Hydrogenics to Supply Three Electrolyzers and 100 kw Fuel Cell System for Levenmouth Community Energy Project in Scotland
MISSISSAUGA, Ontario, – Hydrogenics Corporation (NASDAQ:HYGS) (TSX:HYG) a leading developer and manufacturer of hydrogen generation and hydrogen-based fuel cell power modules, today announced that it has been awarded a contract to supply three electrolyzers and a fuel cell power module system for the Levenmouth Community Energy Project in Fife, Scotland. The project, funded with a [Pounds4million grant from the Scottish Government's Local Energy Challenge Fund, is being led by Bright Green Hydrogen along with project partners, Fife Council and Toshiba. The project will further develop an existing local energy research center in Methil, Fife into a world-class demonstrator of hydrogen applications generated from renewable sources. Bright Green Hydrogen awarded Edinburgh-based Logan Energy as the integrator for the project.
Hydrogenics will deploy one alkaline electrolyzer and one PEM electrolyzer which will be integrated by Logan Energy for containerized fueling, along with another PEM electrolyzer and fuel cell module to be part of an energy storage system powered by wind. Additional terms, including contract value, were not disclosed.
Daryl Wilson, CEO of Hydrogenics, stated, "The Levenmouth Community Energy Project is an excellent example of utilizing hydrogen technology in multiple applications for both energy storage and fueling. Hydrogenics is pleased to be involved as a partner on this project and we believe that this is an excellent opportunity to demonstrate the full breadth of our capabilities. This is also our third project in Scotland following on our fueling station in Aberdeen and at the Kittybrewster depot, also in Aberdeen. We look forward to working with Logan Energy, Bright Green Hydrogen and their project partners on this exciting project."
The Levenmouth project located in Fife, Scotland's third largest council area, will take electricity generated by wind and solar sources to power electrolyzers, and the hydrogen generated will be stored and used to fuel hybrid commercial vehicles (HCVs). Hydrogenics will support nine organizations in this initiative. Along with Bright Green Hydrogen Ltd., a Fife-based non-profit organization that promotes a hydrogen future, Fife Council and Toshiba, the project consortium members include; Leven Valley Development Trust; Fife College; BOC (for hydrogen transport); Green Business Fife; Community Energy Scotland; and the Scottish Hydrogen and Fuel Cell Association (SHFCA).
About Hydrogenics
Hydrogenics Corporation (www.hydrogenics.com) is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.
CONTACT:
For further information, contact:
Bob Motz, Chief Financial Officer
Hydrogenics Corporation
(905) 361-3660
investors@hydrogenics.com
Chris Witty
Hydrogenics Investor Relations
(646) 438-9385
cwitty@darrowir.com
