InSolare Energy Ltd (IEL), a renewable energy and net zero solutions provider in India, has entered into a technology transfer partnership and strategic collaboration with Versogen Inc., a global innovator and US based pioneer in anion exchange membrane (AEM) technology, to jointly develop and commercialise advanced AEM stack and electrolyser solutions for the Indian green hydrogen ecosystem.
The collaboration marks an important milestone in InSolare’s long-term roadmap to expand into emerging clean energy technologies and support India’s transition towards low-carbon and sustainable energy systems.
InSolare Energy will license Versogen’s stack intellectual property, know-how, source key materials and design expertise for stack development in India, while Versogen will provide its advanced technology, technical expertise, and specialised materials to drive the project forward, together accelerating the development of high-performance AEM stacks and electrolysers, strengthening India’s green hydrogen ecosystem.
Purpose of the collaboration
The agreement focuses on accelerating the AEM stack development, aimed at creating high-performance electrolysers tailored for the Indian market. This collaboration leverages Versogen’s AEM stack technology, combined with InSolare’s execution strength and market presence, to enable cost-effective, large scale green hydrogen production.
InSolare Energy plans to establish a 250 - 300 MW manufacturing facility in India, scalable up to 1 GW focused on AEM electrolysers, leveraging advanced technologies to meet domestic demand as well as cater to select international markets.
The proposed agreement is aligned with InSolare’s strategic vision to strengthen its presence across the green hydrogen value chain and supports Versogen’s objective of expanding its cutting-edge AEM technology beyond the US market.
Alignment with India’s National Green Hydrogen Mission (NGHM) targets
The collaboration is closely aligned with the objectives of India’s National Green Hydrogen Mission, which aims to establish the country as a global hub for green hydrogen production, utilisation, and export. By strengthening domestic electrolyser manufacturing capacity and deploying advanced AEM technology, this partnership will directly contribute to:
- Reducing the cost of green hydrogen and its derivatives.
- Developing indigenous cutting-edge stack and electrolyser technology.
- Supporting the government’s target of 5 million tpy of green hydrogen production by 2030.
- Enhancing India’s self-reliance in critical clean energy technologies under the ‘Make in India’ initiative.
Significance of the partnership
This partnership is set to play a pivotal role in India’s energy transition. By combining Versogen’s AEM technology with InSolare’s strong foothold in the Indian clean energy market, this collaboration supports the ambition of India’s National Green Hydrogen Mission (NGHM) to decarbonise industry, foster innovation, and build a robust domestic electrolyser manufacturing ecosystem.
Dr Hemanshu Bhatt, Founder and Director of InSolare Energy, said: “This collaboration with Versogen represents a strategic step in our journey towards future-ready clean energy solutions. By integrating Versogen’s world-class AEM technology with our manufacturing and project expertise, we are accelerating the adoption of cost-effective green hydrogen solutions that directly support India’s National Green Hydrogen Mission. This partnership allows us to prepare for the next phase of the energy transition in a structured and responsible manner.”
Dr Yushan Yan, CEO of Versogen, added: “India is one of the most dynamic markets for clean energy and a significant opportunity for the development of scalable green hydrogen solutions. Through this partnership with InSolare, we are bringing our patented PiperION® AEM technology to enable scalable, efficient, and affordable hydrogen production that will play a vital role in decarbonizing hard-to-abate sectors and meeting global climate goals.”