Next Hydrogen Announces Strategic Partnership with Sungrow Hydrogen
Next Hydrogen Solutions (TSXV:NXH, OTC:NXHSF) has announced a strategic partnership with Sungrow Hydrogen to accelerate the commercialization of its water electrolysis technology. The agreement allows Next Hydrogen to utilize Sungrow's 3GW manufacturing facility for large volume orders starting in 2026, while maintaining control over its IP and electrolyzer design.
The partnership includes Sungrow providing Balance of Plant systems and collaboration on co-development and cross-selling opportunities for green hydrogen solutions across various industries including ammonia, aviation fuels, refinery, steel, and transportation. Next Hydrogen will maintain its R&D operations in Canada, with plans to explore expanding North American manufacturing capabilities to ensure localized production and compliance with regional clean energy policies.
Next Hydrogen Solutions (TSXV:NXH, OTC:NXHSF) ha annunciato una partnership strategica con Sungrow Hydrogen per accelerare la commercializzazione della sua tecnologia di elettrolisi dell'acqua. L'accordo consente a Next Hydrogen di utilizzare l'impianto di produzione da 3GW di Sungrow per ordini di grande volume a partire dal 2026, mantenendo il controllo sulla propria proprietà intellettuale e sul design dell'elettrolizzatore.
La partnership prevede che Sungrow fornisca sistemi di Balance of Plant e collabori nello sviluppo congiunto e nelle opportunità di vendita incrociata per soluzioni di idrogeno verde in vari settori, tra cui ammoniaca, carburanti per aviazione, raffinerie, acciaio e trasporti. Next Hydrogen manterrà le proprie operazioni di R&S in Canada, con piani per esplorare l'espansione delle capacità produttive in Nord America per garantire una produzione localizzata e la conformità con le politiche regionali di energia pulita.
Next Hydrogen Solutions (TSXV:NXH, OTC:NXHSF) ha anunciado una asociación estratégica con Sungrow Hydrogen para acelerar la comercialización de su tecnología de electrólisis de agua. El acuerdo permite a Next Hydrogen utilizar la instalación de fabricación de 3GW de Sungrow para pedidos de gran volumen a partir de 2026, manteniendo el control sobre su propiedad intelectual y el diseño del electrolizador.
La asociación incluye que Sungrow proporcione sistemas de Balance of Plant y colabore en el desarrollo conjunto y oportunidades de venta cruzada para soluciones de hidrógeno verde en diversas industrias, incluyendo amoníaco, combustibles de aviación, refinerías, acero y transporte. Next Hydrogen mantendrá sus operaciones de I+D en Canadá, con planes para explorar la expansión de capacidades de fabricación en América del Norte para garantizar una producción localizada y el cumplimiento de las políticas regionales de energía limpia.
Next Hydrogen Solutions (TSXV:NXH, OTC:NXHSF)는 Sungrow Hydrogen와 전략적 파트너십을 맺고 수소 전기 분해 기술의 상용화를 가속화한다고 발표했습니다. 이 계약에 따라 Next Hydrogen은 2026년부터 대량 주문을 위해 Sungrow의 3GW 제조 시설을 활용할 수 있으며, 자사의 지적 재산권과 전해조 설계에 대한 통제권을 유지합니다.
파트너십에는 Sungrow가 Plant Balance 시스템을 제공하고, 암모니아, 항공 연료, 정유, 철강 및 운송 등 다양한 산업에서 녹색 수소 솔루션의 공동 개발 및 교차 판매 기회에 협력하는 내용이 포함됩니다. Next Hydrogen은 캐나다에서 연구 개발 작업을 유지하며, 지역 청정 에너지 정책에 부합하는 현지 생산을 보장하기 위해 북미 제조 능력 확장을 탐색할 계획입니다.
Next Hydrogen Solutions (TSXV:NXH, OTC:NXHSF) a annoncé un partenariat stratégique avec Sungrow Hydrogen pour accélérer la commercialisation de sa technologie d'électrolyse de l'eau. Cet accord permet à Next Hydrogen d'utiliser l'installation de fabrication de 3GW de Sungrow pour des commandes en grande quantité à partir de 2026, tout en conservant le contrôle de sa propriété intellectuelle et de la conception de l'électrolyseur.
Le partenariat comprend la fourniture par Sungrow de systèmes de Balance of Plant et une collaboration sur le co-développement et les opportunités de vente croisée pour des solutions d'hydrogène vert dans divers secteurs, y compris l'ammoniac, les carburants d'aviation, les raffineries, l'acier et le transport. Next Hydrogen maintiendra ses opérations de R&D au Canada, avec des plans pour explorer l'expansion des capacités de fabrication en Amérique du Nord afin d'assurer une production localisée et le respect des politiques régionales en matière d'énergie propre.
Next Hydrogen Solutions (TSXV:NXH, OTC:NXHSF) hat eine strategische Partnerschaft mit Sungrow Hydrogen angekündigt, um die Kommerzialisierung seiner Wasser-Elektrolysetechnologie zu beschleunigen. Die Vereinbarung ermöglicht es Next Hydrogen, die 3GW-Fabrik von Sungrow für Großaufträge ab 2026 zu nutzen, während die Kontrolle über das geistige Eigentum und das Design des Elektrolyseurs gewahrt bleibt.
