ZFI and Waaree Clean Energy sign electrolyser agreement

Under the terms of this innovative agreement, Waaree Clean Energy Solutions Private Limited will design, engineer, supply, install, commission, own, and operate a 2.5 MW alkaline electrolyser system to be manufactured at its Dungri plant in Gujarat and supply hydrogen and oxygen to ZFI for its expansion in UP. under a long-term contract of 15 years. This project aims to produce ~41 lac Nm³ of green hydrogen and ~20 lac Nm³ of green oxygen annually, primarily for ZFI’s existing customers across mentha oil, chemical, steel, and pharma industries helping them with an economical (cost neutral as the case may be) transition from existing grey hydrogen to green hydrogen, thereby contributing uniquely to India’s net zero movement.

Key Deal Highlights:

• Technology: alkaline electrolyser stacks for continuous operations.
• Capacity: 500 m³/hr, with potential for expansion to 10 000 m³/hr across multiple locations over next five years.
• Application: renewable-powered green hydrogen production for decarbonisation of process industry and in-land transport such as road/rail/water etc.
• Timeline for 1st Project: a fast-track project with timelines of just ~7 months, probably fastest across globe, with delivery of stack scheduled in second quarter of FY 2026-27, and commercial operation expected by third quarter of FY 2026-27.

"This EAAS agreement with ZFI represents an excellent opportunity for Waaree to demonstrate not only its advanced alkaline electrolyser technology but also its strong operations and maintenance capabilities/skill sets, which is crucial to meet the rapidly growing demand for green hydrogen through a solution which is quick to implement in a decentralised manner, reliable, and energy efficient to operate " said Anuj Sharma, CEO of Hydrogen business at Waaree.

"ZFI is committed to oAer reliable, economical, sustainable green hydrogen solutions to its industrial clientele helping their energy transition initiatives, thereby fostering net zero eventualities. This collaboration allows us to set up multiple decentralised green hydrogen plants having cumulative capacity of ~10 000 m³/hr in a quickest possible manner thereby contributing abetment of ~70 000 tpy of carbon upon its successful commissioning, equivalent to planting ~400 000 trees" added Anurag Agarwal, Director at ZFI.

“EAAS is a sign of a maturing green hydrogen market not only in India but also across globe. In a sense, it is a unique and win-win oAering benefiting both the stakeholders viz getting technically & financially responsible partner for green hydrogen developers and steady state electrolyser pipeline resulting into predictable revenue for electrolyser manufacturers in the long run” said HydrogenWala aka Mr Shardul Kulkarni, MD & CEO, Deesha Power Solutions and also a Board Advisor to ZFI who conceptualised, structured terms of reference, developed risk-sharing principles and facilitated execution of novel EAAS agreement.

The project is supported by Uttar Pradesh New & Renewable Development Agency (UPNEDA) under its Green Hydrogen Policy 2024 and aligns with 5 million tpy green hydrogen production target as envisaged under India’s National Green Hydrogen Mission.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/25022026/zfi-and-waaree-clean-energy-sign-electrolyser-agreement/