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Facility will accelerate commercialization of company s RuggedCell large-scale Green Hydrogen production systems, targeting an overall Green Hydrogen market forecasted at $10 trillion by 2050
OWEN SOUND, ON / ACCESSWIRE / February 5, 2021 / Hydrogen Optimized Inc. today took a major step toward its goal of becoming a global leader in large-scale Green Hydrogen production systems by securing a new technology and manufacturing centre. The facility is located in Owen Sound, Ontario, Canada, part of the Grey-Bruce Hydrogen Hub.
The company s RuggedCell water electrolysis systems are targeted to major industrial, chemical, utility and energy end users, which represent the largest segment of an overall addressable Green Hydrogen market that Goldman Sachs forecasts could reach over $10 trillion by 2050 . Targets have already been established in Europe: the EU s Hydrogen Strategy aims for at least 40,000 megawatts (MW) of renewable hydrogen electrolyzers by 2030 . ....

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