This supply reservation agreement includes commercial requirements for AES to order up to 1 GW of fully integrated, low-cost 100MW electrolyzer plants from Electric Hydrogen.
“AES’ expertise in power markets, project development and new technology integration are best-in-class,” said Raffi Garabedian, CEO of Electric Hydrogen. “We’re excited to help AES deliver on the promise of green hydrogen and look forward to partnering with them on their future hydrogen projects.”
Electric Hydrogen’s 100 MW electrolyzer plants feature the capability to follow variable renewable energy resources allowing customers to optimize energy use and maximize project returns. The plants are designed and manufactured in the US, and the company is presently pre-fabricating its first customer-sited plant in Texas and has two operating plants in California.
“Electric Hydrogen’s innovative technology and large-scale product enables AES to offer cost effective decarbonization solutions for our customers in the most difficult to decarbonize sectors,” said Ashley Smith, Chief Innovation Officer, AES. “AES is taking steps to secure our supply chain proactively as we strategically grow our green hydrogen business.”
