Hydrogenics: Contract to Provide Electrolyzers to Doosan Babcock
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MISSISSAUGA, Ontario - Hydrogenics Corporation (HYGS) (HYG.TO) (“Hydrogenics” or “the Company”), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, announced that it has been awarded a contract by Doosan Babcock Limited to install two of its HySTAT®100 electrolyzers, along with compression and storage equipment, at the new Aberdeen Exhibition and Conference Centre (“AECC”) in Aberdeen, Scotland. The Hydrogenics electrolyzers will convert fluctuating power – up to 1 megawatt – into 20 kilograms of hydrogen per hour, at the highest efficiency possible, complementing the combined heat and power natural gas fuel cell application installed at the AECC. Hydrogenics expects to deliver the electrolyzers in late 2017, providing over 300 kilograms of hydrogen storage capacity; additional terms were not disclosed.
“We are very pleased to enter into this contract with Doosan Babcock to complement their system in Aberdeen,” said Daryl Wilson President & CEO of Hydrogenics. “Such awards, combined with our existing hydrogen fueling infrastructure activities there, illustrate our continued support for the city as a world leader in the development of the hydrogen economy, reducing carbon emissions for generations to come.”
The hydrogen produced by the HySTAT® electrolyzers will be suitable for use across a wide range of applications such as fuel for vehicles, energy storage, and the most demanding industrial processes.
Hydrogenics Corporation is a world leader in engineering and building the technologies required to enable the acceleration of a global power shift. Headquartered in Mississauga, Ontario, Hydrogenics provides hydrogen generation, energy storage and hydrogen power modules to its customers and partners around the world. Hydrogenics has manufacturing sites in Germany, Belgium and Canada and service centers in Russia, Europe, the US and Canada.