In a significant achievement, InSolare Energy Pvt. Ltd., through its fully owned subsidiary Suryayashish KA1 Solar Park Pvt. Ltd., has been awarded a Production-Linked Incentive (PLI) under the Government of India’s ambitious scheme to boost electrolyser manufacturing. The company has secured a capacity allocation of 10 MW in the highly competitive Bucket 2B category, which is exclusively reserved for indigenous technology.
InSolare Energy Pvt. Ltd. is the only company in this category to be working on indigenous Proton Exchange Membrane (PEM) technology. This recognition underlines the company’s commitment to innovation and the development of proprietary technology that stands at the forefront of the global energy landscape.
Dr. Hemanshu Bhatt, the Chief Technology Officer and Director at InSolare, is the driving force behind this success, holding multiple patents spanning critical areas such as electrolyser technology, renewable energy, and semiconductor technology. His leadership has positioned InSolare as a global leader in the invention and development of advanced PEM technology.
The PLI allocation is a testament to InSolare’s commitment to advancing indigenous technology and sets a strong foundation for the company’s ambitious plans to scale up its electrolyser manufacturing capacity, leveraging its globally leading inventions and patents.
“Beyond our focus on electrolyser manufacturing, we are broadening our technical expertise to encompass green fuels and green chemicals production. This expansion reflects our commitment to pioneering solutions that address the entire value chain, from production to application, ensuring a fully integrated approach to advancing green energy on a global scale” said Dr. Bhatt.