Stargate Hydrogen signed a partnership with Indian BGR Tech
Stargate Hydrogen, a pioneering company in the manufacturing of alkaline electrolyser systems for green hydrogen production, announces its strategic cooperation agreement and first purchase order with BGR Tech Limited, a leading engineering company based in Chennai, India. This marks Stargate Hydrogen’s entry into the hydrogen Indian market, the world’s third-largest economy with a projected 35% energy demand increase by 2030, India has a massive stake in securing a clean and reliable energy future.
The hydrogen Indian market presents a vast opportunity for green hydrogen production due to its size, government support through initiatives like the National Green Hydrogen Mission and PLI scheme for green hydrogen production and electrolyser manufacturing. With plans to establish significant electrolyser facilities, India is poised to be a major player in the transition to clean energy. The cooperation with BGR Tech underscores Stargate Hydrogen’s commitment to supporting this transition in the hydrogen Indian market.
Under the terms of the agreement, Stargate Hydrogen will supply a Stellar series stack intended for BGR Tech’s first demonstration installation. The agreement also includes the intent to execute many other larger electrolyser projects with options to cooperate with BGR Tech for local manufacturing in addressing the growing GH2 project needs between 2024 and 2030. Additionally, Stargate will provide comprehensive engineering support during the system definition stage and will scale up the developed solution to deliver further electrolyser stacks for subsequent installations.
“We are thrilled to partner with BGR Tech and to take this significant step into the Indian market,” said Marko Virkebau. “This collaboration is a testament to our commitment to delivering quality products, combining Stargate’s high-quality stacks with BGR Tech’s exceptional system engineering capabilities. Together, we are dedicated to providing an efficient, reliable, and competitive hydrogen production system tailored for Indian projects. India’s commitment to clean energy aligns perfectly with our mission to advance cost-competitive green hydrogen production and foster sustainable energy solutions worldwide.”
