Waaree Clean Energy Solutions to supply 50 MW of electrolyzers to Zero Footprint Industries

Waaree Clean Energy Solutions' agreement to supply 50 MW of electrolyzers to Zero Footprint Industries (ZFI) marks a significant step in the development of decentralized green hydrogen production in northern India. The Electrolyzer-as-a-Service (EAAS) model is particularly noteworthy, potentially lowering the upfront capital expenditure for ZFI and facilitating wider adoption of green hydrogen technologies. The initial agreement for a 2.5 MW alkaline electrolyzer demonstrates a phased approach, allowing both companies to de-risk the larger 50 MW deployment. This deal underscores the growing momentum behind green hydrogen as a viable energy source in India. The partnership between Waaree, a supplier, and ZFI, the buyer, highlights the collaborative efforts needed to build a robust green hydrogen ecosystem. While the financial details remain undisclosed, the 50 MW capacity represents a substantial commitment to green hydrogen production. The EAAS model could prove to be a crucial enabler for smaller-scale, decentralized projects, which are essential for reaching remote areas and reducing reliance on centralized infrastructure. This deal could serve as a template for future green hydrogen projects in India and other emerging markets.