The deal was secured through a “non-refundable deposit,” which applies to the purchase cost once the facility is completed.
The US-based firm’s founder and CEO, Dr. Jimmy Rojas, claimed it is a “recognition of the tremendous benefits of EVōLOH’s electrolyser technology and manufacturing process.”
He added that the agreement adds to “more than 16GW of signed intent for the supply of Nautilus stacks and modules.” The company’s alkaline solution reportedly achieved stable and high-efficiency performances last February after tests.
Dr. Rojas continued, “Using only local supply chains for commodity raw materials, high-speed roll-to-roll processing, and the most power-dense stack design in the industry, EVōLOH can produce in a few weeks what would take other electrolyser manufacturers months to supply.”
In addition to the 0.5GW supply deal, EVōLOH is commissioning a new pilot testing facility at its Santa Clara, California, headquarters.
“In Santa Clara, we’re currently operating dozens of stations at power ratings of tens of kilowatts for pilot testing, and we’ll soon be able to test stacks for up to several hundred kilowatts,” the CEO added.
In Lowell, EVōLOH will add a pilot facility in 2025 for factory acceptance testing of full stacks up to 1MW. H2 View understands that commercial demonstration projects of “multiple megawatts” are also being negotiated with clients and will be commissioned in early 2026.
Dr. Rojas reiterated that the firm has raised “over $40m” to ensure the delivery of large-scale supply. “Our investors recognise the massive value of our low-cost approach to manufacturing and commercialising electrolysers and continue to support us through this exciting time,” he said.