With over 12 years of industry experience, GH2 Solar Limited has delivered more than 650 solar projects for over 325 clients across India. It is also a green hydrogen service provider and among the few companies in India selected under the government’s production-linked incentive (PLI) scheme for green hydrogen production and electrolyser manufacturing. In a recent interaction with Renewable Watch, Anurag Jain, Founder and Chief Executive Officer, GH2 Solar, spoke about the company’s current portfolio, ongoing projects, manufacturing plans and future targets. Excerpts…
Could you give an overview of GH2 Solar’s current portfolio?
We have around 50 MW of solar projects, primarily ground-mounted open access solar projects, along with some commercial and industrial (C&I) rooftop solar projects. The projects are located in Maharashtra and Karnataka, largely for the aerated beverages companies. Apart from this, we are also focusing on C&I rooftop solar projects for warehouses across the country. Another 50 MW is in the pipeline under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan scheme. We are implementing 16 MW of this in Uttar Pradesh and the remaining 34 MW in Rajasthan.
We also have several engineering, procurement and construction (EPC) projects with developers and infrastructure companies, and currently executing a 121 MW ground-mounted solar EPC project across several locations in Maharashtra.
In the green hydrogen space, we have already executed two projects. These are for central government PSUs. One was commissioned on September 5, 2025, and the other will be commissioned soon. These are microgrid-based projects, where we supplied the electrolyser and fuel cells and provided turnkey solutions.
Currently, we are working on an 11 MW project that includes a 1 MW electrolyser and a hydrogen refuelling station. Our electrolyser partner is South Korea’s Advanced Hydrogen Energy Solutions (AHES), while our hydrogen refuelling station partner is Rizome Energy from the UK. Under Tranche II of the Strategic Interventions for Green Hydrogen Transition scheme, we have been awarded 105 MW capacity for electrolyser manufacturing and 10,500 metric tonnes for green hydrogen production. Both come with three-year timelines.
What are your plans in the electrolyser manufacturing space?
We are planning to set up a facility in Gwalior, Madhya Pradesh, with an annual capacity of producing 105 MW of electrolysers, with a roadmap to scale up to 500 MW by 2030. This is supported by a PLI subsidy of Rs 1.575 billion. The electrolyser partner is AHES and the project will be backed by GH2 Solar’s UK-based partner Rhizome Energy.
For this facility, a total investment of Rs 4 billion has been planned, with Rs 1 billion allocated in the first phase to set up a 3 GWh battery energy storage system assembly line as well, and the remaining Rs 3 billion will be invested in phases by 2030 to expand the facility. Overall, the facility is expected to create over 300 direct jobs in the clean energy sector. We have collaborated with Invest India and the Skill Council for Green Jobs to build renewable energy capabilities and train the future workforce.
Why did you choose alkaline electrolyser technology?
Currently, three technologies are available – alkaline, proton exchange membrane (PEM) and solid oxide electrolyser cell (SOEC). PEM and SOEC are relatively new technologies. Meanwhile, alkaline is over 100 years old and a proven technology. For heavy industries and large-scale systems, alkaline is more efficient. Thus, in India, nearly 90 per cent of hydrogen players are working with alkaline technology.
What will be the tentative cost of your electrolysers?
It will be around Rs 50 million per MW, though costs vary depending on the application and order size.
Will the electrolyser facility at Gwalior run on renewable energy?
Yes, it will be powered by renewable energy. We will use rooftop solar on the industrial complex and also set up a demo plant showcasing the electrolyser, hydrogen refuelling station and microgrid system.
Have you signed sales agreements for the electrolysers?
Yes, we have signed several MoUs with companies. All the sales will be for domestic consumption in India for now.
What are your future targets?
Our immediate focus is on electrolyser manufacturing. From 2026 onwards, we will move towards green hydrogen and green ammonia production. On the battery side, we are targeting a 3 GWh assembly line, and on the hydrogen side, 500 MW of electrolyser capacity.
