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Factory Acceptance Test of Second-Generation Electrolyzer Completed

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Next Hydrogen Solutions Inc. (TSXV:NXH, OTC:NXHSF) has successfully completed an extended factory acceptance test of its second-generation electrolyzer module. This new product line, set for customer site commissioning in the coming months, offers a 40% cost improvement through design simplification and part count reduction. The development was partially funded by Sustainable Development Technology Canada (SDTC).

The modular product line is available in sizes of 0.75MW, 1.5MW, and 2.25MW, featuring a turn-down ratio of 10% for direct connection to renewables. This milestone follows over 20,000 hours of bench and pilot scale testing. Next Hydrogen continues to innovate, focusing on large-scale and cost-effective designs for high-volume green hydrogen production.

Next Hydrogen Solutions Inc. (TSXV:NXH, OTC:NXHSF) ha completato con successo un test di accettazione in fabbrica esteso del suo modulo elettrolizzatore di seconda generazione. Questa nuova linea di prodotto, prevista per l'installazione presso i clienti nei prossimi mesi, offre un miglioramento dei costi del 40% grazie alla semplificazione del design e alla riduzione del numero di parti. Lo sviluppo è stato parzialmente finanziato da Sustainable Development Technology Canada (SDTC).

La linea di prodotti modulari è disponibile in dimensioni di 0,75MW, 1,5MW e 2,25MW, con un rapporto di riduzione del 10% per una connessione diretta alle fonti rinnovabili. Questo traguardo segue oltre 20.000 ore di test di laboratorio e su scala pilota. Next Hydrogen continua a innovare, concentrandosi su design su larga scala ed economicamente sostenibili per la produzione di idrogeno verde ad alto volume.

Next Hydrogen Solutions Inc. (TSXV:NXH, OTC:NXHSF) ha completado con éxito una prueba de aceptación en fábrica extendida de su módulo electrolizador de segunda generación. Esta nueva línea de productos, que se instalará en los sitios de los clientes en los próximos meses, ofrece una mejora de costos del 40% mediante la simplificación del diseño y la reducción del recuento de piezas. El desarrollo fue parcialmente financiado por Sustainable Development Technology Canada (SDTC).

La línea de productos modulares está disponible en tamaños de 0,75MW, 1,5MW y 2,25MW, con una relación de reducción del 10% para conexión directa a fuentes renovables. Este hito sigue a más de 20,000 horas de pruebas en banco y a escala piloto. Next Hydrogen continúa innovando, centrándose en diseños a gran escala y rentables para la producción de hidrógeno verde en grandes volúmenes.

Next Hydrogen Solutions Inc. (TSXV:NXH, OTC:NXHSF)는 두 번째 세대 전해조 모듈의 확장된 공장 수락 테스트를 성공적으로 완료하였습니다. 이 새로운 제품 라인은 고객 사이트에서의 커미셔닝을 앞두고 있으며, 설계 단순화와 부품 수 감소를 통해 비용을 40% 절감합니다. 이 개발은 캐나다 지속 가능한 개발 기술 기구(SDTC)의 부분적인 자금을 지원받았습니다.

모듈식 제품 라인은 0.75MW, 1.5MW 및 2.25MW 크기로 제공되며, 재생 가능 에너지원에 직접 연결할 수 있는 10%의 감축 비율을 특징으로 합니다. 이 이정표는 20,000시간 이상의 벤치 및 파일럿 스케일 테스트를 거쳐 도달하였습니다. Next Hydrogen은 대규모 및 비용 효율적인 디자인에 초점을 맞추며 계속해서 혁신하고 있습니다, 고용량의 녹색 수소 생산을 위한 것입니다.

Next Hydrogen Solutions Inc. (TSXV:NXH, OTC:NXHSF) a réussi à réaliser un test d'acceptation en usine prolongé de son module électrolyseur de deuxième génération. Cette nouvelle ligne de produits, qui sera mise en service chez les clients dans les mois à venir, offre une amélioration des coûts de 40% grâce à une simplification du design et à une réduction du nombre de pièces. Le développement a été en partie financé par Sustainable Development Technology Canada (SDTC).

La ligne de produits modulaires est disponible en tailles de 0,75MW, 1,5MW et 2,25MW, avec un rapport de réduction de 10% pour une connexion directe aux énergies renouvelables. Ce jalon fait suite à plus de 20 000 heures de tests en laboratoire et à échelle pilote. Next Hydrogen continue d'innover, en se concentrant sur des conceptions à grande échelle et rentables pour la production élevée d'hydrogène vert.

