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Splitwaters and Oriana Power join forces to revolutionize green H2 development in India

U.S.-based Splitwaters, a leading provider of cutting-edge electrolyzers and Balance of Plant (BoP) equipment for green H2 production, and India-based Oriana Power, a prominent player in the renewable energy sector, have signed an agreement to join forces in developing green H2 and eFuels (green ammonia, eMethanol and green methanol) facilities in India.

Under this strategic alliance, Oriana Power will lead the business development and project execution in the Indian market and provide the electrolyzer and all other equipment required for green H2 projects, along with engineering, procurement and construction (EPC) services to clients in India. The alkaline electrolyzer and other equipment will be based on Splitwaters' innovative technology and modular approach. This one-stop-shop solution aims to reduce the capital expenditure (CAPEX) of green H2 and eFuel projects by up to 30%, making these sustainable energy solutions more efficient and affordable.

Oriana Power will also support Splitwaters' green H2 and eFuel projects outside India by leveraging its capabilities and market reach to propel the industry forward. Initially, Splitwaters will supply electrolyzers and BoP equipment from the U.S. while these two companies are working on setting up an electrolyzer and BoP modules factory in India.

Oriana Power is also planning to establish a working demonstration green H2 production unit in India, allowing developers, investors, and industry stakeholders to witness the equipment, workmanship, and the green H2 production process firsthand.

This collaboration between Splitwaters and Oriana Power holds great promise for the green H2 and eFuels industry. The excitement surrounding this team-up is palpable and by combining their expertise and innovative technologies, these two companies are poised to drive the green H2 revolution in India, paving the way for a cleaner, more efficient, and more affordable energy future.

Anirudh Saraswat, Chief Business Officer of Oriana Power, expressed his enthusiasm for the partnership, said, "We believe in Splitwaters' technology and modular containerized one-stop-shop solution, and we are excited to work together to offer a significant reduction in CAPEX for green H2 and eFuels facilities. This will help our clients reach their final investment decision (FID) quickly and produce green H2 at highly competitive prices. We are thrilled about utilizing Splitwaters' high-efficiency alkaline electrolyzer, which has a longer stack life and dynamic response to renewable energy fluctuations. This is a significant development for Oriana Power, and we are eager to take the green H2 sector in India to new heights."