GE Vernova and Next Hydrogen Sign MoU to Integrate Electrolysis Technology with Power Systems to Produce Green Hydrogen
November 21 2023 - 6:00AM
GE Vernova’s Power Conversion business and Next Hydrogen Solutions
Inc. have signed a memorandum of understanding to integrate Next
Hydrogen’s electrolysis technology with GE Vernova’s power systems
offerings to produce green hydrogen.
The process of producing hydrogen involves the separation of
water molecules into hydrogen and oxygen through electrolysis, a
process that requires a significant amount of efficient and
reliable electricity. Green hydrogen is a gas that is produced
using a process that generates little to no greenhouse gas
emissions and serves as a component for eFuels and ammonia
products. The integration of GE Vernova’s power conversion
technology provides Next Hydrogen water electrolyzers with direct
current (DC) power sourced from renewable energy, including solar,
wind, and hydro. GE Vernova’s Power Conversion will integrate DC
power supplies along with power quality such as synchronous
condensers, energy storage, motors and drives for compression and
water, and controls with Energy Management (EMS).
“Next Hydrogen is pleased to partner with GE Vernova given its
established market channels, broad ability to reach a large number
of customers, and its solid track record on project delivery and
execution,” said Raveel Afzaal, president and CEO of Next Hydrogen.
“Our partnership with GE Vernova supports Next Hydrogen's
commitment to pioneering innovative green hydrogen technologies,
addressing climate change, and promoting global energy
sustainability for a cleaner future,” he added.
"We are poised to drive the hydrogen revolution and contribute
to decarbonization in diverse market segments, such as industrial
gas, power, marine, and O&G industries by delivering turnkey
systems that seamlessly incorporate Next Hydrogen electrolyzers,"
said Rodrigo Elias, general manager North America for GE Vernova’s
Power Conversion business.
In its inaugural phase, GE Vernova and Next Hydrogen plan to
pioneer advanced power systems that align with the forthcoming
generation of Next Hydrogen electrolyzers, which are scheduled to
launch in 2024. This collaborative effort will encompass
installation, rigorous testing, and the seamless integration of a
Next Hydrogen water electrolyzer with a power supply meticulously
designed and fabricated by GE Vernova.
Subsequent phases of this dynamic partnership will focus on
near-term market demonstrations and deployments, paving the way for
expanded large-scale commercial green hydrogen initiatives.
About GE Vernova
GE Vernova is a planned, purpose-built global energy company
that includes Power, Wind, and Electrification segments and is
supported by its accelerator businesses of Advanced Research,
Consulting Services, and Financial Services. Building on over 130
years of experience tackling the world’s challenges, GE Vernova is
uniquely positioned to help lead the energy transition by
continuing to electrify the world while simultaneously working to
decarbonize it. GE Vernova helps customers power economies and
deliver electricity that is vital to health, safety, security, and
improved quality of life. GE Vernova is headquartered in Cambridge,
Massachusetts, U.S., with more than 80,000 employees across 140+
countries around the world. GE Vernova’s Power
Conversion business provides energy conversion
technologies, systems, and services across the power and
energy-intensive industries, driving the electric transformation of
the world’s energy and industrial infrastructure.
GE Vernova’s mission is embedded in its name – it retains its
legacy, “GE,” as an enduring and hard-earned badge of quality and
ingenuity. “Ver” / “verde” signal Earth’s verdant and lush
ecosystems. “Nova,” from the Latin “novus,” nods to a new,
innovative era of lower carbon energy. Supported by the Company
Purpose, The Energy to Change the World, GE Vernova will help
deliver a more affordable, reliable, sustainable, and secure energy
future. Learn more: GE Vernova and LinkedIn.
About Next Hydrogen SolutionsFounded 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. For further
information: www.nexthydrogen.com
For media
inquiries, contact: |
Anshul MadaanGE VernovaMedia
RelationsAnshul.madaan@ge.com |
Raveel Afzaal, President and
Chief Executive OfficerNext Hydrogen Solutions Inc.Email:
rafzaal@nexthydrogen.com |
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