Ohmium International Inc.
07/19/2024 | Press release | Distributed by Public on 07/19/2024 04:20
Ohmium Launches Newest PEM Electrolyzer Gigafactory
Located just outside of Bengaluru, the 2GW factory, expandable to 4GW, will produce hyper modular PEM electrolyzers to meet the growing demand for green hydrogen from customers in India and around the world.
NEWARK, CALIFORNIA AND BENGALURU, INDIA, JULY 19, 2024 - Ohmium International ("Ohmium"), a leading green hydrogen company that designs, manufactures, and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, has announced the official launch of its new gigafactory in Doddaballapura, just outside of Bengaluru, India. Covering close to 14,000 square meters of production space, the state-of-the-art manufacturing facility is ramping up to ship 2 gigawatts (GW) of fully assembled and tested electrolyzer systems to meet the demands of Ohmium's global project pipeline.
"The ribbon cutting at our new gigafactory marks a major milestone for Ohmium and enables us to deliver green hydrogen solutions to our growing pipeline of customers across India and around the world," said Arne Ballantine, Ohmium CEO. "2GW of electrolyzers can abate four million tons of CO2 per year - equivalent to the CO2 captured by 180 million trees. And for us it's just the beginning."
The new gigafactory is Ohmium's second manufacturing facility in India, and its first to bring together key manufacturing, assembly, quality assurance, testing, warehouse and shipping facilities under one roof.
"Ohmium's unique hyper modular PEM electrolyzers are designed for mass production and easy assembly," explained Ashwin Varma, Ohmium COO. "By implementing the best practices of standardized, high quality and efficient manufacturing, we can build systems that achieve superior performance at a very competitive cost. With this standardized approach, our factory production can scale up quickly to meet growing demand, with additional cost savings as capacity expands."
The new gigafactory represents a major USD investment in local real estate, equipment and talent and is part of Ohmium's consistent and growing track record of PEM electrolyzer leadership in India - including Ohmium's historic 400 megawatt (MW) deal with NTPC in 2023, its strategic partnership with Tata Projects in 2024, and its selection for the Ministry of Renewable Energy's first round of Strategic Interventions for Green Hydrogen Transition (SIGHT) Incentives.
Ohmium's research engagements with India's CSIR-Central Electrochemical Research Institute (CSIR-CECRI) and IIT Madras Research Park (IITMRP) enable the rapid transfer of innovation into production to meet the growing demand for green hydrogen projects in India and around the world.
For more information about Ohmium and the new gigafactory, visit www.ohmium.com/manufacturing/gigafactory.
Ohmium International
Karina Alexanyan, VP Marketing
About Ohmium:
Ohmium designs, manufactures and deploys hyper modular, scalable proton exchange membrane (PEM) electrolyzers that enable cost-competitive green hydrogen production. The company's suite of electrochemical products helps customers achieve their sustainable energy goals for industrial, transportation, and energy projects. Headquartered in the United States, with manufacturing facilities in India and operations worldwide, Ohmium has a global green hydrogen project pipeline of more than 2 GW across three continents. In 2023, Ohmium raised $250 Million in Series C financing, led by TPG Rise Climate.
Ohmium's Proton Exchange Membrane (PEM) Electrolyzers
Ohmium manufactures modular interlocking PEM electrolyzers that integrate advanced power electronics, delivering added value for a wide range of commercial and industrial applications in terms of safety, installation cost and speed, energy density, scalability, and ramp rate. Individual, compact electrolyzers can be easily stacked to significantly reduce installation and maintenance costs and the standardized design enables rapid scaling from megawatts to gigawatts. Ohmium's patented electrolyzer technology features dynamic ramping capabilities, optimal for pairing with renewable electricity. For more information, please visit www.ohmium.com