Next Hydrogen Solutions leading the way in green revolution
July 10, 2023 at 04:37 pm
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Raveel Afzaal, CEO of Next Hydrogen Solutions, joined Proactive to discuss exciting news regarding the company's endeavors in the clean energy sector. Next Hydrogen Solutions specializes in designing and manufacturing electrolyzers that utilize water and electricity to produce clean hydrogen, which serves as a sustainable energy source.
Afzaal proudly shared that the company has recently been granted a substantial $5.1 million from Sustainable Development Technology Canada. This grant will be instrumental in supporting the development and demonstration of Next Hydrogen Solutions' next-generation electrolysis technology. Additionally, Afzaal revealed that the company has successfully secured partnerships with five renowned industry leaders, further validating their innovative solutions. These partnerships have resulted in letters of commitment totaling $1.5 million, which will be dedicated to the advancement of Next Hydrogen Solutions' product development roadmap.
Looking ahead to 2023, the CEO highlighted significant milestones for the company. These include the highly anticipated launch of a second-generation product line, boasting superior energy efficiency, reduced costs, and enhanced reliability compared to its predecessor. These advancements will undoubtedly contribute to Next Hydrogen Solutions' mission of providing cutting-edge solutions for the production of clean and sustainable hydrogen.
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Proactive Canada
+1 604-688-8158
na-editorial@proactiveinvestors.com
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Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Next Hydrogen Solutions Inc. is a Canada-based designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. The Companyâs cell design architecture is supported by approximately 40 patents, which enables high-current density operations to convert intermittent renewable electricity into green hydrogen on an infrastructure scale. The Company is focused on scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors. Its product is a large-scale hydrogen generator, which makes hydrogen at the user's site from common plant utilities - water and electricity. The hydrogen generator system uses water electrolysis to generate high-purity hydrogen on demand. The Company's products include Model NH-100, Model NH-300 and Model NH-500. The Company's Industrial Hydrogen is used for many processes such as refining and fertilizer production.
NEXT HYDROGEN SOLUTIONS INC. 
