Electric Hydrogen has entered into a collaboration with Ingeteam, a prominent European provider of power conversion systems, to drive efficiency and cost reduction in large-scale green hydrogen projects across Europe. This partnership aims to combine American electrolyzer innovation with European manufacturing expertise to address the cost challenges in green hydrogen production, particularly in power conversion. Ingeteam will supply rectifier systems for Electric Hydrogen's 100-megawatt electrolyzer plants, with successful integration already achieved in the company's facilities in California and Massachusetts. By optimizing technology together, the collaboration has significantly reduced costs by up to 60% compared to industry benchmarks. This cost optimization enhances the economic viability of clean hydrogen projects, facilitating their wider adoption in various industries. The alliance also aligns with the European Union's decarbonization objectives by merging Electric Hydrogen's PEM electrolyzer technology with Ingeteam's manufacturing capabilities. The goal is to bolster competitiveness in the clean hydrogen market and meet regional standards while ensuring supply chain resilience. The joint expertise of the companies not only benefits European customers but also contributes to advancing energy independence and sustainability by optimizing project costs for industrial operators in Spain and beyond.