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NextHydrogen signs MoU with Black & Veatch to develop large-scale integrated green hydrogen solution, Canadian Business Journal

Mississauga, Ontario, April 7, 2022 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (“society” Also “Next hydrogen“) (TSXV: NXH, OTC: NXHSF) has announced that it is the designer and manufacturer of electrolytic cells and has signed a memorandum of understanding (“MoUWe work with Black & Veatch, a global engineering, procurement, consulting and construction company to provide industrial customers with a fully integrated solution for producing large-scale green hydrogen.

Based on collaboration with Black & Veatch’s Ignite X Climate Tech Accelerator program, NextHydrogen combines proprietary technology and electrolytic expertise with market leadership in Black & Veatch’s large-scale industrial engineering solutions for industrial and transportation customers around the world. Target a wide range of applications.

“Next Hydrogen is excited to work with Black & Veatch to develop an integrated, large-scale green hydrogen solution,” said Raveel Afzaal, President and CEO of Next Hydrogen. “We are confident that combining Black & Veatch’s extensive industry network and proven engineering leadership with our unique electrolysis technology will accelerate the deployment of customer-centric, reliable and cost-effective solutions.”

“The industrial sector is increasingly pursuing hydrogen as a viable solution for decarbonization, and there is a growing sense of urgency for the expansion of green hydrogen technology,” said Jason Rowell, Director of Global Decarbonization Solutions at Black & Veatch. Says. Electric power business. “We look forward to partnering with NextHydrogen to support the development and expansion of the use of electrolytic cell technology for commercial and industrial clients.”

MoU is a non-exclusive agreement that NextHydrogen and Black & Veatch will develop a large MW green hydrogen solution to identify areas of deeper collaboration and specific opportunities around the world.

About the next hydrogen
Founded in 2007, Next Hydrogen is an electrolytic cell designer and manufacturer that uses water and electricity as inputs and produces clean hydrogen for use as an energy source. The unique cell design architecture supported by NextHydrogen’s 39 patents enables high current density operation and excellent dynamic response, effectively delivering intermittent renewable power to green hydrogen on an infrastructure scale. Can be converted. Following the success of the pilot, NextHydrogen offers a commercial solution to scale up its technology to decarbonize the transportation and industrial sectors.

About Black & Veatch
Black & Veatch is a 100% employee-owned global engineering, procurement, consulting and construction company with over 100 years of experience in sustainable infrastructure innovation. Since 1915, we have helped our clients improve the lives of people around the world by working on the resilience and reliability of their most important infrastructure assets. Revenue in 2020 exceeded US $ 3 billion. Follow us on www.bv.com and social media.

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NextHydrogen signs MoU with Black & Veatch to develop large-scale integrated green hydrogen solution, Canadian Business Journal

Source link NextHydrogen signs MoU with Black & Veatch to develop large-scale integrated green hydrogen solution, Canadian Business Journal

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