Splitwaters, a US-based company specializing in electrolyzers and BOP (Balance of Plant) equipment for green hydrogen production, and Oriana Power, a major player in India’s renewable energy sector, announce a strategic partnership.
This alliance aims to reduce CAPEX costs by up to 30%, making sustainable energy solutions more affordable and efficient.
Technology and Expertise for Green Hydrogen
Oriana Power is responsible for the business development and execution of the projects in India, supplying the electrolysers and other necessary equipment, as well as EPC (engineering, procurement and construction) services.
Splitwaters’ modular technology, renowned for its efficiency, will be used in these projects to offer customers a complete, cost-effective solution.
In addition, Oriana Power will support Splitwaters’ projects outside India, leveraging its capabilities and reach to propel the global industry.
Initially, Splitwaters will supply electrolysers and BOP equipment from the USA, while collaborating to establish a module factory in India.
Demonstration and Cost Reduction Unit
Oriana Power is also planning to set up a green hydrogen production unit in India, enabling developers, investors and stakeholders to see first-hand the process and quality of production.
This initiative should boost confidence in these new technologies and encourage the adoption of green hydrogen solutions. Anirudh Saraswat, Chief Business Officer of Oriana Power, expresses his confidence in Splitwaters’ technology and their modular solution, underlining the ability of this collaboration to reduce the cost of green hydrogen production.
This alliance marks an important milestone for Oriana Power and Splitwaters. hydrogen industry in India.
Optimism and future prospects
Deepak Bawa, CEO of Splitwaters, shares his optimism about the collaboration, highlighting Oriana Power’s local expertise and Splitwaters’ innovative modular solution.
By reducing on-site construction to less than 20%, the modular approach enables effective control of lead times and budgets, offering ready-to-use modules that minimize risk for customers and investors.
Together, Splitwaters and Oriana Power are determined to make significant inroads into India’s green hydrogen market.
By combining their strengths, these companies aim to become game-changers in this sector, paving the way for a cleaner, more efficient energy future.
