As part of the collaboration, both parties have intent to launch joint working groups to assess opportunities from technical, commercial, and safety perspectives.
The tie up helps Shell’s ambition to help build a global hydrogen economy by developing the most competitive opportunities in the production, storage, transport, and delivery of hydrogen to end customers.
Ohmium’s interlocking modular PEM electrolysers provide a safer, modular, flexible, easy to install and maintain alternative to customized electrolysers.
Nitin Prasad, Chairman, Shell Group of Companies in India, said, “We have set an ambitious goal of becoming a net-zero emissions business by 2050 with a target to reduce absolute emissions by 50% by 2030. Green hydrogen has a critical role in helping the world reach zero emissions. We plan to develop integrated hydrogen hubs to serve the industry and heavy-duty transport to be a leading player in this space.”
Arne Ballantine, CEO of Ohmium International, said, “Shell has demonstrated tremendous ambition to become a net zero carbon business by 2050– we believe that green hydrogen is a critical component of that transition,” said “We look forward to working with Shell to explore all the opportunities our electrolysers enable.”
Spirare Energy will manage the Engineering, Procurement and Construction (EPC) of the project while Ohmium will provide the hydrogen electrolysers to Spirare. The project will supply up to 52 tonnes of green hydrogen annually for the power generation and energy storage application.
Shell Overseas Investment, a wholly owned subsidiary of Shell, recently completed its 100% acquisition of Solenergi Power Private and with it, the Sprng Energy group of companies from Actis Solenergi Limited (Actis).
Sprng Energy, a renewable energy platform based in Pune, develops and manages renewable energy facilities such as solar and wind farms and infrastructure assets.
The solar and wind assets Shell acquires through the deal will triple Shell’s present renewable capacity in operation and help deliver its Powering Progress strategy. An important part of Powering Progress is to develop an integrated power business.
H2 View’s Hydrogen in India – Snap Summit
With the launch of its national hydrogen strategy in recent weeks and growing interest in India’s bold ambitions to de-leverage from traditional fossil fuel-based energy, H2 View stages a Snap Summit to address the country’s path forward in hydrogen.
India plans to manufacture five million tonnes of green hydrogen per annum by 2030 and not just meet its own climate objectives but become a production and export hub for the clean fuel.
Some sources question a lack of detail over the wider ecosystem while others still point to the country’s reliance on coal power. Yet, the world’s third-largest energy consuming country is already embracing renewable energy, its solar power sector is moving forward, and data suggests coal’s hold over India’s power sector is steadily loosening. The grid is already evolving.
The question is, how can a renewable energy powerhouse fast-track to true sustainability with green hydrogen? Join H2 View and a programme of global hydrogen leaders to unlock answers and insights for the short, medium, and long-term future in India. Want to learn more? Click here.