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25 min ago 2 min read
Set to be Evoloh’s largest electrolyser deployment to date, the system will use its Nautilus AEM electrolyser stacks and is expected to be operational by 2027.
Jointly operated with 3M, the project will support emissions reduction at the site, qualifying for the 45V clean hydrogen production tax credit, which can provide up to $3/kg for low-carbon hydrogen production.
The company claims it will be capable of green hydrogen production at below $2/kg.
3M Ventures, the venture capital branch of 3M, is an existing investor in Evoloh, having participated in its $20m Series A funding round in 2024.
Evoloh said it is also preparing for growth-stage fundraising later this year.
Dr Jimmy Rojas, CEO of Evoloh, said the deployment will validate the S440 system at commercial scale under industrial conditions.
AEM remains a nascent hydrogen production technology. While it’s pitched as a low-capex alternative that can achieve the small footprint and flexibility of PEM without the use of precious metals or PFAS, it remains susceptible to degradation.
German firm Enapter its new AEM electrolyser stack designed for 100MW-plus installations, marking a significant increase in the scale ambitions of AEM electrolysis.
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