Hydrogenics to Supply Large-Scale PEM Electrolyzer for Hydrogen Fueling Station in Europe

Location in Wuppertal, Germany to Produce Over 400KG of Hydrogen Daily

MISSISSAUGA, Ontario, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (NASDAQ: HYGS; TSX: HYG) ("Hydrogenics" or "the Company"), a leading developer and manufacturer of hydrogen generation and fuel cell power modules, today announced that it has been chosen to supply a large-scale electrolysis system to generate hydrogen at a fueling station in Germany. The customer, Maximator GmbH, is a compressor manufacturer which is building a one megawatt facility in Wuppertal to cover the daily needs of over 10 new fuel cell buses operated by WSW – the local public transit company. WSW prefers hydrogen-fueled buses over battery ones due to their higher reliability in providing power throughout the day, even on the steep terrain of Wuppertal. Surplus energy generated by a local waste incinerator will be used to power the electrolyzer and generate hydrogen. The Hydrogenics system will be delivered during 2019 and produce over 400 kilograms of hydrogen per day.

“We are pleased that our advanced PEM electrolyzers continue to be chosen for important and high-profile city transit applications such as this,” said Daryl Wilson, President and CEO of Hydrogenics. “Whether providing clean fuel for buses in Germany or elsewhere, Hydrogenics continues to be a leader across the hydrogen-powered, heavy-duty mobility landscape.”

Rene Himmelstein, Vice President of Maximator, added, “We are very proud to be able to carry out such a promising and market-leading project in the hydrogen sector. With Hydrogenics, we are building on a supplier who can deliver reliable electrolyzer technology for this major project.”

Hydrogenics’ PEM-based electrolyzers are customizable and scalable for multi-megawatt applications – without sacrificing efficiency, response or durability – and the compactness of the Company’s technology makes it suitable for existing infrastructure in various urban settings.

About Hydrogenics
Hydrogenics Corporation is a world leader in engineering and building the technologies required to enable the acceleration of a global power shift to a low carbon future. 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.

Hydrogenics Contacts:

Marc Beisheim, Chief Financial Officer
Hydrogenics Corporation
(905) 361-3660
investors@hydrogenics.com

Chris Witty
Hydrogenics Investor Relations
(646) 438-9385
cwitty@darrowir.com

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