Horizon Fuel Cell Group announced plans last week (September 10) to build an electrolyser assembly gigafactory in India, under a new joint venture with Indify Fuel Cell.
The Singaporean firm’s electrolysis subsidiary HET Hydrogen, led by the former boss of US hydrogen truck manufacturer Hyzon, with Indify, intends to bring the site online in 2026 with capacity for at least 100MW per year.
With PEM electrolysis technology already in its arsenal, HET said it is preparing to launch a megawatt-scale AEM solution.
Speaking exclusively to H2 View, HET’s co-founder Craig Knight said, “The goal is to set up large-scale AEM electrolyser production within the next few years.
“So, we would be able to start production in the first half of 2026, this is our expectation for some initial system assemblies.”
H2 View understands that HET and Indify will confirm the Indian location for the facility in the coming months.
Commenting on the gigafactory, Knight added, “We will validate PEM electrolysis first in terms of localisation. Our electrolyser platforms are developed as a platform that is flexible between the two different stacks.
“There are some changes required outside of the stack, but all of the water purification, power conditioning controls, and much of the gas processing, is common to PEM-based and AEM-based technology.”
Last year, the Indian Hydrogen Alliance (IH2A) estimated the market for Indian-manufactured hydrogen equipment could reach $50bn by 2030 – with 34% set to belong to electrolyser stacks.
Read more: India’s hydrogen equipment market could reach $50bn by 2030, says IH2A
HET co-founder Knight in 2023 agreed to return $250,000 of compensation to his former employer Hyzon, after the truck firm was hit by a $25m US Securities and Exchange Commission (SEC) penalty, to resolve allegations that the company mislead investors with false statements about the sales volumes of Hyzon’s hydrogen trucks.
Read more:Hyzon agrees on $25m penalty to resolve SEC investigation
Neither Hyzon, Knight or former chief financial officer, Mark Gordon, admitted or denied the SEC’s allegations.
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