Hexagon Purus has received an order worth around €3.8 million for hydrogen storage systems from German company HPS Home Power Solutions with deliveries scheduled to start in Q2.
They will be used in HPS Home Power Solutions AG’s ‘picea’ product, which enables solar power to be used as green hydrogen all year round.
Solar power from photovoltaic modules is used to provide electricity in the summer, and surplus solar power can be used to produce green hydrogen from water using an electrolyser, providing electricity in winter. The storage and use of the compact 1.62 sqm unit, which offers 17 kWh (net) battery capacity, is emissions free.
Matthias Kötter, Managing Director & Sitelead, said, “Our high-pressure hydrogen storage systems are flexible and scalable, suitable for a wide range of applications, such as storing baseload energy from solar plants.”
The power and building energy sectors account for close to 40% of annual carbon emissions globally, and hydrogen has a significant role to play in reducing these emissions, particularly as baseload electricity from renewable electricity sources such as solar and wind.
Making green hydrogen available for use in power and building energy is critical to reducing carbon emissions.
As hydrogen, a key contributor to the energy transition, continues to build momentum globally, more than 30 countries have released hydrogen roadmaps.
According to the Hydrogen Council, the number of announced hydrogen projects grew in 2023 by about 35% to over 1,400, equaling $570bn investments. Green hydrogen is projected to supply up to 25% of the world’s energy needs by 2050.
Hexagon Purus is busy targeting opportunities across the hard-to-abate spectrum.
Wholly owned subsidiary Hexagon Purus Maritime moved to new premises in Ålesund in February, in line with increasing demand for hydrogen storage solutions for maritime applications, supplying Type 4 high-pressure cylinders. HPS’s ESG rating was upgraded from ‘Medium Risk’ to ‘Low Risk’ in the same month.
