Electric Hydrogen has reached a comprehensive framework supply agreement with AES Corp. for up to 1 GW of large-scale electrolyzer plants to produce low-cost, green H₂ from renewable energy.

This supply reservation agreement includes commercial requirements for AES to order up to 1 GW of fully integrated, low-cost 100-MW electrolyzer plants from Electric Hydrogen.

“AES’ expertise in power markets, project development and new technology integration are best-in-class,” said Raffi Garabedian, CEO of Electric Hydrogen. “We’re excited to help AES deliver on the promise of green H₂ and look forward to partnering with them on their future H₂ projects.”

Electric Hydrogen’s 100-MW high-tech electrolyzer plants feature the capability to follow variable renewable energy resources allowing customers to optimize energy use and maximize project returns. The plants are designed and manufactured in the U.S., and the company is presently pre-fabricating its first customer-sited plant in Texas and has two operating plants in California.

“Electric Hydrogen’s innovative technology and large-scale product enables AES to offer cost effective decarbonization solutions for our customers in the most difficult to decarbonize sectors,” said Ashley Smith, Chief Innovation Officer, AES. “AES is taking steps to secure our supply chain proactively as we strategically grow our green H₂ business.”

Electric Hydrogen’s roadmap to scale high-rate manufacturing in the U.S. is intended to make green H₂ competitive with fossil fuel resources by 2030. That roadmap also will allow U.S. electrolyzer manufacturing to outstrip low-tech electrolyzer alternatives, such as alkaline products currently mass-produced in China.

The procurement reservation agreement enables AES to develop additional green H₂ projects, capitalizing on Electric Hydrogen’s project scale, efficiency and low capital costs.