Die Partnerschaft umfasst, dass Sungrow Systeme für den Balance of Plant bereitstellt und bei der gemeinsamen Entwicklung sowie bei Cross-Selling-Möglichkeiten für grüne Wasserstofflösungen in verschiedenen Branchen, einschließlich Ammoniak, Flugkraftstoffen, Raffinerien, Stahl und Transport, zusammenarbeitet. Next Hydrogen wird seine F&E-Aktivitäten in Kanada aufrechterhalten und plant, die Produktionskapazitäten in Nordamerika zu erweitern, um eine lokale Produktion und die Einhaltung regionaler Richtlinien für saubere Energie zu gewährleisten.
- Access to Sungrow's established 3GW manufacturing facility for scaling production
- Partnership with one of the largest global water electrolyzer companies
- Maintained control over IP and electrolyzer design
- Enhanced supply chain efficiency and cost competitiveness through Balance of Plant systems
- Production scale-up delayed until 2026
- Dependent on third-party manufacturing facility for large volume orders
MISSISSAUGA, Ontario, March 24, 2025 (GLOBE NEWSWIRE) -- Next Hydrogen Solutions Inc. (“Next Hydrogen” or the “Company”) (TSXV:NXH, OTC:NXHSF) is pleased to announce a wide-ranging cooperation agreement with Sungrow Hydrogen Sci&Tech. Co. Ltd. (“Sungrow Hydrogen”) to accelerate the commercialization and scale-up of its innovative water electrolysis technology.
Under this agreement, Next Hydrogen will leverage Sungrow Hydrogen’s existing 3GW manufacturing facility to deliver on large volume orders starting in 2026 while ensuring continued control over the Company’s Intellectual Property and the design of its electrolyzers. Sungrow Hydrogen will also provide associated Balance of Plant systems, enhancing supply chain efficiency and cost competitiveness.
Additionally, the two companies will collaborate on co-development and cross-selling opportunities to offer customers a broader range of green hydrogen solutions to decarbonize ammonia, aviation fuels, refinery, steel and transportation industries.
Next Hydrogen will continue its research and development activities in Canada. To support both Global and North American market requirements, Next Hydrogen and Sungrow Hydrogen are also exploring expanding Next Hydrogen’s North American manufacturing footprint. This approach ensures localized production capabilities while maintaining supply chain flexibility and compliance with evolving regional clean energy policies.
“Sungrow Hydrogen is one of the largest water electrolyzer companies globally, with a dominant market share in China and strong backing from its parent company, which was recently rated No. 1 for bankability by Bloomberg NEF,” said Raveel Afzaal, President & CEO of Next Hydrogen. “By leveraging Sungrow Hydrogen as an OEM partner, we can accelerate our path to market and efficiently scale production to meet demand for large-scale green hydrogen projects.”
“Next Hydrogen has developed an innovative electrolyzer design optimized for direct connection to renewables,” said Mr. Peng Chaocai, VP of Sungrow and Chairman of Sungrow Hydrogen. “We will apply our technical innovation, commercialization and manufacturing expertise to help scale production, while also leveraging Next Hydrogen’s deep knowledge of the North American market. Together, we will combine our expertise in water electrolysis to deliver the best products at the best price, driving large-scale adoption of green hydrogen worldwide.”
This strategic partnership positions both companies to accelerate the transition to green hydrogen, providing scalable, cost-effective solutions to support global clean energy goals.
About Next Hydrogen Solutions Inc.
Founded in 2007, Next Hydrogen Solutions Inc. is a designer and manufacturer of water electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as a green energy source or a green industrial feedstock. 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. For further information: www.nexthydrogen.com
About Sungrow Hydrogen.
Sungrow Hydrogen, a subsidiary of Sungrow (Stock Code: 300274), specializes in water electrolysis technology for hydrogen production. Its main products include PWM hydrogen production power supply, ALK electrolyzer, PEM electrolyzer, gas-liquid separation system, hydrogen purification equipment. Sungrow Hydrogen is committed to providing “efficient, intelligent, safe” flexible green hydrogen production system solutions. With a highly professional R&D team, the company has filed over 480 patents as well as copyright certificates, and participated in industry standard-setting. It has constructed a state-of-the-art 30MW water electrolysis hydrogen production empirical platform and established a key materials and product research center in China, as well as the Sungrow European Research Institute in Germany. Additionally, Sungrow Hydrogen owns a world-class intelligent manufacturing plant with an annual production capacity of 3GW. Sungrow Hydrogen, guided by its value proposition of “Bridge to the ultimate energy,” leads in flexible green hydrogen production and electro-hydrogen integration technologies, creating significant value for global clients.
Next Hydrogen Contact Information
Raveel Afzaal, President and Chief Executive Officer
Next Hydrogen Solutions Inc.
Email: rafzaal@nexthydrogen.com
Phone: 647-961-6620
www.nexthydrogen.com
Sungrow Hydrogen Contact Information
Email: hydrogen@sungrowpower.com
Phone: +86-0551-65323120
en.sungrowpower.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
When will Next Hydrogen (NXHSF) begin large volume production at Sungrow's facility?
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How will the Sungrow partnership benefit Next Hydrogen (NXHSF) operations?
