Electric Hydrogen awarded US$46.3 million DOE grant

Electric Hydrogen’s manufacturing enables high-quality, low-cost electrolyser stacks that unlock pathways to achieve the DOE’s Energy Earthshot targets for green hydrogen: US$1/kg of hydrogen by 2031. The company’s unique electrolyser plant design and manufacturing technologies address all of the key cost drivers DOE has identified to achieve that goal. Electric Hydrogen’s sole mission is to make green hydrogen an economic inevitability by unlocking cost-parity with fossil fuels.

“We are honoured to be selected and see this as a great endorsement of our technology and team. We thank the administration and DOE for supporting domestic electrolyser manufacturing, to ensure the US stays competitive in this sector,” said CTO, David Eaglesham.

The company will use the grant to scale its technology advancements in manufacturing at its Devens, Massachusetts, US, gigafactory. The factory will be one of the largest proton exchange membrane (PEM) electrolyser factories in the world, with a capacity of 1.2 GW/y. Using proven manufacturing frameworks from successfully scaled industries like the auto industry, it will run low-cost and high-throughput production lines to make reliable and high-quality electrolysers in large volumes to meet the industry’s growing demand.

“The experience and proven success our team garnered in solar manufacturing and other scaled sectors is directly transferable to electrolyser manufacturing and will allow Electric Hydrogen to increase our rate of production on a timeline that can address the growing demand globally,” said Jigish Trivedi, SVP of Manufacturing.

Electric Hydrogen’s low-cost electrolyser stacks are at the core of the company’s solution, a fully integrated 100 MW electrolyser plant, designed to deliver the lowest cost green hydrogen on earth. The plants are designed and manufactured in the US, and the company is currently building its first customer-sited 100 MW electrolyser Plant in Texas, in addition to having existing operating plants in California.

Read the article online at: https://www.globalhydrogenreview.com/hydrogen/19032024/electric-hydrogen-awarded-us463-million-doe-grant/