HydrogenPro AS has announced that the purchase contract from Mitsubishi Power Americas, Inc. (Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI)) for an initial delivery of 40 electrolyser systems has been converted into a firm purchase order.
The initial value of the contract exceeds USD 50 million for HydrogenPro’s scope of delivery. The engineering, procurement and construction (EPC) and other system deliverables for a turn-key electrolyser green hydrogen production plant will be supplied by other companies.
A non-refundable commitment was made by Mitsubishi Power in February, enabling HydrogenPro to prepare for production.
“This is one of the largest electrolyser system contracts ever, and it illustrates the accelerating green energy transition currently taking place in the United States. This presents tremendous market potential for the hydrogen industry,” says Elling Nygaard, CEO of HydrogenPro.