydrogen economy,'' the statement said.

Slated for completion by 2030, the project aims to achieve India's targets of producing 5 million metric tonne of green hydrogen annually and reaching 280 GW of installed solar capacity.

This initiative will not only enhance our technological capabilities but also generate employment opportunities, stimulate local economic growth, and contribute to developing a skilled workforce in the renewable energy sector, stated Anurag Jain, Director of GH2 Solar.

Electrolysers, crucial for manufacturing green hydrogen, play a significant role in this development.

GH2 Solar Pvt Ltd specialises in developing cutting-edge solar and green hydrogen solutions.

(With inputs from agencies.)