Articles from Electric Hydrogen
PECOS, Texas, May 19, 2025 (GLOBE NEWSWIRE) -- Electric Hydrogen, an American manufacturer of high-power electrolyzer plants, announced today that Infinium, a leading producer of commercial eFuels, has selected Electric Hydrogen’s 100 megawatt (MW) HYPRPlant for its large-scale eFuels facility in Texas, Project Roadrunner.
By Electric Hydrogen · Via GlobeNewswire · May 19, 2025

DEVENS, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Uniper has selected Electric Hydrogen as its exclusive partner to design a 200 megawatt (MW) electrolyzer plant for the large-scale electrolysis within Uniper’s Green Wilhelmshaven project in Northern Germany. Electric Hydrogen began conducting the preliminary front-end engineering design (“pre-FEED”) work for the project in October 2024.
By Electric Hydrogen · Via GlobeNewswire · November 18, 2024

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.
By Electric Hydrogen · Via Business Wire · May 9, 2024

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.
By Electric Hydrogen · Via Business Wire · April 4, 2024

Electric Hydrogen has been awarded a $46.3M grant by the Department of Energy (DOE), under the Bipartisan Infrastructure Law’s Clean Electrolysis Program. Electric Hydrogen was selected for its rapid technology advancements in electrolyzer manufacturing.
By Electric Hydrogen · Via Business Wire · March 14, 2024

Today ELECTRIC HYDROGEN (EH2) announced the successful completion of an oversubscribed $380 million Series C financing. The new capital will accelerate the company’s manufacturing and deployment plans to meet strong customer demand for its power-dense green hydrogen systems.
By ELECTRIC HYDROGEN · Via Business Wire · October 3, 2023

Electric Hydrogen (EH2) today announced a $198 million financing to support their efforts in making cost competitive fossil-free hydrogen. The round consisted of Series B equity and venture debt from top investors. Fifth Wall Climate Tech led the round, with participation by S2G Ventures, and lenders Silicon Valley Bank and Trinity Capital. Strategic investors included Amazon’s Climate Pledge Fund, Cosan, Equinor Ventures, Honeywell, Mitsubishi Heavy Industries, and Rio Tinto. Previous investors Breakthrough Energy Ventures, Capricorn Partners, Energy Impact Partners, and Prelude Ventures also participated.
By Electric Hydrogen · Via Business Wire · June 22, 2022