Hydrogenics Corporation HYGS -0.34% CA:HYG +0.67% ("Hydrogenics"), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, today announced it has been awarded a CAD$3.8 million contract to supply a micro-grid energy storage application in Canada.
This energy storage project will store surplus wind energy as hydrogen using a Hydrogenics HySTAT60 electrolyzer operating at 320 kW of energy absorption. The hydrogen will be stored on-site and then converted back to energy when needed using a Hydrogenics HyPM-R200 fuel cell system generating 200kW of energy. This project, when complete, will replace a current system that uses diesel generation thus resulting in a much lower carbon footprint.
"We are pleased that Hydrogenics' electrolyzer and fuel cell technology is being used for micro-grid energy storage in Canada," said Daryl Wilson, Hydrogenics' CEO. "We believe that this project paves the way for larger clean energy generation and storage opportunities in remote communities such as those in the Canadian North and elsewhere that are not connected to a broader power grid."
Hydrogenics expects to deliver this project in late 2014.
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