Singapore-based hydrogen company Horizon Fuel Cell Group is setting up a 1 GW electrolyzer factory in India in a joint venture with Indify Fuel Cell.

HET Hydrogen, an electrolyzer subsidiary of Horizon Fuel Cell Group, will establish assembly facilities capable of turning out GW capacities of electrolyzers in two phases.

The company plans to assemble at least 100 MW annually in the initial phase. The unit is expected to be operational by early 2026.

HET has commercialized MW-scale Proton Exchange Membrane (PEM) electrolyzers and is preparing to launch MW-scale AEM electrolyzers based on proprietary membrane and stack technology. The technology provides target capital costs around the level of traditional alkaline systems and operating costs substantially lower than PEM systems.

The company has identified several potential locations and will confirm the sites in the coming months.

Indify expects to operationalize its first 1 MW HET electrolyzer in India around March 2025, ready for customer demonstration, local performance, and technical validation. It aims to increase the Indian content in future systems to deliver the lowest possible levelized cost of green hydrogen.

The company plans to invest in green steel, fertilizer, chemicals, sustainable fuels, and zero-emission heavy fuels to leverage some of the world’s lowest-cost green hydrogen in India’s future decarbonized economy.

In August 2024, the Solar Energy Corporation of India invited proposals to identify an executing agency to set up green hydrogen hubs under the National Green Hydrogen Mission.

The Ministry of New and Renewable Energy issued guidelines for incentive disbursement for up to 450,000 metric tons per annum of green hydrogen production under Component II of the Strategic Interventions for Green Hydrogen Transition  program.