As new technologies and new problems appear in the world, advanced industries rise to bridge the gap and create solutions. The problem of sustainability, however, requires more, and industries all over the world are changing—sometimes at their very core—to create solutions. One such solution is green hydrogen, which represents, in some ways, a shift in existing industries and, in other ways, the invention of a new energy production industry. Splitwaters, a one-stop shop company built to solve the problems of green hydrogen production, is helping to make this change possible.
New Sustainability Tech to Revolutionize Old Industries
Unlike conventional hydrogen production methods that rely on fossil fuels, green hydrogen is produced through water electrolysis that can be powered by renewable energies such as wind or solar. This process yields a clean, renewable energy source with zero carbon emissions. It offers a promising avenue to decarbonize industries and mitigate climate change.
With industries such as steel, chemicals, and shipping accounting for a substantial portion of global emissions, green hydrogen presents a compelling opportunity to decarbonize these hard-to-abate sectors. However, despite its immense potential, the widespread adoption of green hydrogen faces challenges that must be addressed to realize its full impact.
Splitwaters, led by co-founder and CEO Deepak Bawa, has risen to confront this as a pioneering company specializing in manufacturing green hydrogen electrolyzers, the cornerstone of green hydrogen production. The company has set a goal of providing comprehensive solutions to address the challenges facing the industry.
Rising to Face Unique Industry Challenges
One of the primary issues confronting the green hydrogen industry is cost. While advancements in technology and falling renewable energy prices have contributed to cost reductions, further declines are needed to make green hydrogen economically competitive with traditional fossil fuels. Additionally, a lack of transportation and storage infrastructure presents a barrier to scaling up production and distribution.
By providing Balance of Plant equipment and engineering, procurement, and construction services for green hydrogen production plants, Splitwaters streamlines the process. This eliminates the need for clients to coordinate with multiple companies. The one-stop-shop company not only reduces coordination fees by combining all the services for green hydrogen plants under one umbrella but also minimizes markups on procured equipment and contingencies, resulting in significant cost savings for clients.
Economic Solutions for a Business-Focused Industry
Splitwaters brings decades of experience and expertise to the green hydrogen industry. Recognizing the challenges facing clients, Bawa and his team have developed innovative solutions to streamline the production process and make green hydrogen more accessible and cost-effective. Splitwaters' modularized design and construction approach further reduces capital expenditure (CAPEX) by minimizing stick-built construction and simplifying project execution. Splitwaters has even managed a CAPEX reduction of 30%. With a focus on efficiency and affordability, Splitwaters empowers clients to embark on green hydrogen projects with confidence, knowing they have a reliable partner committed to their success.
Splitwaters: Solving Green Hydrogen Problems
Green hydrogen represents a transformative solution to the pressing challenges of climate change and carbon emissions. Its renewable nature, coupled with its potential to decarbonize hard-to-abate sectors, positions green hydrogen as a cornerstone of the transition to a sustainable energy future. The goal of Splitwaters is clear: to be the one-stop solution to the challenges in the Green Hydrogen industry and to provide access to the new opportunities this progressing technology brings.
The company strives to do this by providing top-quality equipment, engineering, procurement, and construction services under one roof. This lets Splitwaters streamline the process and reduce costs for clients, paving the way for the widespread adoption of green hydrogen technologies. With its modularized design approach and commitment to cost-effectiveness, Splitwaters not only accelerates the transition to a hydrogen-powered economy but also creates opportunities for industries to embrace sustainability and contribute to a cleaner, more sustainable future.
