Oriana Power to Construct Gigawatt-Scale Factory for Alkaline Electrolysers and BOP Modules
Renewable energy firm Oriana Power Ltd has announced its plans to build a gigawatt-scale factory for the production of alkaline electrolysers and Balance of Plant (BOP) modules. The facility, which will be developed in two phases, aims to have an initial capacity of 500 megawatts (MW) for electrolyser production, with operations slated to begin in 2026.
Collaborating with Splitwaters, a US-based provider of alkaline electrolyser and BOP equipment, Oriana Power seeks to advance its green hydrogen and e-fuels projects, including green ammonia, e-methanol, and green methanol. The company has not yet disclosed the financial details related to the project.
Access to Cutting-Edge Electrolysis Technology
This partnership with Splitwaters will enable Oriana Power to acquire state-of-the-art electrolysis technology, empowering them to produce hydrogen from renewable energy sources more efficiently. Additionally, the BOP systems provided by Splitwaters will play a vital role in managing essential functions such as water supply, gas separation, and purification.
Advantages of the Collaboration
Anirudh Saraswat, Chief Business Officer of Oriana Power, shared optimism about the benefits of this collaboration. He stated, “The green hydrogen market faces challenges like high initial costs and long execution times, but Splitwaters’ modular technology and one-stop-shop model effectively address these issues. Our collaboration will enable us to produce clean energy carriers at scale and at a cost up to 30% lower than competing methods.”
Expanding Green Hydrogen Projects in the UK and Europe
Apart from their ambitious project, Oriana Power is also actively pursuing green hydrogen and e-fuel initiatives in the United Kingdom and Europe alongside Splitwaters. Saraswat expects that this endeavor will begin contributing to the company’s revenues during the next financial year, ultimately becoming a significant revenue stream by FY2027.