[ industry update ]
New JV to accelerate electrolyser capacity development in Nordics Everfuel and Hy24 , which manages the world ’ s largest clean hydrogen infrastructure fund , have created a joint venture ( JV ) to finance the accelerated development of electrolyser capacity across the Nordics . Everfuel will own 51 % of the JV and the Hy24-managed Clean H2 Infra Fund will own 49 %.
The JV ’ s first investment is to acquire the HySynergy Phase 1 , 20 MW green hydrogen production plant in Fredericia , Denmark . The JV will further benefit from Everfuel ’ s pipeline of hydrogen projects as they are matured to final investment decision and transferred to the JV , subject to predefined criteria .
The HySynergy Phase 1 electrolyser is expected to commence commercial operations in the second quarter of 2023 and will contribute to significant decarbonization of industrial processes at the adjacent Crossbridge Energy Refinery . HySynergy will also offer a competitive supply of green hydrogen as zero-emission fuel for clean mobility . In December 2022 , HySynergy Phase 2 , 300 MW , green hydrogen plant was granted IPCEI funding of EUR 33.1 million to support the construction of the first of three 100 MW electrolysers .
EvolOH to build 3.75 GW AEM electrolyzer plant in Massachusetts U . S . cleantech company EvolOH has announced that it will build a manufacturing plant in Massachusetts for the fabrication and assembly of its anion exchange membrane ( AEM ) electrolyzer stacks .
The proprietary compact cell-stacking and high power-density design used in EvolOH ’ s NautilusTM series stacks was created for highspeed manufacturing using low-cost materials that only require domestic supply chains and no precious metals .
The company claims that its electrolyzers provide the lowest capital and operating costs for green hydrogen production when operated using pure water . With power ratings up to 5 MW ( 2 tonnes per day ) for a single stack , and 50 MW ( 20 tonnes per day ) for a single containerized module , EvolOH ’ s stacks are designed for large-scale power-to-hydrogen facilities .
The Massachusetts plant will be called EvolOH ’ s Manufacturing Center of Excellence and will combine development facilities and staff with a single line of EvolOH ’ s high-speed manufacturing process . When fully operational , this facility will have a capacity for up to 3.75 GW per year of electrolyzer stacks , making it the largest in the world . Facility work will begin later this year , with manufacturing to commence in 2025 . EvolOH ’ s second manufacturing plant , planned to break ground in 2026 , will have the capacity to make up to 15 GW per year of electrolyzer stacks .
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Hydrogen Tech World | Issue 9 | April 2023 7