Hydrogenics Corporation (Nasdaq:HYGS) (TSX:HYG), a leading developer and
manufacturer of hydrogen generation and power systems products, has been chosen
as a top ten organization offering the most promising military-related
technologies by the Clean Technology and Sustainable Industries Organization (CTSI)
www.ct-si.org, in partnership with Arsenal Venture Partners and TechConnect
www.techconnect.org. The Company's 'Power to Gas' energy storage solution earned
this recognition from a field of over 250 global applicants across the full
energy spectrum.
This recognition earns Hydrogenics the opportunity to attend the Asia Pacific
Clean Energy Summit (APCES) in Honolulu in August to pitch its 'Power to Gas'
solution to the U.S. Department of Defense partners, as well as energy industry
professionals, investors, utilities, and corporate strategic groups. APCES is a
forum that brings together industry and government energy leaders to exchange
ideas, showcase technology companies, and build partnerships to solve critical
energy problems.
"The electrolysis of water into hydrogen using excess energy from wind and solar
sources is the optimal pathway to increase the renewable content in our energy
system mix, which is becoming an increasing priority for energy security all
over the world, including the United States." said Daryl Wilson, President and
CEO of Hydrogenics. "This recognition to present the potential of Power to
Gas technology at the upcoming APCES event is an exciting validation for
our technology."
Power to Gas has considerable benefits for electrical grid systems with
increasing renewable energy content. The introduction of renewable solar or wind
energy in a power system results in fluctuations that destabilize the grid.
Generation and storage of hydrogen from water electrolysis technology, powered
by excess renewable energy, is capable of balancing these fluctuations and
allowing energy to be stored for long periods of time.
Chile, Santiago
Jordan, Amman,
Azerbaijan, Baku,
Benin, Porto-Novo
Tampa Florida USA
Greece, Athens
Japan Tokyo City
Colombia, Bogotá
Hamilton Victoria Australia
Nauru Republic of Nauru, Yaren District
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