Greenko Group and John Cockerill to develop electrolyser Gigafactory in India
The partnership will strengthen India’s green hydrogen ambitions through a wider renewable energy program.
Greenko ZeroC and John Cockerill have signed an agreement to produce green hydrogen electrolysers in the Indian sub-continent.
GZC is a subsidiary of Greenko Group, which is a leading Indian cleantech company and John Cockerill is a world-leading designer and manufacturer of high-capacity alkaline electrolysers in Belgium.
The two companies will build a hydrogen electrolyser Gigafactory targeting capacity of two gigawatts which will substitute 8% of India’s LNG imports.
GZC and John Cockerill will combine their strengths to collaborate in all spheres of market development for green hydrogen electrolysers, which convert clean energy into carbon-free hydrogen.
Pressurised alkaline technology provided by John Cockerill is well adapted to large scale hydrogen applications and, combined with Greenko’s low-cost RE-RTC (round the clock) solutions, will enable the lowest Levelized Cost of Hydrogen (LCOH) necessary for the implementation of a large H2 ecosystem on the Indian subcontinent.
The Gigafactory will comprise the full manufacturing electrolyser value chain, including state of the art nickel coating and will produce electrolysers delivering H2 at 30 bars at the outlet at the highest purity level.
This partnership will facilitate the production of the lowest cost green hydrogen by enabling delivery of electrolysers at scale in India within the next few years, supporting faster adoption of a green molecule-related ecosystem in the country.
These developments in the H2 industry will help large local industries (such as refineries, fertiliser plants, steel), the implementation of a large-scale energy ecosystem focused on renewable energies (PV, wind, hydro) and the development of H2 mobility in India.
Mr Anil Chalamalasetty, Greenko’s CEO & MD, said, “This partnership will not only help curtail India’s energy imports; it will also facilitate a turnaround to enable energy exports.”
Mr Raphael Tilot, John Cockerill Renewables’ CEO, commented, “India and neighbouring countries have abundant natural resources, a large domestic market and the potential to cater to the growth of this market regionally and globally.”