EVOLOH Signs Supply Agreement for 0.5 Gigawatts of Revolutionary Electrolyzers for Low-Carbon Hydrogen [Yahoo! Finance]
NextEra Energy, Inc. (NEE)
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Source: Yahoo! Finance
SANTA CLARA, CAPELLEN / ACCESSWIRE / December 4, 2024 / EVOLOH, Inc , a cleantech company that manufactures electrolyzer stacks for hydrogen production, today announced it has reached important commercial and technical milestones on its path to making low-carbon hydrogen globally accessible. EVOLOH's scalable, high-throughput manufacturing technology and high efficiency Nautilus TM platform of advanced liquid alkaline electrolyzers represent a step change in green hydrogen production. EVOLOH has signed a supply agreement with a large, US-based renewable energy developer for half a gigawatt (0.5 GW) of electrolyzer stacks. The supply is secured through a non-refundable deposit that applies to the purchase cost once EVOLOH completes its Lowell, MA Manufacturing Center of Excellence. "This agreement is a recognition of the tremendous benefits of EVOLOH's electrolyzer technology and manufacturing process, and comes on top of more than sixteen gigawatts (16 GW) of signed intent for su
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