Hydrogenics

Hydrogenics is a developer and manufacturer of hydrogen generation and fuel cell products based on water electrolysis and proton-exchange membrane (PEM) technology. Hydrogenics is divided into two business units: OnSite Generation and Power Systems. Onsite Generation is headquartered in Oevel, Belgium and had 73 full-time employees as of December 2013. Power Systems is based in Mississauga, Ontario, Canada, with a satellite facility in Gladbeck, Germany. It had 62 full-time employees as of December 2013. Hydrogenics maintains operations in Belgium, Canada and Germany with satellite offices in the United States, Indonesia, Malaysia and Russia. The OnSite Generation business segment is based on water electrolysis technology, which involves the decomposition of water into oxygen () and hydrogen gas (H2) by passing an electric current through a liquid electrolyte. The resultant hydrogen gas is then captured and used for industrial gas applications, hydrogen fueling applications, and is used to store renewable and surplus energy in the form of hydrogen gas. Hydrogenics' HySTAT electrolyzer products can be used both indoors and outdoors. The Power Systems business segment is based on PEM fuel cell technology, which transforms chemical energy resulting from the electrochemical reaction of hydrogen and oxygen into electrical energy. (Edgar) Its HyPM products can handle electrical power outputs ranging from 1 kilowatt to 1 megawatt. The company also develops and delivers hydrogen generation products based on PEM water electrolysis. Power to gas Power-to-Gas is an energy process and storage technology, which takes the excess power generated by wind turbines, solar power, or biomass power plants and converts carbon dioxide and water into methane using electrolysis, enabling it be stored. The excess electricity can then be held in existing reserves, including power and natural gas grids. This allows for seasonally adjusted storage of significant amounts of power and the provision of -neutral fuels in the form of the resulting renewable energy source gas.