09:56 AM EDT, 08/19/2024 (MT Newswires) -- Next Hydrogen Solutions ( NXHSF ) , a designer and manufacturer of electrolyzers trading near its 52-week low, on Monday won a contract from the University of Minnesota to install the company's latest generation electrolysis technology at the campus' West Central Research and Outreach Center (WCROC).

The third-generation Alkaline Water Electrolyzers feature improvements in energy efficiency, current density and operating pressure, and provide renewable energy load following capability needed to produce hydrogen from intermittent energy sources such as wind and solar.

The WCROC project is supported by the U.S. Department of Energy's Advanced Research Project Agency as well as other partners including RTI International (RTI) and will include technologies from Casale, RTI and UMN to demonstrate the production of ammonia from renewable energy targeting emerging energy markets and existing agricultural markets.

The system is scheduled to be operational next year.

"Our technology provides a compelling alternative to more expensive options for producing hydrogen from renewable energy," said Next Hydrogen President and CEO Raveel Afzaal.

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