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Hydrogenics Awarded Hydrogen Storage System Contract for Renewable Electricity Linked to Refueling Facility in Europe

Hydrogenics Corporation (NASDAQ: HYGS) today announced that it, together with eight other partners, has won a major energy storage R&D and demonstration project in Europe. Called "Don Quichote," the project includes a financial contribution of 2.86 million Euros by the European Commission, under the auspices of the Fuel Cells and Hydrogen Joint Undertaking (FCH JU), and will take five years to complete.

The core innovation of the Don Quichote project will consist of combining a 350 bar electrochemical compressor, a 30Nm3 PEM electrolyzer system, and a 90 kW fuel cell system to demonstrate the technical and economical viability of an integrated hydrogen storage system for renewable electricity linked to a hydrogen refueling facility. The consortium will design, build, deploy and operate the system at the Colruyt site near Brussels to double the capacity of the existing 350 bar fueling station to 130 kilograms per day and install a fuel cell system for electricity demand leveling.

This project seeks to increase renewable-based electricity, grid balancing, sustainable mobility and the use of clean hydrogen. It aims to demonstrate and validate system-level technology readiness

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Posted-In: News Guidance Contracts Asset Sales Management Global

 

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