Hero Future Energies and Ohmium International revealed plans to partner to develop and build 1000 MW of green hydrogen production facilities in India, the UK and Europe.
Ohmium will be responsible for the design, construction, and operations and maintenance of the hydrogen production facilities. Hero Future Energies will build, own and operate the facilities, generating green energy to power the production facilities and assuming overall ownership of the assets.
"This partnership will give a strong push to the development of a robust green hydrogen ecosystem. As countries and businesses strive to achieve their net zero goals, green hydrogen
can be a potential game changer, particularly when it comes to decarbonization in hard-to-abate sectors such as the mobility sector," said Srivatsan Iyer, Global CEO, Hero Future Energies. "This is a forward-looking partnership which is perfectly aligned with HFE’s vision as an integrated energy transition solutions provider. It will enable us to expand our international footprint as we penetrate new markets."
India’s National Hydrogen Mission firmly positions the country as a global leader in the large-scale production and export of green hydrogen. India’s demand for hydrogen is estimated to increase 5-fold and reach nearly 28 MMtpy by 2050.