Next Hydrogen Solutions Inc. (TSXV:NXH, OTC:NXHSF) hat erfolgreich einen erweiterten Werkabnahmetest seines Elektrolymoduls der zweiten Generation abgeschlossen. Diese neue Produktlinie, die in den kommenden Monaten beim Kunden in Betrieb genommen wird, bietet eine Kostensenkung von 40% durch vereinfachtes Design und verringerten Teilezahl. Die Entwicklung wurde teilweise von Sustainable Development Technology Canada (SDTC) finanziert.

Die modulare Produktlinie ist in Größen von 0,75MW, 1,5MW und 2,25MW verfügbar und bietet ein Reduktionsverhältnis von 10% für die direkte Verbindung zu erneuerbaren Energien. Dieser Meilenstein folgt auf über 20.000 Stunden Bench- und Pilottests. Next Hydrogen setzt weiterhin auf Innovation und konzentriert sich auf großflächige und kosteneffiziente Designs zur Produktion von grünem Wasserstoff in großem Umfang.

Positive
  • Successful completion of extended factory acceptance test for second-generation electrolyzer
  • 40% cost improvement through design simplification and part count reduction
  • Product line available in multiple sizes (0.75MW, 1.5MW, 2.25MW)
  • Best commercially available performance features, including 10% turn-down ratio
  • Over 20,000 hours of bench and pilot scale testing completed
Negative
  • None.

MISSISSAUGA, Ontario, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen“) (TSXV:NXHOTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to announce that it has successfully completed an extended factory acceptance test of its second generation electrolyzer module. This product line will be commissioned at a customer site in the coming months.

The second-generation product line is a design simplification of its first-generation product line resulting in a 40% cost improvement through part count reduction. The development of the second-generation product line was partially funded by Sustainable Development Technology Canada (SDTC).

This modular product line is available in sizes of 0.75MW, 1.5MW and 2.25MW and offers best commercially available performance features including a turn-down ratio of 10% for direct connection to renewables.

Raveel Afzaal, President and CEO of Next Hydrogen, stated, “This represents a significant milestone for us following over 20,000 hours of bench and pilot scale testing in addition to sub-component testing programs. We continue to innovate and are now well advanced with our product development of large scale and cost-effective designs for high volume green hydrogen production. We are grateful to our talented employees for their dedication as well as to our government for their support on our journey to decarbonize our planet.”

About Next Hydrogen
Founded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Next Hydrogen’s unique cell design architecture supported by 40 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale.  Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors.

Contact Information

Raveel Afzaal, President and Chief Executive Officer
Next Hydrogen Solutions Inc.
Email: rafzaal@nexthydrogen.com
Phone: 647-961-6620
www.nexthydrogen.com

Cautionary Statements
This news release contains “forward-looking information” and “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the risks associated with the hydrogen industry in general; delays or changes in plans with respect to infrastructure development or capital expenditures; the uncertainty of estimates and projections relating to costs and expenses; failure to obtain necessary regulatory approvals; health, safety and environmental risks; uncertainties resulting from potential delays or changes in plans with respect to infrastructure developments or capital expenditures; currency exchange rate fluctuations; as well as general economic conditions, stock market volatility; and the ability to access sufficient capital. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, there will be no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.


FAQ

What is the cost improvement of Next Hydrogen's second-generation electrolyzer?

Next Hydrogen's second-generation electrolyzer offers a 40% cost improvement through design simplification and part count reduction compared to its first-generation product line.

What sizes are available for Next Hydrogen's (NXHSF) new electrolyzer product line?

Next Hydrogen's new electrolyzer product line is available in sizes of 0.75MW, 1.5MW, and 2.25MW.

When will Next Hydrogen (NXHSF) commission its second-generation electrolyzer at a customer site?

Next Hydrogen plans to commission its second-generation electrolyzer at a customer site in the coming months, following the successful factory acceptance test.

What is the turn-down ratio of Next Hydrogen's (NXHSF) new electrolyzer product line?

Next Hydrogen's new electrolyzer product line offers a turn-down ratio of 10% for direct connection to renewables, which is claimed to be the best commercially available performance feature.

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