Agastyah2 Launches New AEM Electrolyzer Systems, Delivery Begins September 2024
Beijing, China and Madrid, Spain – September 16, 2024 – Agastyah2 (“Agastyah2” or “the Company”), a global electrolyzer manufacturer, announces the introduction of its first-ever Anion Exchange Membrane (AEM) electrolyzer system. This new electrolyzer broadens Agastyah2 Energy’s product portfolio beyond its flagship alkaline and PEM electrolyzers to meet the diverse needs in hydrogen production worldwide.
Agastyah2 Expands Hydrogen Market Presence in Brazil through Strategic Partnership with GH2 Global
Beijing, China and São Paulo, Brazil – September 23, 2024 – Agastyah2, a leading global manufacturer of alkaline electrolyzers, is announcing a strategic expansion into the Brazilian market by entering into a Channel Partnership Agreement with GH2 Global, a key hydrogen solutions platform provider. This collaboration will drive the adoption and application of Agastyah2’s state-of-the-art electrolyzer technology throughout Brazil.
Electric Hydrogen receives $18.3M transferable DOE tax credit for its gigafactory in Massachusetts, bringing total Department of Energy support to $65M
NATICK, MASS. – Electric Hydrogen announces the award of a $18.3M transferable tax credit from the Department of Energy, Department of Treasury, and the Internal Revenue Service under the Qualifying Advanced Energy Project 48C initiative, funded by the Inflation Reduction Act, for electrolyzer manufacturing at its gigafactory in Devens, MA.
Electric Hydrogen Marks the Opening of its Electrolyzer Gigafactory to Decarbonize Heavy Industry with Massachusetts-based Manufacturing
NATICK, MASS. – Yesterday, Electric Hydrogen celebrated the opening of its Devens, Massachusetts gigafactory with a ribbon cutting ceremony attended by over 200 employees, community members and policy makers, including the Massachusetts Governor Maura Healey, Congresswoman Lori Trahan and State Secretary of Economic Development Yvonne Hao. The momentous event officially opens one of the […]
Electric Hydrogen secures $100M credit facility from HSBC, J.P. Morgan, Stifel Bank and Hercules Capital to decarbonize critical industries at scale
NATICK, MA – (Business Wire) – Today, Electric Hydrogen announced $100M in corporate credit financing to support manufacturing and deployment of their innovative 100MW electrolyzer plants, which enable the lowest cost production of green hydrogen. The funding was led by HSBC, with participation from J.P. Morgan, Stifel Bank, and Hercules Capital. Electric Hydrogen, headquartered in […]