NXH Next Hydrogen Solutions Inc

Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen“) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to announce that it has successfully completed an extended durability test of its GEN2 electrolysis cells used in the efficient production of green hydrogen. The GEN2 cells will now be deployed in Next Hydrogen electrolysers at customer sites for commercial operation.

Next Hydrogen previously reported that it has achieved leading efficiency of its GEN2 cells in October of 2023(1). The GEN2 cell performance of lower than 1.9 V per cell at 1 amp/cm2 and at 70oC exceeds reported US Department of Energy (DOE) technical targets status for energy efficiency, while maintaining a 2 times higher peak operating point(2). Further, a turn-down of 10% demonstrated best-in-class performance and an optimal solution for direct connection to renewables to produce green hydrogen.

Equally important is the cell performance durability, and widely accepted testing protocols have been applied to confirm minimal degradation under intermittent operation as required for renewable energy supplied systems. Furthermore, 3,000 hours of cyclic testing have recently been successfully surpassed, providing the confidence to commercially deploy.

The GEN2 cells will be applied to Next Hydrogen’s modular product line in sizes of 0.75MW, 1.5MW and 2.25MW and offer the best commercially available performance features.

Raveel Afzaal, President and CEO of Next Hydrogen, stated, “This represents a significant milestone for us as we move into product commercialization. We are also upsizing our products and plan to demonstrate an even larger and more efficient GEN3 product version in 2025 based on leveraging our GEN2 success.”

About Next HydrogenFounded in 2007, Next Hydrogen is a designer and manufacturer of electrolyzers that use water and electricity as inputs to generate clean hydrogen for use as an energy source. Next Hydrogen’s unique cell design architecture supported by 40 patents enables high current density operations and superior dynamic response to efficiently convert intermittent renewable electricity into green hydrogen on an infrastructure scale. Following successful pilots, Next Hydrogen is scaling up its technology to deliver commercial solutions to decarbonize transportation and industrial sectors.

Contact Information

Raveel Afzaal, President and Chief Executive OfficerNext Hydrogen Solutions Inc.Email: rafzaal@nexthydrogen.comPhone: 647-961-6620www.nexthydrogen.com

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