Next Hydrogen Announces Strategic Partnership with Sungrow Hydrogen
MISSISSAUGA, Ontario, March 24, 2025 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (“Next Hydrogen” or the “Company”) (TSXV:NXH, OTC:NXHSF) is pleased to announce a wide-ranging cooperation agreement with Sungrow Hydrogen Sci&Tech. Co. Ltd. (“Sungrow Hydrogen”) to accelerate the commercialization and scale-up of its innovative water electrolysis technology.
Under this agreement, Next Hydrogen will leverage Sungrow Hydrogen’s existing 3GW manufacturing facility to deliver on large volume orders starting in 2026 while ensuring continued control over the Company’s Intellectual Property and the design of its electrolyzers. Sungrow Hydrogen will also provide associated Balance of Plant systems, enhancing supply chain efficiency and cost competitiveness.
Additionally, the two companies will collaborate on co-development and cross-selling opportunities to offer customers a broader range of green hydrogen solutions to decarbonize ammonia, aviation fuels, refinery, steel and transportation industries.
Next Hydrogen will continue its research and development activities in Canada. To support both Global and North American market requirements, Next Hydrogen and Sungrow Hydrogen are also exploring expanding Next Hydrogen’s North American manufacturing footprint. This approach ensures localized production capabilities while maintaining supply chain flexibility and compliance with evolving regional clean energy policies.
Raveel Afzaal, President & CEO of Next Hydrogen, said:
Sungrow Hydrogen is one of the largest water electrolyzer companies globally, with a dominant market share in China and strong backing from its parent company, which was recently rated No. 1 for bankability by Bloomberg NEF,
“By leveraging Sungrow Hydrogen as an OEM partner, we can accelerate our path to market and efficiently scale production to meet demand for large-scale green hydrogen projects.”
Mr. Peng Chaocai, VP of Sungrow and Chairman of Sungrow Hydrogen, said:
Next Hydrogen has developed an innovative electrolyzer design optimized for direct connection to renewables,
“We will apply our technical innovation, commercialization and manufacturing expertise to help scale production, while also leveraging Next Hydrogen’s deep knowledge of the North American market. Together, we will combine our expertise in water electrolysis to deliver the best products at the best price, driving large-scale adoption of green hydrogen worldwide.”
This strategic partnership positions both companies to accelerate the transition to green hydrogen, providing scalable, cost-effective solutions to support global clean energy goals.
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Next Hydrogen Announces Strategic Partnership with Sungrow Hydrogen, source
