Electric Hydrogen Awarded a $46,3M DOE Grant to Scale Electrolyzer Manufacturing at Its Devens, MA Gigafactory.
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.
Electric Hydrogen’s manufacturing enables high-quality, low-cost electrolyzer stacks that unlock pathways to achieve the DOE’s Energy Earthshot targets for green hydrogen: $1/kg of H2 by 2031. The company’s unique electrolyzer plant design and state-of-the-art 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.
David Eaglesham, CTO, said:
We are honored to be selected and see this as a great endorsement of our technology and team.
“We thank the administration and DOE for supporting domestic electrolyzer manufacturing, to ensure the US stays competitive in this sector.”
The company will use the grant to scale its technology advancements in manufacturing at its Devens, Massachusetts gigafactory. The factory will be one of the largest proton exchange membrane (PEM) electrolyzer factories in the world, with a capacity of 1.2 GW/yr. 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 electrolyzers in large volumes to meet the industry’s growing demand.
Jigish Trivedi, SVP of Manufacturing, said:
The experience and proven success our team garnered in solar manufacturing and other scaled sectors is directly transferable to electrolyzer manufacturing and will allow Electric Hydrogen to increase our rate of production on a timeline that can address the growing demand globally.
Electric Hydrogen’s low-cost electrolyzer stacks are at the core of the company’s solution, a fully integrated 100MW Electrolyzer 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 100MW Electrolyzer Plant in Texas, in addition to having existing operating plants in California.
READ the latest news shaping the hydrogen market at Hydrogen Central
Electric Hydrogen Awarded a $46,3M DOE Grant to Scale Electrolyzer Manufacturing at Its Devens, MA Gigafactory. source
