BayoTech, an on-site hydrogen production company, has forged a partnership with Cross River Infrastructure Partners to form a company that will provide customers in North America with distributed, low-cost, low carbon hydrogen gas-as-a-service.
This will enable customers to obtain dependable access to hydrogen without having to spend capital on infrastructure.
“We are excited about the partnership with Cross River and have already started receiving lots of interest from customers looking for low cost hydrogen today,” said Wendy Rollstin, CFO of BayoTech. “Now in addition to customers being able to buy, lease or rent BayoTech hydrogen generators they can purchase hydrogen directly from BayoTech."
Aaron Ratner, operating partner at Cross River Infrastructure Partners, added: “Hydrogen is playing an increasingly important role as a dependable source of energy for a low carbon future, across transportation, heavy machinery and ammonia production. As the next