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11.17.2022

New contract : Elogen announces the signature of a multi-year framework supply agreement with Charbone for the supply of PEM electrolysers up to 100 MW, for the North American market

Following the letter of intent signed in June 2022[1], Elogen announces today the signature of a multi-year supply framework contract with Corporation Charbone Hydrogène (Charbone).

Under this contract, Elogen will supply Charbone with PEM electrolysers for a total capacity of up to 100 megawatts over a period of 4 years (2023-2026). The electrolysers to be supplied will consist of the full portfolio of products offered by Elogen, ranging from 0.5 MW to 5 MW and will be used for Charbone’s North American green hydrogen projects.

In addition, Elogen will provide certain services related to the installation, commissioning, start-up and operation and maintenance services, as well as training of Charbone personnel locally.

The supply framework contract also provides that Charbone can ensure the assembly, and/or the local manufacturing in Canada and the United States, of the PEM electrolysers and other components, under the supervision of Elogen.

Jean-Baptiste Choimet, Managing Director of Elogen, declares: “This framework contract concluded with Charbone is fully in line with our desire to forge long-term partnerships with local players. We are delighted with this collaboration with Charbone, a company focused on innovation, with which we share an ambitious vision regarding the development of green hydrogen production.”

 

Dave Gagnon, Chief Executive Officer and Chairman of the Board of Charbone, says: “With this agreement, we are securing our electrolyser supply chain for the many projects we have announced and those currently in development. The dynamism and combined strengths of Elogen and Charbone form a solid and strong team to contribute to the activation of the energy transition and the decarbonisation of the Canadian and North American economy. »

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Elogen, a GTT group company

For more information, visit gtt.fr.

Media contact: 

press@gtt.fr / +33 (0)1 30 23 48 45

 

Investor Relations contact: 

information-financiere@gtt.fr / + 33 (0)1 30 23 20 87

 

[1] Read the press release published on June 29, 2022.