Hydrogen Optimized (a subsidiary of Key DH Technologies Inc.) has signed a Letter of Intent (LoI) with a large industrial company to supply over 40MW of RuggedCell water electrolyser capacity for hydrogen production.
The capacity will be installed at one or more sites by the company. The electrolysis capacity is expected to be increased to hundreds of megawatts in the future as demand for hydrogen grows.
RuggedCell water electrolysis technology uses low-cost materials that are free of iridium and other highly expensive platinum group metals. It also has a high-current architecture that enables individual hydrogen production modules in the hundreds of megawatts each.
Andrew Stuart, President and CEO of Hydrogen Optimized, said, “A key factor underlying the agreement is our system’s unique capability to double or more in capacity without requiring the installation of costly additional electrical and other equipment.”
In a separate development, Advent Technologies Holdings, Inc. (fuel cell and hydrogen technology company) has signed a Distribution and Service Agreement with Calscan Solutions (a company focused on the oil field industry). Calscan’s plans to market, resell, install, and service the Advent M-ZERØ™ and SereneU fuel cell products to address the demand for electric systems in the oil and gas sector. The fuel cell products aim to drop wellhead methane emissions to zero, increase well productivity and safety, and decrease maintenance costs in North American well sites.