<aside> 💡 Founded in the U.S. in 2020, Electric Hydrogen Co. is a global manufacturer of high-power electrolyzer plants that aims to provide the "lowest-cost clean hydrogen." At the core of the company's business vision is the fundamental resolution of cost challenges that have hindered the societal adoption of clean hydrogen, achieved through innovative technology and manufacturing strategies.
The company's core solution, the "HYPRPlant," is said to reduce total installed costs by up to 60%, dramatically enhancing the economic viability of clean hydrogen projects. This strength is supported by the "world's most powerful advanced PEM stack," which is at the heart of the HYPRPlant. High-power stacks are believed to reduce the number of units required for the same production volume, contributing to a more compact plant footprint and overall cost reduction.
Furthermore, it is said that the HYPRPlant integrates all necessary subsystems and ships in a pre-engineered state, which minimizes complex on-site integration work. This leads to a reduction in project development risks and a shortening of construction periods, thereby increasing the solution's appeal as a business offering. In terms of manufacturing, the company has established a gigafactory in Massachusetts, U.S.A., with an annual production capacity of 1.2 GW. By applying proven manufacturing techniques from mature industries like the automotive, semiconductor, and solar energy sectors, it is pursuing economies of scale and stable quality.
The markets for the company's technology are diverse, including refineries, e-Fuels, critical industries such as metals, chemicals, and cement, as well as ammonia production, all of which are considered difficult to decarbonize. The company's business model, which supplies cost-competitive clean hydrogen to these immense markets, holds the potential to form the foundation of global decarbonization, and the company's future endeavors are highly anticipated. (AS)
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