GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with GE Vernova’s power systems offerings to produce green hydrogen.
The process of producing hydrogen involves the separation of water molecules into hydrogen and oxygen through electrolysis, a process that requires a significant amount of efficient and reliable electricity. Green hydrogen is a gas that is produced using a process that generates little to no greenhouse gas emissions and serves as a component for eFuels and ammonia products. The integration of GE Vernova’s power conversion technology provides Next Hydrogen water electrolyzers with direct current (DC) power sourced from renewable energy, including solar, wind, and hydro. GE Vernova’s Power Conversion will integrate DC power supplies along with power quality such as synchronous condensers, energy storage, motors and drives for compression and water, and controls with Energy Management (EMS).
“Next Hydrogen is pleased to partner with GE Vernova given its established market channels, broad ability to reach a large number of customers, and its solid track record on project delivery and execution,” said Raveel Afzaal, president and CEO of Next Hydrogen. “Our partnership with GE Vernova supports Next Hydrogen's commitment to pioneering innovative green hydrogen technologies, addressing climate change, and promoting global energy sustainability for a cleaner future,” he added.
Key data points: The growth forecast = 22% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market to 2031 by type (aqueous solution electrolysis tank, molten salt electrolytic cell, and non aqueous solution electrolytic cell), application (chemical plant, thermal power generation, hydrogen refueling station, renewable hydrogen production, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages"We are poised to drive the hydrogen revolution and contribute to decarbonization in diverse market segments, such as industrial gas, power, marine, and O&G industries by delivering turnkey systems that seamlessly incorporate Next Hydrogen electrolyzers," said Rodrigo Elias, general manager North America for GE Vernova’s Power Conversion business.
In its inaugural phase, GE Vernova and Next Hydrogen plan to pioneer advanced power systems that align with the forthcoming generation of Next Hydrogen electrolyzers, which are scheduled to launch in 2024. This collaborative effort will encompass installation, rigorous testing, and the seamless integration of a Next Hydrogen water electrolyzer with a power supply meticulously designed and fabricated by GE Vernova.
Subsequent phases of this dynamic partnership will focus on near-term market demonstrations and deployments, paving the way for expanded large-scale commercial green hydrogen initiatives.
