EVOLOH Secures Major Supply Agreement for Revolutionary Electrolyzers in Low-Carbon Hydrogen Drive
Key Ideas
- EVOLOH, a cleantech company, has signed a supply agreement for 0.5 GW of electrolyzer stacks, marking a significant step towards global low-carbon hydrogen accessibility.
- The company's efficient manufacturing process, using a domestic supply chain and advanced technology, allows for quick production compared to traditional methods.
- EVOLOH is expanding its testing capabilities in Santa Clara and Lowell and is in negotiations for commercial demonstration projects starting from 2026.
- The company has raised over $40 million in funding to support its growth and the production of advanced electrolyzers for the market.
EVOLOH, Inc., a cleantech company based in Santa Clara, CA, has achieved a significant milestone by securing a supply agreement for 0.5 gigawatts of revolutionary electrolyzers for low-carbon hydrogen production. The company's patented NautilusTM platform of advanced liquid alkaline electrolyzers is at the forefront of green hydrogen technology. By leveraging a 100% domestic supply chain and an efficient manufacturing process, EVOLOH aims to make low-carbon hydrogen more accessible globally.
The recent supply agreement, signed with a US-based renewable energy developer, includes a non-refundable deposit towards the purchase cost of the electrolyzer stacks. EVOLOH's scalable manufacturing technology allows for rapid production, with the company planning to complete its Lowell, MA Manufacturing Center of Excellence soon.
EVOLOH's founder and CEO, Dr. Jimmy Rojas, highlighted the industry-leading features of their electrolyzer technology, emphasizing the speed and efficiency of their manufacturing process. The company is currently commissioning a pilot testing facility in Santa Clara, where they will test stacks ranging from tens to several hundred kilowatts in power. Additionally, a pilot facility in Lowell, MA, is set to be established in 2025 for factory acceptance testing of full stacks up to one megawatt.
To support its expansion and commercial demonstration projects, EVOLOH has secured over $40 million in funding through various sources. The company's low-cost manufacturing approach has gained significant investor support, positioning them as a key player in the emerging hydrogen market. With ongoing negotiations for larger projects and continuous technological advancements, EVOLOH is poised to play a vital role in driving the transition to a greener energy future.