Firms eye India gigafactory

Larsen & Toubro and Hydrogenpro sign deal to investigate electrolyser manufacture in the nation, which is expected to have growing demand for hydrogen in the future

Indian multinational Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Norwegian electrolyser manufacturer Hydrogenpro to investigate the manufacture of gigawatt-scale alkaline electrolysers in India. Hydrogenpro is already setting up a production factory in Tianjin, China as it looks to capitalise on emerging markets for green hydrogen. It is targeting a production cost for green hydrogen of $1.2/kg in 2022. “We are extremely pleased to enter this MoU with L&T, an engineering and construction powerhouse which is the perfect partner to establish Hydrogenpro in the Indian market,” says Hydrogenpro CEO Elling Nygaard. India has low solar generation costs and