MISSISSAUGA, Ontario, Dec. 20, 2022 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen“) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to announce that it has been awarded $5.1 million from Sustainable Development Technology Canada (SDTC) towards the development and demonstration of the Company’s next generation electrolysis technology.
This collaborative project with a budget of over $12 million will run to the end of 2024, resulting in cost and performance improvements to Next Hydrogen’s current line of electrolysis products (up to 2.25 MW) and the launch of next generation large-scale electrolysis modules (over 7 MW). With the launch of these products, Next Hydrogen will be well positioned to support the needs of its customers for both near-term market demonstrations and commercial large-scale…
Next Hydrogen to Receive Investment of $5.1 Million from
