Electric Hydrogen Co. (“EH2”), a manufacturer of advanced, industrial-scale hydrogen electrolyzer technology, announced the location of its first factory in Devens, Massachusetts. The company has leased a newly constructed 187,000 ft2 facility and is now hiring production team members. The Devens factory will have an annual manufacturing capacity of 1.2GW with production of EH2’s 100MW green hydrogen electrolyzers commencing in Q1 2024.
“Our company has a single purpose: to make molecules to decarbonize our world,” stated Dr. David Eaglesham, EH2’s Chief Technology Officer and Co-founder. “Industrial sectors such as fertilizer and steel need new ways to reliably replace fossil resources at costs that work. The machines we will produce at our new factory in Devens will have a transformational impact by enabling ultra-low-cost green hydrogen at an industrial scale.”
Green hydrogen, made by breaking the chemical bonds of water using renewable electricity, is a growth industry that can make an immediate impact on the global climate crisis. Electric Hydrogen expects its technology to establish the standard for industry-wide cost reduction to make green hydrogen cheaper than fossil alternatives.
“Electric Hydrogen Co’s new factory in Devens will harness state-of-the-art technology and bright minds in Massachusetts to produce fossil-free hydrogen from water and renewable electricity – creating jobs, helping industries transition away from fossil fuels, and curbing emissions,” said Senator Elizabeth Warren. “I fought hard for the Bipartisan Infrastructure Law and Inflation Reduction Act, which have accelerated the growth of green energy jobs and are the largest investments in tackling climate change in the history of the world.”
“We are excited EH2 will expand its footprint and add good, high-tech jobs with this new manufacturing facility in Devens,” said Massachusetts Economic Development Secretary Yvonne Hao. “EH2’s cutting-edge hydrogen electrolyzer technology will help our state and country reach our ambitious decarbonization goals, and we’re grateful for the company’s investment in Massachusetts.”
“I am thrilled to welcome Electric Hydrogen to the Third District. I proudly voted for the Inflation Reduction Act and Bipartisan Infrastructure Law because I knew that investments in clean energy would pay dividends not only for our climate, but also for our local economy,” said Congresswoman Lori Trahan. “Electric Hydrogen brings with it good-paying manufacturing jobs, and the company is not alone. Towns like Devens are rapidly growing into incubators for revolutionary clean energy technologies with jobs ready to meet the demands of the 21st century.”
SOURCE: Businesswire