Articles from Electric Hydrogen

• Established hydrogen industry professional Bruno Forget to lead European and MENA business

DEVENS, Mass., July 22, 2025 (GLOBE NEWSWIRE) -- Electric Hydrogen, global manufacturer of high-power electrolyzer plants, announced today that DNV, the independent energy expert and assurance provider, has completed its comprehensive technical due diligence on Electric Hydrogen’s HYPRPlant solution. DNV’s report commends Electric Hydrogen’s industry-leading advanced PEM technology performance and extensive testing capabilities to uncover unique failure modes. It also concludes that the HYPRPlant offering can be both highly reliable and “highly competitive” on cost and current commercial guarantees. Electric Hydrogen’s HYPRPlant is a fully integrated and prefabricated plant, powered by the company’s proprietary advanced PEM technology, and is offered in 3 variants: 75 MW, 100 MW and 120 MW.

DEVENS, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Electric Hydrogen, a U.S. manufacturer of advanced electrolyzers, has selected The Weitz Company, through an affiliate, as the engineering, procurement and construction (EPC) partner for the installation of its 100 megawatt (MW) HYPRPlant at Infinium’s Roadrunner eFuels project in West Texas.

PECOS, Texas, May 19, 2025 (GLOBE NEWSWIRE) -- Electric Hydrogen, an American manufacturer of high-power electrolyzer plants, announced today that Infinium, a leading producer of commercial eFuels, has selected Electric Hydrogen’s 100 megawatt (MW) HYPRPlant for its large-scale eFuels facility in Texas, Project Roadrunner.

DEVENS, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Uniper has selected Electric Hydrogen as its exclusive partner to design a 200 megawatt (MW) electrolyzer plant for the large-scale electrolysis within Uniper’s Green Wilhelmshaven project in Northern Germany. Electric Hydrogen began conducting the preliminary front-end engineering design (“pre-FEED”) work for the project in October 2024.

Today, Electric Hydrogen announced $100M in corporate credit financing to support manufacturing and deployment of their innovative 100MW electrolyzer plants, which enable the lowest cost production of green hydrogen. The funding was led by HSBC, with participation from J.P. Morgan, Stifel Bank, and Hercules Capital.

Electric Hydrogen announces the award of a $18.3M transferable tax credit from the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative, funded by the Inflation Reduction Act, for electrolyzer manufacturing at its gigafactory in Devens, MA.

Electric Hydrogen has been awarded a $46.3M grant by the Department of Energy (DOE), under the Bipartisan Infrastructure Law’s Clean Electrolysis Program. Electric Hydrogen was selected for its rapid technology advancements in electrolyzer manufacturing.

Today ELECTRIC HYDROGEN (EH2) announced the successful completion of an oversubscribed $380 million Series C financing. The new capital will accelerate the company’s manufacturing and deployment plans to meet strong customer demand for its power-dense green hydrogen systems.

Electric Hydrogen (EH2) today announced a $198 million financing to support their efforts in making cost competitive fossil-free hydrogen. The round consisted of Series B equity and venture debt from top investors. Fifth Wall Climate Tech led the round, with participation by S2G Ventures, and lenders Silicon Valley Bank and Trinity Capital. Strategic investors included Amazon’s Climate Pledge Fund, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries, and Rio Tinto. Previous investors Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, and Prelude Ventures also participated.