Hydrogen technology company Hydrogen Optimized has opened a new technology and manufacturing facility in Owen Sound, Ontario, Canada, part of the Grey-Bruce Hydrogen Hub.
Presenting multiple opportunities, the new facility will provide Hydrogen Optimized with the necessary structure to demonstrate its current electrolysis technology and associated electrical systems.
The facility will also be used to refine the company’s RuggedCell™ water electrolysis technology and manufacturing processes.
“Today our company has taken a significant step toward achieving our goal of meeting the rapidly developing global demand for large-scale green hydrogen technology,” said Andrew Stuart, President and CEO of Hydrogen Optimized.
“The facility we have secured is ideal for meeting two key objectives – first, to advance our RuggedCell™ water electrolysis technology for large-scale project deployment, and secondly, to advance our manufacturing technology and capabilities.”
We are moving forward as quickly as possible to develop the technology to provide individual green hydrogen production plants at our customer sites, each in the hundreds of MW range,” Stuart said.
“More immediately, we are developing the capability to manufacture up to 500 MW of RuggedCell electrolysers annually.”
“Looking farther ahead, we intend to drive costs down to the lowest possible level with manufacturing plants rated at 2,000 MW or more of annual RuggedCell production.”
The company’s RuggedCell™ water electrolysis systems are targeted to major industrial, chemical, utility and energy end users, which represent the largest segment of an overall addressable green hydrogen market that Goldman Sachs forecasts could reach over $10 trillion by 2050.