Mitsubishi Power inked an agreement with HydrogenPro for the delivery of 40 electrolyzers to produce green hydrogen for power generation, transportation and industrial uses.
HydrogenPro’s electrolyzers will use wind and solar energy to produce green hydrogen by splitting water into hydrogen and oxygen. The initial value of the contract exceeds $50 million, making it one of the largest electrolyzer system contracts ever signed. The EPC and other project deliverables for a turn-key electrolyzer green hydrogen production plant will be supplied by other companies, HydrogenPro said in a statement.
The purchase order is dependent on a final investment decision, which is expected in the first half of 2022. However, HydrogenPro said Mitsubishi already made a nonrefundable financial commitment, allowing HydrogenPro to prepare for production.
This is not the first time Mitsubishi Power and HydrogenPro have partnered, building on their Herøya, Norway project for the electrolyzer system. That large single stack system will have a capacity of 1100 normal cubic meters per hour. HydrogenPro is operating the facility.
The two parties are now scaling and validating hydrogen technology to support U.S. global decarbonization targets.
Bill Newsom, President and CEO of Mitsubishi Power Americas, said: “This order shows our confidence in HydrogenPro’s electrolyzer system due to work begun last year with HydrogenPro to construct and validate one of the world’s largest single stack high-pressure alkaline electrolyzer systems in Norway.”